Sunday, 23rd February, 2025

Advertisement
  • Home
  • News
  • Searches carried out in Donegal into alleged pyramid scheme

Searches carried out in Donegal into alleged pyramid scheme

Andrew Mooney -
Searches carried out in Donegal into alleged pyramid scheme

The Competition and Consumer Protection Commission are investigating alleged reports of a pyramid scheme in Co. Donegal.

Unannounced searches at two properties in the county took place on Tuesday last investigating the alleged crime being run by a marketing company in the health and wellness sector.

Under Section 65 of the Consumer Protection Act 2007, it is illegal to establish, operate, promote or knowingly take part in a pyramid scheme.

If convicted, people and organisations face a fine of upto €150,000 and five years in prison or both.

Advertisement

Investigations are ongoing.

 

Andrew Mooney -