Beware of Bad Logic:

The Top 10 Poor Excuses of
Internet Ponzi Scheme Players

If you ever research a suspicious internet program that appears to fit the description of a ponzi scheme, you may come across a heated discussion on "money making" forums, blogs, and other online communities. "Challengers" often attempt to demonstrate that specific internet programs offering high yields show red flags that resemble ponzi scheme aspects.

However, many individuals participate in these internet based ponzi schemes and then defend themselves (and the program) with invalid reasoning and poor excuses. Some of these ponzi scheme "defenders" become very hostile and ignore all logical arguments presented by the "challengers," only to retort with additional absurd responses.

We've decided to compose a list of the "Top 10 Poor Excuses" by these irrational Ponzi Scheme Players. If you are researching a high yield opportunity and you come across any of these ridiculous statements, don't walk... RUN!

#10
There's nothing wrong with making money online!

Answer: People who "make money online" through a ponzi scheme program are only temporarily fortunate; nothing more. All ponzi schemes pay for some temporary period of time, and sometimes participants just happen to find themselves on the bright side of the hill. But, beware- each scam has its set of "losers" and "winners;" in the end, the majority of participants will end up losing money.

#9
You can't compare aspects of this program to a former ponzi scheme!
Each program is completely different.

Answer: Nearly all internet ponzi schemes- whether simple or sophisticated- have identical characteristics, and those that don't usually only require a little extra digging. "If it looks like a duck, walks like a duck, and quacks like a duck...it's probably a duck!"

#8
This program's leaders are helping others and have given some money away
to a good cause.

Answer: So, essentially it doesn't matter how the money is obtained, as long as you're giving it away to charity, church, etc? When has this rule ever applied to legal or ethical guidelines?

#7
The program's administrator / CEO is a good, Christian ("religious") man/woman!

Answer: The appearance of the "leader" has absolutely nothing to do with the facts of the program's model. If I had a nickle for everytime an individual or group perverted religion to sell their scam (or a program of questionable ethical standards), I'd be swimming in coins. You may want to look into the Reverend Jim Jones and his "kool-aid" club for starters.

#6
I have already made $xxx.xx with this program!

Answer: Your temporary ability to "make money" should not be justified unless the returns are generated from an honest, ethical source. If you "make money" in a ponzi scheme, others will lose!

#5
If you're not already a member / investor, you don't know anything about this program and you shouldn't talk!

Answer: Basic ponzi scheme principles usually are NOT very hard to identify. You don't have to be a "member" of the program or financial genius to check the program's logic by performing simple mathematics involving basic addition and multiplication. Explanations on the program's website and testimonials from current members is enough information to make an intelligent conclusion concerning a program's "true nature" about 99.9% of the time.

#4
Everyone is joining this program. It's HOT!

Answer: Need I retort with any more than the popular adage - "If everyone jumped off a cliff, would you do it too"?

#3
The administrator / CEO is so honest and cares about all us members!

Answer: Honest? A few timely payments doesn't prove "honesty" in a financial venture. Caring? Maybe, but only until the ponzi pool dries up or the government steps in...

#2
You're just jealous of our success!

Answer: If I was really "jealous," why wouldn't I just join and start dumping money into the program?


And #1 goes to ...

You are so negative!

Answer: Idiotic, senseless "positivity" is the quickest way to lose money in the business / investing world. Don't ever confuse "negativity" with logic and common sense.

If you are foolish enough to believe that high levels of "positivity" will protect you in a ponzi scheme, I have a visual representation that will show you what happens when you ignore the facts and your surroundings:

Poor Ponzi Scheme Logic

The Ponzi Scheme participant that "thought" he could

As you may have already guessed by reviewing these absurd statements, many ponzi scheme players caught "in the moment" allow their emotions to cloud good judgment and responsible decision making. Do NOT make the same mistakes they are making; otherwise, you may pay a costly price.

What can YOU do about this?

  • Familiarize Yourself With The 10 Excuses --- This way, if you ever conduct your own research about a particular program and you come across any poor excuses, you will be able to quickly identify the fallacies and RUN!


  • Notify Others --- If you come across someone else attempting to research a suspicious internet program and you feel that their due diligence is being swayed by the poor logic of others, tell them and explain the dangers! It may be a friend or family member. It may be an anonymous individual in an investment or "money making" forum. Either way, let them know the truth before they waste time and money on a scam. All you have to do is send them a link to this very article that you have already read:
    http://www.ponzischemealert.com/ponziexcuses.html


  • Warn the "Ponzi Players" Themselves --- Depending on whom you are warning, this may be easier "said" than "done." Many participants are too caught up in their Cloud 9 atmosphere and delusions of "getting rich quick" that they have no desire to listen to common sense. If you have the time and the courage, feel free to explain the truth to them. You may also want to send them a link to this article. Unfortunately, if they continue to spew emotional drivel or random barrages of insults, you'll just have to move on and let them learn the hard way.


Announcements:

PonziSchemeAlert.com urges all victims of Nick Smirnow and his Pathway 2 Prosperity scam (P2P) to complete the "Victim Questionnaire" and forward it to the Ontario Authorities if they have not done so already. Additional information can be found HERE.