May, 2009
California state regulators are doing what the Federal Trade Commission (FTC) will not do protect the public from pyramid selling scams, also called business opportunity frauds. The latest example is the scheme, Your Travel Biz.com, a classic pyramid in which consumers buy the right to become travel agents and then make money when they recruit other agents. California Attorney General, Jerry Brown, has struck a fatal blow against the scheme and provided a great benefit to hundreds of thousands of consumers. More…