HOW TO PROTECT YOURSELF FROM “MLM FRAUD”

Old schemes have many variations, and new schemes are being concocted all the time. So how can you defend yourself? You need not try to learn all the ways in which criminals defraud people. A few basic precautions will go a long way in protecting you from becoming a victim. At the heart of many frauds is the promise of unrealistically high returns from investments. A common get-rich-quick scam is the pyramid scheme.

Pyramid schemes always collapse because it is impossible to keep on recruiting new members. Consider the math. If five people launch a pyramid and each one recruits five more, the number of new recruits becomes 25. If they, in turn, each recruit 5, that would mean 125 more. When recruitment reaches the ninth level, there will be close to two million people who would have to recruit more than nine million others! Promoters of pyramid schemes well know that there is a saturation point. When they suspect that point is near, they take the money and run. You will probably lose your money, and those whom you have recruited will now be trying to recover their lost money from you. Remember, for you to make money in a pyramid scheme, someone else has to lose money. Is someone offering you easy money or huge profits in return for an investment? A cautionary warning is this: If an offer appears too good to be true, it usually is. Don't be quick to believe advertising claims and testimonials, thinking, "This is different." Keep in mind that people are not in business to give away money or to share secrets to make you rich. If someone claims to have special knowledge that will make you a fortune, ask yourself: ‘Why doesn't he use it to make himself wealthy? Why is he wasting time trying to sell it to me?' The Internet Is Filled With Garbage And We're Sick Of It!" If you're sick and tired of chasing the "next best" deal, and you're ready to create real results, real wealth, and real freedom then, click on the link below to find out how.