Sec. 1. (a) A person may bring an action against a person who establishes, operates, promotes, or assists another to promote a pyramid promotional scheme for:
(1) the damages actually suffered as a result of the pyramid promotional scheme; or
(2) one thousand dollars ($1,000);
whichever is greater.
(b) The court may increase damages awarded under this section in an amount that does not exceed:
(1) three (3) times the actual damages of the person suffering the loss; or
(2) three thousand dollars ($3,000).
(c) The court may award reasonable attorney's fees to a party that prevails in an action under this section.
(d) Actual damages awarded to a person have priority over any civil penalty imposed under this article.
As added by P.L.105-2017, SEC.3.