He said something about you pay 10 euros to some guy on a list and then you start at number 5 then the guy moves up higher and then pays you 10 and every keeps paying each other and you end up raking in tens of thousands each month.
Mrs. Feek was given a letter from one of my cousins about a similar scheme but involving chocolate.
The idea being that you send the person at the top of the list a bar of chocolate and forward the letter to five of your friends, etc etc.
Being a girl, and knowing how much girls love chocolate, we had a giggle about it and decided to do it.
She sent off a bar of chocolate and gave the letter and list of names (removing the top one and moving the second to the top, etc etc) to five female family members.
And waited.
And waited.
And waited.
Nothing happened.
So we waited some more.
Still nothing.
She never received anything at all.
If a scheme like this doesn't work with women and chocolate, you can guarantee that it's not going to work with money at all. Ever.
Contrary to all the above posts, this is not a pyramid scheme.
It's multi-level marketing.
Long story short, it's the same bloody thing. The subtle difference is that instead of people sending you 10 euros on the premise of getting loads of money, they send you 10 euros to buy your stupid ebook. As you're actually selling a legitimate product (even if it is ebooks on how to make money in multi-level marketing schemes selling ebooks on how to make money in multi-level marketing schemes selling ebooks on how to make money in multi-level marketing schemes...) it's perfectly legal.
The powers that be are keeping an eye on MLM schemes and will probably crack down on them at some point.
I don't think anybody is actually saying it is illegal - however it is a scam and anybody who thinks that you can simply make lots of money spending 30 minutes a day really is....
stoofa said:Call it multi-level marketing, this is just the legal name for a pyramid scheme (mainly because the Pyramid scheme is illegal).
stoofa said:I can call a pile of crap manure - it still stinks to high heaven.
Well, people are calling it a pyramid scheme, which is illegal. I'm just pointing out that it's not a pyramid scheme, so it's not illegal.
No, the two are distinct, because as I said in an MLM scheme, products actually change hands.
Now that I can definitely agree with.
MLM can be a type pyramid scheme as well (like it is in this case). The "product" in most cases is merely to get round illegal pyramid schemes (where no product is exchanged).No, the two are distinct, because as I said in an MLM scheme, products actually change hands.