The SCAM Revealed….
MATHEMATICS behind GOLDQUEST…….. Or any other pyramidal business
1st step- U register and Buy -- U have coin only company- 30000
2nd step- u bring two direct referrals-- You have coin only-Company has 90000
3rd step- they bring two referrals each--- U have coin and 1st cheque of 10,000 and company has 2,10,000
4th step- they bring two referrals each---U have Coin and 2nd Cheque of 10000 so total you have 20,000, persons who joined at step 2 have coin and 1st cheque of 10000, so total money in incentives paid is 40000 total and company has 4,50,000
5th step-they also bring two referrals each--- U have coin and cheques which when added to all u have already earned come to 40,000, persons joined at second step have coin and 20,000 each and people at step 3 get their first cheque of 10,000 and people at step 4 have coin only and company has 9,30,000
and here 7 members who have atleast some cheques but 24 people have nothing but just the coin
6th step 15 are earning but 48 have nothing
7th step 31 are earning but 96 have nothing but just coin
8th step 63 are earning but 192 have nothing.
9th step 31 have recovered money, 96 get little and 384 have nothing
and so on…
But always the no. who have only the coin is always much much more than the who have earned atleast some money.
And the people who have recovered money is just 31 when 384 have still to do it but to do that no. of those who have nothing will become 1286 people...
a few years ago, me and my family had bitter experience with this PYRAMID SCAM...
good thing we didn't invest all our money...
but huge amount was lost...
what to do yani....charge to experience...
the lady from that "company" (not GOLDQUEST) was very good enough to convince us...
MyHotComments
i hate the mails where they tell u to send it back to 10 friends, and so on...
mostly religious mails.
i wonder what's the benefit they gain from it?
spreding the WORD? like if i give a ....
Yes Azi.. Its called pyramid Scam.
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- Listen to Many...Speak to a Few -
All of us keep should keep away from such scams.
BEWARE !!!!!!!!!!!
" Make new friends but keep the old, One is silver... the other gold. "
What you think comes fast...
Will go even faster....
befor you can even see it...
Math 4 All
oh sorry.. i dint mention that ofmyheartshape.. it was rupees..
Last year my wife lost not just the money but also the product because they had on purpose a wrong number of their database and could never reach her when the product supposedly arrived in Doha! later on we knew for friends that it actually does nothing for you, it is your mind my dear what really makes the miracle! In any case, in order to get it she should pay about USD 100 more for re-shipment! in their dreams! not just a pitty she truly wanted the disk for her parents but she mostly because wanted to contribute to a cause! They sold her the idea of this company as a benefactor of humankind... naive her I wish she had seen this before, please click on the link (and that was 2004!!)
http://abhisays.com/ideas-and-thoughts/beware-of-goldquest-or-questnet.html
The point is that nowadays they keep stealing shamelessly from people, maybe in Qatar most people can afford to lose money but in countries where life is harder, people have even committed suicide... Hopefully they could be stopped someday but as you know, these sort of companies survive or change names and go ahead destroying other people's life. BEWARE!
" there is no short cut to Success..."
be sure that you are not taken for a ride..
Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it.
Malcom X
Yup, there are lots of different scams out there, and as a matter of fact two of friends got screwed up big time.
Happy to hear that atleast some of you already lost money.
Don't try to make money easier!
All are here to benifit themselves.
No one will make you profit without their profit..
So be aware not only in money chain, but on any business which is a shortcut to make money.
You can invest in some Gold or buying Gold Certificates if you need some way to invest.
I too have a bitter experience with quest.net here in qatar....
Therez only 5% chance in even getting back the money we paid as initial investment...
Here in QL , I see many ads to catch ppl, like more freetime, more money....
Frdz , pls don't fall in it...I lost abt 7500 QR
Here in QL these GoldQuest guys advertise to catch people......
Earn extra income etc etc......dont fall for it guys
YOU DONT KNOW ME, DONT EVEN TRY !!!
[at]harsha: what did you lose? Ruppes or Riyals or Dollars ? This is too much
its technically cheating
the PYRAMID scam...
My mom and uncle joined this...even though I told them not too.
It still exist...they use other names for it but it's still what it is...A SCAM
No one can make you feel inferior without your consent -Eleonor Roosevelt
its a major scam.. lost my 30000 ...
I was a part of it too back in 2001... but i saw these rules and all, so i dropped it. my uncle is still into such things.
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"Be Like a Flower, Which gives off it's fragrance
even to the hand that crushes it."
money chain was a big thing in india few years back but then people started understanding it, thanks to newspapers.. they played a big role...
besides , companies like amways and all, introduced products in the market which are really unwanted... like so many beauty products and dental products..
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