Author Topic: Juan Hundred (A Ponzi Scheme?) (Read 1089 times)

kimerran · « **on:** Jul 17, 2012, 11:08 AM »

I am smelling a ponzi scheme on this one...

http://www.juanhundred.com/details.php

george88 · « **Reply #1 on:** Jul 17, 2012, 11:46 AM »

Ireport na yan

ghanie · « **Reply #2 on:** Jul 17, 2012, 02:05 PM »

Ano to? Filipino stle na HYIP?

jumi07 · « **Reply #3 on:** Jul 17, 2012, 04:55 PM »

grabe. garapalan naman tong scam na to. anong product nila? reffer reffer lang?

drenevich · « **Reply #4 on:** Jul 17, 2012, 09:20 PM »

Hindi yan Ponzi scheme, kasi ang ponzi meron fixed yield. yan ang tinatawag na legitimate pyramiding! walang produkto. garapalan.haha. natawa ko nung nakita ko yung site. Ang kakapal ha. May mga pangalan pa nila dun sa mga bank accounts. Di na nahiya.

Mark Terrence Cancino BPI account # 0466-2955-46
Union bank account # 1094-5152-5577
Christian Espejon

Panawagan sa mga nagtatrabaho sa BPI at Union bank. Makikita nyo pagmumukha ng taong to.

ghanie · « **Reply #5 on:** Jul 17, 2012, 09:27 PM »

^Nagtataka lang ako kasi buti pa yun mga HYIP, may sugar coarting hehe. Sila wala man lang.

Napaka-vague ng FAQ nila.

Market_Market · « **Reply #6 on:** Jul 18, 2012, 01:54 AM »

^
Ano po yung meaning ng HYIP?
Sorry po tinamad ako mag search.

missreese · « **Reply #7 on:** Jul 18, 2012, 06:23 AM »

HYIP - High Yield Investment Program

Prospera · « **Reply #8 on:** Jul 18, 2012, 07:32 AM »

The acronym HYIP stands for High Yield Investment Programs. These are schemes that offer astounding returns for minimal amounts "invested." Eventually, they fold up since they don't generate income from any kind of business activity but simply pay members from the funds collected from other "investors" (google "Ponzi" for a more detailed explanation).

I took a look at the power-point presentation of Juan Hundred and found out that they do have products being offered (e-books). Kaya lang, parang these were added on almost like an after-thought. Mas highlighted 'yung concept ng pagkita ng malaki from one's network of referrals.

It's sad but HYIPs thrive because people tend to be forgetful, naive, desperate, or greedy. I'm sure we won't see the end of them anytime soon.