You can be charged for organising or participating in pyramid schemes – Acting AG

You can be charged for organising or participating in pyramid schemes – Acting AG

By Semi Turaga
Wednesday 24/03/2021
Acting Attorney General and Minister for Commerce and Trade Faiyaz Koya.

Anyone organising or participating in pyramid schemes or gifting circles can be charged.

This has been stressed by the Acting Attorney General and Minister for Commerce and Trade Faiyaz Koya after reports of Fijians participating in ‘get rich quick schemes have surfaced in the past few days.

He says when the pyramid or circle collapses people will lose hard-earned cash.

The Consumer Council of Fiji says recruiting new people is the primary focus of the pyramid schemes or gifting circles.

It says there are no goods or services being sold and there are no written agreements or contracts.

The Consumer Council says gifting circles also brag about the high earnings of a few top performers and the recruiter usually asks for a small upfront payment with high returns in order to gain your trust.

Eventually, they will convince you to start making large payments.


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