I’d like to know how I can raise a dispute with Paypal in order to get
my money back from AdRaker? I have been waiting patiently to see
if they’d come back but I’m convinced they’re gone forever. Please help me.
Ponzi’s work like this:
Someone joins but first the person must invest say $500 dollars. This person becomes what is called a “sponsor”. The investment company they joined now tells them its time to make some money and to do so they must recruit other members to join the program. Each member who joins must also pay $500 dollars. When this member joins the program typically the “sponsor” will get %10 - %20 of there money back while %80 percent (typically) goes to the program owner. As you can see this has a serious problem when you think logically. If no one joins the program then no one gets paid. The obvious way to tell Ponzi’s from legit programs is typically they only accept E-Gold. E-gold does not allow transactions to be reversed which means once the money is sent it gone forever. Adraker accepted Paypal which is one of the reasons I invested. I knew if it was a Ponzi I would get my money back. I feel as though I got burned but at least they did refund my money so I have to give them that much.
I hope this sort of helps you understand what Ponzi’s are. Remember that HYIP’s (Ponzi’s) are illegal within the states so if you do live here be careful. There has never be a direct case of uncle Sam going after HYIP investors but then again anyone could turn out the be the “example case”.
Take Care
BK
]]>Just wondering who is the owner now? I know the CEO “died”?
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