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Mich. Comp. Laws § 445.2583

Promotion or participation in pyramid promotional scheme; prohibition; penalties

2018, Act 186, Eff

Sec. 3. (1) A person shall not promote or participate in a pyramid promotional scheme. A limitation as to the number of individuals who may participate or the presence of additional conditions affecting eligibility for the opportunity to receive compensation under a plan or operation does not change the identity of the plan or operation as a pyramid promotional scheme. (2) A person that promotes a pyramid promotional scheme is guilty of a felony punishable by 1 or more of the following: (a) Imprisonment for not more than 7 years. (b) A fine of not more than $10,000.00 per violation. (3) A person that knowingly participates in a pyramid promotional scheme is guilty of a misdemeanor punishable by imprisonment for not more than 90 days or a fine of not more than $1,000.00, or both.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.