76-6a-4 - Operation as felony -- Participation as misdemeanor -- Investigation -- Prosecution.
76-6a-4. Operation as felony -- Participation as misdemeanor -- Investigation --Prosecution.
(1) Any person who knowingly organizes, establishes, promotes, or administers apyramid scheme is guilty of a third degree felony.
(2) Any person who participates in a pyramid scheme only by receiving compensation forthe introduction of other persons into the pyramid scheme rather than from the sale of goods,services, or other property is guilty of a class B misdemeanor.
(3) The appropriate county attorney or district attorney has primary responsibility forinvestigating and prosecuting criminal violations of this chapter.
(1) Any person who knowingly organizes, establishes, promotes, or administers apyramid scheme is guilty of a third degree felony.
(2) Any person who participates in a pyramid scheme only by receiving compensation forthe introduction of other persons into the pyramid scheme rather than from the sale of goods,services, or other property is guilty of a class B misdemeanor.
(3) The appropriate county attorney or district attorney has primary responsibility forinvestigating and prosecuting criminal violations of this chapter.
Amended by Chapter 247, 2006 General Session