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Iranian police busts 15 pyramid scheme firms

Iran Materials 6 February 2012 17:49 (UTC +04:00)
The Iranian police in cooperation with the Intelligence Ministry has identified and busted 15 companies.
Iranian police busts 15 pyramid scheme firms

The Iranian police in cooperation with the Intelligence Ministry has identified and busted 15 companies involved in pyramid schemes in Isfahan, Fars agency reported.

Reportedly, the directors of the firms have been arrested and will be brought to trial.

The Iranian government believes that the pyramid selling can disrupt the economic system of the country and has outlawed cooperation with pyramid scheme firms.

Edited by: S. Isayev

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