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JAMAICA HIT BY A HURRICANE OF PYRAMID & PONZIS!
The Hurricane of Scams Carried To U.S.

Editors Note: It might be a good time to go to Jamaica to recruit - just use the words real products, work and present proof that your company is not a scam!

Editor's Preface: If you read below there is constant confusion with the terms Ponzi and Pryramid.  Carlos Ponzi ran a central sales organization for his International Postal Replay coupons. He paid salaries to his employees that collected money at his office.  A Pyramid Scheme pays sales persons who generally work outside of the scam's main office. In a Pyramid, the outside salesperson may be paid through several levels of renumeration similiar to Multi-Level Marketing (which generally sells a legitimate product).  In both a Ponzi or Pyramid there is a false product or the returns are not supportable due to the natural laws of mathematics and finance.

Sophisticated Pyramid - Ponzi schemes hit residents of both Jamaica and the US.  Information given by CPI Financial reports that the scamsters are moving to Dubai "en masse." In 2007, Pyramid-Ponzi schemes exploded in Jamaica. It is there that way over 40,000 investors lost hundreds of millions of U.S. dollars in different schemes.  Why did these Jamaicans get taken in by these Pyramid - Ponsi High Yield Investments and the scams associated with them?  In short, a lack of "due dilligence" and greed!

History repeats itself! Back to the days of Carlos Ponzi and the original Ponzi Scheme.  Some of the scams revolved around transferring Jamaican dollars into other currencies............ Are you ready for a replay of the original Ponzi Scheme???  Then the scamsters would say they are buying international postal coupons in countries where the economy was struggling. Then the story was the coupons were sold in other countries where the economy and the capital converted back into American dollars.  In a replay almost a 100 years old, Carlos Hill, the scamster, even stole Ponzi's story when he told victims that he realised that some of the coupons could be bought in Spain and then sold for six-times more in the U.S. Or so it was claimed. People who never studied scam history nevertheless fell for the Ponzi scheme in big numbers. At least 40,000 investors have been left out of pocket by one scheme. Some are left desititute! (1)

Courts in Jamaica have threatened to send the owners of Pyramid-Ponzi schemes to jail if they do not come clean. However, another scheme called ‘World Futbul Idol’ promised that investors (read that suckers) would get returns of 20 percent. Suckers got a good clue when Max Higgins, the guy running the scam, claimed he had relocated to Dubai and promised reimbursement of all the money to suckers by wire transfer. Investors got a shocking clue something was wrong when a sign the door of its Jamaican office said Higgins had moved to Argentina.  Duh! Great clue you have been shafted in "A HIGH YIELD INVESTMENT PYRAMID."

FROM CPI FINANCIAL - by Mike Gallagher
"Lawsuits are being brought against the owners of some of the high yield investment ponzi pyramid schemes that have left some Jamaicans and even US investors destitute. A US law professor, David Rowe, is suing a collapsed company called Cash Plus Limited which he claims owes him millions. Carlos Hill, the owner of Cash Plus was ordered to disclose all of his assets or face jail by a local judge. Another case for a similar amount is being brought by another US-based investor. A report in the Jamaica Observer said that Cash Plus would only be able to pay a maximum of 16 cents on every dollar owed to its creditors."

"Pyramid schemes are nothing new in Jamaica and have been around for years, but they have become increasingly sophisticated and the fact that some have decided to relocate to the Middle East, rather than face up to their creditors at home begs the question, is the Middle East’s reputation for honesty and integrity being sullied by a few businessmen who seem unwilling to settle their business at home and instead prefer to do it where they believe they are beyond the reach of the law?"


STOP HYIP'S = HIGH YIELD INVESTMENT PROGRAMS!
GET THE PEOPLE IN AN HONEST MLM!

PIPS = PURE INVESTMENT PROFIT SYSTEM SCAM = HYIP
August 2005 – Long running pyramid scheme scam in the HYIP field.  Run by Bryan Marsden.  Actually, it started years ago as People In Profit System.  The name change years ago and now it's a bigger SCAM!  This guy can charm the shoes off of the Pope with his High Yield Investment Program (HYIP)!

PIPS CEASE AND DESIST ORDERS ISSUED BY STATES A PARTIAL LIST:
Several of these states have said if you solicit others you may be prosecuted:
Alaska, Iowa, Michigan, Missouri, Pennsylvania, and others.

PRIME MOVERS YOU SHOULD BE ALARMED BY:
Bryan Marsden (CEO Pureinvestor) PIPS primary leader
Mr James Hughy (Business / Tax advisor, Nevada Corp. Headquarters)
Mr David Kafkar (Executive Director, Nevada Corp. Headquarters)
Mr Lyle Burke (Owner, Tropicalpathways) (w/ special Panama guest)

PONZI ONE PERSON OPERATION INVESTMENT CENTERED
A Ponzi scam is an investment scam run by one person where funds from new investors, rather than legitimate investment activities (stock sales as an example), are used to pay out returns to earlier investors.  The original Ponzi Scheme was run by Carlos Ponzi by himself  (one person).  These are usually sold by word of mouth augmented by some sort of advertising.  Recent examples are Forex, trading by others, High Yield Investment Programs, Stock frauds, and Foreign Trading desks.

PONZI MULTI-PERSON OPERATION INVESTMENT WITH SALESMEN
"PHONE ROOM OPERATIONS"
A Ponzi/Pyramid scam is an investment scam run by a company enticing  groups of people where funds from new investors and suckers, rather than legitimate investment activities, are used to pay out returns to earlier investors/direct sales persons. Phone rooms pounding for suckers get ahold of the elderly and innocents. The salespersons are paid straight commissions!  Recent examples are High Yield Investment Programs, fraudulent MLM company stock actions, offshore foreign trading debentures, and foreign trading desks.


A GOOD MLM DOESN'T FIT ANY OF THESE DEFINITIONS
A good MLM provides good or services that a person would buy if an income opportunity were not included!  The question to ask yourself is:  would I buy this product or service if no income opportunity were involved?  If the answer is no.....   RUN!

Rod Cook
MLM WatchDog


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Assistance To Media Project Ponzi & Pyramids the difference + full story Charles (Carlos) Ponzi

Pure Pyramid just money

Pyramid with a funky service disguise