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The question the public should be asking of the FTC:

How long does it take for the FTC to act against an illegal pyramid scheme?

The apparent answer is:

Just as long as it takes for the pyramid to run out of steam.

Here's the page first highlighted on the Cagey Consumer site in 1999:

www.skybusiness.com/4themasses/index2.html [Wayback archive]

What did SkyBiz need to do to get the FTC to notice? Say "SkyBiz is an illegal pyramid scheme based on the erroneous premise that anti-pyramid laws don't apply on the internet"?

Well, for what it's worth, the FTC finally took action against SkyBiz:

• 5/30/2001: suit filed under seal
• 6/8/2001: seal lifted
• 6/18/2001: temporary receiver appointed
• 6/26/2001: temporary injunction hearing scheduled
• 1/14/2002: judge orders SkyBiz to return funds to U.S.
• 3/24/2003: Skybiz Pyramid Settlement to Provide $20 Million for Consumers

To its credit, the Oklahoma Department of Securities filed an action against SkyBiz in 1998, but the final action approved by the court was of limited effect.

• Oklahoma action against SkyBiz 2000 and James Brown: http://www.securities.state.ok.us/current_events/skybiz_2000.htm

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