Regional News

Pyramid Scam Zapped

A Portland man was running a pyramid scheme called "INC" for "I Need Cash". Lisa Morawski with State Consumer Services explains how it worked: “It was getting investors to pay $250 and if the investor was able to recruit other investors, they were promised a payoff.” Kristopher Keeney paid some people early but stopped as the scheme fizzled out. Now he will pay a $345,000 fine.

 

 

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