Intelligence forces bust pyramid scheme firm
Shiraz, The Intelligence Office of Fars Province announced that the ringleader and 18 members of a a pyramid scheme company named 'Financial' were arrested.
In line with protecting economic policies and avoiding any disturbance in the economic system of the country, the members of the group has been arrested, the Intelligence Office reported.
They used to attract people's money through various illegal methods to set up several pyramids and human chains, and take substantial amounts of hard currency out of the country through unauthorized foreign exchange dealers.
Source: Islamic Republic News Agency - IRNA