I've recently joined JBP and I like the concept, I've even talked about it in my latest hub. How do you feel about similar sites and generally about the concept of making money online?
It looks like a ponzi scheme to me.
The program doesn't offer anything of value - it just encourages people to sign up, then you make money by signing up other people under you.
The only thing offered is a way to empty pockets of 10 bucks real quick. These sites make me laugh.
What Part Of HA HA HA HA... Don't you understand?
Why are you risking your place here for SPAMMING the forums and opening threads with BS Promotions like this?
Right now you are Breaching the TOS at HubPages for the sake of a pyramid scheme.. Why not just get a job?
If you were a member of Just Been Paid, you would know that it is not a pyramid scheme. You do not need a downline of any kind. It is just a fun way to make money at noone's expense. Not all of of can get jobs or even want to be tied down by one.
Just been paid IS a Ponzi scheme. According to the SEC (and I quote)
What is a Ponzi scheme?
A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity.
I did a huge writeup about this particular scam and the reported owner on this on by no scams blog. When it walks like a scam and smells like a scam it's a scam. These programs have no business here on Hubs because they are filled with lies and false promises and people go to jail over these things.
By the way, here's someone who has done EXTREME research on the founder of this particular scam, Frederick Mann. It's worth the read. This guy (Patrick Pretty) is REALLY GOOD!
http://www.patrickpretty.com/?s=frederi … ;submit=Go
by Marc Woodard 10 years ago
This Exerpt taken from my hub "A Stern Message to our Health Reform Politicians""They steal our tax dollars without representation, run up debt in back room deals and God knows if our GDP will be enough to clean up our debt even within a hundred years. You see if Bernie Madoff would...
by ptosis 3 years ago
Why is Social Security not a Ponzi scheme? Or is it?A Ponzi scheme is a fraud. Nobody is being misled by SS & is the morally the polar opposite of a Ponzi scheme. Certain people make bogus claims that SS is a Ponzi scheme. The reason that SS isn't a Ponzi scheme is...
by SparklingJewel 9 years ago
I would be interested to hear opposition to the stated "facts" in this video...Has anyone done an extensive research on the origins of Social Security?http://www.youtube.com/watch?v=V4BjLrTq … r_embedded
by Ralph Deeds 9 years ago
Is Social Security a Ponzi scheme as claimed by GOP presidential candidate Rick Perry or can it continue to pay full benefits for 25 years and can easily be put on a sound financial footing for the forseeable future with a few minor changes as claimed by the Social Security fund trustees?
by spbarton21 8 years ago
Do you believe that Social Security is a Ponzi scheme?Social Security was founded in order to give Americans assurances that they would have money when they retired. The idea was good on paper as a growing population would always ensure that the number of people paying into the system would be more...
by irenev17 11 years ago
mean buying stock in a band or writer, photographer, even a filmmaker. Not in the traditional 'fund-raiser' sense, but actual shares of digital media.
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