IRE favicon

Shop

Resource ID: #3471
Subject: Fraud
Source: CNN (Atlanta)
Affiliation: 
Date: 6/15/85

$0.00

Description

CNN exposes a pyramid scam in which gullible investors pay $4,000 each for milk scum kits; the putrescence is then sold to a cosmetic firm owned by the same company; thousands of victims poured money into a scheme which insiders knew would collapse, June 10-11, 1985.

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   info@ire.org   |   Privacy Policy
apartmentpenciluserscalendar-fullcrossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram