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Comesa labels multi-level marketing firm pyramid scheme

A regional trade body has warned Kenyans against buying into multi-level marketing firm Crowd1, saying it has all the hallmarks of a pyramid scheme.

The Common Market for Eastern and Southern Africa (Comesa), while warning consumers to be wary of pyramid schemes, gave the example of Crowd1, which “markets itself as a digital multi-level marketing company and whose operations are being investigated in some jurisdictions”.

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