Pyramid (Ponzi) schemes

[Kevin Harrington]

I am moving posts about pyramid schemes, also known as Ponzi schemes, to this topic.

[Kevin Harrington]

By Maria Duval

I responded to 2 of them, one of them had a 1,000 dollar back guarantee if it did not make you at least 50 grand a month. I only paid 30 dollars for it, but the catch was you had to spend lots of money advertising it in order to qualify for the quarantee. In his letter, it said nothing like that.

So, everyone who is reading this, WATCH OUT FOR ALL JUNK MAIL YOU RECEIVE, DO NOT RISK RESPONDING TO ANY OF IT, UNLESS IT IS THE 5 ADDRESS THING (and even that through regular mail is costly, so I recommend doing it on the internet through paypal) It is legal and not a pyramid scheme. And it works.
No, that 5 address thing IS a pyramid scheme and it WILL lead to nothing but riches for the first 5 names who started it and possibly the first few that get on it. After that, the market is saturated and unless old people rejoin, it will end in failure. Want to see how it works:
for each 1 person sends out 5 letters - Total 6 in scheme
each of those 5 send out 5 more - 25 new, 21 in scheme
25 -> 125, 146
125 -> 625, 771
625 -> 3125, 3896
3125 -> 15625, 19521
So, for a complete return, for each new person, there will also have to be 19,520 others to join the scheme. If the scheme has alreay run 5 levels, there'll be 381,049,920 (nearly 400 million) people who have joined the scheme. In not many more levels you'll soon have a number greater than the population of the whole world. So unless people rejoin the scheme, you'll end up out of pocket. The only people to get rich from such schemes are the people who initially set it up: All the money in the scheme comes from those in the scheme EXCEPT the initial 5 names on the scheme - you'll probably find they're all related, or even the same person; they'll have put nothing into the scheme, just taken out the 19521 x cost of entry to scheme. They are the ONLY ones to get REALLY rich.

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Money for everyone
Guest


Re: Maria Duval
« Reply #54 on: Feb 8th, 2005, 7:39pm »

True, but the reason why it always works, is because everyone who does this program, indeed does this over and over again, because it makes easy money. I personally have not made anything yet, but I have not yet advertised it effectivly. I have talked to many people who have and they all have made between 250.00 and 4,000.00 and that's pretty good money for doing bascially nothing! Also the world's population is growing everyday, and everyday there are thousands of new people who get on the internet and into new internet ideas. I have reviewed the lists I've seen, and the people on the lists are actually on MANY of them, so what you are saying is true, but infact there must be newer lists going around (I just saw this new "birthday money" program and the same name is always on the lists I've seen) I and everyone here should definitly get in on this, I will copy and paste it here for everyone to get in on. Trust the people who send this out, it works!


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IT DOES WORK READ THIS FREE
Guest

Re: Maria Duval
« Reply #58 on: Today at 5:28pm »

IT DOES WORK, important, GOTO THIS LINK ASAP AND READ THE WHOLE PAGE, IT WILL TAKE ABOUT 15 MINUTES TO READ, AND IT WILL PROVE TO BE SOME OF THE MOST VALUABLE INFO YOU WILL EVER READ.
Link deleted by moderator.
GOTO That link for the EASY MONEY FREE INFO. It was too long to post here. Trust me, It does work, and it's not a bad way to gamble. How could you think spending 3.00 or 5.00 (the average price) a few times, could possibly add up to more than 1,000.00, 5,000.00 10,000.00 and more! IT only adds upto about 10 or 15 dollars, so it is an EXCELLENT way to gamble. I have never heard of any gambling game that pays more money than this, so easily. Most people do make a lot of money with this (into the 1000's) because I have emailed everyone who participated on all of the ads I have seen, and like I said the smart people do participate over and over again because they know they have to in order for the program to keep going around. So, technically we are all helping each other out, and we only send the 3.00 once at a time, and receive much more than that! (If everyone participated then we would get 3.00 from each person in the world! so, we would all be billionaires for only 3.00! That is probably why this is considered illegal, but it's actually not. If you have any doubts, refer to the us postal laws section described in the free money ad. Ask the ftc, paypal, etc...this program is legal because it either involves giving a birthday gift or mailing list (add the note put me on your mailing list when you send the 3.00 payment, or here is your birthday gift if sending a gift)
ALSO KEEP IN MIND I HAVE SEEN THIS PROGRAM AT LEAST 20 TIMES IN MY LIFE, AND I AM STILL PARTICIPATING. PEOPLE ALL OVER THE WORLD ARE STILL PARTICIPATING, AND CONSIDER THIS, 50,000 NEW PEOPLE ARE ON THE INTERNET EVERY MONTH, SO THAT IS NEW PEOPLE THAT HAVE NEVER SEEN IT. ALSO CONTACT THE PEOPLE WHO SENT THE LOUSY 3.00 AND ASK THEM IF IT WAS WORTH GETTING IT BACK 100 OR 1,000 FOLD!
ANYONE SMART, SHOULD PARTICIPATE, OR ELSE YOU ARE LOSING MONEY. THE PROOF IS IN THE PUDDING.

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Another point
Guest

Re: Maria Duval
« Reply #59 on: Today at 5:38pm »

One more thing, this program has a HIGHER RESPONSE RATE than most internet programs, and the reason why it does, is because it costs practically NOTHING to try, and it has a proven track record. Sure, people are brainwashed against it, and that is because if everyone knew how it worked, none of us would have to work or be slaves again, and it would put a lot of big companies out of business (The same companies who brainwash us not to do programs like this) think about it, if EVERYONE who gets this letter, participated, then we would all be rich at the cost of only 3.00 per person! It's too bad most people can't understand that.

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sceptic is right. The only people who make big money are those in at the beginning. I know of some who did make a fair amount, but they don't admit that it was at the expense of all the 'investors' lower down the chain.

Guest Money for everyone, is admitting that there are masses of people out there who are on many lists, therefore have invested more heavily than they are ever going to get back; that seems to be a poor way to gamble.

My advice is to stay well away from pyramid schemes, they are illegal in many countries anyway.

(It may also be that all the posts praising this pyramid scheme, are in fact from the same person!)

[IT DOES WORK]

That's funny that you delited my posts and did not bother to post them here (you know the ones that had the proof that it does work everytime) I will post it again,

[wHATEVER]

And why would you delete the link to the info? Are you trying to make people lose money?!??!? WHY ARE YOU MAKING THIS WEBSITE, I THOUGHT IT WAS BECAUSE OF YOUR FRIEND WHO GOT SCAMMED, BUT IF THAT IS TRUE THEN WHY DO YOU CAUSE PEOPLE TO LOST MONEY BY DELETING THE LINK? YOU ARE CAUSING A MUCH GREATER LOSS THAN MARIA DUVAL...

YOU MAKE NO SENSE, AND I AM SURE NOBODY WILL THANK YOU FOR MAKING THEM LOSE MONEY.

[Kevin Harrington]

My apologies if I accidentally deleted a post, but it is quite time consuming to move posts from one topic to another. There is no automatic way to do it. That is why I ask everyone who wishes to start a new topic, to look at the existing topics. I can't merge two similar ones as in a database.

I deleted the link as it can be seen as SPAM, but if you send it again as plain text, it will be ok.

I am not convinced that all the contributors to this topic are separate individuals. Only members can start a topic.

[somebody]

Money doesn't pop into existence out of nowhere. When some get more, others must get less, necessarily.

[Easy Online Paypal Cash Flood]

WELL WRONG BECAUSE YOU ONLY SEND THE MONEY ONCE PER TIME, AND YOU RECEIVE THE MONEY 100'S OR 1000'S OF TIMES (EVERYBODY WHO PARTICIPATES DOES, NOT JUST A FEW, AND INFACT IT WORKS BETTER NOW THAT IT'S BEEN AROUND FOR ABOUT A DECADE. TRUST THE PEOPLE WHO SPEND 50 DOLLARS TO ADVERTISE THIS ON EBAY BECAUSE IT WORKS.
GO HERE AND START NOW, DONT WASTE ANYMORE TIME.

page.auctions.shopping.yahoo.com/auction/89160283?aucview=0x70

put http:// in front of the line above if you want to go there.

tHANKS FOR LETTING ME POST THE LINK AGAIN, BUT WHAT DID YOU MEAN BY PUTTING IT IN TEXT FORM? I PUT IT IN TEXT FORM. I DONT KNOW WHAT YOU MEAN BY SPAM TO POST A LINK?

[Kevin Harrington]

I have modified the link above to prevent bots from following it.

You must be aware that as soon as a pyramid reaches the point where no more people can be signed up, it will collapse, but the people at the top still walk away with most of the money. (Some of them are in jail in the UK). Pyramid schemes are still illegal in most countries.

Each successive layer requires more and more people.

[Kevin Harrington]

I found the following links to information about pyramid and multilevel marketing, please read bebore following up the job opportunities etc.

www.stopspam.org/faqs/mlm_vs_pyr.html

www.falseprofits.com/Bookletintro.html

www.falseprofits.com/FSChaptPg.html

www.amcho.com/mlm-info.htm

Another moved post from a guest:-

"Kevin, why did you shut down the posting in the ponzi sheme topic? Now I have to post here again. Anyway I just wanted to let you know that it is not for only the 1st people to sign up. And once everyone sees it, you say it's lost it's value, well by that the time everyone sees it, you are gonna be very rich from all the people who sent you payments. I know what you're thinking...."well everyone has seen them" I know that most people with internet access have seen them, but you keep forgetting that there are MANY of these going around (most with different names), and with that fact in mind, you know everyone has not seen each one. The point is for everyone to do EACH ONE THEY COME ACROSS (preferably one time each month) which only costs you 5.00 a month, but you should make MUCH more than that. Think about it, if everyone only did this program once, it would have been out a long time ago, the people who do it, know they have to contiune doing it each time they come across one for it to keep working, and believe me many people do keep doing this for 3 reasons. #1- they did it once and know it works, #2- they obviously have the money since they made 1,000's or 100's from it the 1st time #3- They know they have to in order to keep it going around, since like you said after a few levels it would have reached a population almost as great as the entire world.
PS- You say it is illegal in the UK? I did not know that, but I think you're wrong, because I think you are refering to a pyramid scheme? Like I said, this is not a pyramid scheme, ask paypal or the ftc if it is legal, and they will tell you yes. It is legal under US postal lotterry laws. I am not sure if the UK has the same laws, but I know pyramid schemes are illegal everywhere. This is a legal service involving you putting others on your mailing list. It is not a bad way to gamble as you put it...you are not gambling anything. Try it out kevin after verifying the legality of it if you wish and let me know how you do. I guarantee you'll make money with it, as long as you advertise the original message to at least 300 people (please do not spam, as it won't work and is illegal) Anyways, how is posting a link spam but writing it out isn't? Is that some loophole or something?"

Also, Internet spiders look for email addresses, and clickable links to follow. That is why I made it non-clickable.