Pabular WRAscam

KATE RAMOS PABULAR WATCH, REACT, APPLY SCAM
The central theme of the videos centers on the lesson titled "investment and pyramiding
scams." The initial video extensively covers pyramiding schemes, characterized as dishonest
methods of making money that depend on recruiting an increasing number of "investors" in a
pyramid structure. The scam, aptly named a "pyramid," involves the original promoters finding
investors who, in turn, recruit additional investors. The failure of pyramid schemes often occurs
when the pool of potential recruits diminishes due to the need to continuously enlist new
members for revenue generation, known as market saturation. As highlighted in the second video,
financial scams, such as pyramiding, may not physically harm individuals, but they can have
severe psychological impacts, affecting dreams, hopes, and confidence in long-term savings and
investing. The video also identifies the top 10 scams in the Philippines, including the BANCAP
scam and ONLINE SCAMS like Frank Swiss and Deutch Franks, each with significant known
losses. The scams relied on luring fresh victims, charismatic leaders, greed, and misplaced trust.
The subsequent video specifically focuses on pyramiding schemes, reiterating their deceptive
nature and the reliance on recruiting new investors. These schemes may involve or exclude the
sale of goods or distributorships, often using these elements to feign legitimacy and bypass
regulatory bodies, despite being considered illegal according to state laws.
To use marketing techniques where the opportunity of making money is more likely to come
from drawing in new investors than from selling products. In all pyramid schemes, however, the
acquisition of new investors ultimately matters far more than the marketing of a commodity itself.
In a traditional pyramid scheme, new members receive perks unrelated to the selling of goods or
services in exchange for paying a fee that grants them the right to sell the goods or services and
the power to recruit new members into the plan. Often, the unsalable goods or services that the
victim is forced to purchase are not repurchased by the promoters of the pyramid scheme.Greedy
pyramid scheme participants usually know they are not allowed to participate in them. They
nevertheless participate in the schemes in the expectation of making money from them. But the
end of a pyramid scheme is inevitable. Most investors lose all of the money they placed in the
plan, and at most, a small group of people—usually the promoters—walk away with a sizeable
quantity of money. Actually, the only way these pyramid schemes could be profitable was if
other people were duped into giving up money on the false assumption that they would get it
back. Pyramid promoters usually target close-knit groups such as sports teams, religious or social
organizations, and college students in order to increase the pressure on members. These clubs or
programs are typically presented to these investors with assurances that they are fully legal and
recognized by the Internal Revenue service or a Certified Public Accountant. Some pyramid
schemes are given attractive titles, such as as "investment clubs" or "gift programs." Some even
make it clear up front that they're not pyramid schemes. By signing waivers, members of these
clubs or programs are expected to describe their contributions as "unconditional gifts.The last
video is all about how to avoid these investment scams. Investors who genuinely believe the
goods or services the promoters sold them are genuine will eventually come to the conclusion
that they were duped. Promoters don't realize they've taken part in an illegal pyramid scheme
until these goods and services become unsellable, and they will not repurchase them. The truth is
that by giving these "gifts," everyone implicitly expects those at the bottom of the pyramid to
reciprocate. Making an unqualified gift is not the goal. As a result, these people may be breaking
tax laws in addition to engaging in unlawful pyramid schemes.
The five-minute video is incredibly educational and useful in preventing scams.

Additionally, I've read the website mentioned below. this reflection paper, and I'll provide a
synopsis of the website's fraud prevention tips. Get as much information as you can about the
company, its leaders, and its products/services first. Obtain written copies of the company's
marketing plan, sales materials, and contracts. Steer careful of promoters that don't fully and
understandably lay forth their strategies. Pay close attention to the company's written papers,
especially the prospectus. A legal document known as a prospectus informs potential investors
about a company. Ask a someone who isn't connected to the company to clarify anything you
don't understand. Next, determine whether there is a market for the goods or services. Is there a
comparable product or service on the market? How well does it sell, if so? Avoid the promoters
if it appears that they are relying heavily on selling new recruits distributorships or substantial
start-up inventories. Third, ask if becoming a distributor requires you to purchase a product. Find
out if the business will purchase your inventory back before you are stuck with unsold goods.
Genuine businesses will purchase your stuff back for at least 80% to 90% of what you paid.
Make a list of all pledges. Fourth, proceed with prudence if the startup costs are considerable.
When you spend a significant amount of money, what do you get in return? of money to become
a "distributor" in such pyramid schemes? Claims of simple, quick, and unreasonably large profits
should be avoided. Lastly, in the event that the distributorship is sending a product to be used in
the production of a finished good, ensure that everything you provide reaches the final maker.
When you call or visit the manufacturer, try to get a list of its customers. Give the customers a
call and find out if they are satisfied with the merchandise. Refrain from investing merely
because a friend or a member of your social or religious group is pitching the program to you. It's
possible that they were duped into thinking they could quickly make a lot of money.
https://ag.ny.gov/consumer-frauds/pyramid-
schemes#:~:text=A%20pyramid%20scheme%20is%20a,the%20number%20of%20investors%20
increases.

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KATE RAMOS PABULAR WATCH, REACT, APPLY SCAM

The five-minute video is incredibly educational and useful in preventing scams.

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