Tuesday, July 15, 2008

CCSO Warns Public About Pyramid Scheme

CCSO investigators have received information that a pyramid scheme called Circle of Sisters may be going on in the area.

The scheme, usually targeted at women, calls for invited participants to contribute $5,000 to the circle. The promise is that as participants move closer to the center of the circle they will receive up to $40,000 as new members join.

CCSO wants the public to be aware that not only are participants likely to lose the money they contribute to the circle, participating in, organizing or being affiliated with such schemes is a crime in Florida.