View Single Post
Old 02-09-2014, 11:28 AM  
iSpyCams
Amateur Gynecologist
 
Industry Role:
Join Date: May 2009
Location: Medellin
Posts: 4,436
Ponzi scheme - fake investment scheme where you pay out the first investor with the second investor's money to make it look real.

Pyramid scheme - same thing but with no fake investment and you don't pay anybody you make them get their own.

Multi level marketing (MLM) - same thing bu you ship physical goods

Bullshit affiliate programs work the same way. Offer a a huge PPS, get a bunch of affiliates on board, pay the first few to get the rest excited, then quietly disappear with everybody's money, change their nats passwords and bank while everyone tries to figure out who you are. Then announce a change of ownership or change of heart, rinse, repeat.

All these systems make money for whoever is pulling the strings and that's it.
__________________
- As soon as I think up a good sig it's going here.

Last edited by iSpyCams; 02-09-2014 at 11:29 AM..
iSpyCams is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote