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Pyramid Sceams

breakdown2007
breakdown2007 Posts: 50 Forumite
in Debt-free wannabe
has anyone ever tried these?
«1

Comments

  • wigginsmum
    wigginsmum Posts: 4,150 Forumite
    Nope - they're illegal in this country.
    The ability of skinny old ladies to carry huge loads is phenomenal. An ant can carry one hundred times its own weight, but there is no known limit to the lifting power of the average tiny eighty-year-old Spanish peasant grandmother.
  • LittleL_4
    LittleL_4 Posts: 714 Forumite
    Yep, one was doing it's rounds here about 4 years ago and my family and friends lost a small fortune. My sister lost £4000, just like that. She cashed in some shares and lost the lot! Don't touch them, they're a complete con and only benefit those who get in there first.

    littleL
    Debt 28/12/06 £26,467
    £20 grocery challenge per week
    Savings £400
    £2 coins - £8.00
    DMP £357 pcm (CCCs) commenced 1/10/06
    DFD :think:     proud to be dealing with my debts
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    Here's my favourite pyramid scheme work from home website which I do not endorse but find an interesting expose.

    http://www.cockeyed.com/workfromhome/workfromhome.html
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    I think the word SCAM usually puts me right off :)

    Far too many horror stories on watchdog for me. there is no "get rich quick scheme" apart from the guy at the top making his oney out of those desperate enough to sign up.
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • Kevicho
    Kevicho Posts: 3,216 Forumite
    Emmzi wrote:
    Here's my favourite pyramid scheme work from home website which I do not endorse but find an interesting expose.

    http://www.cockeyed.com/workfromhome/workfromhome.html

    I enjoyed reading that, thanks
  • GreyPilgrim
    GreyPilgrim Posts: 1,636 Forumite
    Scams, the lot of them.

    I always try to remember the axiom "the best way to double ones money is to fold it in half"
  • missk_ensington
    missk_ensington Posts: 1,590 Forumite
    How does this pyramid thing work? I vaguely remember someone trying to do one at high school with £1's after reading about it somewhere. Something to so with you give 2 people money, they give 3 people money or something?!?!?!? I remember thiking at the time that it couldn't be sustained because you'd run out of people?!?
  • Willsnarf1983
    Willsnarf1983 Posts: 1,928 Forumite
    stop looking for the quick fix and accept that its gonna be a long hard struggle

    Will
    SShhhhhhhhhhhhhhhhhhhhhhh
  • wannabedebtfreebeth
    wannabedebtfreebeth Posts: 219 Forumite
    I have been a Herbalife distributor. The weight loss does work well for some people - I had some customers for whom it was life changing. it is not a get rich quick solution - no such thing exists. If you are prepared to work hard then some people will make money at it. I did in stages but overall it cost me as much as I made! provided you know what you are getting into then that's fine if selling is what you want to do and you are good at it then good luck.
    £2 saver club £16 so far!! - it's growing!!! :j

    #3 in the £30 k in 2 years on e-bay club :T

    Olympic Challenge - target £3000
  • Bunnyinthelights
    Bunnyinthelights Posts: 15,278 Forumite
    Wannabedebtfreebeth,
    That isn't pyramid selling-that is direct selling. Pyramid selling does not invole a product and is illegal. Direct selling is legal.
    Any direct selling business involves dedication and hard work (as does any job for that matter!) but can be highly rewarding.
    Bunny

    ps
    oops-just read the link-I see what you mean now...lol.
    sorry!
    Empty pockets never held anyone back, only empty heads and empty hearts can do that -Peale
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