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News stories tagged with "women-s-gifting-circle"

12 North Country Women Fined in pyramid scheme

Attorney General Eliot Spitzer says 12 North Country women have paid fines ranging from $1,000 to $20,000 dollars for their roles in a pyramid scheme. The investigation into the so-called Women's Gifting Circle began in 2000 after many women complained about losing money in the scheme, which was sold as a way for women to support other women in need. Most of the women are from Saranac Lake and Lake Placid. Brian Mann reports.
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