After 52 Singaporeans were arrested in China over pyramid scheme suspicions, CNA spoke to lawyers to find out more about such schemes.

When an ex-colleague offered Adrian Tan a partly sponsored trip to China's Guangxi province to learn about a "business opportunity", it seemed too good to pass up."Exactly what (the opportunity) is, I ...

SINGAPORE – It often starts with an innocuous invitation to attend a sales talk or an overseas trip for what seems like a lucrative business opportunity. Sold as a training programme for how to get ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

Pyramid schemes in Russia increasingly rely on crypto, with 80% of scams operating online and two-thirds using crypto wallets. In 2025, over 7,000 fraudulent schemes were detected, including fake ...

Following the arrest of 52 Singaporeans in Guangxi, CNA speaks to lawyers in China about the laws governing pyramid schemes and potential penalties for different levels of involvement.

Have you ever been approached for a “business opportunity” that promises you’ll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a ...

MLMs are similar in structure to pyramid schemes, but with the essential difference that an MLM is considered a legitimate business enterprise and a pyramid is a scheme to defraud. Understanding this ...

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Let’s say we invite you to invest £1,000 in our new and brilliant business. We promise you an impressive return on your money, and all we ask is that you persuade a few of your friends to invest the ...

Do you want to buy one bottle of wine for just $15, send it to someone in the mail, and get six to 36 bottles of wine in return? Wow! Sure you do! It’s almost too good to be true! If you look up the ...

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 ...