Secret Sister Scam: Why Holiday Gift Exchanges Are Illegal Pyramid Schemes

The Secret Sister gift exchange may look festive, but it's an illegal pyramid scheme that resurfaces every holiday season.
CoinTelegraph

Ponzi vs. pyramid schemes: What’s the difference?

What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...
WSB-TV

Man accused of stealing more than $300,000 from families in alleged Gwinnett County pyramid scheme

GWINNETT COUNTY, Ga. — A Gwinnett County accused of scamming elderly Korean families out of hundreds of thousands of dollars in a pyramid scheme faced a judge Wednesday, as victims packed the ...
The Conversation

Pyramid schemes are on the rise – but do those who join up deserve prosecution or compensation?

The Government of New Zealand has previously funded Branislav Hock's research on pyramid schemes but not directly related to this article. The Government of New Zealand has previously funded research ...
YourTango

Authenticity Expert Claims Corporate America Is Nothing More Than An Elaborate Pyramid Scheme

People have strong, often negative, feelings about corporate America. Some think it’s a scam, and others dislike that they've had no choice but to devote much of their lives to it. One woman falls ...