Deputy Finance Minister Julapun Amornvivat said the government is making moves to plug legal loopholes to protect people from get-rich-quick schemes and this process may take up to three months. The minister was responding to a question raised in Parliament…[Continue Reading...]
Pyramid schemes are just another scam to steal your money. Quite a few scammers who used this method to steal money were arrested recently, prompting consumers to ask how to spot one. According to a consumer alert from the National…[Continue Reading...]
It starts with a seemingly innocent compliment about nice shoes or a lovely bag. But the flattering remark can just provide an opening for a sales pitch. “A couple approached us at [the Short Pump] Target,” recalls Lori Reibach. “The…[Continue Reading...]
Pyramid scheme news: In 2023, India witnessed the launch of over 400 new multi-level marketing pyramid schemes, marking a five-year high, Economic Times reported citing Strategy India, a consultancy specialising in policy, compliance, and direct selling, and an associate member…[Continue Reading...]
What do you think of when you hear the phrase “Ponzi scheme”? For most of us, especially in this day and age, the story of Bernie Madoff comes to mind. In even more contemporary times, your mind might run across…[Continue Reading...]
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 and earn…[Continue Reading...]
A product of Web3 developers known in X, formerly Twitter, as oxRacerAlt and Shrimppepe, this platform is creating buzz worldwide. Yet, as the user base grows, so do concerns about its business model. Many argue friend.tech looks strikingly similar to…[Continue Reading...]
Actor and 'Easy Money' author Ben McKenzie joins 'Squawk Box' to discuss the flaws and shortcomings of cryptocurrency, the inherent risks and practices within the industry, and more.[Continue Reading...]
If you are like most people, you would jump at the opportunity to put your money into a sure fire investment that promises above-market returns. But if a broker or anyone else tries to sell you on such a deal,…[Continue Reading...]
On rare and treasured occasions, a manager can be a close friend to his employees, looking out for and protecting them. But even the best manager’s patience can only be pushed so far before it snaps.The very same happened when…[Continue Reading...]
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