December, 2009
Iran joins other countries in efforts to protect citizens from multi-level marketing(MLM) scams. The MLM scheme, Gold Quest, which was a knock-off of the former US-based MLM scheme, Gold Unlimited, was banned in Iran in 2005. It has also been prosecuted in India and Sri Lanka. Yet, like many similar MLM schemes, it continues to operate in other countries and even seeks to return to nations where it is outlawed. Such is the new boldness of pyramid scams. More than 100 investors and recruiters were arrested at the airport in Iran upon returning from a recruitment program in Thailand. Read More
