Pharaoh
Brigadier General
- Messages
- 20,316
It will end very badly in 4 ways.
First, the majority of people put a small amount in to test a ponzi. If they get paid regularly for a few months, then they put in more. Very few people are smart enough to withdraw all of their initial investment before throwing more money in.
Second, those those who know how to play HYIP and Ponzi games (get in early and pray you get more than your deposit before it collapses) sooner or later will end up facing a clawback order from a judge. After all, just because you were in 6 months and ended up with 50% on top of your money doesn't mean the person who invested the day before deserves nothing. In cases like this, the proceeds from dismantling the criminal organization are divided proportionately among the victims based on how much they deposited, not how long they deposited.
Third, if you actively recruit for your favorite Ponzi or HYIP (and many pay generous bones for this), the people you recruit will all be well within their rights to sue you, since you should have known better.
Fourth, many active recruiters know it's a scam and some even have a rough idea of the lifespan. When the cleanup comes, you may find yourself on the receiving end of an arrest warrant.
Every deposit into a scam like this extends it's life. I would sincerely hope that no FPA member would actively want to profit from helping a criminal organization last longer and get more victims. If you are that desperate for money, why hide under the mask of an investor and instead go out and steal the money directly?
First, the majority of people put a small amount in to test a ponzi. If they get paid regularly for a few months, then they put in more. Very few people are smart enough to withdraw all of their initial investment before throwing more money in.
Second, those those who know how to play HYIP and Ponzi games (get in early and pray you get more than your deposit before it collapses) sooner or later will end up facing a clawback order from a judge. After all, just because you were in 6 months and ended up with 50% on top of your money doesn't mean the person who invested the day before deserves nothing. In cases like this, the proceeds from dismantling the criminal organization are divided proportionately among the victims based on how much they deposited, not how long they deposited.
Third, if you actively recruit for your favorite Ponzi or HYIP (and many pay generous bones for this), the people you recruit will all be well within their rights to sue you, since you should have known better.
Fourth, many active recruiters know it's a scam and some even have a rough idea of the lifespan. When the cleanup comes, you may find yourself on the receiving end of an arrest warrant.
Every deposit into a scam like this extends it's life. I would sincerely hope that no FPA member would actively want to profit from helping a criminal organization last longer and get more victims. If you are that desperate for money, why hide under the mask of an investor and instead go out and steal the money directly?