Written Question·Department for Business and Trade·UIN 13974
Pyramid Selling
Tabled: 12 November 2024
Answered: 18 November 2024
Named DayQuestion
Andrew Cooper
Labour — Mid Cheshire
To ask the Secretary of State for Business and Trade, what steps his Department is taking to ensure participants in multi-level marketing schemes are protected from misleading claims about the financial benefits of said schemes.
Answer
Justin MaddersAlthough multi-level schemes are not illegal, it is a criminal offence to persuade someone to make a payment to a scheme by promising benefits from getting other people to join the same scheme (Fair Trading Act 1973 section 120(3)). Also, the Consumer Pro...
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