JOINT MEDIA RELEASE -FINANCIAL SECTOR REGULATORS ON “PYRAMID SCHEMES” MARKETED IN TRINIDAD AND TOBAGO

The Financial System Regulatory Authorities: the Trinidad and Tobago Securities and Exchange Commission (TTSEC), the Financial Intelligence Unit of Trinidad and Tobago (FIU) and the Central Bank of Trinidad and Tobago (CBTT) are jointly issuing this Advisory to the public to be cautious about entering into ventures commonly referred to as “pyramid schemes”.