people to join under you. Later, they will ask you to buy their products before giving youthe guaranteed earnings.Under this scheme, the victim has to pay a small amount of money, let say US50. Theperson who later joins you has to pay US50, too; so that you may benefit from him for1%
. The company promises for large sum of US dollars for those who reachedthe top level of the pyramid. In fact, the people in the base layer of pyramid paid for thetop layer's person not the company itself. In this procedure, the company benefits fromthe persons who joined the scheme by not
any capitals. But be realistic, thepersons who reached the top layer not you and me, they may be the persons from thecompany. The pyramid scheme does not generate any money to us. The money youearned actually is the cheated money from other newly-joined members.If a person invites 3 persons as his down line, these three members have to invite 3persons each for their down lines, summing up to 9 persons. Similarly, these 9 personshave to invite 3 persons each making up to 27 persons. The system goes till you reachthe 21st level with members up to 160 hundred millions persons.From the explanation above, we understand that 96% members lost money but only 4%of the members gaining the
. The scheme, does not generate wealth, it allocatesmoney paid by other members. Actually, each dollar you earned is a one dollar lost of other party.
Black Money Scam
What is black money? It is money turned from a white paper. The scammer claims thatyou have to buy some unique chemical fluid in order to turn normal papers into USdollars. The scammer will then do some demonstrations to show you how to "wash" thepaper into US dollar with a black chemical to secure your confidence.The scammer will later ask you for certain amount of money so that you can get thesespecially made chemical and papers. In a case of
, a victim paid RM66, 000 toobtain US350 hundred millions. The scammer brought him a big luggage with US350hundred millions for this successful business transaction. But sadly to say, when thevictim opened up the luggage, he found another iron safe in the luggage with blankcontent. He later alerted that this was a scam.
The scammer notified you via electronic mail that you had won a lottery. He asked you togive some particulars to claim for the winning. He then mailed you a copy of lottery withyour name and address stated in front of the lottery. The lottery is so real that you mayconfuse that you had struck a lottery. After several days, the foreign banks will call youfor the retrieval of the fund. They will convince you to pay for tax, endorsement,transport and administrative fees so that the said fund can be transacted to your bankaccount.The scam proceeds as they told you that the
policy had changed and they willassign their "international ambassadors" to deliver the said
directly to you. Prior tothis, they will ask you to pay for the airline fee and his ambassadors' expenditures forthem to deliver a big iron save stuffed with bulk of US dollars to your house. After givingthem some amount of US dollars, they finally send the iron safe to you and warmed younot to open as it involved some security problems. They added that you must call the