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Show Rabbit firm a scheme? A rabbit breeding business based in Utah was ordered to stop it's operation in Colorado because it may bea pyramid scheme, according to the state's securities commissioner. Monarch International of Provo began the program in May, and at least three Colorado residents agreed to buy rabbits, said st?te Securities Commissioner, Royce Griffin. One of the three agreed to pay $7,500 for a single female rabbit along with stud service, according to an assistant state attorney general. But Vestell Wright, a partner in Monarch International, said the rabbits sell from $200 to $500 with stud service available only in Utah costing $600. He said delivery of the rabbits to Colorado buyers was delayed until the legal question is resolved. |