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Pyramid Scheme

The Brutal Truth About Those Pyramid Schemes

Regan Long | Posted 07.05.2016 | Parents
Regan Long

Whether it be Facebook, Instagram, Pinterest, Twitter, YouTube, or LinkedIn ... we have been seeing a tremendous shift in peoples' posts, a large percentage of them being women and/or mothers.

5 Ways to Make Money That Should Be Illegal

GOBankingRates | Posted 04.12.2016 | Business
GOBankingRates

By Caroline Banton, Contributor Most successful entrepreneurs say hard work and talent are necessary to make money legally. However, some individua...

Grand Rapids Electronic/Pop Artist Alexander Lynch Shares First Look at the New Video For "Missing Me"

Kelly Frazier | Posted 04.12.2016 | Detroit
Kelly Frazier

When it comes to the music scenes in Michigan, we usually hear of Detroit or Ann Arbor, but there are many great artists coming out of the other citie...

Latina Entrepreneurs Deserve Strong Advocates, Not False Promises and Deceptive Opportunities

Amy Hinojosa | Posted 08.18.2015 | Business
Amy Hinojosa

I cannot stand by when a company like Herbalife has the audacity to publicly proclaim they provide opportunities for Latinas -- neglecting to mention that it is under investigation by the SEC, the FTC and multiple state Attorneys General for intentionally targeting and scamming Hispanic customers.

Zach Carter

What Do Chase Bank, Condoms, The Tea Party, And Petty Fraud Have In Common?

HuffingtonPost.com | Zach Carter | Posted 03.31.2014 | Politics

In mid-March, a division of JPMorgan Chase rejected an application to process payments for the fledgling New York City condom company Lovability, citi...

Pyramid or Brokerage Scheme? Herbalife vs. Bill Ackmaan

Food Politic | Posted 05.21.2014 | Home
Food Politic

By Aly Miller Originally published in Food Politic How did Herbalife, a company that sells nutrition and energy supplements, become the center of a ...

Senator Calls For Probe Into Marketing Company

Reuters | Posted 03.25.2014 | Politics

By Svea Herbst-Bayliss BOSTON, Jan 23 (Reuters) - Massachusetts Senator Edward Markey is asking for information about the business pra...

Herbalife: A Pyramid Scheme Disguised as a Business Opportunity

Brent A. Wilkes | Posted 11.11.2013 | Latino Voices
Brent A. Wilkes

If Herbalife is profitable, why should anyone be concerned? What does it matter if the company is a pyramid scheme, some wonder, so long stock price keeps going up?

Much Ado About Herbalife

Michael de Portu | Posted 03.24.2013 | Business
Michael de Portu

Would you not expect the stock to gradually move upward from there? And so it did.

Herbalife, Bill Ackman and Dan Loeb: Gains and Losses

Janet Tavakoli | Posted 03.12.2013 | Business
Janet Tavakoli

I tend to like nice guys. Don't we all? One of my favorite investors is John Templeton. Years after his death, he's still acknowledged as an exemplary person and great investor. But you don't have to be adorable to be a good investor.

Bill Ackman Is Right About Herbalife: It's Ripe for Investigation

Janet Tavakoli | Posted 02.22.2013 | Business
Janet Tavakoli

Bill Ackman claims Herbalife is a pyramid scheme, and he makes a good case for it. But even if you don't buy his argument, there are other compelling reasons that would make many reasonable people run far and run fast from this company.

A Curious Admixture of Girl Power and Greed

Suzanne Langlois | Posted 07.07.2012 | Crime
Suzanne Langlois

Early Wednesday morning, three women from two tony towns on the Connecticut shoreline received visitations at their homes by Federal Marshals. Each woman had been charged with multiple counts of defrauding the Internal Revenue Service, filing false tax returns and wire fraud.

Why Stanford's Pyramid Scheme Is a Problem for You Too

Jack Ucciferri | Posted 05.07.2012 | Business
Jack Ucciferri

The story here isn't Stanford. The story is the SEC. Why should individual investors trust they are getting due protection when evidence of regulator corruption is all around them?

Beware the "Main Street Bubble" of Multi-Level Marketing groups without U.S. Government Protection

Steven Hassan | Posted 05.25.2011 | Business
Steven Hassan

Quixtar, a former subsidiary of Amway, one of the largest multi-level marketing (MLM) companies in the world, has agreed to a $150 million class action settlement.

MonaVie Juice Pyramid Scheme

Accidental Hedonist | Posted 05.25.2011 | Home

I try not to use the word "scam" lightly. After all, value is often determined by the buyer along with the seller, and if someone wishes to spend $35 ...

Hezbollah Embarrassed By 'Lebanese Madoff'

nytimes.com | ROBERT F. WORTH | Posted 05.25.2011 | World

TURA, Lebanon -- The investor, a heavyset man in a gray polo shirt, sat back in a plastic chair in his hardware store and sighed, unable to explain ho...

Is It Possible Madoff and Feeder Funds Will Not Be Sued by Big Fish?

Vivian Norris | Posted 05.25.2011 | Business
Vivian Norris

Why would certain well-off clients and investors in the feeder funds (for example Switzerland's Union Bancaire Privee) not sue Madoff for his illegal ...