2021-04-21 12:37:21
Scam Alert
Pyramid/ponzi schemes have been launched with different names in Pakistan
خبردار ! پاکستان میں پرامڈ / پونزی اسکیمیں جو کہ مختلف ناموں کے ساتھ شروع کی گئیں ہیں
It is informed that multiple companies offering Pyramid/ponzi schemes have been launched with different names in Pakistan and it is suspected that these companies are operated under one umbrella and uses multiple names just not to get caught under the eyes of the authorities. As such schemes get's Immediate hype and could possibly gets banned.
These companies have been attracting general public to invest in their business by offering hefty unrealistic profits and returns. As Informed, these companies are mainly targeting the unemployed graduates to invest(or to convince their Guardians/loved ones) and build an investment pyramid by bringing in more investment chunks. The hefty monthly returns are only promised on bring in more investors in the scheme. Alluring high profits motivates the investor to bring in more investors in the scheme and the pyramid keeps on building.
If anyone reaches out to you and pitch in a Business Idea and uses following keywords
*Massive Business Expansion
*Senior Business Partners
*Once in a lifetime business opportunity
*Assessment
*Business information to be disclosed after assessment via Interview
*Investment range to be discussed in interview
Stay away from them, it is Network Marketing or Multi Level Marketing (MLM) and in more simpler terms, it is Pyramid Scheme and Ponzi Scheme.
Both pyramid schemes and Ponzi schemes involve unscrupulous investors taking advantage of unsuspecting individuals by promising them extraordinary returns in exchange for their money.
With Ponzi schemes, investors give money to a portfolio manager. Then, when they want their money back, they are paid out with the incoming funds contributed by later investors.
With a pyramid scheme, the initial schemer recruits other investors who in turn recruit other investors and so on. Late-joining investors pay the person who recruited them for the right to participate or perhaps sell a certain product.
Ponzi schemes are based on fraudulent investment management services—basically, investors contribute money to the "portfolio manager" who promises them a high return, and then when those investors want their money back, they are paid out with the incoming funds contributed by later investors. The person organizing this type of fraud is in charge of controlling the entire operation; they merely transfer funds from one client to another and forgo any real investment activities.
Source: StartupPakistan
--------------------------------------------------------
for News and Updates related to Regulatory, Business & Real estate, Join
"Regulatory Updates of Pakistan" by using following steps;
For Telegram
Step 1
Download Telegram App
for Android link: bit.ly/3bd4v2X
& for iOS link: apple.co/2FQUpum
Step 2
Join Channel by using this link:
t.me/RegulatoryUpdatesOfPakistan
So hurry up
Don't wait, to get Updates
82 viewsedited 09:37
R
