I am going to tell you a real story of a guy who lost his money in a fake multi level marketing scam. The boy came in contact with some people who claimed to have been earning huge sum of money from a multi level marketing. He also got lured by them. In that MLM business the members had to join other members and to form legs and keep buying from their stores. The earning depended upon the total amount of purchase that one does including the purchases of those who are in his legs. So, in order to earn more he started buying more and more even if he had no requirement of that product. He used to buy just to create his earnings that was just a small percentage of total purchase. Not only this, he also bought for others who were in his legs and also paid for making new members. He stopped his college and was doing this as full time. The money was paid by his parents. The guy also tried to lure his friends to become a member by telling them that he has got cheques from the company but no one was lured as they wanted to see the cheques with their own eyes.
The reason behind the guy's blind faith towards the company was the seminars that it used to conduct where it motivates them to be a member and make other members and buy as much as they can. The company introduces them to some who became rich with this MLM business.
Now the boy lost more than 3 lakh rupee and has now left that MLM business. He is again trying to study to get a simple job.
Monday, 21 November 2011
Fake Multi level Marketing, MLM Real Story
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