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. LSSC has been ...

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...

Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.” There is indeed something vaguely obscene about ...

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. The second Trump administration has been compared to the Mafia ...