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 ...
A Fort Collins man determined to be one of three founding members of a nation-wide pyramid scheme that took more than $23 million from its investors was sentenced recently to prison time and millions ...
Each time there's a recession, recruitment efforts ratchet up for multilevel marketers, often targeting the newly unemployed or underemployed. I was reminded of that when a former co-worker posted on ...
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