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ADB Opens New Location for its Office in Samoa to Boost Development Coordination

ADB Opens New Location for its Office in Samoa to Boost Development Coordination
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Pacific news in brief for March 16

Price control move in Vanuatu; fraud warning in Samoa; ex-Fiji minister latest to quit; and more

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In brief: News from around the Pacific

Several key PNG hospitals full with Covid patients; Covid-19 case in American Samoa is discussed in Samoa's Parliament; Schools reopen in Tahiti, and more.

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Samoa Central Bank probes alleged pyramid scheme

Samoa's Central Bank has issued a warning to local pyramid scheme operators that they face criminal charges if caught by a Financial Intelligence Division investigation.
The warning comes after the bank received a report of people involved in gifting and re-gifting money in a suspected pyramid scheme
Photo: RNZ
Samoa's Central Bank has issued a warning to local pyramid scheme operators that they face criminal charges if caught by a Financial Intelligence Division investigation.
The warning comes after the bank received a report of people involved in gifting and re-gifting money in a suspected pyramid scheme.
A number of sources said people had also been asked to invest $US25 and in 10 days they would receive $75 with the more people registered the more money received.

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