1. One person creates a mailing list of 7 people.

2. They send all 7 people an envelope with .

3. Once sent, they put they’re name to the bottom of the list.

4. Every one of the 7 people retrieve one dollar from the envelope, and put back in. There’s then in the envelope.

5. Ok, here’s where it gets confusing. Everybody sends the to the second person on their list. The list is not the same for eveyone, the very first sender makes 7 different lists for the 7 different people making them the 1st on their own list. Thus, everybody will send only one person the , but everyone within the 8 people (including the original sender) will recieve an envelope of .

Ok, stick with me.

6. Those senders, will now put their names to the bottom of the mailing lists.

7. The next 7 receivers take out of the envelope and put in, just like before, making it in the envelope now.

8. Once this is done until a significant amount of money is sent to the 1st person (primary sender) he’ll take all the money.

9. The process will begin again, and once it ends the 2nd person will get the large sum.

The purpose of only doing two dollars at a time is because, you retrieve before you put the in, cutting the amount you put in by half. It’ll still be growing, but just slower.

After a while, ppl can agree to put in large sums of money in, and circulate that around multiplying it by very much by the time you get it back.

What do you guys think? It’ll take time, but eventually you can make a huge profit. Do you notice any flaws? Is this legal?

Ponzi scheme = where you pay back original investors with extraordinary returns from new investors = pyramid scheme = Amway.

I got this letter to send one pair of socks to the name at the top of the list and then write the name of the person who sent it to me on the #1 spot and my name on the #2 spot . So I wasn’t adding my name to the bottom of a long list like most chain letters… I talked to one of friends and she said it doesn’t work, no matter what. I’m supposed to get 36 pairs of socks for the price of one… Why doesn’t it work, if everyone participates?

see example:

http://members.tripod.com/oziahz/sock.htm

My friend gave them a SSN# and 00.00 for a starter kit.

here is the link http://www.3kmgcoffeeclub.com/

The aren’t requesting money

How many times can a dollar be taxed?

spread the word to warn all!!!

Someone else had mentioned this idea earlier in one of their answers. The more people you recruit the greater your reward in heaven?

How many until you can get a new laptop or better yet… a new RV?

and your on the bottom?

http://www.pesanetinvestments.com/index.html

I want to invest with them. please advice

warn all those you know!!

http://www.whale.to/b/images/capitalism.gif

It seems that wealth can’t be created in capitalism, it is just transferred from the poorest of people to the richest of people. same with the US; we seem to be the richest country on earth only because we keep other countries impoverished.
@Ghost Face Killer: I read both Das Kapital and "The Communist Manifesto", and he never said that EVER.
@Buzz Kill: three words: MADE IN CHINA

My boss is all excited about this Team National thing he is now involved in. I have jokingly nicknamed it the cult because he is always on the phone and going to group meetings. He hasn’t pushed me to joined but is thrilled and mentions it on occasion as a good option for me. I just don’t see how it can be legal – you pay a membership, get discounts and then get others to join. As others join, you gain income and when those who joined under you get new members you also get a "cut" so to speak. Isn’t this a classic pyramid situation? It sounds too good to be true and therefore I think I should stay far, far away. I don’t want to get others involved in such a thing. But he is a smart, successful guy as are others who are already members. So….am I being to skeptical?

How can you spot it? I’m thinking about joining this insurance networking business. Basically what I’ll be doing is selling life/retirement insurance OR recruit people to sell it by word-of-mouth. I get a percentage of what my recruiters make and so on… I have a very close relative who knows a friend that does it. The friend of his is making thousands and his upline, millions! He showed me his account and photos of expensive travel vacations for proof. He’s been doing it for only 8 months.

If I pay 5 to join but will get a reimburstment after I get a license. But how do I know if it’s a pyramid scheme? I did research on the company but nothing about it being a scam showed up..how do I tell the difference between non-/pryamid scam?

Watching coverage of the Tea Party convention reminded me of an AMWAY convention that I was dragged to a few years ago and it made me realize that the GOP must be a pyramid scheme. It explains why so many poor workers are willing to give so much of the value they create to the wealthy elite and why poor and working class laborers support policies that are against their own best interest. They have an unrealistic hope that someday they will become a member of the wealthy elite if they work hard and sell enough Republican toilet paper.

I can’t for the life of me understand why anyone would want to buy a pyramid, but each to their own I guess.

And then you suggest AFFILIATE MARKETING?! Are you on drugs? Why would anyone who has a college degree invest time into that?

The representatives (priests), the not-having-to-pay-taxes-yet-asking-for-m… and false hopes of "you can be like me"…

Think about it…it’s Avon, except the ‘products’ are our morals
kdanley – I didn’t overgeneralize, if you actually read the title and details

Old Timer Too – However, there are some financial contributions that are paid back (like inefficient care centers, hushing priest rape victims, etc)