Saturday, 23 January 2016

The Definition of a PONZI

The Definition of A Ponzi Scheme from Wikipedia:

'A Ponzi scheme 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 by the operator. 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...'

All the scams listed on this blog fall into this definition.

Every single Ponzi makes the people at the top of the pyramid money...
Every single Ponzi makes the people at the bottom
of the Pyramid lose it all...

'Zeek Rewards' receivers have started clawing back the gains made from people who 'earned' their fortune.

'Banners Broker' receivers will also start to do this in due course.

All these schemes are now gaining the attention of the Authorities world wide. We will never eradicate them, but if we can stop people joining in the first place, then all our hard work has been worthwhile.


  1. Yeah Chris and Raj from Banners Brokers deserve what they got coming to them. They stole my money and left me devastatedly broke.

    1. Have you applied to the Liquidators?

  2. OH Tara here is another that I believe is a scam someone wants me to join and put 500 hundred dollars up: mmmglobal Please let me know. This guy seems to find scam after scam.

    1. So many little time!

  3. You may also like to read there modus operandi with screen shots and facts and how to avoid them here ... Please share.. Qnet Scam in India (
    (Ashwin Baluja is kingpin in Delhi)


    Interesting read about TM customer support


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