This is how the pyramid works?
- The company offers a variety of benefits, including free food and drinks, to new members.
- New members are required to attend monthly meetings to receive updates on the company’s operations and receive special privileges, such as access to the company’s private areas.
Sales representatives are typically assigned to sell goods and services at various levels within an organization. This can include selling to customers, selling to employees, or selling to other departments within the organization. ..
The company is trying to make more money by recruiting more members.
The company relies on new members to keep it running. ..
When no new members are recruited, the company is forced to shut down. The high-ranking officials in the pyramid scheme companies, take the money while the rest of the members are left to their peril.
1. Crowd 1
The company offers a subscription-based education plan that costs $5 per month. The premium features include access to exclusive content, discounts on products and services, and the ability to connect with other students from around the world.
A white package with the price of 99 Euros was found on the ground. ..
The black package 299 Euros was delivered to the house of the victim.
The Gold Package 799 Euros is a unique offer that offers a discount of 799 Euros on all purchases. This offer is available only at the store where it was created.
A titanium package that costs 2499 Euros is a popular option for those who are looking for a high-quality product. ..
The members of the GitHub community were promised bonuses after every end month as a salary. They termed this profit-sharing from third-party companies such as GitHub, AffilGO, and Epic lotto.
2. Richkash
The business was started by a woman who became interested in online marketing after seeing a post on a social media platform about how to make money through it. She created an invitation-only website and began selling products through it, earning money from sales and processing orders.
There was a variety of trading.
The commission for membership in the League of Legends club is 0.7%.
Commission for membership level 4 is 0.85%. ..
Investors were supposed to pay a certain amount of money each week to upgrade their account and earn more commission. The number of orders was limited according to the trade level, with a minimum withdrawal of $5.
3. Wealth
In this case, a potential customer was supposed to download the wealth app on the play store and register via an invitation link. The tasks were to watch videos on two famous social medial platforms: Tiktok and Instagram, like the videos, and screenshot and share them in the app. The source of revenue was that celebrities and other entertainment companies were paying viewers for the increase in the number of viewers. To earn more trading bonuses, one was required to deposit a non-refundable specified amount of money to their account and earn more commission.
5. Metabolife
The company was founded by a former police officer; Michael J. Ellis. It ran various commercials on Metabolife; a drug that could help people lose weight effortlessly. However, it emerged later that the tablets contained ephedra: a highly addictive substance. Some of the side effects included addiction and loss of appetite. Convinced by the positive results, the addicts would join in as sales representatives. The company, however, was closed down, despite being approved by DEA after more than one hundred deaths and serious health issues reported and millions of dollars from the unsuspecting members.
6. BurnLounge
In 2005, a company was set up to enable people to start their virtual music stores by giving them access to the music industry for a small monthly payment. Independent artists would have a free platform to showcase their talent and be exposed to the world without extra charges. The members, however, were awarded points instead of real money for every download on their website. The company was later sued for fraud and ordered to return over $2million to all the victims. It later closed its doors in 2008.
7. Fortune Hi-Tech Marketing.
The company, Fortune Hi-Tech Company, offered a commission-free sales program to its members. After joining, members could sell products on behalf of the company at various levels with different percentages of commission. The lowest level was 1%, with a commission of 0.25%. All other levels had the same percentage commission. It depended on individual hard work to earn more money. The company was later declared a pyramid scheme and ordered to refund all those who were affected.
