The gold pieces scam [Rant]

Turanil

First Post
I guess that only those who live in Europe, and especially in France, may know about it. However, given time, everybody on the planet will eventually be harrassed by victims of the gold pieces scam.

I am everyday searching for a job, and as such see more and more an advert for working at home on the Internet and earning 1000 to 3000 $ per month. A couple of days ago someone called me by phone and lied to me to try to sell me the thing. I said I wasn't interested before he actually told me what it was. In fact I didn't know what he would try to sell me, but the way he tried to arouse my interest irritated me. Today, seeing that advert again I had the curiosity to go to the website... [NO LINK TO THAT CRAP PROVIDED DUDES!!]

Before telling you, let me say that I am really angry at this. :mad: :mad: :mad:

So it's (what I call) the Gold Pieces Scam.

The idea is directly based on the "pyramidal chain scam": You pay someone who sells you the "list" 10$, and sends 10$ to someone else a number of ranks above in the list. Then, you (try to) sell the list to two or more other persons so as to get your "investment" back, and continue the process until many people send you money when you will be at the right rank in the list. This works in theory only if there is eventually an infinite number of people willing to do it. In practice you sell air to an idiot.

This scam is however forbidden by the Law here in France. A German did however turned around the Law, in making it appear legal in that you don't sell air but actualy buy and sell gold pieces. So, with that chain principle you buy gold pieces from a person, then you try to sell likewise to other people. I have been exposed more than once to the scam, and the first time long ago was directly explained it by an actual person, so I very well know what it is. Their method is to not tell you of the principle but to tell you how great it will be when you will be rich. It only begins like that: Do you want to be rich, have a luxury car, live in a tropical paradise and what not? This is possible with our revolutionary method that make money out of thin air. The truth is: you work more than with a normal job for a given amount of money. It's a scam in that nobody produces anything, and money must come from some actual production or service, which is not the case here. In fact, the only result of this scam is that eventually thousands of deceived victims will harrass millions of people who don't want to be robbed of their money but who will nonetheless be robbed of their time and patience!! :mad:


(if anyone would want to repost this post on any other forums, you are welcome to do it)
 

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Yeah, apparently if you actually sell something physical, it's legal, and "multi-level marketing" instead of simply a pyramid scheme.

My father used to be involved in those in the 80s, on the premise that if he got in early enough, he'd actually make money. And he did (at least breaking even), but we'd end up with boxes of junk. Surgical masks. (Would have worked if we had lived in Japan). Greenhouses. Can recycling machines. Reflective tape.
 

Just like air, these scams exist everywhere there are human beings, I think. They are sometimes pretty clever in trying to disguise what they really are. The fact that they continue to appear goes to support the quote (NOT from circus man P.T. Barnum, but instead, his competitor David Hannum), "There's a sucker born every minute."
 


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