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

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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.

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