25-05-2013, 12:31 PM
All those blaming Gulf News/ Mazhar Farooqi for calling Sunfeast a scam may want to Google Sunfeast + MLM American nightmare + David Bear
Excerpts:
A classic self-perpetuating, blame-the victim 'income opportunity' racket (based on the crackpot pseudo-economic theory that: endless-chain recruitment + endless payments by the recruits = endless profits for the recruits), was dissimulated behind a dense wall of mathematical mystification combined with the impressive sounding, contemporary, thought-stopping commercial jargon of 'business process off-shore outsourcing.'
In simple terms, the parasitic racketeers behind 'Infotech' lured their ill-informed victims (generally the unemployed) with a step-by-step Utopian plan to achieve total financial freedom, in which unlawful investment payments into a closed-market swindle, or Ponzi scheme, were laundered as 'refundable employment security deposits.'
The fairy story explaining these unlawful payments was that they were merely a requirement to obtain a future reward from lawful employment, but which actually comprised pointless and unexplained 'typing projects.'
n the deluded 'Infotech' victims' minds, the size of their unlimited future rewards became seen as being dependent on an incomprehensible system of perpetually-expanding, cyclical, monthly commission payments derived from recruiting more and more persons to hand over the so-called 'refundable employment security deposits.'
In other words, just like Charles Ponzi and Bernie Madoff, the 'Infotech' racketeers were sociopaths peddling their victims infinite shares of their own finite money; for, in theory: the more cash participants handed over to 'Infotech:' the more cash they would eventually be paid out.
In practise: the 'Infotech' racket only continued to function, so long as it continued to expand and no victims complained.
Excerpts:
A classic self-perpetuating, blame-the victim 'income opportunity' racket (based on the crackpot pseudo-economic theory that: endless-chain recruitment + endless payments by the recruits = endless profits for the recruits), was dissimulated behind a dense wall of mathematical mystification combined with the impressive sounding, contemporary, thought-stopping commercial jargon of 'business process off-shore outsourcing.'
In simple terms, the parasitic racketeers behind 'Infotech' lured their ill-informed victims (generally the unemployed) with a step-by-step Utopian plan to achieve total financial freedom, in which unlawful investment payments into a closed-market swindle, or Ponzi scheme, were laundered as 'refundable employment security deposits.'
The fairy story explaining these unlawful payments was that they were merely a requirement to obtain a future reward from lawful employment, but which actually comprised pointless and unexplained 'typing projects.'
n the deluded 'Infotech' victims' minds, the size of their unlimited future rewards became seen as being dependent on an incomprehensible system of perpetually-expanding, cyclical, monthly commission payments derived from recruiting more and more persons to hand over the so-called 'refundable employment security deposits.'
In other words, just like Charles Ponzi and Bernie Madoff, the 'Infotech' racketeers were sociopaths peddling their victims infinite shares of their own finite money; for, in theory: the more cash participants handed over to 'Infotech:' the more cash they would eventually be paid out.
In practise: the 'Infotech' racket only continued to function, so long as it continued to expand and no victims complained.