QUOTE(MUM @ Aug 17 2022, 05:49 PM)
I think triumphfx is not like lambe berger.
Lambe berger has products... The founder sell all the products those "emporers"... Who would hv obtained the stocks from the founder to sell to their downlines.
Triumphfx does not sell products. The uplines has nothing to sell to the downlines but perhaps this...
it is for the uplines "to buy it" so as to gives more benifits to their down lines and their newly joined family members..... "See, I will helps you save 100USD for each withdrawal".
You trusted me, I will helps you. Go spread the words. Come join me, to save and earn more.
I beg to differ. In every selling, there is a product. Only, this may not be a physical product. It might be credit point, or special point system as a product.
I was previously, in the younger days la that is, working for a ponzi company. This is just why I know a little more of their modus operandi. They were selling a " system " as well, there isn't a physical product whatsoever. You would be puzzled at how the system can help generate money. The system is a smoke screen, where they use it to claim it as their product. Just like how forex is doing it. So back then, the investment was on the " usage of the system " . They acquire merchant and as the merchant news grow large, they tell you monies are made there. To earn more, you invest more. It started small as well. But the investment eventually over years went up to RM40k for starters. And they would get back as much as 12%.
When I ask people, are you getting a profit in your first year, it is because the founder personally tells me this " I was merely giving them back their money and if they had potential, I will take from another place to give them their money so that they continue to recruit. They were so big they even had a government agency funding them.
So if an upline gain advantage by owning more " product " which can be in credit, in discount, those ae their products. If the upline can save someone USD100 withdrawal fee, that USD 100 is giveable maybe because if the upline invested above 100k, they are given a RM20k discount, they may use that 20k discount do cut USD100 for their downline, etc.
I don't know the whole system cause I am not in it. But i am sure, ponzi won't run far.