407.420. Penalty--duty to enforce--jurisdiction of attorney general. - Missouri Statutes

Penalty--duty to enforce--jurisdiction of attorney general.

407.420. Any person willfully violating any of theprovisions of section 407.405 is guilty of a class D felony. Itshall be the duty of each prosecuting attorney and circuitattorney in their respective jurisdictions to commence anycriminal actions under this section, and the attorney generalshall have concurrent original jurisdiction to commence suchcriminal actions throughout the state where such violations haveoccurred.

(L. 1974 H.B. 1132 § 5, A.L. 1975 H.B. 810 § 6, A.L. 1986 S.B. 685)

Effective 5-1-86

*No continuity with § 407.420 as repealed by L. 1963 S.B. 2 § 10-102, effective 7-1-65.

(1980) General intent of the legislature in the enactment of statutes prohibiting pyramid sales schemes is to buttress a strong public policy against pyramid sales schemes involving cover or disguise of some seemingly legitimate commercial transaction. State ex rel. Ashcroft v. Wahl (A.), 600 S.W.2d 175.