Friday, December 6, 2024

WARNING OF POTENTIAL NEW PYRAMID SCHEME

Pafos Live 6 December 2024



Police are investigating information about a pyramid scheme. Specifically, information was received about a specific company, based abroad, which, through its posts on social media, is trying to attract investors, promising high investment returns.

The remuneration of potential investors will be determined by the number of short promotional videos that each of them will post on social media platforms. In order to join the investment program, prospective investors are required to pay the amount of €130 for a start.   From the police examinations so far, there is evidence that raises serious suspicions that it may be a pyramid fraud. Therefore, the public is urged to be particularly cautious and cautious.