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 ...

The commission says its current view is that the scheme under investigation may not meet the legal definition of a pyramid scheme, but it is continuing to assess how it operates and whether it could ...

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 ...

A surge in fraudsters setting up so-called ‘pyramid’ investment schemes has prompted Bahrain authorities to ban the practice, it was reported on Wednesday. The country’s Industry and Commerce Ministry ...