curious?

No??

In article , anjennis (ann) writes

As I said, I wasnt curious.

The fact is that this is a pyramid scheme, and therefore illegal.

most people will lose their £500, as will you. In fact, if you fund other peoples £500, you will lose that as well.

If you do actually get a return, people below you will not.

Try working out how soon you have used up everyone in the UK.

Only if they're stupid. Pyramid scams should be in GCSE maths syllabus, then there might not be so many losers falling for them. If people in this scheme give each other money according to whatever convoluted rules someone has dreamt up, the total money in the group stays the same. If some gain money, then other must lose money.

Perhaps because the UK financial regulator, the Financial Services Authority has issued a warning about this -

Good luck - and remember, in just 26 stages the whole of the UK will be involved.....

Daytona

a brief description, not what i'd have sent out- but an explanation nevertheless......

The invitation was to a meeting for circle of success. Circle of success is a gift rendering system which sees all its members become financially stable.

There are a multitude of systems like this, which have been running for years with great success, there are also a number of unsuccessful schemes which see people lose their money, Im here to tell you that this ones genuine- not the least because Im a member, but because it boasts added conditions which secure your success and safety.

For those that dont know, circle of success has (in this instance, Id like to clarify that all systems run by their own rules and regulations/conditions) three main levels, following is a brief explanation;

1) You put in 500 and get two other people to join, each giving 500. Within a week (depending on when you bring in your two people, a general rule of thumb is to be quick if you want quick payment. No-one ever has to wait more than 3 weeks to receive, starting from the point your second person has been acquired) you receive 4k (4000).

2) On payment of your 4000, you then re-enter the circle putting in

500 and you bring in 2 people also putting in the same. (Note- in actual fact you get only 3500 due to the 500 re-entering fee). Again within a week you get 4k.

3) Third time round you do the same as stage two, putting in 500 from your 4k and bring in two, this time you receive 4k but you move on to the next stage. At this point from your 10500 received in total, you put aside 3k for the next stage.

Explanation - The Next Stage.

Because you and your immediate circle would have built enough revenue, your able to make a progression, this progression can only be attained by completing the first stage- people are not allowed to skip stages as these are also trial periods. If you or your group doesnt co-operate or hinders the safety of any members youre immediately excluded from further progress, paid back your 500 and you and your circle are banned for life, there will be no exceptions. Whether you or your members (members = the people you invited and their invitees) committed the questionable act, no evaluations will be made, you will all leave without possibility of ever re-joining.

Now On To the Next Level.

4) You put in 3000 and bring in 2 others that do the same, within a week you get 24000.

5) You then take 3k from your 24k to enter the next stage- bringing in two other people as in stage 4 etc... You are paid 24k within a week.

6) Again this stage mirrors the last, with the exception that its finally time to enter the last chain/stage or sequence of events. Youd now have acquired from the last three stages = 66k for stages 4/5 and 6.

The Final Stage.

7) You put in 10000 (from the 66k) and bring in two others that do the same, within a week you receive 80000.

8) You take 10k from your 80k to re-enter with your two people, and are paid within a week your next 80k.

9) You finally take 10k from your 80k to enter for the last time, there is no next stage. When you receive your 80k you can either retire or rejoin at the first level, putting in 500 and bringing in two people who put in the same to get paid 4k.

This is purely a guideline, most people have trouble finding 500 to start with, due to lack of finances, in such instances as an inviter and member I m willing to provide the initial 500 to get them started but take 2k from their first receivership (half - I put in their money but they find two people), the next time they re-enter they keep their 4k and can then make their progressions unaided.

At the mere whisper of circle or putting in money etc people are naturally dubious and elect to rubbish the whole system. Start talking about how it works and I guarantee no-one will believe you, invite them unknowingly to a meeting and I guarantee theyll join (or will want to- even if they cant afford the initial 500).

Id like to point out that there are fees which you are required to pay, you must pay this from your receivership money (for the 4k stage its 200 per receivership- which isnt steep) because the person that has organised and runs this system runs it from his business premises which insures full close circuit security (continual recording and observing of events, with one button the police are notified and respond- everything in his premises is secured against theft) which protects you and your money.

Your best bet is to tell a group of friends youre going out to dinner and then take them, they may grumble at first, but at the end theyll be smiling.

I elected to use the not knowing, curiosity aspect on newsgroups, not spamming- merely inviting people to learn more and then briefly skim over the details to wet their appetite and then invite them to the meeting. If even after attending people arent financially able, or are still resilient- Id introduce me giving them 500 to join so their experience could be risk free.

On the contrary, the reception I got in short stank! People are so quick to accuse that they lose sight of the fact that Im not spamming/selling/robbing/killing or aiming towards malicious intent. I dont see my giving people the means to join and then taking half of their first receivership gift as criminal, infact its done out of good-will and not to take advantage of them. I see it more as a means to an end, in the end everyone will benefit.

No doubt if a few of the people there could see me theyd want to stone me to death, feeling like a prophet out to help and not hinder I was left dumbfounded and feeling immense disbelief and shock. Which of my actions warranted such a comeback? Im still trying to figure that one out.

By no means was I going to say so much, but after the flaming and virus attempts made on my computer Ive decided to close that avenue, Ill still be inviting people to the meetings and putting up 500 for those less fortunate, but after my experience of hatred towards generosity Im declining from further online invites, for my safety and the safety of my circle.

"Andy Pandy" wrote

Yep - and the one to lose most will probably be the poster, who is paying for everyone's initial 500 deposit!!! Sometimes it's a shame people don't have an ounce of commonsense....

---------------------------- from first post:

"anjennis (ann)" wrote

"as an inviter and member I'm willing to provide the initial 500 to get them started but take 2k from their first receivership" ... "I'd introduce me giving them 500 to join so their experience could be risk free."

In fact they evidently peter out a long way before that, or they wouldn't still be finding new people ... I can vaguely remember seeing a warning about pyramids on something like Watchdog back in the 70s. We also talked about it when I was an undergraduate in the early 80s. I remember someone suggesting a postcard pyramid which actually sounded quite good, i.e. instead of sending money to the person at the top of the list you send them a postcard from somewhere interesting. I guess the post office would like that one :)

It makes me wonder just how many people sign up multiple times !

Daytona

Aha, a "Fuckwits Enabling Fuckwits" scheme then. Illegal. And immoral.

just a technicality, but pyramid schemes aren't actually illegal in the UK, just foolish and ill advised

just a technicality, but pyramid schemes aren't actually illegal in the UK, just foolish and ill advised

just a technicality, but pyramid schemes aren't actually illegal in the UK, just foolish and ill advised

They _are_ illegal, but the legal definition excludes some versions AFAICR.

Thom