Search results
Results from the WOW.Com Content Network
He was brought back to California, and in 2006 was convicted and sentenced to 30 years in prison by a federal judge. [8] Lewis was 60 years old. U.S. District Judge Cormac Carney also ordered him to pay $156 million in restitution. In imposing the statutory maximum of 30 years, Judge Carney described the scheme as a "crime against humanity ...
This organization, established in 1972, once had a million members. It was a cause of the enactment of Japan's law prohibiting pyramid schemes. In 1986, the Dai-ichi Sōgo Keizai Kenkyūsho declared bankruptcy, leaving debts amounting to 189,600,000,000 yen. [31] It has been called "the biggest pyramid scheme in history." [32]
The unsustainable exponential progression of a classic pyramid scheme in which every member is required to recruit six new people. To sustain the scheme, the 2.2 billion people in the 12th layer would be required to recruit 13.1 billion more people for the 13th layer, even though there are not nearly enough people in the world to achieve that.
The Djoser pyramid in Egypt is known as the oldest in the world at 4,700 years old. A new paper published in Archaeological Prospection calls that record into question with the strong claims of a ...
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
Thousands of people were tricked into joining an illegal pyramid scheme in Texas that targeted African-Americans and lost more than $10 million, according to federal authorities.
LuLaRich is an American documentary miniseries, directed and produced by Jenner Furst and Julia Willoughby Nason and executive produced by Blye Pagon Faust and Cori Shepherd Stern.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us