The Australian Competition and Consumer Commission has instituted proceedings against Mr Leslie Forsyth Stott, a former director of Crimeguard International Security Systems Pty Ltd (CISS), for involvement in a pyramid selling scheme.
The ACCC alleges that Mr Stott participated and induced others to participate in a pyramid selling scheme. The ACCC also alleges that Mr Stott engaged in false, misleading and/or deceptive conduct concerning representations about the profitability of the CISS business.
The ACCC is seeking:
- declarations
- a permanent injunction
- a disqualification order, and
- costs.
The matter has been filed in the Melbourne Federal Court’s Fast Track List. The first Scheduling Conference is listed for 9.30am on 31 August 2012 in the Federal Court, Victoria.