Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...

When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks ...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Wednesday officially declared Multi-Level Marketing (MLM) schemes, referral marketing, Pyramid and Ponzi Schemes illegal in ...

In the world of multilevel marketing (MLM) the only “sales” that are recorded are the purchases made by each seller, ...

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...

It can be difficult to tell the difference between a legitimate multilevel marketing plan (MLM) and an illegal pyramid scheme - even for the agencies that investigate them. If you are considering ...

“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Bridget Read shares an investigation into ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.