Starting in 2020: XM Free Forex Seminars in the Philippines

Question on a massive ponzi scheme going on in my city.

There is a massive ponzi scheme going on in my city, which is located in the Philippines. Currently, there are several different brands offerring different returns ranging from 100% to 600% in usually a month(yea I know, past ponzi schemers in the history are put to shame with this ROI. It’s fckin crazy) But one brand is the biggest, and the one that started it all. The brand is called Rigen Marketing(you can google their site if you’re interested) and they give an investment return of 400% in less or more than a month. The scheme started in April so it’s only a little over a month old. Everyone that has invested so far has received the said return.
Now, what makes them a bit different from the usual ponzi scheme is that they actually do reinvest the capital. The formality or cover-up is that they reinvest on products that have a 1,000% profit margin, which they sell. But the general knowledge is that their real source of income is forex trading. Each brand has a “master trader” that uses the capital to bring in profit, which helps fund the 400% return.
I know that forex trading alone won’t be enough to fund the crazy ROI, that’s why I still call it a ponzi scheme. My question is, can this actually work and last?
So far, everyone who has invested has received the return(nobody complained yet so the government stays shut on the issue) and it looks like people who do get the return keep reinvesting back to the scheme.
In this situation, can this ponzi scheme work and last long? Would you even consider this a ponzi scheme?
submitted by saigajv to investing [link] [comments]

Can a ponzi scheme last a long time?

There is a massive ponzi scheme going on in my city, which is located in the Philippines. Currently, there are several different brands offerring different returns ranging from 100% to 600% in usually a month(yea I know, past ponzi schemers in the history are put to shame with this ROI. It’s fckin crazy) But one brand is the biggest, and the one that started it all. The brand is called Rigen Marketing(you can google their site if you’re interested) and they give an investment return of 400% in less or more than a month. The scheme started in April so it’s only a little over a month old. Everyone that has invested so far has received the said return.
Now, what makes them a bit different from the usual ponzi scheme is that they actually do reinvest the capital. The formality or cover-up is that they reinvest on products that have a 1,000% profit margin, which they sell. But the general knowledge is that their real source of income is forex trading. Each brand has a “master trader” that uses the capital to bring in profit, which helps fund the 400% return.
I know that forex trading alone won’t be enough to fund the crazy ROI, that’s why I still call it a ponzi scheme. My question is, can this actually work and last?
So far, everyone who has invested has received the return(nobody complained yet so the government stays shut on the issue) and it looks like people who do get the return keep reinvesting back to the scheme.
In this situation, can this ponzi scheme work and last long?
submitted by saigajv to wallstreetbets [link] [comments]

$2000 144Hz gaming PC

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submitted by jeychey to buildapcforme [link] [comments]

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How to find VERIFIED Forex Broker company in the Philippines? #pinoy vlogger

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