Oh ok I’ve seen a million of those under various names. They promote that if you reach a certain level of sales money basically generates itself and the company will pay for your bills in some capacity to an extent or finance a car for you or some shyt while every weekly meeting they tell you the exact same sales pitch word for word and how you basically need to sink hundreds, if not thousands before it starts to pay off.Basically you sell shyt to someone and convince that person to find more people to sell that same shyt.. Toilet paper, Toothpaste, mad shyt
Disgusting my Aunt got wrapped up in it
One of these called LTD used to promote on my community college campus.
They meant pyramid scheme, not ponzi. Ponzi is when you promise big returns but really are just paying investors with money from newer investors. The pyramid is the whole multi-level marketing BS.. convincing people to work under you, selling them shyt to sell other people shyt, so you make more money when you have more people under you, but the people at the bottom get **fukked**
yall really ain't paying attention to this cast of characters man...AMWAY? So they made their money off the biggest ponzi scheme in history?
Yeah I’d seen pyramid schemes before. Nearly got caught up in a pair at the same time about 9-10 years back, but was too broke to invest and get ripped off
. Never knew the specifics of a Ponzi scheme though or the details of what amway was beyond a scam.
Yep Ponzis have no actual underlying business or investment. Just some a$$hole says “I can get you 20% return if you invest your life savings with me” .. he goes and buys yachts and suits and cars, shows phony statements to investors showing a “return”, when they come calling for cash he finds another stooge to buy in to pay off the other guy.. rinse repeat until you get caught. Guys like Madoff can pull it off for a while because they understand the market and can sell themselves as knowledgeable investors to people, but they’re not doing anything with the cash except enriching themselvesYeah I’d seen pyramid schemes before. Nearly got caught up in a pair at the same time about 9-10 years back, but was too broke to invest and get ripped off
Brehs I haven't checked in in a few weeks and I'm almost 50 pages behind ( on 35 posts per page settings)
So can I skip ahead to anywhere without missing out on anything important. I'm currently on page 2836 for the other brehs on the same settings.
Bruh a lot of black folk got caught up in that bullshyt smhBasically you sell shyt to someone and convince that person to find more people to sell that same shyt.. Toilet paper, Toothpaste, mad shyt
Disgusting my Aunt got wrapped up in it
Exactly
Nap confirmed.
it's laughable that he thinks we'll believe he doesn't have aliases and parachute accounts
Even more laughable is the attempt to disguise the posting style. Always has that Nap contemptuousness to it, never fails
Brehs I haven't checked in in a few weeks and I'm almost 50 pages behind ( on 35 posts per page settings)
So can I skip ahead to anywhere without missing out on anything important. I'm currently on page 2836 for the other brehs on the same settings.
