What seemed like a too-good-to-be-true opportunity in micromobility has turned into a cautionary tale. The Lightning Shared ...

A business claiming a North Texas address appears to be operating a pyramid scheme and reportedly got the best of two people ...

In multilevel marketing companies (MLMs), the only relationships permitted are hierarchical ones. Participants can talk to ...

The Better Business Bureau (BBB) has issued a warning about Lightning Shared Scooter Company LLC (LSSC), which the consumer protection group alleges is operating as a pyramid scheme.

Multi-level marketing is a scam — here’s why people fall for it In “Little Bosses Everywhere,” Bridget Read explores why people are drawn to pyramid schemes ...

Eventually, a genuine pyramid scheme must collapse under its own weight, as it runs out of new people to scam.

Kevin Spacey's new film stars Vladimir Okhotnikov, the Russian co-founder of an Ethereum DeFi project described by the DOJ as ...

Bridget Read is a features writer at New York magazine and the author of Little Bosses Everywhere: How the Pyramid Scheme Shaped America.