Ponzi system: Asal usul segala skim cepat kaya

ReuK

Momod, aku rasa baik di buka bnyk thread info tntg segala penipuan, trik yg memerangkap pengguna kat bod nih.

org kata mencegah is better dari mengubat kan? so dari forummer dtg sini utk menyelesaikan masalah ditipu oleh kaki putar belit ni.. better kita feed da info to warn them. make it sticky laa kalau leh (lebih2 lak aku nih)

Ni aku copy and paste dari Wikipedia

A Ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns ("profits") to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business, named after Charles Ponzi.

A Ponzi scheme usually offers abnormally high short-term returns in order to entice new investors. The high returns that a Ponzi scheme advertises (and pays) require an ever-increasing flow of money from investors in order to keep the scheme going.

The system is doomed to collapse because there are little or no underlying earnings from the money received by the promoter. However, the scheme is often interrupted by legal authorities before it collapses, because a Ponzi scheme is suspected and/or because the promoter is selling unregistered securities. (As more and more investors become involved, the likelihood of the scheme coming to the attention of authorities will continue to increase.)

The scheme is named after Charles Ponzi, who became notorious for using the technique after emigrating from Italy to the United States in 1903. Ponzi was not the first to invent such a scheme, but his operation took in such a large amount of money that it was the first to become known throughout the United States. Today's schemes are often considerably more sophisticated than Ponzi's, although the underlying formula is quite similar and the principle behind every Ponzi scheme is to exploit lapses in judgment arising out of greed

ReuK

What is and is not a Ponzi scheme

*A pyramid scheme is a form of fraud similar in some ways to a Ponzi scheme, relying as it does on a disbelief in financial reality, including the hope of an extremely high rate of return. However, several characteristics distinguish pyramid schemes from Ponzi schemes:

**In a Ponzi scheme, the schemer acts as a “hub” for the victims, interacting with all of them directly. In a pyramid scheme, those who recruit additional participants benefit directly (in fact, failure to recruit typically means no investment return).

**A Ponzi scheme relies on some esoteric investment approach, insider connections, etc., and often attracts well-to-do investors; pyramid schemes explicitly claim that new money will be the source of payout for the initial investments.

**A pyramid scheme is bound to collapse a lot faster, simply because of the demand for exponential increases in participants to sustain it (Ponzi schemes can survive simply by getting most participants to "reinvest" their money, with a relatively small number of new participants).

*Worldcom and other financial frauds. Worldcom did not pay out high returns (that is, high dividends). Worldcom was a publicly traded company which used expectations from the internet/dotcom boom and various fraudulent accounting schemes to inflate publicly reported profits to keep its stock high. Investors were free to sell at any time; when they did, the company wasn't the one paying the investor -- it was the person buying the stock who paid, and took the risk at that point.

*A bubble. A bubble relies on suspension of disbelief and an expectation of large profits, but it is not the same as a Ponzi scheme. A bubble involves ever-rising (and unsustainable) prices in an open market (be that shares of a stock, housing prices, the price of tulip bulbs, or anything else). As long as buyers are willing to pay ever-increasing prices, sellers can get out with a profit. And there doesn't need to be a schemer behind a bubble. (In fact, a bubble can arise without any fraud at all - for example, housing prices in a local market that rise sharply but eventually drop sharply because of overbuilding.)

*Robbing Peter to pay Paul. When debts are due and the money to pay them is lacking, whether because of bad luck or deliberate theft, debtors often make their payments by borrowing or stealing from other monies they have. It does not follow that this is a Ponzi scheme. From the basic facts set out, it is not, because there is no indication that the lenders were promised unrealistically high rates of return via claims of unusual financial investments. Nor (from these basic facts) is there any indication that the borrower (banker) is progressively increasing the amount of borrowing ("investing";) to cover payments to initial investors (as, again, Ponzi was not the first to do.)

ReuK

Contoh ringkas sistem Encik Ponzi nih

An advertisement is placed promising extraordinary returns on an investment – for example 20% for a 30 day contract. The precise mechanism for this incredible return can be attributed to anything that sounds good but is not specific: "global currency arbitrage", "hedge futures trading", "high yield investment programs", or similar.

A mugshot of Charles Ponzi

With no proven track record for the investors, only a few investors are tempted, usually for smaller sums (say $5,000). Sure enough, 30 days later, the investor receives $6,000 – the original capital plus the 20% return ($1,000). At this point, greed starts to overcome reason: the investor will put in more money, and, as word begins to spread, other investors grab the "opportunity" to participate. More and more people invest, and see their investments return the promised large returns.

The reality of the scheme is that the "return" to the initial investors is being paid out of the new, incoming investment money, not out of profits. There is no "global currency arbitrage", "hedge futures trading", or "high yield investment programs" actually taking place. Instead, when Investor D puts in money, that money becomes available to pay out "profits" to investors A, B, and C. When investors X, Y, and Z put in money, that money is available to pay "profits" to investors A through W.

One reason that the scheme works so well is that early investors – those who actually got paid the large returns – quite commonly reinvest (keep) their money in the scheme (it does, after all, pay out much better than any alternative investment). Thus those running the scheme don't actually have to pay out very much (net) – they simply have to send statements to investors that show how much the investors have earned by keeping the money in what looks like a great place to get a high return.

Situasi yg bila dah nak kantoi

The catch is that at some point one of three things will happen:
(a) the promoters will vanish, taking all the investment money (less payouts) with them;

(b) the scheme will collapse of its own weight, as investment slows and the promoters start having problems paying out the promised returns (and when they start having problems, the word spreads, and more people start asking for their money); or

(c) the scheme is exposed, because when legal authorities begin examining accounting records of the so-called enterprise, they find that much of the "assets" that should exist, do not.
(haaaa ni yg dah jadi kat SwisshCash)

ReuK

Other notable (but lesser dollar) Ponzi schemes include:

*Sarah Howe, who in 1880 opened up a "Ladies Deposit" in Boston promising eight percent interest, although she had no method of making profits. This unique scheme was billed as "for women only". Howe disappeared with the money from her scam.[1]

*The novel Chance by Joseph Conrad depicted a Ponzi scheme in 1914 before Ponzi himself had hit the scene. Conrad's scammer "de Barral" offered ten percent interest on deposits in his operation "without system, plan, foresight, or judgement".

*On March 22, 2000, four people were indicted in the Northern District of Ohio, on charges including conspiracy to commit and committing mail and wire fraud. A company with which the defendants were affiliated allegedly collected more than $26 million from "investors" without selling any product or service, and paid older investors with the proceeds of the money collected from the newer investors. [2]

*In late 2003, a scheme by Bill Hickman, Sr., and his son, Bill Jr., was shut down. He had been selling unregistered securities that promised yields of up to 20 percent; more than $8 million was defrauded from dozens of residents of Pottawatomie County, Oklahoma, along with investors from as far away as California. [3] Hickman was sentenced to 160 years in state prison.

*In December 2004, Mark Drucker pleaded guilty to a Ponzi scheme in which he told investors that he would use their funds to buy and sell securities through a brokerage account. He claimed that he was making significant profits on his day trades and that he had opportunities to invest in select IPOs that were likely to turn a substantial profit in a short period of time. He promised guaranteed returns of up to fifty (50%) percent in 90 days or less. In less than two years of trading, Drucker actually lost more than $850,000 in day trading and had no special access to IPOs. He paid out more than $3.6 million to investors while taking in $6.3 million. [4] [5]

*In June 2005, in Los Angeles, California, John C. Jeffers was sentenced to 168 months (14 years) in federal prison and ordered to pay $26 million in restitution to more than 80 victims. Jeffers and his confederate John Minderhout ran what they said was a high-yield investment program they called the “Short Term Financing Transaction.” The funds were collected from investors around the world from 1996 through 2000. Some investors were told that proceeds would be used to finance humanitarian projects around the globe, such as low-cost housing for the poor in developing nations. Jeffers sent letters to some victims that falsely claimed the program had been licensed by the Federal Reserve and the program had a relationship with the International Monetary Fund and the United States Treasury. Jeffers and Minderhout promised investors profits of up to 4,000 percent. Most of the money collected in the scheme went to Jeffers to pay commissions to salespeople, to make payments to investors to keep the scheme going, and to pay his own personal expenses. [6]
In February 2006, Edmundo Rubi pleaded guilty to bilking hundreds of middle and low-income investors out of more than $24 million between 1999 and 2001, when he fled the U.S. after becoming aware that he was under suspicion. The investors in the scheme, called “Knight Express”, were told that their funds would be used to purchase and resell Federal Reserve notes, and were promised a six percent monthly return. Most of those bilked were part of the Filipino community in San Diego. [7]

*On May 10, 2006, Spanish police arrested 9 people associated with Forum Filatelico and Afinsa Bienes Tangibles in an apparent Ponzi scheme that affected 250,000 investors from 1998 to 2001. Investors were promised huge returns from investments in a stamp fund. [8]

*12DailyPro was a version of what is commonly known as a "paid autosurf" program where "investors" deposited money and received an extremely high profit (44%) within a short period (12 days). Charis Johnson created what authorities considered one of the largest modern day versions of the Ponzi scheme. She accumulated a total of over US$1.9 million from the program. More than 300,000 people joined over the course of 8 months, spending over $500 million[9]. When a federal investigation of 12DailyPro took place, its main payment processor, Stormpay, froze all funds related to it. Stormpay has since refused to return any of these funds. On February 24, 2006, the United States Securities and Exchange Commission (SEC) ordered 12DailyPro and its parent company to cease and desist all operations. On February 28, a Los Angeles judge ordered all company assets and records to be turned over to an appointed receiver for investigation. Charis F. Johnson now faces criminal and civil suits from both local and federal agencies.

*On Friday 13 April 2007 a person named Sibt-e-Hassan Shah aka "Double Shah" was arrested by government officials in Wazirabad a small town of Pakistan. [10]

ReuK

Skim Ponzi atau cepat kaya nih:

1. Memperalatkan sifat T.A.M.A.K manusia :@

2. Menjaja keuntungan sbg produk utama. Contoh cam banner2 yg ada kt sekeliling Cari nih.. Dilema org makan gaji, dapat gaji bayar hutan dan etc

3. Diorg ni tak kuar modal. Duit return yg peserta dpt tu actually duit peserta laen yg baru join Berkat ke?

4. Skim Ponzi dah di upgrade jadi sofistikated skrg nih... cam "Anda pemenang bertuah Real Reward Card tapi kena kuar duit RM5K utk claim adiah. Jgn bimbang anda akan dpt pulang 18 juta lion dlm masa 12 bulan"

5. Jaminan matikan stem? leh dakwa kat mahkamah? Hahahaha korang ada masa ke nak dakwa dakwi diorg nih? Kalau diorg muflis pon bukannyer takleh bkk skim laen pong hahahaha


Aku rindu nak kena pelawa dek skim cepat kaya lagi. Leh aku wat thread kronologi Reuk berkonfrontasi ngn si skim cpt kaya lagi hohoho.

Kali ni siap ngn video kut. Aku baru jer beli vid cam nih

wei_loon5063

Originally posted by ReuK at 21-4-2007 12:43 AM
Skim Ponzi atau cepat kaya nih:

1. Memperalatkan sifat T.A.M.A.K manusia :@
.

ya....... bukan itu sahaja...... rasa takut juga......

rasa takut kalau tak kaya, maka akan di pandang rendah....

kalau lihat....... kebanyakan orang yang kena tipu ini bukanla orang yang tak ada duit nak beli nasi lemak pun...

tapi tamak dan takut kena pandang hina.... dan satu lagi............ nak senang sokmo

wei_loon5063

PENANG: A college student lost all her college fees totalling RM148,000 to a syndicate which told her that she had won RM3.3mil in two Internet lucky draws.   The 20-year-old student first received a call on March 20 from a woman telling her that she had won RM120,000 in a Hong Kong Turf Club online draw.   But in order to collect her winnings, she was told to deposit RM46,000 as insurance and processing fees.   She then transferred the amount into an overseas bank account on March 30.   George Town OCPD Asst Comm Azam Abd Hamid said later the same day, she received another call from a man informing her that she had won another RM3.2mil in a bonus draw.   "She managed to raise another RM102,000 which was the fees for the whole duration of her course. The money was then deposited into the same account on Wednesday.   "After not hearing anything from the callers, she realised she had been cheated and made a police report the next day,

ReuK

hahahaha itu lah namanyer G.R.E.E.D

aku rasa org Malaysia ni mmg snang kena tipu sbb sifat t.a.m.a.k ni lah... org tipon sesaja kata menang cabutan bertuah pon caya

dan lagi satu..

yg duk merayau kat ruang iklan Cari.com, bharian, metro tu sumer kan skim cpt kaya... naper di biar berleluasa ye?

fairy_hobbit

Originally posted by ReuK at 21-4-2007 12:07 AM
Momod, aku rasa baik di buka bnyk thread info tntg segala penipuan, trik yg memerangkap pengguna kat bod nih.

org kata mencegah is better dari mengubat kan? so dari forummer dtg sini utk menye ...

hi reuk... thread about ponzi scheme dah ada... nanti i mergekan.