Originally Posted by danmacca
Hi Microsoft. I would like to know how come your convinced its a scam. I have googled it many times and there is no evidence of anyone not making money but plenty of evidence that people have. Look im not trying to convince anyone either way however what i can say is that in November i started with 4k. i topped it up a month later with another 4k and as of today my earnings are sitting at over $23k which is constantly reinvested by buying more banners. I am in a managed fund so i pay a group 20% to manage my account because it is complex and these guys know what they are doing. They dont see a thing until i withdraw something which i haven't yet but i really couldn't see them managing it for nothing if they thought it was a scam. The managers like to see the account go through 3 rotations before people withdraw so its not a smash and grab scenario and something im prepared to do. Ill let you know later in the year how i go withdrawing because as you can see it will be quite a considerable sum if they are legit. If not then i guess its another learning curve however i have to say i am impressed so far.
Seriously? Look - you've convinced yourself this is gonna make you rich. My view is that if it walks like a duck, quacks like a duck it's a duck. The above has every hallmark of a ponzi scheme.
- Bull**** business
. Banners? LOL. I had a real laugh at the video. Anyone who knows anything about e-business and advertising will know this is bull****. Google, Microsoft and Yahoo dominate this market - you really really really think these guys know better? Where does the money come from?
- Huge returns on investment
. I mean, if the business was this good why go to two-bit investors like you? Why not borrow it and pocket these amazing returns.
- Too complicated
for the investor to understand which is why they manage the money - "managed fund" LOL
your money for as long as possible (to keep the scheme going). Your "investment" has already been used to payoff somebody leaving.
Why do you think people invest initially in Ponzi schemes? The top of the pyramid "might" make some money if they get out early (hence why they are attempting to keep a hold on it). Ask for your money now and you might get lucky. Later on when your "managed fund" matures there won't be money in the kitty. Otherwise you are going to learn a very valuable life lesson - If it looks too good to be true it is.....
P.s. Why is this in entrepreneurial & business management. Stick it in investments for a laugh or internet scams.