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.
|