Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

GRAND RAPIDS, Mich — A twist on a pyramid scheme has once again been making the rounds on social media in West Michigan. Posts calling for people to join a "book exchange" are really a scam. The post, ...

A "Secret Santa" around the office, friends and family can be fun. A gift exchange among online friends you haven’t met – well, that’s a little different and carries a heftier consequence. These gift ...

“I’m looking for people to participate in a huge book exchange. You can be anywhere in the world. All you have to do is buy your favorite book (just one) and send it to a stranger (I’ll send you their ...

Officials are reminding consumers that the online Secret Sister gift exchange and similar invitations on social media sites are illegal and should be ignored. Better Business Bureau officials said the ...