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Old September 30, 2002, 01:44 AM
Michael Ross
 
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Default Ponzi Schemes R Us

Methinks CASHevolution and its 5 x 5 forced matrix is a pyramid/ponzi scheme.

From reading over their website is sounds like one of those "just buy these four reports for $10 each, put your name on the list and move the other names down one, then mail 100 letters and sell report one to those people, sell report two to the people they mail 100 letters to, sell report three to... and sell report four to..." things.

But with CE there does not seem to actually be a product. There is a promised product... which sounds like a bunch of articles to me... but no actual product as yet.

No product + money going in + 5 x 5 matrix + promised payouts = Pyramid Scheme / Ponzi Scheme.

While I think it's a scam, I like to think people are smart enough to also see it for what it is. If they got taken in by his desktop product, and CE and whatever else, then they should have the smarts to not get taken by the same person offering the same thing again. And if they do, shame on them. (Fool me once, shame on you. Fool me twice, shame on me.)

Will my opinion of CE change anything?

Not likely. Those who love it, will defend it and continue to love it - and promote it. Those who don't like it and think it's a scam will continue to dislike it and think it's a scam. Nothing will change.

Joyner or Mayo won't suddenly close the site because of my opinion.

Just another fading blip on the radar screen of scams and schemes.

Michael Ross


Easy Money? Not likely. Just good info you can use to make money the old fashioned way
 


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