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Death Row Gifting Scam Prevalent In State

Death Row Gifting Scam Prevalent In State
The pyramid scheme has a new look and the Oregon Division of Financial Regulation is warning consumers to steer clear. Gifting clubs, such as Death Row, are illegal pyramid schemes that are scamming several Oregonians.
The Death Row gifting club, not associated with Death Row Records, was operating in Oregon last year. It advertised on social media and in online forums as a community wealth share group. More than 20 Oregonians lost their initial $1,400 investments.
The Death Row gifting scheme promised financial returns of at least $9,000. The division was alerted to the scheme when an Oregonian reported not receiving anything in return for their $1,400 investment. The investment was not registered with the division and no one was licensed to sell investments in Death Row. Victims invested their money using a cloud-based payment platform and communicated with others about the investment during online forums for the Death Row pr ....

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Oregon officials warn of 'Death Row'; a new kind of pyramid scheme

Officials from the Oregon Dept. of Consumer & Business Services said that gifting clubs are increasingly prevalent, and are a form of illegal pyramid scheme. ....

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Oregon issues warning about 'Death Row,' other illegal 'gifting club' pyramid schemes

MGN
SALEM, Ore. (KTVZ) The pyramid scheme has a new look, and the Oregon Division of Financial Regulation is warning consumers to steer clear. Gifting clubs, such as Death Row, are illegal pyramid schemes that are scamming several Oregonians.
The Death Row gifting club, not associated with Death Row Records, was operating in Oregon last year. It advertised on social media and in online forums as a community wealth share group. More than 20 Oregonians lost their initial $1,400 investments.
The Death Row gifting scheme promised financial returns of at least $9,000. The division was alerted to the scheme when an Oregonian reported not receiving anything in return for their $1,400 investment. The investment was not registered with the division, and no one was licensed to sell investments in Death Row. ....

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Warning To Avoid Death Row Gifting Club

The Oregon Department of Consumer and Business Services is warning to avoid investing in the Death Row Gifting Club. ....

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Oregonians get early look at 2022 health insurance rates

Oregonians get early look at 2022 health insurance rates
SALEM, Ore. (KTVZ) Oregon consumers can get a first look at requested rates for 2022 individual and small group health insurance plans, the Oregon Department of Consumer and Business Services announced Wednesday.
In the individual market, six companies submitted rate change requests, ranging from an average 0.1 percent decrease to an average 4.9 percent increase, for a weighted average of 1.8 percent. In the small group market, 10 companies submitted rate change requests ranging from an average 3.3 percent decrease to an average 5.2 percent increase, for a weighted average of 1.5 percent. See the
Health insurance companies submitted rate requests to the department’s Division of Financial Regulation on May 17. The requested rates are for plans that comply with the Affordable Care Act for small businesses and individuals who buy their own coverage rather than getting it through an employer. ....

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