Beware of affinity ponzi scheme
By kingparker
@kingparker (9673)
United States
November 11, 2010 3:37pm CST
Probably majority of you already know about what is Ponzi Scheme all about. Maybe you should take guard against this type of scam to work on you. Affinity ponzi scheme usually target on people who has the same interest, or within the same community, or church group etc...... The con artists usually spread out the word about this money earning fund and such, such..... You can earn more than 20% of return or something like that. The first participants usually get paid from the second or third participants who contribute the money, but this scheme never gonna work. At the end, no one is getting paid, and the con artist is the winner.
Affinity ponzi scheme take people off guard because the reputation and the trust within this circle of people. They knew each other pretty well, or share the common interest. So, beware! and don't fall for something like that.
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