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

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

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

The couple, LaShonda and Marlon Moore of Frisco, were each convicted of five counts of wire fraud, three money laundering and ...

Over the past decade, numerous fraudulent schemes in Nigeria have swindled billions of naira from unsuspecting investors through elaborate pyramid structures. These schemes lure participants with ...