August 2, 2021

Carr Warns Of Pyramid Schemes Aimed At Instagram Users – CBS Atlanta

ATLANTA, Ga. (CW69 News at 10)


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Attorney General Chris Carr is warning consumers about a new take on the classic pyramid scheme. Pyramid schemes are illegal multilevel marketing programs that promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public. They may require you to buy products before you are eligible to be paid or receive bonuses, and you may need to pay fees for things like training sessions or expensive marketing materials. Plus, you can pretty much count on the fact that the only people making money are the scammers who are running it.

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