Police are investigating a suspected pyramid scheme scam circulating on Facebook - here's how to spot one so you don't fall victim. The 'get-rich-quick' scheme, which has been circulating on Facebook, ...
Pyramid schemes are illegal. They are financials scams where intelligent, crooked minds sit at the top of a scheme and roll it out, extending its base where an expanded lower level make payments to ...
Social media users are being targeted by a scam which is leaving participants hundreds of pounds out of pocket. The pyramid scheme has been appearing in newsfeeds and circulating online over the past ...
In November 2008 X-Ray warned that the "Give and Take - Key to a Fortune" pyramid scheme was sweeping across South Wales and would eventually collapse, leaving the vast majority of people who took ...
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 ...
Get-rich-quick schemes that rely on pyramid donations are to be outlawed, ministers have announced. People are offered handsome returns on gifts that can run in to thousands of pounds. But the system ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s police force is targeting illegal direct selling operations throughout the country, a sign that the ...
Conmen who set up pyramid "gifting" schemes could be sentenced to up to six months in jail or be heavily fined under a government Bill to be published this week. Tessa Jowell, the Secretary of State ...
Social media users are being targeted by a scam which is leaving participants hundreds of pounds out of pocket. The pyramid scheme has been appearing in newsfeeds and circulating online over the past ...