If you are currently putting your hard-earned money in Loom Ponzi Scheme, trust me, you will soon be on a long thing. And to think that we were already discussing marriage, meeting families and all ...

Anyone looking for some extra cash this holiday season might be tempted to join a "Blessing Loom," the latest money-making scheme spreading through Facebook. But you need to be careful before you send ...

During a time of vulnerability for many scammers are finding ways to take your money. A woman who spoke with Eyewitness News Monday and wishes to remain anonymous, says she saw on social media what ...

If you have social media accounts, you might have seen the “Blessing Loom,” which promises $800 in a matter of days, but state officials warn residents not to fall for it. Attorney General William ...

HAMPTON, Va. — More people are looking for a little extra money during the COVID-19 pandemic. But sadly, more scams are popping up, too. Maybe you've seen the “Blessing Loom” posts pop up in your ...

A couple months ago, I was introduced into the world of blessing looms and detailed how this one specific blessing loom was an illegal pyramid scheme. Unfortunately, these schemes have been on the ...

There's a new money-making scheme circulating on social media that promises lots of cash if you join in. It's called the "Blessing Loom." The Better Business Bureau said if you care about your money- ...

Nigerians are signing up for Loom despite past heartbreaks experienced with other Ponzi schemes. MMM penetrated the Nigerian market in 2015 with over 2 million people signing up for the scheme by the ...