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By Karen Dorn Steele and Bill Morlin

July 2, 2000

Get-rich pitch 'bogus'; Seven states have determined Global Prosperity is an illegal pyramid scheme

Intro:
 

A controversial company is bringing its anti-tax, hide-your-assets message to Spokane after being ordered to halt its deceptive pitch in seven states.

Regulators from Oregon to Massachusetts call Global Prosperity a purveyor of an illegal pyramid scheme and have acted to stop it.

 
Excerpt: The group's seminars in Cancun and the Caribbean are ''a bazaar for every con man from here to Timbuktu,'' said David Marchant, a Miami-based investigative reporter who tracks investment scams in his Internet newsletter, Offshore Alert.
 
 
 

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