Sip Posted November 29, 2003 Report Share Posted November 29, 2003 I just can't understand how people get suckered into these schemes. I just saw a report on TV (dateline) about these thousands of woman accross the US that are being suckered into these pyramid schemes called "women helping women" ... The idea is that each person that comes in pays like $5000 and then they have "birthdays" for some of the older memebers who get a ton of money (like $40K). Then each member moves up around the "dinner table" etc with one day hoping of getting a "birthday" (pay-day) themselves. What's most shocking that those who they were interviewing were completely unwilling to admit that they have in fact been totally suckered into a classic pyramid scheme where almost everyone except the very few people who started it stand to lose money BIG time. We had a discussion about the "golden circle" schme that seems to be going strong in Europe and other countries (see this thread) ... but I just had no idea so many people right here in the US would be so stupid as to fall for these rediculous scams. Quote Link to comment Share on other sites More sharing options...
vava Posted November 29, 2003 Report Share Posted November 29, 2003 this is an old trick Sipahn, and it's been going on for what I understand is a VERY long time. People are always looking for quick cash - and many are so deparate for it that they will gamble on such things..... I think many 'victims' know perfectly well what they're getting into, but the lure of a big payoff is overwhelming. It's kind of sad - people will do anything for money (one of the reasons why I refuse to watch fear factor [other than it's lame] ) Quote Link to comment Share on other sites More sharing options...
Sip Posted November 29, 2003 Author Report Share Posted November 29, 2003 I understand gambling ... there are clearly some odds of winning and you place wagers knowing and playing those odds. But it just seems to me many who get involved, simply don't understand or want to understand these con schemes. There is no "chance" involved here. It's a lose/lose deal unless you started it... and it basically revolves around your ability to sucker more people into the scheme. With "gambling", new comers have the same chances as everyone else ... so it's very different. Quote Link to comment Share on other sites More sharing options...
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