While pyramid scams are not new, it seems like Philippines mass media is riding the popularity of the pyramid scam especially after the exposé of Aman future pyramid scam. Where lots of hard earned money of ordinary people as well as government officials are suddenly wash-out. This is not the first time it happened, if you remember Multitel of Rose Baladjay, FrancSwiss, etc… People never learn that’s why they always make the same mistake again. Here are some facts about legitimate MLM and pyramid scam.
Pyramid Scam is in fact widespread compared to legitimate multilevel marketing. Most of them change their name frequently, well enough that you must be cautious with them. Most of them appear to be legitimate but they have the intention to fool or to mislead anyone. Generally this kind of business always has a bad objective of alluring anyone who has the dream of becoming rich. They always offer a quick rich business or double your money reward. They will tell you that you could have much more income by continuing signing up more new members. The reality is that these kinds of people in pyramid scheme will push your newly joined members to buy high priced services or materials. They promise to help them but the truth is that they looked at them as a mere money making machine. Always think of what they can gain.