Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.
On Reddit, a woman who works as a Scentsy consultant is being slammed after she attempted to leverage her multi-level marketing (a.k.a. MLM) candle business into a competition with another vendor who ...
Knowing what to look for allows you to avoid joining a pyramid scheme. Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons ...