Pyramid Scheme Law Language Considered at Statehouse


Consumer protections are under the microscope at the Ohio Statehouse. Lawmakers are working to put more of a squeeze on anybody conducting a pyramid scheme. 

State Representative Kent Smith says selling chances to make money without a product or service involved- is risky and probably qualifies as fraud.

State Representative Dorothy Pelanda says the law has not been clear enough.

Lawmakers say consumers beware. Those schemes amount to the shaft. House Bill 329 passed the Ohio House. It's moved on to the state senate.


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