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12 Daily Pro - Obviously a scam, but how to prove it?

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Ed_McCarron:
I'm getting tired of a friend trying to get me to sign up for this crap.  Its obviously a pyramid scheme, but all the sites I point him to are kinda wishy-washy and just look like people out for personal vengeance or something.

Is there a definitive listing somewhere of all these scams???

I figured the trade commission or somesuch would have something, but I'm not having much luck.

DrewKaree:
Just point out the obvious parallels to every OTHER pyramid scheme and tell him you weren't the second person to ever buy into it, so you have no faith that you'll make a dime.  Then tell him that the day he starts his OWN pyramid scheme, you'll be his first recruit if he'll have you.

Then hit him with an old gym sock from Bones' dirty laundry basket and run away hooting like Daffy Duck.  If that DOESN'T get him to leave you alone, he's not really your friend ;)

paigeoliver:
Easy, it is called math. Anyone who can make a 44 percent return on an investment in ten days (more than most investors get in 5 years), doesn't need your money.

Note, if that company could actually provide those returns then the owner wouldn't need your money, as they could invest $1000 of their own money and have $1,500,158,654.00 at the end of one year.

Yes, a billion and a half dollar return after one year. By the end of the second year they would own the weight of the entire planet in gold. By the end of the third year the weight of the sun. By the end of the 4th year they would own the entire universe.

Seem crazy right? That is EXACTLY what 44 percent returns in 10 days scales to over time.


Ooops, sorry math was wrong initially.

$1000 scales to $502,400,097 in one year, $363,464,436,171,897 in two years and $262,950,578,418,056,539,307 in 3 years. They still own the universe around the end of the 4th year.

ChadTower:

I don't think the sun actually has any mass, though.  Plus, how do you weigh something in space?

paigeoliver:

--- Quote from: ChadTower on January 03, 2006, 09:01:20 am ---
I don't think the sun actually has any mass, though.  Plus, how do you weigh something in space?

--- End quote ---

The sun actually has a whole lot of mass.

It has a lot of weight too, but the things effecting its weight are even more massive (center of the galaxy).

Our mass is drawn to the mass of earth. The gravity is the measure of the pull. The earth's mass is drawn to the sun, it has a stable orbit which keeps it from falling it. While our sun has a longer more complex orbit around the center of the galaxy, which itself is affected by other galaxies.

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