Monday, March 30, 2009

MLM a Ponzi Scheme?

MLM a Ponzi Scheme?
Ponzi Scheme - You get sent a letter or an email message stating how much money you can earn by taken part. You then send some predetermined amount of money to a group of people that are currently involved in the scheme ahead of you. You then change the list of people removing the person at the top then moving everyone else up one spot then finally putting your name at the bottom. Your next move is to mail out as many copies as you possibly can. When new people take part in this scheme each person will send you that predetermined amount. Then you sit back and get rich in a week.

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