According to figures cited by Kamath, more than 5.5 crore Indians have lost their savings to over 5,300 such schemes. The ...

The illusion of easy money In every community, there are people who dream of a better income, a better lifestyle, and a ...

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...