Economy Ministry bans pyramid marketing
The Ministry of Economy, Industry, and Investment has decided to completely ban multi-level and pyramid marketing, whether through electronic means or non-electronic methods, including social media platforms. Multi-level or pyramid marketing is a method in which consumers are recruited to attract others to purchase goods or services with the goal of earning profits by forming hierarchical networks. These practices are considered illegal according to the decision. The ministry has called on all relevant authorities to enforce these measures to prevent the spread of these activities, which raise funds from a large number of participants through unlawful means.
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