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HomeNewsPyramid Scheme leads to warning from PG RCMP

Pyramid Scheme leads to warning from PG RCMP

The Prince George RCMP are warning the public once again about a pyramid scheme.

The Gifting Pyramid Scheme is known as a “Gifting Circle” where groups often convince residents to recruit friends.

Under this scheme, recruiters often ask new members to pay $5,000 as a gift to join.

Often times each new member is expected to recruit eight people so everyone ends up with $40,000.

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The illegal venture has been reported in a number of cities and in July, two women from Maple Ridge were charged for running a Gifting Scheme.

Anyone with information is asked to contact the Prince George RCMP or Crime Stoppers.

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