Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...

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 ...

Heather Massey is the Regional Director of the Better Business Bureau in the Permian Basin. Check out www.bbb.org or call 563-1880. It’s a scam that almost seems as old as the ancient structures in ...

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 ...

“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

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 ...