PPRuNe Forums - View Single Post - Ponzi scheme targeting crew - Beware - do not become a victim.
Old 4th Jul 2015, 01:40
  #80 (permalink)  
Econ101
 
Join Date: Jun 2015
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Michigan777flyer

“to me it does not matter who looses and how much”
Hope not to fly with you soon. Perhaps you should have a greater regard for your colleagues. It might make for a more pleasant working environment.

"Some people have to loose, for others to be winners" Incorrect. Start a legitimate business, you'll hurt no one.

"Once again all you critics might look very foolish if this turns out not to be a ``scam`` like you have been proving it for days and days."
You do not seem to mind looking foolish. Neither do we.

It seems most that have invested blindly, like to believe that it is legit, and demand that it is proved a scam before they are willing to sacrifice their monthly profits.

This is how these schemes work – logic gets clouded by greed.

Anyone with half a nugget in their heads would assume this is a scam, until facts are found to prove otherwise.

As to the MMA forex scam, the cowboy who started it was a 28 year old. The money went to his head. He started publicly claiming he was starting an airline and owned a bank. He started spending his money, sponsoring sporting events and the like. Newspapers started investigating his claims in a series of articles, debunking his claims. Turned out, he did not own a bank and did not file any documents to base an airline in RAK.

The tide and sentiment started to turn. Investors started to withdraw funds.

Once there was less money coming in than profits that needed to be paid, he closed the doors. Investors that had payments delayed filed police complaints.

BTW he was only sentenced to 2 years and no funds were ever recovered for the victims. Pretty good incentive to start your own scheme. He will retire with millions at the age of 30 when he gets released this year.

To all the defenders/investors/gamblers, might you please provide any concrete evidence or facts (apart from getting paid monthly, or someone you know that is) that this is not a Ponzi. When you stop getting paid its already too late to get out.

Sentiment is turning on this one. Might be wise to divest or face Deja Vu.
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