All HYIPs are Ponzies

What are the names of the major Pyramid and Ponzi businesses out there?

I had someone from "I-Commerce" invite me to meet with him for an interview at 8:30pm on a Friday night. Given the time and day for the meeting time I pretty much guessed that it was a sort of scam, but I met with him because I didn't want to be rude. Within two minutes of having met with him, he got out a phamplet and started explaining how I could make $200,000 in two years. At that point I started wondering why I had agreed to meet with him in the first place. Complete waste of time.



What are the names of these types of companies that you have interacted with?

Public Comments

1. Hutched, I don't believe you, I went to the same meeting although a few weeks later and already I am $35,000 richer.
   
   I go for all the quick fixes and fast track methods shown on television. I have so many at home businesses that I had to buy another home, I am becoming a permanent citizen of Nigeria because of all my business connections down there. America is a great country, I love SPAM.....another thing for you to do is buy all the "sold on TV" only stuff, especially the cooking ovens, the flavor wave is great, Ginsu knifes never fail, the bullet chopper does my drinks and I always carry my pocket fisherman with me.
   
   
   
   Yes life can be great when you invest your lifelong savings and hard earned money in these schemes, so stick with it and you too will soon be rich like me.
   
   
   
   PS If you are interested, I am a little down in my luck this week can you forward me about $1000 to tide me over.
   
   
   
   Thanks
2. Of course these things are illegal so as one gets found out by the authorities and broken up (even when they collapse under their own weight the authorities eventually step in and try to arrest those who began the whole thing if they can) teh next time it re-starts they have to at least try to give it a new name.
   
   
   
   Still main ones I've seen are the chain letters (scheme sponsor says "your selling contact info - its legal, really") where you mail people a few dollars but other people will supposedly mail you back 100's of times as much money when they get their chain letters received and in turn sent out; or some version of a scheme to give someone money directly, but you make 8-12 times that back just as soon as you get 8-12 people to give you money, then between 64 and 144 (8 squared to 12 squared) that when they all find people to give them money...etc.