Inside Minister Abdelouafi Laftit stated Moroccan authorities have taken a number of steps to fight pyramid advertising. A complete of 52 instances have been investigated since 2020, and greater than 70 folks have been arrested or prosecuted.
The minister, answering the written query of the parliamentary group, reminded that pyramid advertising is taken into account a fraud. Consisting of incomes massive sums of cash by recruiting followers who then need to recruit different folks within the type of sponsorships, this method causes extra casualties than earnings for the folks on this vicious circle.
Over two years, the Moroccan authorities processed 52 recordsdata with complaints about pyramid buying and selling, 73 suspects have been arrested and delivered to justice. The variety of victims, he added, since 2020 is 438 folks.
The minister additional famous that the particular companies have taken plenty of measures to fight legal actions within the subject of commerce, equivalent to smuggling, fraud, counterfeiting and fraud by means of advertising pyramids.
“The safety companies have sought to hurry up the procedures for questioning these concerned in these instances, equivalent to search and seizure procedures, in addition to conducting subject analysis to search out out the methods and strategies utilized in this kind of crime,” the minister stated. of inside affairs.
Subsequently, the authorities have elevated vigilance and management over the data and promotion of this kind of service in social networks to assist the competent authorities within the struggle in opposition to monetary and financial crimes, in addition to to develop the capability of safety personnel. with worldwide requirements to make sure security efficiency, he stated.
It needs to be famous that Legislation No. 31.08 on the safety of client rights stipulates in its article 53 that it’s prohibited to promote in a hierarchical order or in some other comparable means associated to the provide of merchandise, items or companies to the buyer, merchandise, items or companies without cost or at a worth decrease for his or her actual worth, by means of bonds or tickets for others.
Individuals who pay for this kind of fraud danger one month to 1 yr in jail and a wonderful of 20,000 to 40,000 dirhams.