Like the gullible investor in a pyramid selling
scheme, she got involved in imagining rich rewards to discover she'd only get her return by fooling others - as well as herself.
These pyramid selling
companies lead the public to believe that they are involved in a marketing network.
Although an outright ban on pyramid selling
and network marketing was now in place, the representative said "very few companies" had been contacted to adhere to the ministerial order.
The Australian Competition and Consumer Commission has instituted proceedings against Lyoness International AG, Lyoness Asia Limited, Lyoness UK Limited and Lyoness Australia Pty Limited (together Lyoness ) for operating a pyramid selling
scheme and engaging in referral selling.
His scams included swindling 87 investors of PS900,000 over an ostrich farm venture and setting up pyramid selling
schemes on the internet.
She dismisses claims by some in America that the New York stock market-quoted group is no more than a pyramid selling
scheme that exploits vulnerable people while making its senior executives very rich.
Coun Marcus Hart, joint committee chairman of the team, said: "Scams take many forms, including fake prize draws, bogus health cures, pyramid selling
and letters asking for advance fees.
PAYDAY loans must surely be the modern day equivalent of those 1980s timeshares and pyramid selling
He was also a member of the old West Midlands County Council and became renowned for campaigning against pyramid selling
scams, prompting a change in the law.
Remember the Pyramid Selling
schemes, the South Sea Bubble and Tulipamania.
The authorities in the United States have been heavily criticised for failing to clamp down on the actions of Bernie Madoff, the New York broker recently accused of a 50 billion dollars pyramid selling
this time a rich guy conned everyone in a pyramid selling