The World and Modern Science

  • Pyramid Scams

    Filed under News
    Sep 16

    In this article not only will tell you what is a pyramid (or pyramid scam) but also what is the difference with the multilevel Marketing. Probably a friend or family member you just invite to join your business network (multi-level) marketing and your first impression was: this is one of those pyramid scams. First, congratulations on taking the time to investigate and find out the connection, since the pyramids are illegal and you could leave cheated them. Now, before you say if MLM is a pyramid scam or not, we need to understand what is each to differentiate them. What is a pyramid scam? A pyramid is an illegal business that mainly involves the gain of money by recruiting other people within the pyramid scheme, regularly without the exchange of any product or service. Sometimes there may be an alleged product of means, which is there only to pretend that the pyramid is a real business and is He is a product that very few people want to or that its real value is much less than the money that you are delivering in exchange for the product.

    For example, if you reclutaras me in the pyramid (or alleged business) and I pay $ 500 to join me but do not receive any service or product or product I receive has a value much lower than those $500 that I paid, it might be a pyramid scam. What are the MLM business? The MLM business consist of the promotion and distribution of goods (or services), using a network of independent agents who use the power of the recommendation to publicize the company’s products. A dealer or independent agent, receives commissions not only by customers who get personally, but also has the ability to recruit and train other majors that they also get clients and recruit other distributors..