Money pyramid scam
67Ponzie - Pyramid scheme
Usually (not always) these programs pay part of your invested money back, giving you the image that they actually give huge profits, making you recommend the program to other people who do the same thing, investing hundreds and thousands on these claimed investment strategies. Then after paying no money at all or few thousands back to its investors, the whole program vanishes with tens or hundreds of thousands of invested money and these people start the same scam over and over again.
Usually they put on a website on a server that doesn't reveal their true identity, with no IP addresses tracing back to them, they put on laptop in a rented hotel room with a fake name in the hotels register, for example John Smith... which is quite ordinary name. After some weeks or months they transfer the invested money on a secured location, erase the laptops memory and throw it somewhere on trash pile... after all, they have hundreds of dollars of invested money in their pockets after the earlier scams.
Charles Ponzie was one of the most famous people doing this, he earned millions of dollars by selling food tickets which he claimed to give huge profits. In the end he had to hire people just to calculate and archive all the money that was pouring to him in envelopes, from people that believed this story as they heard people getting big profits from his scheme and thought that it was true. Some years later he was convicted of this scam as people stopped investing on the programs and the old investors lost their true source of income... this is called a pyramid game, where invested money is poured together and shared to the people that have invested on the same money game earlier, pyramid schemes usually stop paying when they don't find enough new investors to take advantage on.
I recommend searching more information about Charles Ponzie on internet as I find him quite interesting character... and it helps you to understand the whole scam scheme better.
CommentsLoading...
Funny, this is hilarious because, back somewhere in rome juliius caesar made a horrible mistake, they created a 'currency' which is a calender and money concepts in there cities, so you add the time under the sun when u wake and all your food is valued with money pyramid, so you are doing twice the work , for the KING, since you are making all the connections yourself, Established jobs with the 'currency' give you names at birth and are to pay to job of 'tax', when older in very same 'current(like a river) calender concept, so you helps and wants were binded with numbers and a tax, you build the cities FOR THE KING.
i think this was a power here fora while, people made stories up about the egyptians and such, gregorian calender is still based on the days u are with the sun, which very much would still be the same , and you would sleep and wake the same without 'currency' (money, calender)
AWSOME
dernemac 2 years ago
now people with such attiutes neva get rich..u never want to spend money..spend money and u shall get ya chance to get rich..every one has a time to get rich and invest..
the pyramid scheme works perfectly..as long as everyone has a positive attitude towards it..
i deposited 5 dollars(when converted) convinvced 3 people i had neva known and checking my account after 2 weeks i had 450 dollars..and i arge people to in..YES there is a risk..but what business has no risks?..
u want to keep ya money! keep it while those willing to spend and risk shall get their benefit..yes atimes there are losses....but just loosing 5 dollars is worth the risk...