May 23 2009, 07:34 PM
QUOTE(cherroy @ May 23 2009, 08:51 AM)
Sidenote, (not IRC direct discussion),
I don't agree on the statement "they still maintain the payment, then we can't label it is not a scam".
As long as a investment scheme is built on non-sustainable pymarid structure of using late comers' money to pay the early birds, then it is already a scam in the first place. Just how long it goes before collapsing.
or
an investment scheme is without SC approval, it is illegal in the first place.
i totally agree with cherroy . without security commission approval , everything is illegal ... altho everyone is doing it !I don't agree on the statement "they still maintain the payment, then we can't label it is not a scam".
As long as a investment scheme is built on non-sustainable pymarid structure of using late comers' money to pay the early birds, then it is already a scam in the first place. Just how long it goes before collapsing.
or
an investment scheme is without SC approval, it is illegal in the first place.
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This post has been edited by steventan85: May 23 2009, 07:35 PM
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