The Region

Four people were charged by the Los Angeles city attorney's office with operating an alleged pyramid scheme in connection with the Airplane Game. Participants were told that they could get $12,000 for an initial investment of only $1,500, City Atty. James K. Hahn said. He said most players in such schemes end up with nothing while the promoters take the bulk of the money. Charged with violation of a state law making endless chain schemes illegal were William Atwell King Jr., 38; his wife, Shirley Hanna King, 36; Sherri Bezanis, 45, all of Los Angeles; and Michael Phillip Oliverstone, 38, of Beverly Hills.

Copyright © 2019, Los Angeles Times
EDITION: California | U.S. & World
69°