Posts

Showing posts from December, 2023

Online pyramid schemes now being called ‘The Circle Game,’ ‘Mandala Game,’ ‘Blessing Circle,’ and more - WAFB

Image
BATON ROUGE, La. (WAFB) - An alert for the Federal Trade Commission (FTC) identified several names used to convince social media users that they're participating in online games when in actuality they're being sucked into a pyramid scheme. The names include: "The Circle Game," "Blessing Loom," Money Board," "Mandala Game," "Blessing Circle," "Infinity Loom," and "Giving Circle." The FTC says invites for these schemes are being shared through social media sites like Instagram and Facebook, and through text messages. The invite directs the user to send $100 through PayPal or another digital payment service to the person whose name is at the center of an octagon-shaped playing board. "Your payment gets you one of eight spots on the outer ring of the board and a chance to move towards the center by recruiting other people to join. As more people join, your board changes and the number of playing boards expands,&q

These Shopping-Oriented Pyramid Schemes Lure in Ladies, Then Steal Their Friends, Cash, and Confidence - Jezebel

Image
Mary Kay isn't the only pyramid scheme out there that targets stay-at-home wives and mothers looking for quick cash, an emotional support system, and — perhaps most of all — empowerment. Within the past few years, dozens of successors commonly known as multi-level marketing (MLM) schemes have convinced women to sell their jewelry, bags, and even sex toys, only to saddle them with shitty inventory, credit card debt, and shattered dreams of "having it all." We scoured the internet to bring you the best (or worse) of Mary Kay 2.0. Off English According to a report submitted to the Federal Trade Commission, 99% of MLM distributors lose money, making "even gambling look like a safe bet in comparison." To elaborate: This is after subtracting purchases they must make to qualify for commissions and advancement in the scheme, to say nothing of minimal operating expenses for conducting an aggressive recruitment campaign – which (based on the compensation plans) is essen

How To Make Money In Pokémon Scarlet & Violet - CBR - Comic Book Resources

Making money and spending it wisely has always been a vital but rather underplayed part of Pokémon games. Money is given as a reward for defeating Pokémon Trainers and attained by selling items, and it ultimately funds a more expansive and unrestricted playing experience. With the Gen IX Pokémon games Scarlet & Violet bringing so many new features and concepts to the franchise, it's only natural that there are more ways than ever for players to make money without cheats. In Scarlet & Violet , players are given two currencies to spend: normal cash and League Points. There are numerous ways to obtain both and some options are especially efficient. Updated on December 28, 2023 by Noelle Warner: As Pokémon Scarlet & Violet remain popular mainline entries in the series, fans continuously need advice on how to rack up some coin during their playthrough. This article has been updated to include even more details on how to earn some money in the

Holiday gift-card scams add card draining to the list: What to know - USA TODAY

With the holiday season comes more shopping and with more shopping comes more scams and fraudsters looking to take advantage of your holiday goodwill. From supposed charities looking for "donations" to balances that are empty even though you haven't used them yet, gift cards are a big item in the world of scams. They are used in a variety of common tricks and, because they do not come with the same protection as a credit card or bank account, often leaving people high and dry when it's time to try to get their money back. Even the most tech and street-savvy of us can easily fall victim to these schemes if we aren't paying close attention. The Federal Trade Commission, Department of Justice and multiple state officials have already issued warnings this season about some of the most common red flags to watch out for. Don't give a scammer the gift of your Christmas funds this season. Instead, stay aware and keep these tips in mind. Card draining The card draining

adsT