Tuesday 6 September 2016

MMM isn't a PONZI SCHEME.


 First let's closely understand what Ponzi scheme really means and figure out why MMM isn't a ponzi scheme by seeing closely the difference.

A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game)[1] is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources.  ( * Plz is their any participants that knows MMM account number ? MMM don't have a center account @ all )   Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

Ponzi schemes occasionally begin as legitimate businesses * ( MMM is not a business ), until the business fails to achieve the returns expected. The business becomes a Ponzi scheme if it then continues under fraudulent terms. Whatever the initial situation, the perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme.

The scheme is named after Charles Ponzi,[3] who became notorious for using the technique in 1920.[4] The idea, present in novels (for example, Charles Dickens' 1844 novel Martin Chuzzlewit and 1857 novel Little Dorrit each described such a scheme),[5] was actually performed in real life by Ponzi who with his operation took in so much money that it was the first to become known throughout the United States. Ponzi's original scheme was based on the arbitrage of international reply coupons for postage stamps; however, he soon diverted investors' money to make payments to earlier investors and himself.[2]

Often the high returns encourage investors to leave their money in the scheme,( * MMM Community always advice participants to G.H monthly ) with the result that the promoter does not have to pay out very much to investors, ( * Nothing like payments from Promoters fellow participants do make payments )  he simply has to send them statements showing how much they have earned.( * Nothing like statement of account from MMM bcos its not a bank nor networking business like Helping hands and co.)  This maintains the deception that the scheme is an investment with high returns. ( * MMM is not an investment @ all )

Promoters also try to minimize withdrawals by offering new plans to investors,( *MMM don't offers new plans neither do they minimize withdrawal besides every participants in MMM are the promoter of MMM ) The promoter sees new cash flows as investors are told they cannot transfer money from the first plan to the second. If a few investors do wish to withdraw their money in accordance with the terms allowed, their requests are usually promptly processed,( * Withdraw of money via MMM takes seconds as long as your haven't change ur bank details ) which gives the illusion to all other investors that the fund is solvent.


 We can still get more point from this knowing well that MMM isn't a ponzi scheme, I don't know why  an organization under the federal govt SEC can't research and know more about MMM community then going around spreading false rumors about MMM community, MMM community is a Charity Community, where the less privileges are helped.

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