Blessings in No Time: A blessing – or a pyramid scheme?
Call it a “blessing.†Call it a “loom.†In a case just filed in federal court, the FTC and the State of Arkansas use another phrase to describe what the operators of the Blessings in No Time investment program are up to. We call it a pyramid scheme. According to the complaint, the people behind Blessings in No Time use “blessing looms†to lure consumers in with false promises of returns as high as 800%. What’s more, the operators primarily target...