Companies That Are Solely Dependent On “NEW AFFILIATE MONEY” For Their Payout Plan Are Usually Ponzi Schemes. Things To Think About When Choosing A Home Based Business... The Definition Of A Ponzi Scheme. Beware Of Those Programs! http://en.wikipedia.org/wiki/Ponzi_scheme While No Company, Even Local Businesses Can Be 100% Guaranteed To Last... You Can Do Your Homework and Try To Make Good Decisions. You May Not Want To Deal With Companies That Only Have A P.O. Box. You May Want To Deal With A Business That Has Real Locations! You May Not Want To Deal With A Company With No Real Support! You Might Want To Be Associated With A REAL Registered Corporation Does The Company That You Are Dealing With Have A BBB Rating? Does The Company You Are Dealing With Have A Compliance Legal Team? Have You Read The Howey Law? http://supreme.justia.com/cases/federal/us/328/293/case.html Many Will Tell You that The Howey Law States That If You Earn Revenue From A Business Without Any Effort Of Your Own, That Could Be Considered An Investment. In Most Countries, You And The Company Have To Be Licensed To Sell Investments.
(HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors. Example: Zeek On August 17, 2012, the U.S. Securities and Exchange Commission (SEC) filed a complaint against defendants Paul Burks and Zeek Rewards, based in North Carolina. Paul Burks ran Zeek Rewards, an investment opportunity that promised investors returns by sharing in the profits of Zeekler, a penny auction website. Money invested in Zeek Rewards earned returns of 1.5% per day. Investors were encouraged to let their gains compound and to recruit new members into a "forced matrix" to increase their returns. The SEC contends that this forced matrix payout scheme constitutes a pyramid scheme. New investors had to pay a monthly subscription fee of between US$10/month to $99/month and provide an initial investment of up to $10,000. The higher the initial investment, the higher the returns appeared. The SEC stated that the Zeekler website brought in only about 1% of the Zeek Rewards company's purported income and that the vast majority of disbursed funds were paid from new investments. The SEC alleges that Zeek Rewards is a $600 million Ponzi scheme affecting 1 million investors, which would be one of the largest Ponzi schemes in history by number of affected investors. A court-appointed receiver estimated that the $600 million amount could be "on the low end" and that the number of investors could be as many as 2 million. Paul Burks paid $4 million to the SEC and agreed to cooperate with its investigation.
Companies Complaint?.....Yes! ➔Do Most MLM Companies Sell Investments?..... No! Less Then 1% Of The Average MLM Affiliates Every Make A Profit! Yet Most Are Compliant... How Are They Staying In Business? People Are Buying Products And Services! Issues With Traditional MLM Pay Plans: Full Time Recruiting Job! Many Potion And Lotion Companies: Maintain Up To 42 Authorship Just To Pay For Your Monthly Fees! Warehouse Inventory! Pay Plan Structured For The Top Leaders!
from GoFun Places and/or GoFun Re- wards, you are purchasing a Lifestyle, Leisure and Travel related product and/or services. You are NOT purchasing stock or any other form of "in- vestment" or equity. There is NO income guarantee made or assumed. Affiliates who present our products and services to others in a misleading manner or in anyway that leads the buyer to believe they are making an investment or purchasing equities, or making income claims will be ter- minated and all commissions and awards will be forfeited. Anyone purchasing must review and agree to the GoFun Places and Go- Fun Rewards various policies and procedures on the GoFunPlaces.com and GoFunRewards.com website and all “Legal Disclaimers.“ Our compensation plan is based on the sale of products and services to consumers . There is NO income guarantee implied, made or assumed. GoFun Rewards is owned and operated by GoFun Places, Inc. and is the marketing arm for GoFun Places, Inc. Visit www.GoFunPlaces.com and www.GoFunRewards.com for additional details.
to “Give Stuff Away”! One of the key points that our affiliates love is that you don't have to recruit or sponsor af- filiates to make a GREAT income. You do need to buy a package... then give away lifestyle dollars and condo cards. Many affiliates refer to these as “your give-aways”. Then get paid with “Daily Revenue Share”. RECRUITING is optional! Other Key Points: One can make money with a FREE Account if they are willing to recruit affiliates. Debt Free Company! If you purchase a package and recruit, you can get paid 8 ways! (Patent Pending Pay Plan) Parent company: eAdGear. 70 million in assets. Real growth! Real company! Be part of a business with a A- business rating! Real offices and warehouse! Come visit us: Hong Kong, China, And San Fransisco! A true GLOBAL company! Compliance is a TOP priority! Get paid FAST! Top Notch customer service. LIVE PHONE SUPPORT! A very helpful team or REAL people just like you! Easy Ad placement software service available! Get real customers! Go Fun Places
up to 50% of Company’s Daily Revenues Price of Premier Packages Becomes Credits Daily Growth and then Retire in 100 Days You Can Qualify for 6 Levels of Bonuses on these 12%, 5%, 1%, 1%, 1%, 1%. Take Cash AND Build Your Reward Credit Balance Caps: 60% Cash Out on Daily Earnings & $75K/wk
$12,500. Contain Club Cards & Dollars Give Away these Cards and Dollars Get Two Customers who spend $20 every 100 Days Place an Ad Every Day Optional Service-Daily Ad Manager ★Service Vendors Are Available★