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The plague of Ponzi and pyramid schemes

Saturday 17 October 2020 | Written by Emmanuel Samoglou | Published in Economy

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The plague of Ponzi and pyramid schemes
Under Cook Islands law, anyone found to be operating or promoting a pyramid scheme can be hit with a fine of up to $10,000. 20101627

Government officials are working against the odds to alert the public over a plague of misinformation and greed that’s being promoted on social media within the community.

Government officials are working against the odds to alert the public over a plague of misinformation and greed that’s being promoted on social media within the community.


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