Tuesday, November 29, 2011

NEWSFLASH: TVI Express officially convicted as pyramid scheme in Australia

telegraph.com.au reports:

TVI Express a pyramid scam, Federal Court finds

The Federal Court has found Tina Aroha Brownlee (left), Lualhati "Teddi" Jutsen and David Graeme Scanlon promoted a pyramid selling scheme called TVI Epxress. This picture comes from the now-defunct TVI Team Oz website.

IF it sounds too good to be true, it probably is. That adage has been confirmed by the Federal Court in a judgment which finds a Sydney woman and two others flogging a supposed discount travel and accommodation deal were really running a pyramid-selling scam.

Justice John Nicholas also found Lualhati "Teddi" Jutsen, Tina Aroha Brownlee and David Graeme Scanlon -- as promoters of a scheme called TVI Express -- breached the sections of the Trade Practices Act relating misleading and deceptive conduct.

Read the full article here:

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