Tell Your Friends To Watch Out For "Blessing Loom" Pyramid Scam. It'll Steal Your Money

There Ain't No "Blessings" In This Social Media Scam! A pyramid scheme called "The Blessing Loom" has been circulati...

There Ain't No "Blessings" In This Social Media Scam!

A pyramid scheme called "The Blessing Loom" has been circulating throughout the state. And the Alaska Department of Law wants you to know that it's a scam, that it'll end up stealing your money – and that you should NOT respond to it. 

 The Blessing Loom comes in on social media. It asks you to provide a "blessing" of from $100 to $1,500, and to find two new members, promising you'll get 8 times back on your investment. This is what is commonly known as an "Illegal Pyramid Scheme". It's illegal, because it's theft. Do not respond to the scam.

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