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Is this legal?

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Enquirer

Is this legal?

Postby Enquirer » Mon, 11 Jul 2005 9:03 am

To register in http://www.studiotraffic.com and start work what they say is legal in singapore?

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Strong Eagle
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Postby Strong Eagle » Mon, 11 Jul 2005 9:44 am

It probably qualifies as legal under Singapore law as I read them. There is no forced buy in. The website advertises its "product" as opposed to telling you how rich you will get. But, it is very close to the line with its testimonials, and it is nothing more than a Ponzi scheme.

This is truly a sucker's game. You get 1 percent of your "deposit" when you surf. At the $10 level, you'll get 10 cents per day, or 3.00 per month. If you put $1000 in, you'd get $10 per day.

Where do you think this money comes from? It comes from the other suckers who put their money into the scam in hopes of getting bigger daily profits. No legitimate company would pay good money to have its website "autosurfed". That's garbage. That's a Ponzi scheme. Taking money from later "investors" to pay off the earlier ones.

dumbledore
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Postby dumbledore » Tue, 12 Jul 2005 6:39 pm

it sounds logical, but how abt that company getting money from advertisement?


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