Consumers warned over Flower/Leaf pyramid scheme Competition and Consumer Protection Commission cautions over social media scheme Thu, Mar 4, 2021, 12:24 Updated: Thu, Mar 4, 2021, 12:25
People have been warned not to engage with a suspected pyramid scheme dubbed the Flower/Leaf that is circulating on social media channels. The Competition and Consumer Protection Commission (CCPC) said it has been contacted by consumers who have been invited to take part in what they suspect is a pyramid scheme, in which they are encouraged to make an initial investment of €150 and then recruit others to invest. They reported being told that once they recruited more people they would move to the next tier of the model. This supposedly continues until the participant reaches the centre of the model and makes a return on their investment.