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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”.
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 ...
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 ...
The Better Business Bureau warned women about gifting circles in 2016. The watchdog said the scheme works by promising women a $40,000 payout — if they invest $5,000 and recruit a few friends.
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