Wednesday, June 09, 2010

Infinity Downline

What I find funny is scamming has become so modern these days. Anyone heard of Infinity downline? haha.
Well for those who dont, it is an application on facebook where all you have to do is log in and you get $100. And this depends on how many people you get to join you. The more you get, the more money you receive. It is not a new concept, as this has been used for direct sales.

But it is fairly new idea that in this case, you dont get any product for joining to be a member!
So the Basic Idea is when you sign up you pay $100 registration fee. Each member you get to join this "club" will pay $100 membership fee as well in which you get more or less 50% commission in a way. Then the members that your members get...you get commission too...so on and so forth.

But essentially, all that is happening is, you are asking people for money, for nothing. lol. They dont get any product whatsoever. To break it down to a simpler model, All that is happening is that say for example, I am the company. I get you to pay me $100 to join my company...now you have to find people to pay you $100 (2 people) to cover up the cost you just paid. And the other 2 people has to do the same. And it keeps going on and on. What a funny loan shark scheme.

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