Monday, May 21, 2012

NEWSFLASH: Australia Federal Court fined TVI Team Oz $200000 AUD

Australian Federal Court had previously declared TVI Team Oz, the trio promoting TVI Express in Australia and New Zealand, guilty of promoting a pyramid scheme. It had just handed down the penalty: fine of $200000 Australian dollars (90K, 80K and 30K respectively) against the three members.

The court rejected one member's claim that she should not be fined because she is merely a victim.

The court also rejected another member's claim that she was not "warned" that pyramid schemes are illegal.

Apparently the third member was smart enough to shut up and make things even worse.
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