Pyramid Scheme

FTC Shuts Down Pyramid Scheme

The Federal Trade Commission has shut down the BurnLounge multi-level marketing program after determining that it is in fact an illegal pyramid scheme that misled consumers about the amount of money that could be made through its program. The FTC has ordered BurnLounge to pay $17 million in restitution to consumers who fell for this …

FTC Shuts Down Pyramid Scheme Read More »