Glaswegian jen mcadam, 48, lost 8,600 on the onecoin scheme and recruited friends and family, who collectively handed over 216,000.
ms mcadam invested about 8,000 of her own money in the scheme, and persuaded family and friends to put in about 220,000, before realising she was not going to get the money back.
A quick message to my friend nonchalantly asking if the ad was mcadam and if so then its a pyramid scheme. She messaged me back and thanked me and said she had no intention of signing up. It doesnt seem like your average mlm of be your own bossbabe and might be just on the cusp of legitimate, but something dont smell right, and it isnt only the doterra.
jen mcadam, 48, spent 8,600 on the cryptocurrency scam, but it is the effect the pyramid scheme had on her loved ones that has affected her most.
Glassdoor says you have to pay for office space and a computer is not supplied. Oh and google autocompletes mcadam financial group pyramid scheme.
Ing is a very reputable company, these are merely men paying a small franchise fee to use the name and logo. You interviewed with what is known as mcadam financial group. It is they who are abusing the people they work with, not ing, so be aware of who it is behind this scheme.
i have been working at mcadam full-time for more than a year. For those that are able to succeed here, they will eventually make a lot of money and not have to work hard but its not easy at the start.
Mcadam is a train wreck and a pyramid scheme! You have to pay out of your own pocket to purchase the trainings for the exams, plus you have to pay for the exams. The weekly classes that you attend are very repetitive and you will learn nothing from them.
Curiously, bulgaria-based onecoin continues to trade, and has vehemently denied it is a scam while rebuffing criticism it is a pyramid scheme disguised as a cryptocurrency. The 49-year-old ploughed 8,000 of her savings into onecoin before persuading friends and family to invest quarter of a million pounds.
While ponzi schemes are certainly fraudulent, they are not necessarily hierarchical in nature, which is one of the defining characteristics of the pyramid scheme. Additionally, in a ponzi scheme, investors are not asked to recruit others, nor are they told where their payoff would come from.
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