pyramid schemes

‘Al-Rayan’: a biopic challenged by historical fallacies
Art news

‘Al-Rayan’: a biopic challenged by historical fallacies

One of the massive economic changes in 1980s Egypt was the rise of pyramid schemes. Presented as highly rewarding (offering…
1980s-era scammer released after 21 years in jail
Egypt

1980s-era scammer released after 21 years in jail

Ahmed al-Rayan, mastermind of a notorious pyramid scheme that cost thousands of Egyptians their life's savings in the 1980s
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