State Sen. Saunders on board of company called a pyramid scheme

By CHARLIE WHITEHEAD 4:19 p.m., Thursday, October 9, 2008 Naples State Senator and Congressional candidate Burt Saunders is on the board of directors for an Internet company the California Attorney General is calling a pyramid scheme. Attorney General Jerry Brown filed suit on August 5, charging YourTravelBiz.com with operating an “endless chain scheme,” which is an unlawful pyramid in which a person pays money for the chance to receive money by recruiting new members. He also charges unfair business practices and false advertising. Saunders said the company, with which he’s consulted for months but whose board of directors he joined in April, is involved in a multi-level marketing endeavor. He said he was selected to the board because of his financial and legal experience. “Multi-level marketing is huge business in the... [read full story]