Promoters of illegal “sou-sou” pyramid schemes, some using the Black Lives Matter movement to snare victims, want Black folks to believe their participation is for a good cause. To do this, promoters ...

The FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...

What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

With increased digital opportunities today, it would appear that financial opportunities are endless-not all of them offering real profits. Among the oldest and most deceiving scams are Ponzi and ...

a pyramid scheme in the hands of a fraudster. Fans of the old horror movie Poltergeist 2 remember the classic line "They're back" and so it is with the classic Secret Sister scam which returns each ...