It has been several years since this blog started exposing “scams” and investment scandals here in the Philippines and abroad.
We do our very best to protect our countrymen from falling prey to these scammers and fraudsters by providing free information and education through seminars and articles such as this one.
Thankfully, an online colleague (Thanks to Eammon!) decided to produce the below visual asset on the topic. It takes you through how they both work and what the key differences are between the two.
Many will remember the Bernie Madoff investment scandal that was revealed to be a Ponzi scheme in 2008. Amazingly, investors needed at least $20 million to invest in the scheme, which shows how easily influenced people can be by these schemes.
Check out this infographic and see how Ponzi and pyramid schemes work.
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