Category: Multi Level Marketing

Suspects arrested for pyramid scheme scam

Police have arrested four people believed to be the operators of GoldQuest, a pyramid scheme that sells gold coins, following a red notice from Interpol. Jakarta Police chief Insp. Gen. Adang Firman told reporters on Friday the suspects, Malaysian and Philippine citizens, were also accused of misrepresenting former president Abdurrahman Wahid, better known as Gus Dur. “We have arrested four of them, all expatriates, after Interpol contacted us,” Adang said, adding that they were being sought by police in their home countries. Those arrested were the company’s chief executive Vijayeswaran Vijaratnam, director Joseph Bismark, and two other senior executives, Donna