Scam alert! Pyramid scheme launches highest in 5 years; watch out for entities like Mission Green India, Jivan Daan, Dhan Vriddhi, Capcha Pay

India has seen a surge in multi-level-marketing (MLM) pyramid schemes, with over 400 new schemes emerging in 2023, the highest in the past five years. These schemes exploit loopholes in consumer protection laws and target low-income individuals, promising high returns in a short period.

Dec 13, 2023 - 12:30
Scam alert! Pyramid scheme launches highest in 5 years; watch out for entities like Mission Green India, Jivan Daan, Dhan Vriddhi, Capcha Pay
India has seen a surge in multi-level-marketing (MLM) pyramid schemes, with over 400 new schemes emerging in 2023, the highest in the past five years. These schemes exploit loopholes in consumer protection laws and target low-income individuals, promising high returns in a short period.