The Ponzi Scheme Diaries

in 1999, a british superior court docket handed an injunction in opposition to stepsys, buying him to not participate or advertise fraud schemes. this seems to have had small effect on mr stepsys, that's all over youtube endorsing MAPS:

You’re discussing a thing that is electronically “compensated out” and saved in a very again Office environment (not a banking account), something that can not be made use of straight to acquire items or solutions in a traditional sector, it can only be used to invest in “Credit rating Packs”?

He does plan on starting to be a millionaire by the end of the year and dares anybody to inform him he can’t:

And how *would* they know if they’ve been scammed of not? What when they’ve been cheated However they won’t confess to themselves? Does one ask a drug addict what’s his viewpoint of his dealer? (answer: will depend on if the addict needs successful or not)

sorry your pursuing doesn't hold up .. I'm incredibly aware of Joomla script plus the plugins.. not to mention They are going to be accredited to certain folks

I Actually tend not to see myself as thieving from Other folks, I see it being an 1] investment in which I read more am 2] producing money within the financial gain gained with the operator/MAPS and that is three] shared out for the members that have bought advertising and marketing credit packs—silkywizard

The reality on the make a difference is that every one Ponzi schemes launch having a reserve fund, or else they wouldn’t be capable to originally shell out out the >100% ROIs all Ponzi schemes offer.

MONOPOLY Dollars??? – I do think you're missing the point for the reason that when I receive my share of the profits it goes into my available cash and this revenue can be employed to purchase much more adverting or could be withdrawn into my Solid Trust Fork out or VX Gateway account. This implies it is actually true revenue since you can withdraw it or expend it on more promoting.

ponzis rely on recruitment, and slow down in visitors is often a direct reflection of lessened recruitment. there was big ‘drop’ in oct 2014, and the business hasn't recovered due to the fact.

MAP normally takes new affiliate resources and utilizes it to repay existing buyers. Scenario shut, it’s a Ponzi scheme.

. but Mike Deese I think has opened a great site, and has integrity, has finished interviews that has a several folks.. Potentially it is best to request 1 to see exactly where He's at together with his program

Revenue is Commonly a little something we are able to use straight to purchase goods or providers in a normal marketplace (get groceries, pay expenditures, and so on.). If stored electronically, It will probably be saved in the bank account.

as it's, with all stalling ponzis, the administration is therefore all set now, to inject a little something ‘interesting and new’ to asspaddle all their customers into bringing new recruits, into a dying MAPS.

as far back as 2001, when stepsys was however immersed in ponzi frauds, This is certainly what a parliament member mentioned on record:

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