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How To Avoid The Pyramid Scam

The vasayo scam have victimized a lot of people all over the world, and that is because people tend to be blind from the money that they can earn from this so-called “business.” When it was first introduced during the early 2000’s, it is something that could be forgiven, because it was a completely new business model that promised people a high return of money in no time. The hook is that people would sometimes get results, but that wouldn’t last long as they would eventually lose more than they would initially earn.  

 Pyramid Scam

You need to believe in the saying that money doesn’t grow on trees and that there is no such thing as a quick delivery of income in any business. When you have a start-up business, or you work in a corporation, and even when you make investments, you will have to wait until you get the fruits of your labor. So next time you are invited to a business meeting, and they tell you that you can earn an amount of money in just weeks, think again, and do more probing questions to make sure you know what you are getting yourself into.  

When it comes to multi-level marketing business, the legitimate companies take pride in the products that they sell. Usually. They invest a lot in their products, and some even partner up with large manufacturers so they can fabricate it by bulk, and also maintain the quality of their items. Moving products should be their main goal, and recruiting people under you should just be an aid that will help you move or sell more items. If the people you are talking to are putting too much emphasis on recruiting people, and barely giving importance to their products, there may be something suspicious about the company.  

The main goal of network marketer scammer will be to get your money for their personal use, and they can do this pretending to have investment opportunities for the company to grow. People usually give in to these openings because of huge return they will supposedly get in a short span of time. Also, a common mistake that they make is they do not ask for specific details on where the money will go, and they just let the scammers run away happily with the money. If you find yourself in a business meeting, and they offer investments, make sure you ask for details about how they will use your money.  

If it so happens that your good friend is the one who invites you to join a business, make sure that you get a background check on the person who invited your friend. Get as many details as you can about the company, and do your research, this will ensure the financial safety for the both of you, by making sure you do not enter another Pyramiding scam. Remember that a lot of the scammers look like well-off citizens who have a great personality, and is easy to get along with, so you need to be smart about your analysis.