Why Do People Invest In Pyramid Schemes?
Hello. It is scam and only people without investing experience do this. Usually it is because they hope to win the lottery, to make easy money or to get something for nothing! But this does not happen. If you are searching some better ways of investing, I can recommend to visit this financial portal https://www.investorgreg.net/ there are many useful information for you!
If all pyramid schemes fail, why would anyone invest in them? There are three basic categories of people who invest in pyramid schemes: those who participate out of greed; those who are misled into thinking that they are joining an “investment club” or a “gift program”; and those who believe that the products or services are legitimate. The people who participate in pyramid schemes out of greed often know that they are illegal. They nevertheless participate, hoping that the scams will last long enough for them to make a profit. However, the end result of a pyramid scheme is inevitable. At best, a few people, usually the promotors, walk away with a lot of money, leaving the bulk of the investors to lose all of the money they put into the scheme. In fact, the only way anyone could make money from pyramid schemes, is if other people are defrauded into giving money upon the promise that they in turn will be repaid Pyramid promoters often target closely knit groups such as religious or soci