Multi-Level Marketing: Incubator and Precursor of Crypto and NFTs
A New York Times article this week reported that the most significant, and likely the most persuasive, advertisements on the most famous advertising platform of the year – the American Super Bowl – will be for Crypto currencies and NFTs. There will, of course, be...Is Social Security a Ponzi Scheme? Pyramid Scheme Alert Answers: NO!
Since its founding 11 years ago, Pyramid Scheme Alert has battled an epidemic of Ponzi and Pyramid Schemes in the USA and internationally. The schemes operate as multi-level marketing, home-based businesses, gifting clubs, investment schemes, buying clubs and under...Finland Hit by Madoff-Style Ponzi Scheme
August, 2009 Finland has recently discovered that thousands of its citizens were duped in a near clone of Charles Ponzi’s original scam and a close relative of Bernard Madoff’s. The scam in Finland was originally called WinClub, but after some negative...The Penny-Stock Pyramid Scheme
(and its Similarity to Multi-Level Marketing Pyramids) Each era has its own business hoax. The schemes develop in good times and bad and adapt to the special conditions of each era. With the benefit of experience and hindsight, the hoaxes appear obviously as frauds,...FREE REPORT
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