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The Better Business bureau warned that pyramid schemes “are all over the country

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The Better Business bureau warned that pyramid schemes “are all over the country

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Beguiling our vulnerable sides is not unique to pyramid schemes, but the fact that they are spread by thousands of ordinary people defrauding one another makes them unique among flim flams.

The claims of promoters that the schemes are legitimate businesses that empower people make them particularly sinister. The protests of innocence and denial of responsibility by rank and file participants indicate that better public understanding is greatly needed. In 1996, the Better Business bureau warned that pyramid schemes “are all over the country.”

• In October 1997, 30 Sheriff’s Deputies in Fort Lauderdale, Florida were exposed for participating in a scheme called ‘Friends Helping Friends’ that was run from within the County jail.

• In June 1997, the Greensboro, NC News and Record reported that a pyramid scheme called ‘Hotel’ had attracted much of the city’s African-American community, backed by some prominent clergy with meetings held in local churches.

• The Tri-City Herald in Kennewick, Washington reported in January, 2000 that the leaders of a pyramid scheme called ‘Renewal Celebration Gift Club’ “mounted a brazen attack on the authorities who are investigating them.” Scheme leaders filed a $65 million civil lawsuit against 12 police officers and one deputy prosecutor.

• The Gifting Club pyramid schemes ran rampant in Springfield, Illinois last year.

• The Boston Globe, in the summer of 2000, recounted the recrimination, shame and anger that was damaging community life in many small towns in Maine where a scheme called ‘Changing Lives’ had operated until Attorney General Andrew Ketterer prosecuted it.

• A front-page headline in the Palm Beach Post, June, 2000, read, “Online Mall? Or Pyramid Scheme?” and reported that 60,000 people joined Professional Resources Systems, Inc. (PRSI) an internet-based multi-level marketing company. Boca Raton police seized $4.5 million in cash and luxury cars. More than 7,000 members then signed a form letter claiming the company is legal and innocent.

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The Better Business bureau warned that pyramid schemes “are all over the country
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