18 Dec 2020

Scam alert for Christmas pyramid schemes

From Afternoons, 1:40 pm on 18 December 2020

Māori and Pasifika families are being warned to look out for pyramid schemes that are largely targeted at them this Christmas.

Ngā Tāngata Microfinance says the main scam to watch out for is 'Gifting/Koha Circles', many of which use cryptocurrency, and are illegal.

Natalie Vincent is the General Manager of Ngā Tāngata Microfinance explains what's going on to Jesse.

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Photo: AFP