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March 15, 2026
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    Illegal Pyramid schemes

    “Gifting Club” is a pyramid scheme doomed to collapse, CMA warns the public

    CEO ReporterBanking & Financial ServicesJanuary 4, 2021January 4, 2021

    The Capital Markets Authority (CMA) has cautioned the public that the so-called “gifting club” operating via social media is actually a pyramid scheme that is doomed to collapse and offer…

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