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Pyramid Schemes

The following businesses are the subject of current or recent regulatory action by the Federal Trade Commission or by a state Attorney General in the US, or by similar regulatory bodies in other countries. All are facing accusations of being illegal pyramid schemes.

Equinox International

Equinox Shut Down, Gouldd Barred
FTC v. Equinox: The Trial Begins
Read the September 14, 1999 Order
Read the FTC Press Release
Philadelphia Enquirer
More Press Releases
 

2Extreme

FTC Requests Injunction
2Extreme Shut Down, Assets Frozen Pending Trial

PRSI

PRSI Shut Down in Florida
Judge Upholds Injunction
PRSI Barred in Louisiana

KM.net

KM.net Under Investigation in Michigan

Rexall Showcase

Rexall Showcase Under Investigation

Skybiz 2000

Skybiz 2000 Under Scrutiny in Canada, Australia

The Winner's Circle

The Winner's Circle Becomes the Losers Pyramid
Winner's Circle Declares Bankruptcy
 

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This page updated May-05-00