The Secret Sister gift exchange may look festive, but it's an illegal pyramid scheme that resurfaces every holiday season. Learn how these scams including the BIMT scheme operate.

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. A secret Santa-inspired scam is making its ...

For the best experience, please enable JavaScript in your browser settings. A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid ...

Scammers frequently mimic legitimate charities during the holidays, hoping to exploit people’s generosity. They may use names ...

Nov 20 (Reuters) - Thousands of Colombians have lost life savings in pyramid schemes that exploded in a wave of rioting and bankruptcies this month. The accused boss of another financial scheme has ...

SAN FRANCISCO -- If you have been tagged by a friend on Facebook, inviting you to take part in the "Secret Sister" holiday gift exchange -- don't do it. The Better Business Bureau says it's a scam ...

A SYDNEY woman and two others flogging a supposed discount travel deal were really running a pyramid-selling scam, the Federal Court has found. Justice John Nicholas also found Lualhati "Teddi" Jutsen ...

A new year is upon us, but I thought it would be fun to discuss a scam as old as time for the first 2023 edition of the Mid-Valley Scam Alert.

With increased digital opportunities today, it would appear that financial opportunities are endless-not all of them offering real profits. Among the oldest and most deceiving scams are Ponzi and ...

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 ...

PARIS (AP) — Thousands of French investors are hoping to recover some of the money they lost in an alleged pyramid scheme when a collection of rare manuscripts goes up for auction starting next month.

Please enable JavaScript to read this content. A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended ...