Pyramid Schemes

[Fred]

Any of you been approached / taken part in one?

 

Theres a huge one which is a bit sketchy as to whether its illegal or not called "Vemma" and has just hit the U.K, headed up by my gf's brother so i can't exactly say much about it, other than personally i think it's immoral.

 

"A system of selling goods in which agency rights are sold to an increasing number of distributors at successively lower levels."

 

They are illegal in the U.K btw

[korasi11]

Please explain

[Luke]

My friend tried to recruit me to one so I told him off. Had tons of friends take part in Cutco and other pyramid schemes. Just sad to see so many chumps get on board. 

[Fred]

Please explain

 

OK SO

 

there is a product

 

you have to buy in to the product, for say, £500. you then have to get people to join under you, and you are rewarded for this.

 

you get a commission for them joining, and they have to do the same.

 

it forms a pyramid of the top making the most money, google it

[Liters]

Never heard of

[Andrew]

i bought this hair product once that said it could grow me more hair but it didnt and now im sad

[A X 3]

My friend got sucked into Vemma. They act like they're selling energy drinks when they really make their money from new dumb recruits.

 

You can make a little bit of money from it, but everything you make, ur recruiter makes 2x-5x more. 

Its a shady way of making money imo.

[N0 S0UL]

My friend got sucked into Vemma. They act like they're selling energy drinks when they really make their money from new dumb recruits.

 

You can make a little bit of money from it, but everything you make, ur recruiter makes 2x-5x more. 

Its a shady way of making money imo.

[Tommy LoL]

Don't understand

[Its zeh noob]

http://www.acninc.com/

 

^ Is a legal piramid scheme but still a bunch of scammers...

Edited June 12, 2013 by Its zeh noob

[Tony]

nope

[One Flame]

so basically u pay to start

 

but then u only get income from u recruiting others who pay to start?

 

retarded

[TJ]

Selling dragon long sword 120k