As the time-tested proverb goes, “wealth gained hastily will dwindle, but wealth accumulated through diligence will endure”, ...

Pyramid schemes are a serious financial threat in Sri Lanka, as confirmed by authorities and research. They operate illegally under the guise of legitimate businesses, like multi-level marketing (MLM) ...

The Central Bank of Sri Lanka (CBSL) is scheduled to launch the ‘Anti-Pyramid National Awareness Week’ starting today (14) ...

The Central Bank of Sri Lanka (CBSL) will launch the ‘Anti-Pyramid National Awareness Week’ from tomorrow (14). Accordingly, the ‘National Awareness Week’ launch by the Financial Consumer Relations ...

BIFA didn’t hold back in its warning. They listed five unmistakable signs of a scam: no licence, excessive technical jargon ...

Following the arrest of PACL director Gurnam Singh for allegedly defrauding investors of Rs 49,000 crore, it is more crucial ...

A fraudulent investment scheme operating under the guise of “Sure Grace Investment Platform” has come under public scrutiny after being flagged by concerned citizens for its deceptive practices and ...

Worried by the devastating consequences of Ponzi schemes on their victims, the Senate on Wednesday, directed its standing ...

The bestselling writer’s ‘How to Sell a Romance,’ due out July 15, is a rom-com about a pyramid scheme and unexpected sparks.

In this eye-opening investigation, I dive deep into the world of forex trading scams and multi-level marketing (MLM) schemes. Starting with the infamous history of pyramid schemes, from autohide ...

Unsealed in the District of Puerto Rico, the indictment accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan ...

Authorities in Shenzhen have issued a warning to residents about fraudulent financial schemes posing as stablecoin investments.