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Spanish Guard Dismantles Madrid Pyramid Scheme

Bluesky Social Madrid 1d1d Impact 6
The Guardia Civil in Madrid has dismantled a pyramid scheme that defrauded individuals of €2 million. The scheme operated by using funds from new clients to pay 'benefits' to existing members, creating a false impression of profitability.

Topics

fraud pyramid scheme law enforcement

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Sources · 7 independent

Bluesky Social

“La @guardiacivil desarticula en Madrid una red que defraudó 2M€ en una estafa piramidal. 🪙 ℹ️ ¿Su trampa? Usaban el dinero de nuevos clientes para pagar "beneficios" a los antiguos, simulando una re...”

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