Republic Overseas Bank Ltd. Pyramid Scheme

Number 1200
Subject Fraud
Source Union-Bulletin (Walla Walla, Wash.)
Year 1985
Publication Date April 4-Sept. 22, 1985
Summary Walla Walla (Wash.) Union-Bulletin exposes an overseas investment scam involving $73 million and 4,600 hoodwinked investors; the touted investments were nothing more than a pyramid scheme.
Keywords WA; pyramid schemes; overseas; investment; scam
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