PRWeb.com Press Release Feed - PRWeb Press Release Account Feed http://www.rsspad.com/rss2a/132708.xml PRWeb.com Press Release Feed - Press Releases en xml@emediawire.com xml@emediawire.com 30 Ponzi's and Pyramids Ignored or Protected by FTC, Consumer Group Charges http://www.prweb.com/releases/Ponzi/pyramid/prweb2573684.htm Consumers in the US Suffer as much as $10 billion in Annual Losses from Ponzi and Pyramid Schemes, due to Negligence and Corruption at the FTC, a Consumer Group Charges. In a 21-Page Whistle Blower's Report, the Non-profit Group, Pyramid Scheme Alert, Charges that the Federal Trade Commission has been Politicized and Muzzled by Conflicts of Interest and Lobbyists for Pyramid Selling Schemes. (PRWeb Jun 26, 2009)

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]]> Fri, 26 Jun 2009 07:00:00 GMT http://www.prweb.com/releases/Ponzi/pyramid/prweb2573684.htm Pyramid Scheme Alert Calls Madoff Scandal a Failure of SEC and FTC to Enforce Laws Against Pyramid and Ponzi Schemes http://www.prweb.com/releases/2008/12/prweb1756444.htm Pyramid Scheme Alert, the only consumer group in the world focused directly on pyramid/Ponzi scheme fraud, charges that the Bernard Madoff Ponzi Scheme is the tip of a far wider pattern of pyramids and Ponzis. In a letter to the chairmen of the FTC and SEC, PSA charges that the lapse of FTC and SEC regulation has led to an epidemic of pyramid frauds, and it demands renewed regulation. (PRWeb Dec 17, 2008)

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]]> Wed, 17 Dec 2008 08:00:00 GMT http://www.prweb.com/releases/2008/12/prweb1756444.htm Consumers Defeat Law in Utah that Favored Amway-Type Sales Schemes http://www.prweb.com/releases/2005/03/prweb217181.htm Consumers scored a victory over pyramid scheme fraud. The Utah Senate rejected a state bill to exempt multi-level marketing schemes from its definition of pyramdi schemes. The bill was pushed by the Direct Selling Association with Amway/Quixtar as its largest member. (PRWeb Mar 14, 2005)

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