Between rising interest rates, a shaky stock market and the threat of a trade war with the US, it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more…[Continue Reading...]
Herbalife is a pyramid scheme. New deadlines have been set in a class action lawsuit accusing Herbalife International of America Inc. of operating a pyramid scheme, indicating that settlement negotiations may occur within the next year. U.S. District Judge Beverly…[Continue Reading...]
Desperate to break the humdrum of her life and begin achieving her dreams, a young Jennifer chased riches for years before realizing what she was truly after couldn't be bought. In 1994, Jennifer Rust moved to a small town in…[Continue Reading...]
Two years ago, when flipping her graduation cap at her convocation ceremony, Ayesha Ali was self-confident that getting a degree from one of the most reputed business schools would land her a good job. Her dreams and expectations were shattered…[Continue Reading...]
Between rising interest rates, a shaky stock market and the threat of a trade war with the U.S., it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more…[Continue Reading...]
The government is taking steps to regulate multilevel marketing (MLM) to protect consumers from deceptive business practices, especially the growing issue of pyramid schemes disguised as MLM, according to the Minister of Trade and Industry, Prudence Sebahizi. Regulation of multilevel…[Continue Reading...]
Bangladesh Bank has cautioned the public against multi-level marketing (MLM) schemes, highlighting their hallmarks—unrealistically high profits and referral-based commissions—as traits of pyramid or Ponzi schemes that often lead to significant financial losses for investors. The central bank issued the warning…[Continue Reading...]
Bollywood actors Shreyas Talpade and Alok Nath have found themselves embroiled in a legal controversy, as both have been booked in a cheating and breach of trust case filed at the Murthal police station in Sonipat, Haryana. The FIR, lodged…[Continue Reading...]
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