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  #15  
Old 06-01-2014, 07:46 PM
DrPhil DrPhil is offline
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Join Date: Nov 2008
Posts: 14,733
I recommend staying away from anything that starts with "I don't know how much money you have but...."

This week there was a Catfish about people who invested a lot of money and time in a fake promoter (party/concert/stage play).

Rant/

Then being asked to contact a person or company with which you are unfamiliar almost always results in a loss of time and money on your part. Ponzi schemes and pyramid schemes: investing money with limited or no (provable by a third party) evidence of the investment; investing in and selling makeup, kitchen utensils, jewelry, travel packages, pre-paid legal, etc.

Those aren't true investments and I'm so sick of people saying "my business" and "my business partners" in reference to these schemes. You don't have a business. You have a foolish waste of your money and now you're struggling to earn back your money. You will be lucky if you earn back your money, let alone make a profit.

There are 6 threads, 2 threads within the past 2 years, about these schemes.

/rant

Last edited by DrPhil; 06-01-2014 at 07:57 PM.
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