Pyramid schemes, money laundering

By Sandra Fungai Kabaya ( August 18, 2023, 8:47 AM EDT) -- Pyramid schemes and money laundering are two interlinked elements of financial fraud that have wreaked havoc on unsuspecting victims and financial systems around the globe. These illicit activities not only drain individuals’ hard-earned money but also undermine the integrity of economies. This article aims to delve into the nature of pyramid schemes, the mechanics of money laundering and the intricate relationship between the two....