A BRITISH court overnight found a man guilty of defrauding thousands of investors out of 34 million pounds ($56 million) through a series of pyramid scams. Kevin Foster, 51, who promoted his "KF ...

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 ...

Have you ever heard of someone who claimed to make a lot of money by investing in a new cryptocurrency or a trading program that promised high returns? Did they also tell you that you could join them ...

The late great Benjamin Franklin once said, “an investment in knowledge pays the best interest.” While he probably meant to say this about merely having a basic education, the quote can also apply ...

Nov 20 (Reuters) - Thousands of Colombians have lost life savings in pyramid schemes that exploded in a wave of rioting and bankruptcies this month. The accused boss of another financial scheme has ...

A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended in yet another heartbreak. After losing billions of shillings to shadowy pyramid ...

(Adds color, context throughout) By Hugh Bronstein BOGOTA, Nov 13 (Reuters) - Colombians have lost hundreds of millions of dollars in pyramid schemes that are collapsing around the country, sparking ...

For the best experience, please enable JavaScript in your browser settings. A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid ...