xtreme2k1 Posted July 7, 2007 Share Posted July 7, 2007 musta mga members nito. nabawi na ba investment niyo? Quote Link to comment
-wasted- Posted July 7, 2007 Share Posted July 7, 2007 wla na ba feed back d2?hehehe..pinapautang ako ng boss ko ng 1,000USD para mag invest d2..buti di ako pumayagg..it seems i made the right decision Quote Link to comment
ipgus Posted July 7, 2007 Share Posted July 7, 2007 correct me if i'm wrong bakit parang abs-cbn lang ang nagbabalita tungkol dito? Quote Link to comment
dyodyo Posted July 7, 2007 Share Posted July 7, 2007 kindly expound on what you mean by nagkakahulian???? Coz here in our place, 2 of my friends are conveniently earning 45 dollars a day ... Di pba clear sayo mga nangya2ri parekoy? or gus2 mo pang antaying me mahuli sa inyo jan bago ka maniwala? nsa NBI custody na ang top earner nito & lahat ng earners dito nilabas na sa media ang mga fullnames... too bad for them & for their families... ask your friends how they withdraw their " conveniently earnings na 45 dollars a day " now coz i believe down na ang website now & kung mag up man wala ng nare2lease na cash now.. Quote Link to comment
dyodyo Posted July 7, 2007 Share Posted July 7, 2007 yan ang hirap sa ating mga pinoy pag may nakitang umaangat na iba pilit hinahatak pababa!!!crab mentality nga!!!AS OF NOW WALA ANG SITE NG FRANCSWISS...HOPEFULLY MAIBALIK PA RIN... masyado kasing sumikat kaagad ayan daming bumatikos...sana mawala na sa ugali natin ang pagiging crab mentality at pakialamero... its not being crab mentality bro, its more on " financial literacy "... if illegal ang system defintely it will not grow sa gusto natin... Quote Link to comment
zeromike22 Posted July 7, 2007 Share Posted July 7, 2007 Di pba clear sayo mga nangya2ri parekoy? or gus2 mo pang antaying me mahuli sa inyo jan bago ka maniwala? nsa NBI custody na ang top earner nito & lahat ng earners dito nilabas na sa media ang mga fullnames... too bad for them & for their families... ask your friends how they withdraw their " conveniently earnings na 45 dollars a day " now coz i believe down na ang website now & kung mag up man wala ng nare2lease na cash now.. one of my friends has withdrawn while the other has not.. bottomline, they have earned :) Quote Link to comment
blackthunder Posted July 8, 2007 Share Posted July 8, 2007 naka bail na si castillo, nasa singapore na. what then? Quote Link to comment
grovel Posted July 9, 2007 Share Posted July 9, 2007 I wanna hear from people na nagtatanggol dito dati. The fact that its a scam is so obvious. Problem is filipinos always become victims in this situation because being in a third world country we're prone to people who think and know we want quick-rich schemes. dami tuloy nabibiktima. ang sama dito yung ibang tao naghanap pa ng karamay. kasi may 10% na commission for every referral ba naman dumami tuloy lalo ang naapektuhan. Quote Link to comment
dyodyo Posted July 9, 2007 Share Posted July 9, 2007 one of my friends has withdrawn while the other has not.. bottomline, they have earned :) What about the people who invested but nothing happens?.. right? Worst they can't withdraw now their investment/s... tsktsk.. Quote Link to comment
simpatiko Posted July 9, 2007 Share Posted July 9, 2007 Its just like a car...Park at your own risk. ganun talaga alam naman natin nasugal yun eh. Ang masama lang talaga dun sa mga ingitero sa lipunan na nagpabagsak dito. Wala ng sisihan nangyari na ang nangyari lalo lang malulungkot yung mga di kumita. Quote Link to comment
boy popoy Posted July 9, 2007 Share Posted July 9, 2007 Its just like a car...Park at your own risk. ganun talaga alam naman natin nasugal yun eh. Ang masama lang talaga dun sa mga ingitero sa lipunan na nagpabagsak dito. Wala ng sisihan nangyari na ang nangyari lalo lang malulungkot yung mga di kumita. this was not stopped because of jealousy. it was stopped to protect people from being taken advantaged of. how can you support something like this knowing that your earning at other peoples expense? Quote Link to comment
Fusarium_jimini Posted July 9, 2007 Share Posted July 9, 2007 (edited) I wanna hear from people na nagtatanggol dito dati. The fact that its a scam is so obvious. Problem is filipinos always become victims in this situation because being in a third world country we're prone to people who think and know we want quick-rich schemes. dami tuloy nabibiktima. ang sama dito yung ibang tao naghanap pa ng karamay. kasi may 10% na commission for every referral ba naman dumami tuloy lalo ang naapektuhan. Agree, lahat naman ng nag-iinvest sa ganitong scheme have this "get rich quick by dragging the suckers in" mentality. I mean, if not, how can one expect to earn from his/her investment if he/she won't/can't recruit people as downlines? :thumbsdownsmiley: Reminds me of the movie "Boiler Room"; though there is a difference in the way people were skimmed of their moolah, the selfish intent is the same... Its just like a car...Park at your own risk. ganun talaga alam naman natin nasugal yun eh. Ang masama lang talaga dun sa mga ingitero sa lipunan na nagpabagsak dito. Wala ng sisihan nangyari na ang nangyari lalo lang malulungkot yung mga di kumita. Ganitong linya din ba hirit mo sa mga recruits mo? I bet you have to sugarcoat everything to your potential recruits Sa yo na rin galing na sugal ito, so how can outside influence (SEC/government, inggiteros,etc.) cause its downfall? And people correct me if I'm wrong, pero diba pinagbabawal na sa batas ang "pyramid schemes", ergo, kaya nga considered scam na ito? peace! :mtc: Edited July 9, 2007 by Fusarium_jimini Quote Link to comment
CodenameV Posted July 10, 2007 Share Posted July 10, 2007 I was reading about Ponzi schemes in Wikipedia and I was quite surprised at the similarities between the example and Francswiss. An advertisement is placed promising extraordinary returns on an investment – for example 20% for a 30 day contract. The precise mechanism for this incredible return can be attributed to anything that sounds good but is not specific: "global currency arbitrage", "hedge futures trading", "high yield investment programs", or similar. With no proven track record for the investors, only a few investors are tempted, usually for smaller sums (say $5,000). Sure enough, 30 days later, the investor receives $6,000 – the original capital plus the 20% return ($1,000). At this point, greed starts to overcome reason: the investor will put in more money, and, as word begins to spread, other investors grab the "opportunity" to participate. More and more people invest, and see their investments return the promised large returns. The reality of the scheme is that the "return" to the initial investors is being paid out of the new, incoming investment money, not out of profits. There is no "global currency arbitrage", "hedge futures trading", or "high yield investment programs" actually taking place. Instead, when Investor D puts in money, that money becomes available to pay out "profits" to investors A, B, and C. When investors X, Y, and Z put in money, that money is available to pay "profits" to investors A through W. Quote Link to comment
CodenameV Posted July 10, 2007 Share Posted July 10, 2007 (edited) continued... One reason that the scheme works so well is that early investors – those who actually got paid the large returns – quite commonly reinvest (keep) their money in the scheme (it does, after all, pay out much better than any alternative investment). Thus those running the scheme don't actually have to pay out very much (net) – they simply have to send statements to investors that show how much the investors have earned by keeping the money in what looks like a great place to get a high return. The catch is that at some point one of three things will happen: a. the promoters will vanish, taking all the investment money (less payouts) with them; b. the scheme will collapse of its own weight, as investment slows and the promoters start having problems paying out the promised returns (and when they start having problems, the word spreads, and more people start asking for their money); or c. the scheme is exposed, because when legal authorities begin examining accounting records of the so-called enterprise, they find that much of the "assets" that should exist, do not. Edited July 10, 2007 by CodenameV Quote Link to comment
roaddog z Posted July 10, 2007 Share Posted July 10, 2007 I know of some people that got duped into this as well. . .You earn at the start and then lose it all in the end :thumbsdownsmiley: Quote Link to comment
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