Section 24-13-4-1 - Maximum damages under private cause of action; discretionary treble damages; attorney's fees(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.Added by P.L. 105-2017,SEC. 3, eff. 7/1/2017.