Another Pyramid Con

nomoneyleft

buglawton wrote: »

Ah, the abilities of the human being to self-deceive! Worrying as I guess no-one is completely immune.

there is no disrepect with this next comment intended but maybe this is why its only open to women...

nomoneyleft

nomoneyleft wrote: »

there is no disrepect with this next comment intended but maybe this is why its only open to women...

or more more likley they chat alot more and have alot more spare time to promote this SCAM.

giveandtake_2

nomoneyleft wrote: »

there is no disrepect with this next comment intended but maybe this is why its only open to women...

Men are allowed to take part....... there are 3 on my chart!!

giveandtake_2

nomoneyleft wrote: »

or more more likley they chat alot more and have alot more spare time to promote this SCAM.

You are so right, with a full time job and 3 children, Im at a loss what to do with all my spare time!

superscaper

giveandtake wrote: »

You are so right, with a full time job and 3 children, Im at a loss what to do with all my spare time!

How about prioritising your time? Use you brain and common sense first BEFORE entering such schemes (don't claim you have because by definition by entering such schemes you haven't, unless you know exactly how it operates and you want to be lucky enough to be one of the 12% that rips off the other 88%). Read forum rules BEFORE posting about such schemes (I know you haven't because discussion of such schemes is against forum rules, whatever your skewed view on the ethics and morality).

trisontana

superscaper wrote: »

How about prioritising your time? Use you brain and common sense first BEFORE entering such schemes (don't claim you have because by definition by entering such schemes you haven't, unless you know exactly how it operates and you want to be lucky enough to be one of the 12% that rips off the other 88%). Read forum rules BEFORE posting about such schemes (I know you haven't because discussion of such schemes is against forum rules, whatever your skewed view on the ethics and morality).

She could use her time to think about what she is going to tell her children when she is carted off to court for taking part in an illegal scheme. Or how about writing some letters of apology to all the people she have ripped-off and effectively stolen money from?

pinkwitch_2

No doubt this stupid scam will be reaching the playground yet again, seeing as i live in the local area.

Hopefully the people that lost thousands the first time round will put a stop to it this time !

nomoneyleft

I don't know how the charities are taking the money on moral grounds, Its not just a way to try and make these chain gifting scheme / multi level pyramid scheme / Scams pretend they are none of these but do the charites actually know where the money comes from....

I wonder if they would have gladly received the money if they knew its origin.

This forum thread is on a local paper....

http://www.southwalesargus.co.uk/search/3760775.Residents_warned_on_pyramid_con/

they have closed the thread now, don't know why....

mick_newport

giveandtake wrote: »

The charities that we give a portion on the money to are requested to provide us with a donation reference number, I received a lovely email from the world wildlife fund thanking me for the donation, I give to this charity every month (only £10 though) and they did receive more than the required amount! I admit that I didnt check up on the paperwork issued by the Courts but that is only because my Father did when he was (past tense) involved in the Charts

Yes charities will generally thank people for donations, you recieved a lovely letter from a charity who did not know they were recieving money from a pyramid scheme!! not from you but from the 8 people further down the pile.

you say that there are now 500 charts this means 250 people have received £23k.
For everybody already on these charts on levels 2,3,4 to get their money back will require £161,000,000, which in turn will require 53,666 to invest on 3,354 charts.

given these basic facts how long do you honestly think it will take to crash with 7 people in every chart losing their money?

This level would leave a min of 3500 people losing a total of £10.5 million
One more level would leave 7000 then, 14000 etc

nomoneyleft

looks like good news is spreading fast.

this thread has been removed from a local newport website.

Residents warned on pyramid con - Langstone Village

- Oct 24Residents warned on pyramid con South Wales. ... Caldicot.com · Caerleon.net · Abergavenny.net. Useful Sites. Underwood Health Centre · Royal Gwent Hospital ...
www.langstonevillage.co.uk/showthread.php?p=25282 - 43k -

clicking on the link gets you :-

No Thread specified. If you followed a valid link, please notify the administrator

Maybe the administrator knows someone on a chart ??

Same as these ??

Pyramid scheme is a con says Trading Standards | Monmouthshire ...

"The pyramid scheme may have been advertised as a chain gifting scheme, and there may be a number of them operating in the Caldicot and Chepstow area - one ...
www.welcometomonmouth.co.uk/index.php/News/...County.../Pyramid-scheme-is-a-con-says-Trading-Standards... - 36k - Cached - Similar pages - Note this

Dead link......