pyrimid schemes??

[lea83]

i live in a small town in south wales. since feb this year a shceme has been going around getting people to invest 3 grand for a 23 grand return. i was so sceptical and refused to join from the start! but now its so big that people i know are reinvesting as they have been paid out several times. does have anyone have any experiance of such a scheme? should i do it? i feel like im going to miss out on something big. please help!

[tiggerblue10]

You have just posted this in B&F!

[Barmaid]

My answer is the same as the one in Business and Finance and I can't be ar$ed to post it again.

Don't do it.

[JonnyBoy12]

Don't know anything about investing in "pyrimid" schemes, but do know about investing in a dictionary. They are on special offer at WHSmiths for �5.99 reduced from �25!

[lea83]

yeah but i thought it was better suited to chatterbank but i think i was wrong.

[cazzz1975]

yes, big mistake, you will only get a handful of jokes about your typo..

[lea83]

yes i cant spell woo hoo!

[JonnyBoy12]

You are like a very bad witch then, lea, they can't spell either! Though with your spelling you would not know which witch is which!

[johnny.5]

you can its woo hoo
you are correct

[lea83]

lmao jonnyboy!

[lea83]

what would you like me to spell?

[lea83]

thanks for the serious answers

[joggerjayne]

So everyone invests �3000, and gets �23000 back.

So each investor needs at least 7 new investors.

Person at the top needs 7 investors.

People at level 2 need 49 investors

People at level 3 need 343 investors

People at level 10 need 282, 475, 249 investors (the entire population of the US)

... otherwise the pyramid has collapsed, the whole scam has been exposed as a fraud, and you are in prison.

[instigator]

on the bright side, someone in prison will attend lea83's pyramid for her!

[lea83]

yes tihs is a typical pyrimid. This one is only eight people max and then splits to form a new one. so the person at the top gets 23g with only 7 beneath them. I have seen the cash! its crazy!

[elginred]

So what do the seven beneath them get? Or am i being dense?

[leg758end]

Go for it dafty .I suggest remortgaging your house and possibly selling a kidney so you can invest evenm more cash.

Try borrowing from friends and family too.Youlll sooon be richer than branson.








DIDDDY THAT HELP ?�?

[redcrx]

OK so someone gets a lot of money.

look at it this way. If 100 people join up, thats �300k in the pot, but �300k divided by 23K is 13 (plus a bit) so 13 people get a return of �23k and what do the rest get...............

NOTHING!!!!!!!!!!!!!!!