Sue Jones
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Six convicted over £20m 'pyramid' scheme

Six women have been convicted of operating a "pyramid" scheme in which thousands of investors lost money.

The "Give and Take" scheme operated in south-west England and south Wales five years ago, Bristol Crown Court heard.

The scheme had collected more than £20m from about 10,000 people, often vulnerable women.

Three other women had already received suspended sentences for promoting the scheme.

Caroline Evans reports.

  • 18 Sep 2014
  • From the section Wales
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