Quote:
Originally Posted by legendchew
I just realized that this even been discuss in ASTRO before but they didn't said the name of the company. Their way of cheating is simple.
You bank in 20K for investment to them. They said will return benefit and bonus at least 3 times which mean 60k in return in the future. When the future deadline? No ideal.
Then they will paid you back a little bit. Example:
1st mth return 3k
2nd mth return 2k
e3rd mth return 1k
4th mth return 1k
5th mth return 1k
6th mth return 1k
7th mth return 1k
8th mth return 1k
9th mth return 1k
10th mth return 1k
11th mth return 1k
12th mth return 1k
So total in a year will be 15k. If you don't invite any member for the whole year, one day the return will suddenly stop. When you ask why you didn't get your money they will said their investment earning was low and request you to bank-in money more in order to get the higher return. When you do that again, you get back the flow of return again.
What you didn't realize is you already bank in 20k but only get 15k in return. YOU STILL LOST 5K!!
They will persuade you again to investment more and ask your friend to join.
The scheme will continue if you bank in again another 20k OR you need to invite people to join.
Then you will ask but they still paying me after that. You must remember this is their way to cheat. How? They will still pay you as long there are still people who willing fall into their trap. What they need to do is just get other people to paid you to believe!!
So please don't be stupid. There is no free lunch in this world.
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tats is definitely a ponzi scheme... need new member money are used to pay the old members...... this thing will usually last for about a year or two if you are lucky enough..... after that they either ran away with all the money or theres no more money to pay out ...like swishcash and hyip stuff... all ponzi...
even big banks like citibank also can't offers 300% returns of investment in short period..
yep totally agree that there just ain't no free lunch.....