Pyramid Scheme or Circle of Death, Social Media Followers Lose Hundreds Hoping to Gain $800

A Game You Could Never Get Out Of

The pyramid scheme has risen again since the #COVID-19 has come into play. Thousands of young individuals have entered this game, not knowing that it is fairly illegal. Especially in the United States. The game is very easy to play, convincing vulnerable people that they will receive fast money, if they put forth money first. Young business owners have decided to use this scheme hoping they could possibly invest more into their businesses. Yet eventually, the hopes of receiving the $800 became a nightmare. The game is one you cannot get out of, one day you have been convinced to enter, you now have to work hard to convince others to put forth money as well, developing you into a part of the “scheme” and you don’t know it.

An excerpt from google, explains the illegal values of the “scheme”

How Its Played

A “pyramid scheme” board made by money developing individuals

The game is simple, at least the person in the middle says this all over social media, one person starts the board, and convinces 8 others to invest $100 into them, then they are moved out of the board. The next person is up, and the rest of the group has to keep convincing others to invest in the game, if the game continues, others hope to hit the center to get their money, but if someone bags out, you are eventually left with nothing, either way, someone or everyone has to lose, except, the person who started the game of course.

Multiple social media followers have reached out explain how they have been scammed out of there money, prior to being asked do they want to make an “Investment.” People have reached out to one another as they have found out that the money they have put in is not being returned to them, originators of the board game are deleting their Facebook accounts and blocking gamers from their social media.

If you have done your research, the scheme is illegal in multiple countries, including Canada, which has a major lawsuit filed against them in 2008, resulting in a class act lawsuit against the incorporation. The lawsuit resulted in multiple payees receiving their “investments” back and other doing a great deal of jail time. Then continues to another lawsuit, that was worth 6.5 million dollars, while a inventor used the scheme for a “vacation package” investment. To read more on this article click here. Let’s not forget how the scheme was also developed in New York, that was an article developed recently in 2018, the Bernie Madoff scandal to be exact. The article made the New York Times as Madoff was sentenced to 150 years in prison for scamming “investors,” with this scheme.

“Judge Denny Chin condemned his crimes as “extraordinarily evil” and imposed a sentence that was three times as long as the federal probation office suggested and more than 10 times as long as defense lawyers had requested.”

-New York Times

To read more on this article click here.

Our Advice To Angry Individuals

Conversations with Evonne is urging individuals to do their research before entering this game. You do not know who you are playing with. Do not give your money or cash app information to anyone whom you don’t trust, don’t know and is apart of this scheme. $100 willl make you feel more miserable than sorry. I am Kahdejah Evonne, and this is Conversations with Evonne, and I thank you for tuning in, be safe and God Bless you.

Author: conversationswithevonnememphis

I am a published book author, entrepreneur and psychology professional with exceptional skills in writing (advertisement, blog setup, book formatting, book publishing consulting and APA college papers readiness, etc), and small businesses consulting. If you are looking for book publishing, personal branding, business or life consulting you have visited the appropriate place. I look forward to working with you and you reading my blogs. Sincerely, theauthordailymemphis

Leave a Reply