I hear my friends talking about networking or pyramid scheme - TopicsExpress



          

I hear my friends talking about networking or pyramid scheme investments. Please DO NOT take that kind of investment. That is not a healthy investment, not a good one either making your relationship with your friends and family severed. Such as investment like AIM-GLOBAL, FOREVER LIVING, NATASHA, ETC.. arent healthy one. Ill not say that these companies are fraud according to Philippine law, but the way they do business isnt advisable to people who has meager income nor to people who can afford. Philippine law should instead protect its citizens, but as we all know that the PHILIPPINE LAWMAKERS are the source of THE BIGGEST FRAUD IN PHILIPPINE HISTORY. Franchise fraud (or franchise churning) is defined by the U.S. Federal Bureau of Investigation as a pyramid scheme. The FBI website states: Pyramid schemes—also referred to as franchise fraud or chain referral schemes—are marketing and investment frauds in which an individual is offered a distributorship or franchise to market a particular product. The real profit is earned, not by the sale of the product, but by the sale of new distributorships. Emphasis on selling franchises rather than the product eventually leads to a point where the supply of potential investors is exhausted and the pyramid collapses. SOURCE: WIKIPEDIA
Posted on: Thu, 17 Apr 2014 03:19:33 +0000

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