QUOTE(cliveseow @ Apr 19 2022, 11:22 AM)
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I can talk based on my past experiences. Ponzi scheme or money game is an ancient cheating program. Just like a pyramid scheme where new joiner will contribute the money to “so called” investor/upline and he/she will become the “victim”. Provided the scheme doesn’t collapse during his investment cycle, otherwise the capital investment will burned. The pundit only giving you 7% return in 5 weeks and based on my calculation, it will take 17.5 months to get back 105%. As I said, provided the fund doesn’t collapsed, you will get your so called ROI only after 17.5 months. But people are greedy, when they saw the return in first 2 months, he will starts inviting their friend, relatives, even tho use retiree to “invest” to such scheme and he himself also started to pump in more money to earn the return.
Why those scheme asked you to sponsor more people and get referral fees and overriding commission because if no fresh fund came in, the scheme will collapse easily. Look at MBI, Genvena, sureWin scheme and many more.
I used to invested such scheme back in 18 years ago and you can google the “12dailypro” program. I’m luckily that I got back my capital before the scheme crashed. So, my advise to those “investor”, do you due diligence check. If a company can guarantee consistent high yield return, 99% is scam.
There is no free lunch in this world. Imagine a layman don’t know how to trade forex can earned money without knowledge or experience in trading, there will be no poor people in this world anymore. Imagine if the co called license broker who can guaranteed 7% return every five weeks, most of the bank will be bankrupt as nobody willing to put money in bank to earn the 1.5% interest per 12 months. If the company so called excel in trading, why don’t they approach rich man but you. LOL I’m not the rich man and that’s why someone approaching me to invest triumphFX.
My advise to those who believe this high yield return investment, play with you affordable to lose money, don’t be ALL IN.
Thanks
Why those scheme asked you to sponsor more people and get referral fees and overriding commission because if no fresh fund came in, the scheme will collapse easily. Look at MBI, Genvena, sureWin scheme and many more.
I used to invested such scheme back in 18 years ago and you can google the “12dailypro” program. I’m luckily that I got back my capital before the scheme crashed. So, my advise to those “investor”, do you due diligence check. If a company can guarantee consistent high yield return, 99% is scam.
There is no free lunch in this world. Imagine a layman don’t know how to trade forex can earned money without knowledge or experience in trading, there will be no poor people in this world anymore. Imagine if the co called license broker who can guaranteed 7% return every five weeks, most of the bank will be bankrupt as nobody willing to put money in bank to earn the 1.5% interest per 12 months. If the company so called excel in trading, why don’t they approach rich man but you. LOL I’m not the rich man and that’s why someone approaching me to invest triumphFX.
My advise to those who believe this high yield return investment, play with you affordable to lose money, don’t be ALL IN.
Thanks
QUOTE(wgpictures @ Apr 20 2022, 03:21 PM)
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Yea, we surely won't know it. Many scams operate on a ponzi backbone. I actually don't understand why the simple system evades the logic of regularly intelligent people to decipher that its not real.
Perhaps I overexpect from people. One of the biggest reason I see it the moment i hear it was because a family friend of mine made 20 million in 2 years using Ponzi. Hundreds and thousands of ppl fell for it. We were from the inside and the mastermind himself told us, the ppl were stupid, it was so easy to see thru but they can't...all because right inside their head, they wanted easy money and a chance to get rich. A psychological flaw called confirmation bias.
Many good sales ppl understand confirmation bias. Only a few recognizes it when it falls on them.
Perhaps I overexpect from people. One of the biggest reason I see it the moment i hear it was because a family friend of mine made 20 million in 2 years using Ponzi. Hundreds and thousands of ppl fell for it. We were from the inside and the mastermind himself told us, the ppl were stupid, it was so easy to see thru but they can't...all because right inside their head, they wanted easy money and a chance to get rich. A psychological flaw called confirmation bias.
Many good sales ppl understand confirmation bias. Only a few recognizes it when it falls on them.
May 23 2022, 01:02 PM

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