Reserve Bank says stay away from pyramid scheme and warns of TP$1 million fine

    ‘Oku fakatokanga ‘a e Pangikē Pule Fakafonua ‘a Tonga' ke tokanga ‘a e kakai' na’a tō taha he ngāue kākā pe sikiimi (scheme) ‘oku a’u ki he pa’anga Tonga ‘e $4500 he ta’u ‘ete fakamole ai', ‘o totongi fakamāhina ‘e te mēmipa’ tokua ka e ‘i ai hato faingamālie ki ha sipēsolo ko ha folau vakapuna. ‘Oku ‘ikai mo’oni ‘eni pea ‘i he fakatokanga kuo tuku mai’ ‘e ala mo’ua ‘a kinautolu ‘oku nau tu’uaki ‘a e ngāue pango’ ni ‘i Tonga' a'u ki he pa’anga ‘e $1 miliona' pe ngāue pōpula a'u ki he ta’u ‘e 30.

    The National Reserve Bank has warned the public against investing in a pyramid scheme it says is being run by an American company, WorldVenture. And the Bank said anybody convicted of promoting or managing such a scheme could face a TP$1 million fine and 30 years in jail. It said anybody investing in such a…


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