Post
Topic
Board Scam Accusations
Re: MMM Global Republic of BTC - Sergei Mavrodi ponzi scheme! Stay away
by
jacee
on 22/10/2015, 06:25:35 UTC
Honestly this ponzi scheme of Sergey Mavrodi is so appealing because of it's 20% interest rate for the investment but the risk is very high for your investment not to be returned as there is no guarantee.

Appealing for people who absolutely no idea economics. Everyone with a straight mind and a little bit of knowledge should smell the rotten fish here he is going to get.

We may have to do something to educate people about the potential danger of Ponzi schemes like MMM. All the governments should do something.

Those people who joins this kind of ponzi joins not because they are not aware of scams or they want to be scammed, they join because they want to take advantage of the company while company it is still paying. They know eventually that this site will collapse and turn to scam

Well you are right in that point but then as these kinds of ponzi stays, as I have noticed, people don't get to really know what this kind of scheme is. I mean they do have a referral program right? I see plenty of greedy people who are willing to invite peoole to join in thier referral and ofcourse they will get an incentive from it. Now, the person who was referred was not fully informed that this is a ponzi. My point is, some people here could care less if someone elses gets scam atleast it's bot their money that will gone to waste.