Mon, Dec 12: Earlier this year, the Better Business Bureau brought to light the issue of Gifting Circles. A pyramid scheme that targets affluent women with the promise of a payout after an initial investment. Pyramid schemes rely on recruitment, not products or services being sold and they fall apart as quick as they begin. The people at the top run away with the cash and the people on the levels below lose their money. Evan Kelly with the BBB, joined Global News Morning with a warning about gift exchanges.
Global News Morning BC
Warning about Facebook gift exchanges
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