By no means limited to the airline fraternity. Here's a warning posted to workers at our favourite national telecomm's company.
" You need to be aware that some of our people are getting very involved in "pyramid investment".
" Basically this works in the same way as chain letters and those joining the "club" make a payment to join and then recruit 10 other people who also pay to join. The promise is made that when you reach the top of the pyramid you collect a large sum of money that has been donated by others joining after you. Of course, in reality, any area (especially a work place) becomes saturated and many people never get their money back let alone make a profit.
This seems to be especially rife at ********, with *********** people being the ringleaders. People are currently paying literally thousands to join, although as yet no one has received any money."
A very sad and heartless scam which seems to be spreading like wildfire through our corporate system.
TACCY
