October 16, 2021
Business

100 years of scamming people

Mexico City

Certainly on some occasions a family member or a friend has offered you to enter into a business in which you can earn a lot of money, if yes then you should read this before accepting.

Perhaps you are not familiar with the pyramid scams or the gurus who offer a lot of money for a small investment, because believe it or not, this method is not new, Over 100 years ago someone decided to do something like this, was called Ponzi scheme.

In an open or closed pyramid business, participants expect a return on their invested money with profits ranging from 150% to 300%, just in a simple pyramid scheme. Nowadays, multi-level sales are also within this type of scam and It’s relatively easy to get to know themOn the other hand, it wasn’t that simple 100 years ago.

Carlo Ponzi He was an Italian who immigrated to the United States in 1903, started working as a peddler and later…

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