Montana State Auditor and Securities Commissioner Matt Rosendale is warning Facebook users of a new pyramid scheme called ‘Friendsgiving’, that is illegal in Montana.
A Miles City man was been convicted on six counts of theft by embezzlement and other charges after scamming 18 people, including a 100 year-old woman, out of $1.9 million.
Two Montana investors were bilked out of over $100,000 by a salesman for a financial firm out of New York, and as a result, he has been barred from doing business in Montana.