THE SCAM CHECK
22 November 2016
21 January 2017
These days, referral marketing businesses are shooting up like mushrooms. Every day I’m inundated with enquiries from members wanting to know if this or that operation is legal or not. I can’t always comment on the enquiries because I do not always have the full information on these operations.
In anyway, it’s every individual’s own legal duty to determine whether a scheme is a pyramid/ponzi scheme or not, and for this purpose I compiled a few pointers to help you spot the difference between legal and illegal operators.
A LEGAL referral marketing business:
1. Sells real products or services.
2. Pays affiliates a commission on the products and services sold to their referrals.
3. Trades from a registered office.
4. Trades in a registered entity like a company, trust or corporation.
5. Their operations are monitored, controlled or regulated by a controlling body or authority. For example: Treoc Way service providers are registered or affiliated with CIPC, Blockchain, London Bullion Market Association, the Financial Services Board, the Fiduciary Institute, the Accounting Association and the Estate Agencies Affairs Board.
6. The directors of the affiliate companies are registered, known and reachable. They’re not just faceless fake names on a website.
An ILLEGAL operator:
When one or more of the 6 characteristics above are not present, the operation is most probably a pyramid or ponzi scheme or scam.
TREAD VERY CAREFULLY
Okay guys, now you know why most of the “get rich quick” schemes are illegal – and don’t forget, if you participate in an illegal scheme: in the eyes of the law you’re just as guilty as the operators and all your assets can be forfeited to the government when the “wheels” come off. You can even go to jail!
A very important principle in law says; “Ignorance is no excuse in the eyes of the law”.
RATHER STICK TO THE PROVEN ONE
Rather stick with Karatbars International is the brain child of a man named Harald Seiz who launched this company in 2011 and specializes in selling small gold bars and gift items in gold bullion.
Don’t forget; you still have to do your own due diligence … even on the Karatbars, because you and you alone are responsible for results or consequences!
For more info on the Karatbars Gold Saving Account just click on the link below & SUBSCRIBE FOR FREE to get FULL INFO and TRAINING.
1. STEP BY STEP ON HOW TO SAVE IN GOLD
http://bit.ly/UltimateSolutionGoldIsPower
2. REGISTRATION LINK
michaelmothudi 
Leave a comment