Auckland community groups are worried an alleged Australian pyramid scheme will hit vulnerable families here.There are plans for seminars in Mangere, Rotorua and Whakatane but an Australian Federal court has temporarily forbidden TVI Express from promotin
Auckland community groups are worried an alleged Australian pyramid scheme will hit vulnerable families here.
There are plans for seminars in Mangere, Rotorua and Whakatane but an Australian Federal court has temporarily forbidden TVI Express from promoting the scheme after 5000 people signed up, One News reported.
Australia's Commerce Commission said TVI Express was a pyramid scheme which charged $US275 ($NZ412) but its promises of reward travel never eventuated.
Darryl Evans, from Mangere Budgeting Service, said vulnerable families were sucked into such schemes.
New Zealand's Commerce Commission warned people to avoid all pyramid schemes.
