Showing 1 to 10 of 22 results

  • Pyramid selling warning

    12 Mar 1997 -  The key difference is that multi-level marketing relies on selling products, while pyramid selling relies on introducing more and more people into the scheme. ... There just aren't enough people to keep a…

  • Appeal fails – $12,000 pyramid selling penalties stand

    5 Dec 1997 -  of $10,000 plus $2,000 costs for operating a pyramid selling scheme. ... under the Criminal Records (Clean Slate) Act 2004] had promoted a pyramid selling scheme.

  • Warning: Endeavour retirement plan includes pyramid selling

    11 Jun 1997 -  All pyramid selling is illegal in New Zealand, and the Commission never endorses or approves any business schemes.". ... Ms Leamy said Endeavour International does not appear to have gone beyond distributing promotional…

  • Black Magic pyramid selling penalties total $29,000

    29 Aug 1997 -  All pyramid selling schemes are illegal in New Zealand. They are prohibited by the Fair Trading Act. ... Anyone considering getting involved in a pyramid selling scheme should consider these cases very…

  • Scam costing NZ business $millions

    21 Aug 1997 -  It summarises how to deal with telephone calls selling advertising, what to do if you want to advertise, how to authorise advertising and what to do about false invoices and threats. ... authorising payment. Telephone calls…

  • Edge sold dummy computer motherboards

    17 Feb 1997 -  by selling computer motherboards which did not have the memory claimed for them. ... At the time of the admitted offences, 1995, cache memory was a major selling point for computers.

  • Precedent case – promoting pyramid scheme costs $12,000

    23 Jul 1997 -  for breaching the Fair Trading Act by promoting a pyramid selling scheme known variously as "Black Magic", "Magic 95" and "Black Magic 95". ... The Commerce Commission prosecuted [Concealed under the…

  • Record fine imposed on Edge – $50,000

    20 Feb 1997 -  for selling computer components which did not have the memory claimed for them.

  • Commerce Act action against 34 organisations

    24 Feb 1997 -  Price fixing strikes at the very heart of this process. "At the end of the day, competition is about selling goods and services to customers and price is usually a significant

  • Electronic commerce raises Fair Trading issues

    17 Mar 1997 -  The false claims about prices, misleading descriptions of goods and services, phoney endorsements, taking money but not delivering goods or services, pyramid selling schemes and the other problems occurring have all