BB wary of MLMs
Posted by Sun, Jan 09 2011 03:25 pm
on Bangladesh Bank has urged the people not to invest in multilevel marketing companies that offer abnormal profit in a short period of time.
In a statement issued on Sunday, the central bank warned that investors can get deceived by these companies that come up with schemes offering 10 percent or more profit on monthly basis upon investments in gold markets abroad or foreign exchanges.
The anti-money laundering act deems such investments as offences, the statement added.
Source: bdnews24.com/ Bangladesh/ Jan-09-2011
Comments