Ponzi Scheme

  • Thread starter durhamplumber
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durhamplumber

Ponzi scheme is a form of fraud which lures investors and pays profits to earlier investors by using funds obtained from more recent investors. The victims are led to believe that the profits are coming from product sales or other means, and they remain unaware that other investors are the source of profits. Wikipedia

As pointed out Shedzy,,,and you larffff,,,,they are illegal.!!!
 
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For a classic example of a financial pyramid scheme, see Albania -it led to a civil revolution.

Its the same thing as the UK state pension :ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:
 
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It’s like ellel’s use of her brain cells.

Starts off with one made up statement, and then gets two factual rebuttals. She then comes back with three further statements and gets five rebuttals, and so it goes on …..

It’s a fraudulent use of time, and totally unsustainable.
 
It’s like ellel’s use of her brain cells.

Starts off with one made up statement, and then gets two factual rebuttals. She then comes back with three further statements and gets five rebuttals, and so it goes on …..
Oh look, thick as s hit woody still can't even get the correct gender...

Probably because it hasn't yet worked out how to get the most out of it's single brain(?) cell :LOL:
 
Oh look, thick as s hit woody still can't even get the correct gender...

Probably because it hasn't yet worked out how to get the most out of it's single brain(?) cell :LOL:
How do you know BAS is not female?
 
Is the gender of members important or even relevant?
Does the reference to gender, or the assumption of others gender indicate unconscious bias?
 
Is the gender of members important or even relevant?
Does the reference to gender, or the assumption of others gender indicate unconscious bias?
You used to refer to people on here as 'her' -many times.

So best you climb down off your horse old bean :ROFLMAO:
 
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