BG Wealth Sharing has been operating in Hawaii with small initial investments, promises of wealth and incentives for recruiting new members, according to state regulators.

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 ...

CONSUMER INVESTIGATOR BRIAN ROACH HAS MORE. SO THIS SCAM STARTS WITH A CONVINCING INVITATION. EITHER BY EMAIL OR SOCIAL MEDIA, TO SIGN UP FOR A FUN GIFT EXCHANGE PROGRAM. ALL YOU HAVE TO DO IS PROVIDE ...

Elon Musk and Tesla Inc. won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin into a $258 billion “pyramid scheme.” Investors who lost tens of thousands of ...

Being able to sit in your PJs all day while you work from home with a schedule you set for yourself sounds great, right? Today, there are more and more opportunities to work for a multi-level ...

Most of us have probably heard of Ponzi schemes or pyramid schemes. If you are familiar with these terms, you are likely thinking, like most people, that they would be easy to spot, thanks to the ...

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...