Thursday, August 04, 2005

DSA website is so negative

My comments are in italics. Rest are quotes from DSA fake domain pyramid scheme

Protecting Yourself from Pyramid Schemes

Thousands of Americans have lost millions of dollars participating in pyramid schemes. Many of the victims knew they were gambling (although they didn't know the odds were rigged against them). Many others, however, thought they were paying for help in starting a small business of their own. These people were fooled by pyramid schemes disguised to look like legitimate businesses.
And there's a negative consumer alert as well

Avoid dealing with salespeople who:
  • Disparage other products or firms. (Satanism?)
  • Confuse you, abuse your trust, or exploit your lack of experience or knowledge.
  • Try to make you cancel a contract made with another salesperson.(BSMAA?)
  • Falsely tell you they're taking a survey or you've just won a contest.(How bout joint venture of Microsoft and IBM?)
Avoid dealing with companies that:
  • Charge a substantial entry fee (more than the cost of a sales kit).
  • Pressure you to purchase large quantities of products.
  • Do not repurchase inventory if you decide to leave the business. (Tools and products on eBay?)
  • Sell few or no products to consumers.
What is a pyramid scheme?
Pyramid schemes are illegal scams in which large numbers of people at the bottom of the pyramid pay money to a few people at the top.

Things you should know about pyramid schemes

  1. They are losers. Pyramiding is based on simple mathematics: many losers pay a few winners.

  2. They are fraudulent.
    Participants in a pyramid scheme are, consciously or unconsciously, deceiving those they recruit. Few would pay to join if the diminishing odds were explained to them.
How ironic, LOL!

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