Another day another pyramid scheme, it never ends....

zdreg said:
likely it cannot be repeated. it is an interesting story but there are always new frenzies. what new frenzies did your friend participate in?
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You mean other than the gold frenzy? He tried probably 6-7 other ideas that failed or broke even over the decade previous to hitting it with the gold.
 
"Vemma earned $200 million a year in 2013 and 2014, according to the FTC."
the ftc is like the sec it locks the door after the horse has left the barn.
what else is new?
 
Anyone stupid enough to believe they can personally shift 100,000 cans each week to make $50,000 deserves all they get I'm afraid, it's just basic maths after all.

I know a girl who's bought heavily into Momentis, anti aging face cream, can't persaud her it's a scam and she's wasted quite a lot of money, 8 months in she's sold ermmmm ZERO of her stock! Gave about 1/3rd of it away as demo's, £50 purchase price, £120 attempted selling price, £4 on ebay no doubt.
 
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