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Monday, September 25, 2017

The World's Biggest Ponzi Scheme?

The World's Biggest Ponzi Scheme?

Firstly some definitions:-
http://www.investopedia.com/terms/p/ponzischeme.asp
What is a 'Ponzi Scheme'?
A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to
investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This is
similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier
backers. For both Ponzi schemes and pyramid schemes, eventually there isn't enough money to go
around, and the schemes unravel.
http://www.dictionary.com/browse/ponzi
a swindle in which a quick return, made up of money from new investors, on an initial investment
lures the victim into much bigger risks.
https://en.wikipedia.org/wiki/Ponzi_scheme
A Ponzi scheme (/'p?n.zi/; also a Ponzi game) is a fraudulent investment operation where the
operator generates returns for older investors through revenue paid by new investors, rather than
from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be
either individuals or corporations, and grab the attention of new investors by offering short-term
returns that are either abnormally high or unusually consistent.
Companies that engage in Ponzi schemes focus all of their energy into attracting new clients to make
investments. Ponzi schemes rely on a constant flow of new investments to continue to provide returns
to older investors. When this flow runs out, the scheme falls apart.
The scheme is named after Charles Ponzi, who became notorious for using the technique in the
1920s. The idea, present in novels (for example, Charles Dickens' 1844 novel Martin Chuzzlewit and
1857 novel Little Dorrit each described such a scheme), was performed in real life by Ponzi, and
became well known throughout the United States because of the huge amount of money he took in.
Ponzi's original scheme was based on the arbitrage of international reply coupons for postage
stamps; however, he soon diverted investors' money to make payments to earlier investors and
himself.

So now about Empowr!
See here for more info!
They describe themselves as a "start-up" on LinkedIn https://www.linkedin.com/company/empowr-start-upand also as "experimental"!
Apparently they are registered at 501 West Broadway San Diego, CA 92101 USA!

I have been on Empowr for over 14 months now and initially saw it as a means of earning a reasonable monthly income of a couple of thousand dollars - no I didn't expect something for nothing or a "get rich quick" scheme! The "Daily Earnings" along with all the charges are exorbitant and really beyond belief but I persevered. The video training that is quite good even though very misleading as I found out the further I progressed - I am now "Sky" with three to go to reach "Sky Star", the top!
The goal post always appeared to be moving but suddenly a couple of weeks ago my "earnings" were almost have and with what appeared to me to be bugs in the system, and then, a couple of days ago the system started to ask for payment every few seconds in order to "Double your earnings"! This last event was the final straw and I am now convinced that Empowr IS a Ponzi Scheme - probably the biggest the world has seen!
It is such a shame as with not too much effort on the part of Empowr, the could attract multinational advertisers as the user base is worldwide and easily targetable with the user data they have!

A link to this blog will eventually be sent to law enforcement, press, media etc worldwide!






Is vbmoney a scam?

Is vbmoney a scam?

I joined vbmoney in good faith and on the face of it, it looked promising!
In order to earn, the page displays a few ads and you have to enter a 4 digit number and voila, 10
cents is credited to your account!
The site says a minimum balance of $150 is required to cash out but when you try, it then tells you
that you need 40 referrals! It then tells you that you can buy these but only payments from BitCoin
accounts are allowed!
I have tried to contact but to no avail. I have searcghed the net but all I come across are reports
saying that this is a fake site!
To see for yourself go to http://piheredrsupy.trade/7737327479056/?rstr=116
The site also claims that Adidas, Intel, LG, Nike Tag Heuer and Victorinox are its adevertisers so I will

try to contact these!

Watch this space...

Thursday, September 21, 2017

Earn Viewing Ads

Earn Viewing Ads

I came across this yesterday and it looks very promising!
All you have to do is register then go to the watching ads page. Ads appear then you enter a 4 digit number and voila 10 cents!
To get the cash out you must first earn $150 and also have 40 referrals (difficult sometimes, but these can be bought, now costing $10-$20)!
To sign up go here

It does look very promising and there is no limit on what you can earn! Also, you earn up to 50% from your referrals!

Sunday, September 17, 2017

Empowr Survey

Empowr Survey

Out of curiosity I have created a survey to gauge how people think of Empowr!
To take the survey click here
There are only 10 questions so it should take less than a minute to completee! Please ensure honesty and accuracy. The survey will be open until the end of October 2017 and when completed, the reesults will be posted here!
Thank You