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...]
In case you didn't know, a multilevel marketing company (aka an MLM) is a company that emphasizes both direct sales and recruiting other people to join the company and work under you so you can also receive a percentage of…[Continue Reading...]
From May 19 to June 15, Washington Improv Theater (WIT) will present Not a Pyramid Scheme, an improvised show that satirizes the world of multi-level marketing (think essential oils and overpriced makeup) and get-rich-quick schemes. The original show pokes fun at capitalist…[Continue Reading...]
If you aren't familiar with multi-level marketing companies, (aka, MLMs) they're companies that emphasize both direct sales and recruiting other people to join the company and work under you so you can also receive a percentage of profit from the…[Continue Reading...]
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