The Commerce Commission has issued a Stop Now letter to Shelly Cullen, promoter of Lion’s Share, which the Commission believes is likely a pyramid selling scheme. Pyramid selling schemes are prohibited under the Fair Trading Act 1986. The Commission .
It also instructed Cullen to remove any content from social media, including Facebook and YouTube, which promoted such schemes. “On receiving the Stop Now letter Cullen has confirmed to the commission that she has stopped promoting Lion’s Share,” the commission said in a statement.
MARTIN DE RUYTER/FAIRFAX NZ
Fran Halford of Nelson talks about why she is speaking out about Circle. The Lion’s Share Facebook page, which listed Shelly Cullen Crypto, as a related page was still operating at 1.10pm on Tuesday. Listed in the images were the photos of individuals from New Zealand who were designated “Lion’s Share heavy hitters”.