Local

Local December 2, 2022 | 10:01 am

The Superintendency of Banks will present a bill in 2023 to classify Ponzi schemes as a crime

The Dominican Republic's Superintendent of Banks, Alejandro Fernández W., reported that the entity will present the first proposals of its draft law to various social sectors in early 2023, under which the use of Ponzi schemes will be criminalized in all circumstances. According to many definitions on the web, the Ponzi scheme is a "scam" pyramid project in which s... Read more
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