PUBLISHED: Sep 18, 2014
DESCRIPTION:
Six women have been convicted of operating a "pyramid" scheme in which thousands of investors lost money.
The "Give and Take" scheme operated in south-west England and south Wales five years ago, Bristol Crown Court heard.
All six were from the Bristol area and their scheme saw more than £20m invested by about 10,000 members of the public, often vulnerable women.
It can now be reported three other women had already received suspended sentences for promoting the scheme.