They are asked to pay a “gift” of around US$5000 in return for empowerment, wisdom and sisterhood and the promise of US$40,000 should they reach the circle’s top status of leader or “Lotus”.

The Better Business Bureau is issuing a warning about a scam targeting women that could cost them thousands of dollars. Evan Kelly from the BBB says the scam is called a “Gifting Circle” or ...

A southern Alberta man is accused of playing a key role in a "gifting circle" pyramid scheme that could involve millions of dollars and hundreds of people in Alberta, B.C. and Saskatchewan.

Mission RCMP have arrested four people in relation to an illegal "gifting circle" pyramid scheme potentially involving thousands of people across the Lower Mainland. RCMP, with help from the Federal ...

Gifting circles are just the latest incarnation of the classic pyramid scheme. In a gifting circle — also known as a gifting cloud or community — new members buy in with a "gift" of cash.

Deputy District Attorney Erik Schlueter's comments to a group of women involved in a pyramid scheme has raised concerns from Sacramento law enforcement.Schlueter, involved in a November runoff ...