All news on the topic: Financial Pyramids

710
From the US to Moscow: The criminal empire of "Mike Hess" and the collapse of the Forex pyramid schemes
In Moscow, authorities have arrested individuals described as the creators of some of the most notorious Forex-linked “financial pyramids” of the past decade, including Birzhevoy Universitet (Exchange University)
700
Timur Turlov and Freedom Finance: how the Mavrodi-2 financial pyramid moved from Russia to Kazakhstan
Former Russian and billionaire Turlov, after emigrating, became one of the wealthiest entrepreneurs in Kazakhstan: his financial pyramids are now "thriving" in Astana.