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So is this an illegal Scam or is it within the TOS ? |
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ZsuZsanna Raven
~:+: Supah Kitteh :+:~
Join date: 19 Dec 2004
Posts: 2,361
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07-07-2005 09:50
Fraggle Rock!!
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~Mewz!~
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Lynn Lippmann
Toe Jammer
Join date: 12 Jun 2003
Posts: 793
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07-07-2005 10:08
I found it rather amusing that FFS normally is the abbreviation "For Fuck's Sake!"
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 but what about the TOES? Toe the line Linden's! Toes for the Toeless! |
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Khamon Fate
fategardens.net
Join date: 21 Nov 2003
Posts: 4,177
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07-07-2005 10:39
Hi Lynn! /me waves ha ha ha FFS that's funny
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Visit the Fate Gardens Website @ fategardens.net
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Dianne Mechanique
Back from the Dead
Join date: 28 Mar 2005
Posts: 2,648
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07-07-2005 10:39
...AS YOU WILL SEE YOU WILL GET YOUR SIGN UP FEE BACK AND MUCH MORE ON TOP IF YOU SIMPLY FOLLOW THE INSTRUCTIONS OUTLINED BELOW. ... there is absolutely no work whatsoever to do on your part ... you will stand to gain many hundreds of thousands of Lindens within the next few weeks... it sounds too good to be true! ... You have absolutely NOTHING to lose ... you stand to gain a LIFE-CHANGING amount of money ... there is NO LIMIT to the amount of income you can generate ... _____________________
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black art furniture & classic clothing =================== Black in Neufreistadt Black @ ONE Black @ www.SLBoutique.com . |
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Lit Noir
Arrant Knave
Join date: 3 Jan 2004
Posts: 260
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07-07-2005 11:55
Hmm, well if there won't be a "Noir" ponzi group, are there any SL royalties that need me to loan money (GUARANTEED double back) to get their wealth out of, oh I don't know, Kritannia?
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Kevn Klein
God is Love!
Join date: 5 Nov 2004
Posts: 3,422
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07-07-2005 12:46
"FTC Stops Spam Pyramid Scheme"
http://www.pcworld.com/news/article/0,aid,35675,00.asp BTW, pyramid schemes are illegal in all 50 states and by federal law according to every site I looked. I would post the laws but who really cares? lol  |
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Hugsy Penguin
Sky Junkie
Join date: 20 Jun 2005
Posts: 851
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07-07-2005 13:10
Funny! Doing something like that is the first thing I thought of after reading the original post. Has everyone seen: http://www.419eater.com/ Funny stuff there too. -HP |
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Antagonistic Protagonist
Zeta
Join date: 29 Jun 2003
Posts: 467
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07-07-2005 16:18
Actually, while disreputable, this does not appear to be a pyramid scheme. The wording is similar to the spam one receives touting pyramid schemes but it doesnt appear to be. Nor is it a Ponzi scheme.
It is apparantly a straight 50% comission which works linearly. That said, I definitely dont recommend joining as it sounds dubious at best. I'm surprised so many people labeled it Ponzi or pyramid (or agreed with those who did) when it obviously isnt though. Funny. Fruity, yes. Dubious, yes. Scam, quite possibly. Not Ponzi and not pyramid though, at least on the surface. -AP Edit: fixed typos |
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Teeny Leviathan
Never started World War 3
Join date: 20 May 2003
Posts: 2,716
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07-07-2005 16:29
YOU "MISSPELLELD" BANED AND TRAGITY. THREE POINTS OFF. <Rebooting brain> _____________________
The Default Avatars were created by Linden Lab
They evolved. They rebelled. There are many copies. And they have a plan. |
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Jeffrey Gomez
Cubed™
Join date: 11 Jun 2004
Posts: 3,522
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07-07-2005 16:36
Not Ponzi and not pyramid though, at least on the surface. Really? Let's do some basic math. Signup fee: L$1,000 Break-even: 2 Signups Case-in-Point: The structure is ultimately not self-supporting, even if it were completely linear. And, because of two signups to break even, you would see a larger base at every iteration of the scheme. Hence, pyramid scheme. Naturally, all of this is made to benefit the person at the very top. Nor does this resemble multi-level marketing or an "elevator scheme," because this doesn't appear to be strictly linear. For more information: http://en.wikipedia.org/wiki/Pyramid_scheme http://en.wikipedia.org/wiki/Multi-level_marketing http://en.wikipedia.org/wiki/Matrix_scheme _____________________
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Hiro Pendragon
bye bye f0rums!
Join date: 22 Jan 2004
Posts: 5,905
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07-07-2005 17:04
Looks like "The Fat Man" is about to become "The Banned Man"
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Hiro Pendragon
------------------ http://www.involve3d.com - Involve - Metaverse / Emerging Media Studio Visit my SL blog: http://secondtense.blogspot.com |
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David Cartier
Registered User
Join date: 8 Jun 2003
Posts: 1,018
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07-07-2005 17:06
It looks an AWFUL lot like a Ponzi or Pyramid Scheme. The early joiners make a bundle and those at the end get screwed.
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Kevn Klein
God is Love!
Join date: 5 Nov 2004
Posts: 3,422
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07-07-2005 18:40
Actually, while disreputable, this does not appear to be a pyramid scheme. The wording is similar to the spam one receives touting pyramid schemes but it doesnt appear to be. Nor is it a Ponzi scheme. It is apparantly a straight 50% comission which works linearly. That said, I definitely dont recommend joining as it sounds dubious at best. I'm surprised so many people labeled it Ponzi or pyramid (or agreed with those who did) when it obviously isnt though. Funny. Fruity, yes. Dubious, yes. Scam, quite possibly. Not Ponzi and not pyramid though, at least on the surface. -AP Edit: fixed typos Not a pyramid scheme? What is your definition of a pyramid scheme? Let's see what the federal goverment considers a pyramid scheme... 'In the classic "pyramid" scheme, participants attempt to make money solely by recruiting new participants into the program. The hallmark of these schemes is the promise of sky-high returns in a short period of time for doing nothing other than handing over your money and getting others to do the same. ...' This is exactly what this is, the guy wants you to pay him so you can get your friends to pay you and him. Then your friends will get their friends etc etc. It's a classic pyramid scheme if there ever was one. |