Do you participate in any Ponzi schemes?

Posted on 27 January 2012 by

Question by krazykyngekorny: Do you participate in any Ponzi schemes?
Chain letters, e.g. Also, multi-level marketing.

Suppose you pay $ 20 to join. For every new member you sign up, you get $ 5 back. That means, the head of the “company” keeps $ 15 for each new signer. By signing up four, you get your investment back. More of your “friends”, and you make a profit. The person in control gets filthy rich, at the expanse of all the “investors”.

If enough people “invest, the pool runs dry, and new “investors are left holding the bag.

MLms, as they are called, offer some “item of value”, usually a MLM manual, xeroxed by the scheme operator, to make it legal. Under the law, if they offer some “item of value”, that’s OK. So they hang a price of $ 39.95 on the manual, then, make it part of the “membership package”. Thus, the law can’t touch them. The operator gets rich, and a lot of phish pay for his retiremenmt.

Best answer:

Answer by Rick B
Is this a question????

What do you think? Answer below!

Usana MLM Scam

Posted on 08 January 2012 by

USANA Health Sciences develops and manufactures high-quality nutritional supplements, healthy weight-management products, and personal-care products, which are marketed by independent Associates in 14 international markets. Since its inception in 1992, USANA has achieved many milestones, received several prestigious awards, and earned recognition from a host of industry experts. The following lists some of the highlights in USANA’s history of excellence: 1992 USANA founded on a vision of true health and true wealth 1996 Listed on the NASDAQ National Market System 1997 First voted “Distributor Choice” Best Company in NetWork Marketing Today & The MLM Insider Magazine 1998 Surpasses 0 million in annual sales 2002 US Patents awarded for Olivol® Children’s Hunger Fund partnership begins Third best-performing stock on Marketwatch.com 2003 Surpasses 0 million in annual sales Listed on Russell 2000 Index Dr. Myron Wentz receives Utah Ernst & Young Entrepreneur of the Year Award 2004 Named a Business Week Hot Growth Company for first of two consecutive years Listed on S&P Small Cap 600 Index 2005 Self-preserving Sensé™ line highlighted in Prevention, Shape, and Self The Wentz Medical Centre and Laboratory opens in Gaba, Uganda 2006 Top 20 company on Forbes’ 200 Best Small Companies List for third straight year One of Utah’s “Best Companies to Work For” in Utah Business Paid out more than 0 million in Associate commissions since company inception …

Trump Network, What is it?

Posted on 28 December 2011 by

Question by Jenkins4455: Trump Network, What is it?
I have yet to really find out just how this program works, and what Donald Trumps involvement is in this “network.”

Is this just an MLM, or is there something else to it? Does Trump really own this thing?

Best answer:

Answer by bobjames212
The Trump Network is a Multi Level marketing program that in fact is run by Donald himself. Trump purchased Ideal Health sometime last year, which is a company that sells customized vitamins as well as other innovative products. He has merged this company into the new MLM the Trump Network.

Supposedly, although it is currently in prelaunch, the official launch date is sometime in October of this year.

as well as at the forum you listed in your question above.

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