davent
February 24th, 2007, 01:35 AM
Please scroll down and looking for YMMSS
http://honeyfrog.com/News/moneydoublers.htm
The Truth about DOUBLERS
TOP MONEY DOUBLER
Doublers Born
In 1919 Charles Ponzi invited businessmen and women to invest in his business and promised to double their money. Returns were guaranteed! Charles Ponzi recruited new investors and used their funds to pay earlier investors. Unsustainable, the business eventually collapsed leaving a great number of people with nothing to show for the funds they had committed. Charles Ponzi was imprisoned and from that day, scams that mimicked this approach became known as “Ponzi Schemes”
In more recent times, many of these types of schemes go by the name of Doublers, Triplers, Bubbles, Cyclers, Gifting and other variations mostly fall under the category “Ponzi or Pyramid Schemes”. If you have joined, or are considering joining, a one of these types of programs, study them carefully to see if it operates as a “Ponzi Schemes”. Some of the more popular 2004 Doublers were, easychairclub, dollarmonster.easychairclub, mymagicdoubler, dmnglobal, ymmss, moneymakersrated, moneymaker6, hyipinvestment, 10by5, Phoenixsurf.
Some “Ponzi Schemes” provide you with a product or service in exchange for your investment in a bid to achieve the appearance of legitimacy. Don’t be fooled! If a program promises all investors a complete return on their investment without limiting the number of applicants, this program is almost certain to collapse after a few months.
Legitimate enterprises will limit the number of investors or require members to achieve their own sales. A legitimate enterprise will never guarantee a profit that’s Illegal. The laws of the country you live in may prohibit running, or investing in, a “Ponzi Scheme”. Owning a “Ponzi Scheme”, investing in a “Ponzi Scheme”, or permitting a “Ponzi Scheme” to be promoted through your website or advertising network, may be illegal.
Immoral
Some experience Internet Marketer may well be familiar with Doubler programs and how they operate, but can't resist the temptation of making money from other people's lack of knowledge. Some Internet Marketers have written ill-advised articles that demonstrate the best way to profit from Money Doubler programs without losing your investment. Usually this runs along the lines of ‘join a program early and withdraw your funds before the program collapses’, effectively using Doublers as a form of gambling.
Putting aside the obvious financial risks of such an approach, this view selfishly ignores the large number of people who will lose their investment from the program. When a Doubler program collapses, everyone who invested last loses his or her investment. And beleave me most of the Doublers mentioned above calaps numerous times last year. In some cases this can affect hundreds or even thousands of people. Sadly, many of the looser will assume that it was the individual program, rather than the concept, that was to blame and will try again with a new Doubler program.
It doesn’t take a mathematical genius to work out that if you put any number in a calculator and multiply the result by 2 over and over, the number grows exponentially. Even the most avidly promoted Doubler will collapse when the number of new investors required to sustain the program becomes unachievable. If you are tempted to speculate on these programs, please remember these two important points:
*
The money you receive comes ultimately from the people that loose their investment.
*
Unlike gambling, many of these people were unaware that their investment was at risk.
Additional Reading:
US Securities and Exchange Commission on "Ponzi" Schemes
The SEC and Multi-Level Marketing
THE U.S. FEDERAL TRADE COMMISSION on "PYRAMID SCHEMES"
Avoiding scams and illegal schemes
Robbing Peter to pay Paul
Story of Charles Ponzi
OP MONEY DOUBLER
Offshore bank accounts offering 100% privacy as well as offshore trust solutions are just part of the services we offer our members to insure that their transition from an average salary to a 6 figure income is both smooth and successful. Our clients learn about the value of diversification when building their capital portfolios. We offer a range of opportunities to leverage the capital built in this program, insuring that risk is minimized.
Member Of Want2c.com
Copyright © 2000 Honeyfrog All Rights Reserved.
Prepared by HONEYFROG.COM
Have you heard of these popular 2004 Cash Doublers?
Cash Maker 6
Cash Makers Rated
Dmn Global
Dollar Monster
Easy Chair Club
Hyip Investment
My Magic Doubler
Reality Millions
YMMSS
http://honeyfrog.com/News/moneydoublers.htm
The Truth about DOUBLERS
TOP MONEY DOUBLER
Doublers Born
In 1919 Charles Ponzi invited businessmen and women to invest in his business and promised to double their money. Returns were guaranteed! Charles Ponzi recruited new investors and used their funds to pay earlier investors. Unsustainable, the business eventually collapsed leaving a great number of people with nothing to show for the funds they had committed. Charles Ponzi was imprisoned and from that day, scams that mimicked this approach became known as “Ponzi Schemes”
In more recent times, many of these types of schemes go by the name of Doublers, Triplers, Bubbles, Cyclers, Gifting and other variations mostly fall under the category “Ponzi or Pyramid Schemes”. If you have joined, or are considering joining, a one of these types of programs, study them carefully to see if it operates as a “Ponzi Schemes”. Some of the more popular 2004 Doublers were, easychairclub, dollarmonster.easychairclub, mymagicdoubler, dmnglobal, ymmss, moneymakersrated, moneymaker6, hyipinvestment, 10by5, Phoenixsurf.
Some “Ponzi Schemes” provide you with a product or service in exchange for your investment in a bid to achieve the appearance of legitimacy. Don’t be fooled! If a program promises all investors a complete return on their investment without limiting the number of applicants, this program is almost certain to collapse after a few months.
Legitimate enterprises will limit the number of investors or require members to achieve their own sales. A legitimate enterprise will never guarantee a profit that’s Illegal. The laws of the country you live in may prohibit running, or investing in, a “Ponzi Scheme”. Owning a “Ponzi Scheme”, investing in a “Ponzi Scheme”, or permitting a “Ponzi Scheme” to be promoted through your website or advertising network, may be illegal.
Immoral
Some experience Internet Marketer may well be familiar with Doubler programs and how they operate, but can't resist the temptation of making money from other people's lack of knowledge. Some Internet Marketers have written ill-advised articles that demonstrate the best way to profit from Money Doubler programs without losing your investment. Usually this runs along the lines of ‘join a program early and withdraw your funds before the program collapses’, effectively using Doublers as a form of gambling.
Putting aside the obvious financial risks of such an approach, this view selfishly ignores the large number of people who will lose their investment from the program. When a Doubler program collapses, everyone who invested last loses his or her investment. And beleave me most of the Doublers mentioned above calaps numerous times last year. In some cases this can affect hundreds or even thousands of people. Sadly, many of the looser will assume that it was the individual program, rather than the concept, that was to blame and will try again with a new Doubler program.
It doesn’t take a mathematical genius to work out that if you put any number in a calculator and multiply the result by 2 over and over, the number grows exponentially. Even the most avidly promoted Doubler will collapse when the number of new investors required to sustain the program becomes unachievable. If you are tempted to speculate on these programs, please remember these two important points:
*
The money you receive comes ultimately from the people that loose their investment.
*
Unlike gambling, many of these people were unaware that their investment was at risk.
Additional Reading:
US Securities and Exchange Commission on "Ponzi" Schemes
The SEC and Multi-Level Marketing
THE U.S. FEDERAL TRADE COMMISSION on "PYRAMID SCHEMES"
Avoiding scams and illegal schemes
Robbing Peter to pay Paul
Story of Charles Ponzi
OP MONEY DOUBLER
Offshore bank accounts offering 100% privacy as well as offshore trust solutions are just part of the services we offer our members to insure that their transition from an average salary to a 6 figure income is both smooth and successful. Our clients learn about the value of diversification when building their capital portfolios. We offer a range of opportunities to leverage the capital built in this program, insuring that risk is minimized.
Member Of Want2c.com
Copyright © 2000 Honeyfrog All Rights Reserved.
Prepared by HONEYFROG.COM
Have you heard of these popular 2004 Cash Doublers?
Cash Maker 6
Cash Makers Rated
Dmn Global
Dollar Monster
Easy Chair Club
Hyip Investment
My Magic Doubler
Reality Millions
YMMSS