Thats a Pyramid Scheme!

The next time someone asks you if your network marketing business is a 'pyramid scheme' you can use the Bernard Madoff story to show them what a pyramid scheme really is. The biggest con in history, Madoff bilked his investors out of a reported 50 Billion dollars. And some of the investors were big named Wallstreet businesses as well as high profile Hollywood personalities.

Next time you see the next big, can't miss opportunity, you'll do your due diligence and research and investigate it properly, so you don't get duped. When so many people are looking for that easy payday, with little or no work involved, it's easy to see how these scams can get so big.

With the anonymity of the Internet, now more then ever before, you have to be careful where you invest you time and money. There are tons of shady business dealings promising fantastic returns on your money and time investments.

I used to think' how can people be so naive' and not just a couple, but literally thousands upon thousands of people...and then, well here's my story...

I almost got involved with a scheme dealing in the Forex money markets. Guaranteeing 25-30% returns in as little as 14 days. One of my subscribers was investing their money for a few months, and they were getting back the big returns. Well I half heartedly researched it, then I started to fill out the necessary forms in order to join. I was going to start with a small investment, then reinvest the returns...well I'm glad the confirmation process for the money transferring company took a few days because 2 days later I got an email from my subscriber that recommended it saying - that her returns were not coming in anymore - wow...that was close.

Now I wasn't going to invest my life savings or anything like that, which a lot of people do, but even losing a few hundred bucks in a scam like that would have driven me crazy!

The problem is that most of the people that get involved with these types of ponzi schemes do so on the advice of family and friends. So they really just trust the fact that it's all above board because of who introduced them to it. If a friend or family member wants you to put your time and money into a can't miss opportunity, you should really investigate as if your life depended on it...because it just may.