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Archive Home > 2009 > April > 19 > Ponzi schemes on YouTube reported to be multiplying

Ponzi schemes on YouTube reported to be multiplying

By Los Angeles Times / The Bulletin
April 19, 2009

The Better Business Bureau warned about a proliferation of what appear to be Ponzi schemes on YouTube. The agency has identified nearly 23,000 of these videos — usually promoting “cash gifting” or “gifting club” programs — that have....

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