A pyramid scheme is a business model which, rather than earning money (or providing returns on investments) by sale of legitimate products to an end consumer...

these schemes from Ponzi schemes: In a Ponzi scheme, the schemer acts as a "hub" for the victims, interacting with all of them directly. In a pyramid scheme...

investments. Caritas (Ponzi scheme) Lyonya Golubkov Pyramid schemes in Albania The PyraMMMid Stock Generation, yet another financial scheme by Mavrodi, calling...

traditional pyramid scheme, including in China. In jurisdictions where MLM companies have not been made illegal, many illegal pyramid schemes attempt to...

The Bosnian pyramid claims are pseudoarchaeological theories put forward to explain the formation of a cluster of natural hills in the area of Visoko...

Retrieved 22 November 2023. "This Billionaire Just Called Bitcoin a 'Pyramid Scheme'". Fortune. Archived from the original on 24 September 2017. Retrieved...

Albania was in large part triggered by the failure of multiple pyramid schemes. These schemes, which grew to an unprecedented scale relative to the country's...

Washington State Attorney General in January 2019 accused LuLaRoe of being a pyramid scheme. LuLaRoe was incorporated on May 1, 2013. The company's name was derived...

in 2015 by the FTC for engaging in deceptive practices and being a pyramid scheme. The company, based in Tempe, Arizona, was founded in 2004 by Benson...

institutions such as the US Federal Trade Commission (FTC) for alleged pyramid scheme practices. The company has paid tens of millions of dollars to settle...

Chinese-Canadian businessman and politician, former theatre director, and former pyramid scheme operator. Gong served as Deputy Director of the China Council for the...

Telexfree mentor is an "expert" in Pyramid Schemes". Veja Abril Magazine. Retrieved December 9, 2013. "Pyramid Scheme Owner promotes Telexfree" (in Portuguese)...

pyramid scheme". Pittsburgh Post-Gazette. Retrieved 2021-04-21. Singletary, Michelle. "Perspective | Some Black promoters of illegal pyramid schemes are...

beverage company. According to Forbes, MonaVie's business plan resembled a pyramid scheme. In 2015, the company defaulted on a US$182 million loan and went into...

other agencies to classify companies as pyramid schemes and to investigate whether MLMs are pyramid schemes. The amendment would have disbarred the Treasury...

supplements. The company has been alleged to have fraudulently operated a pyramid scheme. Some products sold by Herbalife have caused acute hepatitis. The business...

company was sued by the Federal Trade Commission for being an illegal pyramid scheme. The company lost the suit in 2012, and lost appeal in June 2014. In...

Oxygen Organics (shut down in November 2021) BurnLounge (shut down as pyramid scheme by FTC in 2012) Equinox International (dissolved in 2001) European Grouping...

Ponzi scheme due to its organisational structure of paying early investors using money obtained from newer ones. It was also a pyramid scheme due to...

business model of Forever Living's distribution system to that of a pyramid scheme. In 1983, the company was named No. 6 on Inc. Magazine's annual Inc...

maker of weight-loss and vitamin supplements, calling the company a "pyramid scheme". After activist billionaire investor Carl Icahn bought a stake in the...

president of Pyramid Scheme Alert, a consumer organization to confront the abuses of pyramid schemes. Fitzpatrick's interest in pyramid schemes was sparked...

directed by Ted Braun. It investigates the allegation that Herbalife is a pyramid scheme, and follows Bill Ackman's short investment in Herbalife, which is ostensibly...

a multi-level marketing scam called BigCoin. In 2014, she founded a pyramid scheme called OneCoin. On October 25, 2017, Ignatova traveled from Bulgaria...

economy which uses Ethereum-based cryptocurrencies. It has been called 'a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel...

resembled a traditional stokvel, they considered its structure to be a pyramid scheme in the style of the 1980s US "airplane game". Rotating savings and credit...

charging the company with misleading its distributors and operating a pyramid scheme. Nu Skin admitted to no wrongdoing or violation of law and paid Connecticut...

multilevel marketing structure, which was later characterized as a pyramid scheme. On May 16, 1974, a compromise settlement with approximately 31,000...

launched another pyramid scheme called MMM-2011, asking investors to buy so-called Mavro currency units. He frankly described it as a pyramid, adding "It is...

Egypt, Rwanda, and Sri Lanka for allegedly operating a product-based pyramid scheme. The company and its franchise Vihaan are under investigation in India...