The biggest ongoing financial scam

All discussions on retail investment products are focused on insurance, various mutual schemes, stocks and fixed income products. How naïve. Well, the big (untold) story of retail financial products is somewhere else, not in these regulated products. It is the widespread menace of chain-money schemes, or multi-level marketing (MLM) or pyramid schemes. As we know, the game is to enroll more and more members who would send money up the chain to a few privileged...

Read Full Story>>