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August 2020

Prosperity Automated System Targeted by SEC  

Internet Pyramid Scheme Alleged

The Securities and Exchange Commission is seeking to shut down a network of 25,000 websites, accusing operators of running a $15-million pyramid scheme that promises to shower participants with easy cash.

Prosperity Automated System, which bills itself as a marke...

Source: LA Times

Prosperity Automated System Targeted by SEC
Posted 10/1/2006

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