[wilsonx]

Cant seem to edit 1st post due to word limit, shall update here instead

Scam no.7 : Pyramid/ponzi schemes.

I've met some people promoting this thing called market amercia shop.com. Basically they say they have liason with companies to sell their products on the website, like amazon .
You can get a cut of the share by being a 'franchise' owner, meaning you set up your own account to help sell stuff.
Not sure how reliable it is, but it definitely seems like a Multi-level marketing scheme (a.k.a pyramid scheme) which the top few people earns by pulling ppl into the chain.
So far they have been able to sustain their growth by expanding to other countries such as taiwan. coming to SG soon. So i would like to caution fellow SBF people about any 'lucrative' business proposals introduced to you online.
Those who introduce it to you might just be gullible victims of this scam.