Ponzi Scheme - An Overview

As explained over MAPS does not have or own any unregistered securities since it does not maintain funds being invested on behalf of it’s customers or clients.

After you see ads for any large enterprise It's going to be an individual affiliated with that corporation wanting referral Fee if u obtain.

Problems getting payments. Be suspicious If you don't receive a payment or have problems cashing out your investment.

The only types purchasing them are definitely the individuals on their own. So the full amount of money MAPS pays OUT (withdrawals) will probably be restricted to the amount the traders have brought IN them selves from the surface.

This is certainly the trouble when somebody does not join MAPS and thinks they know each of the information. In cases like this it's got guide you to definitely Believe one thing is worthless without the need of recognizing or possessing the accurate specifics at hand, like I do.

Seemingly Mike Deese has a company sponsor that provides in a substantial volume but doesn’t say who it really is? Substantial pink flag!!!

you've yourself explained an investment decision deal, and that is a safety. MAPS just isn't registered With all the SEC to provide securities. This can be fraud one.

Genuine revenue gained’t require any “withdrawal requests” in advance of it can be utilized to buy a little something. You'll be able to always use it DIRECTLY to buy goods or to pay for expenses.

Exhibit A: Maps organization product. They take new affiliate investment and use it to repay existing investors.

Simply because both equally The big apple’s Southern District and Japanese District are crucial centers of prosecutions towards U.S. financial fraudsters, the proposed TelexFree course-action — now transferred to Massachusetts federal court — leads to questions on no matter if get more info other “programs” for instance MAPS could turn into the topics of prosecutions.

Whenever your Buddy claims “I don’t know exactly where he bought that from”, that’s learn more an admission he can't explain the blatant Ponzi components of the company. It’s a strawman attempt to problem the source of the write-up as opposed to to address the fabric itself.

Mike Deese is a good learn more here human being.. I used to be always aware about Stepys but I've noticed his teaching and how he has aided a great number of realize… he isn't a scammer.

Please will not get my word for it, go and read about it around the SEC Web site about what “unregistered securities” are due to the fact if you probably did your investigation like I did, you would are aware that MAPS just isn't advertising any unregistered securities.

The purpose of delaying withdrawals is to verify plenty of revenue is coming IN initially just before paying nearly anything OUT. So it is best to watch out for adjustments.

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