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The "Captain" (blue) is paid when 8 "passengers" have arrived at the bottom of the pyramid. (Below the Captain are two "Co-Pilots", below them four "Crew".) The airplane game, also known as the plane game, is a style of pyramid scheme first recorded in the 1980s in North America and later Western Europe.
The unsustainable exponential progression of a classic pyramid scheme in which every member recruits six new people. To sustain the scheme, the 2.2 billion people in the 12th layer would be required to recruit 13.1 billion more people for the 13th layer, even though there are not nearly enough people in the world to achieve that.
This organization, established in 1972, once had a million members. It was a cause of the enactment of Japan's law prohibiting pyramid schemes. In 1986, the Dai-ichi Sōgo Keizai Kenkyūsho declared bankruptcy, leaving debts amounting to 189,600,000,000 yen. [32] It has been called "the biggest pyramid scheme in history." [33]
Have you ever been approached for a "business opportunity" that promises you'll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part ...
Put on your jellies and get ready for a walk down memory lane.View Entire Post ›
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
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Born in Providence, Rhode Island, Lapre moved to Phoenix, Arizona, with his family when he was a child.He married Sally Redondo in 1988. [3] A high-school dropout, [4] Lapre, together with his wife, started a credit repair business called Unknown Concepts in 1990.