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 ...
Have you ever been approached for a “business opportunity” that promises you’ll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a ...
Crypto pyramid schemes rely on recruits’ investments rather than legitimate products. Only a few people at the top benefit, and when the scheme collapses, most investors lose money. Pyramid scheme ...