How to spot a pyramid scheme – Stacie Bosley
Learn the techniques and tricks that pyramid schemes use to recruit new members and how to avoid being fooled yourself.
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In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There were only two steps to get started: purchase a $500 kit and recruit two more members. By 2013, the company was making $200 million. There was just one problem — the vast majority of members earned less than they paid in. Stacie Bosley explains what a pyramid scheme is and how to spot one.
Lesson by Stacie Bosley, directed by Wooden Plane Productions.
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My friend who is an ex-serviceman asked me to join to a pyramid scheme that sells cell phone service. My response was "Last time I fell for a scam like that, I ended up in Iraq for a year."
They didn't like that.
Wait so to fight a pymarid scheme you encourage a pymarid scheme?
Welcome to Herbalife…
So…banks are ponsy schemes?
I watched enough episodes of Brooklyn nine nine to see how it work
Beast boy teach me this, teen titans go need to be remove from cartoon network
They not ready to talk about this in schools and colleges
I love this cartoon edit the characters keep making me laugh 🤣
Is the ACN is a "pyramid scheme" company?
Red flag: Vector Marketing
Y’all job is a pyramid scheme, who do you think makes it possible for the CEO to receive the money that he does?? That’s right the employees doing the heavy lifting under him.
But you can't be driving around in a BMW. You need to be driving a hybrid/ev car to make the money back.
If you drive for 8 hrs, with 50mpg, you will earn around $130. Minus gas ($3).
If you drive a Bmw, Honda accord v6, or any vehicle that doesn't get AT LEAST 31mpg+, you will be losing money.
I almost fell for one, and then I discovered UberEats lol
But seriously. I actually make 6 figures a year working for Uber, and as a delivery driver for my restaurant. I have 0 financial troubles, and I'm never without any money
Little did I know that teded is a pyramid scheme
Red flag: non-business people wearing business suits.
I had no clue what primerica was and was desperate for money when a man approached me in a store offering a type of work in sales. I met him at his office the next day. In hind sight, I’m guessing our whole conversation was a lie to get me to pay the $90 fee to get started. It sickens me to think I got that far before I realized what a scam it all was, and how this individual was preying on people a local grocery store hoping that someone desperate enough what take the bait. These schemes need to be stopped!!!
Arbonne
Advocare
Mary Kay (3 times)
Young Living
Pampered Chef
Herbalife
Melaleuka (actually joined for a month)
Itworks
Amway
World Ventures
Javita Coffee
PHP Agency (local to Dallas)
Does Columbia House count?
I'm 33 and these are all the pyramid schemes or mlms I've either been tricked into hearing their pitch, or heard them out to see what their new "job opportunity" was for me And I've ignored messages from people for a few years now, so the list would be longer if I responded. But maybe I should for fun?
Show the scheme to Jim from office. He is best person to crack this kinda schemes
Anyone lookin’ at the comments like okay let’s see if any of the pyramid schemers decided to comment🤔 🤣🤧
Someone reached out to me last week. I had no idea who the person was.
Her: Hello! I just dropped by your account and i would like to ask if you are looking for a part time. Message me if you're interested. Thank You!
Me: immediately looks at profile and, sure enough, it was a member of FRONTROW (if you know what i mean 😏😝)
So I decided not to reply, and later on she asks me for the second time so I had no choice but to reply and then…
Me: I am looking for a part time JOB, is there anything you can recommend?
And then they replied with the sales pitch like “have you heard of multi-level marketing?” 🤣