The Pyramid Ponzi Problem: India’s Booming Scam Scourge and How to Stop It.
A wave of misleading plans is inundating India, with over 400 unused multi-level-marketing (MLM) pyramid plans propelling in 2023 alone – the most elevated number in five a long time. This disturbing surge, detailed by Procedure India, a direct-selling consultancy, underscores the helplessness of low-income people to deceitful trade hones. These ruthless plans, like Mission…