Author Topic: 12 Daily Pro - Obviously a scam, but how to prove it? (Read 4027 times)

Ed_McCarron · « **on:** January 03, 2006, 08:41:41 am »

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 · « **Reply #1 on:** January 03, 2006, 08:52:26 am »

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 · « **Reply #2 on:** January 03, 2006, 08:57:43 am »

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 · « **Reply #3 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?

paigeoliver · « **Reply #4 on:** January 03, 2006, 09:06:01 am »

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?

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.

ChadTower · « **Reply #5 on:** January 03, 2006, 09:09:50 am »

I hear the center of the universe is a giant drain put there by Ted Kennedy.

paigeoliver · « **Reply #6 on:** January 03, 2006, 09:16:10 am »

Also, not to mention the fact that anybody genius enough to REALLY be able to get 44 percent in less than two weeks would (in the beginning) take out massive loans left and right, larger and larger because repaying a loan at 5 percent is easy when you are getting 502,000 percent interest on the money.

And actually that is closer to what is really going on. Company owner is going to vanish with more money than anyone else involved.

Checking an entire forum dedicated to that scam I would say that time is about here.

ChadTower · « **Reply #7 on:** January 03, 2006, 09:23:23 am »

Quote from: paigeoliver on January 03, 2006, 09:16:10 am

And actually that is closer to what is really going on. Company owner is going to vanish with more money than anyone else involved.

This happens in any company anywhere.

Ed_McCarron · « **Reply #8 on:** January 03, 2006, 09:24:25 am »

"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."

Tried that angle. He's either blind to common sense or really doesn't understand the math behind it.

"Checking an entire forum dedicated to that scam I would say that time is about here."

Link? I'd hate to see the guy get totally bit. He's 9K into it already - and my arguments that "No, if you've kept 'reinvesting', then you haven't made any money" aren't sinking in.

I may just have to let him go down in flames as a life lesson.

ChadTower · « **Reply #9 on:** January 03, 2006, 09:29:20 am »

$9000?

Clearly, he's not terribly smart.

He's going to go down in flames no matter what. If it's not here it will be elsewhere.

paigeoliver · « **Reply #10 on:** January 03, 2006, 09:31:33 am »

He is a rube. He will get taken over and over again for the rest of his life. Unfortunately there isn't much you can do about it.

ChadTower · « **Reply #11 on:** January 03, 2006, 09:34:19 am »

Can I have his phone number?

DrewKaree · « **Reply #12 on:** January 03, 2006, 09:50:08 am »

Screw that. Show him the PSP thread. I have a standing offer, and if he's one of the first few, there's a fantastic investment opportunity for him. Something just opened oceanside near the Eiffel Tower in ND that I have a feeling he may want to snap up.

TMS · « **Reply #13 on:** January 03, 2006, 09:50:28 am »

Well you could just tell him to look at the site FAQ's. I would never invest a dime in a company that has this on their website

Quote

:: What happens if 12daily Pro goes out of business?
We anticipate a long and lucrative life for 12daily Pro.com. However, if there comes a time when we feel it necessary to change our rates or to close our business completely, we promise to give you as much notice as we possibly can. We will also do everything we can to payout all outstanding balances should that occur.

DrewKaree · « **Reply #14 on:** January 03, 2006, 10:01:49 am »

That would just lead this guy to think they're an honorable company and "really trying"

ChadTower · « **Reply #15 on:** January 03, 2006, 10:02:15 am »

They are really trying. Just not for him.

DrewKaree · « **Reply #16 on:** January 03, 2006, 10:05:14 am »

So am I, but Ed doesn't seem to be directing him to my sure-fire money-making opportunity

Ed_McCarron · « **Reply #17 on:** January 03, 2006, 11:08:55 am »

Quote from: DrewKaree on January 03, 2006, 10:05:14 am

So am I, but Ed doesn't seem to be directing him to my sure-fire money-making opportunity

Drew, I would trust your money-making scheme about as much as I would trust you to stand behind me with a rubber glove and a tube of KY.

Not a chance of either one happening.

ChadTower · « **Reply #18 on:** January 03, 2006, 11:10:35 am »

How about a rubber boot and some grape jelly?

DrewKaree · « **Reply #19 on:** January 03, 2006, 11:23:40 am »

What's not to trust in that grape jelly scenario?

I can understand the other thing. He's just been too battle scarred with his encounters with Bones to trust anyone standing behind him ever again, but who could possibly have a problem with grape jelly?

Ed_McCarron · « **Reply #20 on:** January 03, 2006, 11:30:43 am »

Quote from: DrewKaree on January 03, 2006, 11:23:40 am

encounters with Bones to trust anyone standing behind him ever again

1) I've never been to Australia.
2) So THATS what they mean by down under...

DrewKaree · « **Reply #21 on:** January 03, 2006, 11:32:50 am »

Quote from: Ed_McCarron on January 03, 2006, 11:30:43 am

Quote from: DrewKaree on January 03, 2006, 11:23:40 am
encounters with Bones to trust anyone standing behind him ever again

1) I've never been to Australia.
2) So THATS what they mean by down under...

Chad, grease 'er up. He didn't say no to the grape jelly

ChadTower · « **Reply #22 on:** January 03, 2006, 11:34:18 am »

Like that would have mattered.

The grape jelly isn't for him, it's for my toast. I get hungry after putting a boot in someone's ass.

Ed_McCarron · « **Reply #23 on:** January 03, 2006, 11:35:17 am »

Sadly, I am pectin-intolerant.

EDit: That theres a line to run with...

Ed_McCarron · « **Reply #24 on:** January 23, 2006, 07:35:33 am »

Dragging up an old thread...

The --daisy-- made $1k. Guess he got in early enough to get some cash before the whole house of cards collapsed.

Now I've got to put up with him gloating.

ChadTower · « **Reply #25 on:** January 23, 2006, 09:17:29 am »

$1000 in total profit, or just got back $1000 of his capital?

DrewKaree · « **Reply #26 on:** January 23, 2006, 10:16:00 am »

Quote from: Ed_McCarron on January 23, 2006, 07:35:33 am

Dragging up an old thread...

The --daisy-- made $1k. Guess he got in early enough to get some cash before the whole house of cards collapsed.

Now I've got to put up with him gloating.

No you don't. You know as well as I do that the asshat will stick money back into some scam like this again and lose all that and more. Tell him about my beachfront investment property in North Dakota. I'll kick you back a finder's fee

ChadTower · « **Reply #27 on:** January 23, 2006, 11:07:29 am »

A guy named Lex Luthor once sold me about $50,000 of desert property in Nevada saying that it would be beachfront one day. I'm not sure what he means, but when it happens, I'm gonna rake it in.

RayB · « **Reply #28 on:** January 23, 2006, 12:26:25 pm »

I've been seeing commercials on TV for land somewhere int he US that's supposedly going to be "the hot vacation resort". Yet all the shots in the commercial look like swamp land. Talk about ballsy taking this to national TV.

Oh sorry. Off-topic, eh?

ChadTower · « **Reply #29 on:** January 23, 2006, 12:33:55 pm »

While ballsy, keep in mind that many of the LARGE attractions, including sections of Disney itself, were built on what was once swamp land.

paigeoliver · « **Reply #30 on:** March 01, 2007, 01:24:01 am »

Sorry to dredge up an old topic, but.

Quote

UPDATE: SEC shuts down 12dailypro.com; Federal court appoints receiver to take control of assets. The U.S. Securities and Exchange Commission alleged that Charis F. Johnson of Charlotte, North Carolina, 33, raised more than $50 million from more than 340,000 investors worldwide by convincing visitors to the Web site that they could earn a 44% return on their investments in 12 days by looking at Internet advertisements.

It always happens.

danny_galaga · « **Reply #31 on:** March 01, 2007, 06:02:23 am »

bloody hell! welcome back paige! we missed you (",)


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