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Thread: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

  1. #5276
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Maennerwelt.info View Post
    Sorry, but I have to tell you, that these data are absolutely not correct (or up to date)!
    Attachment 12854
    Assuming your numbers are correct and mine way off in left field what's your point??? I don't care if 23 or 15% of the visitors come from Germany. Don't care if the US is in there at all, all their fake profits vanished just as they were told they would. Don't care if 1M or 2M is the approximate number of visits, it sure isn't the 5M or 10M that would be indicated by MAPs membership tales.

    bye bye maps.JPG

    Quote Originally Posted by Maennerwelt.info View Post
    Don't use sites like this to gather information, that is not professional!
    If you want to subscribe to a "professional" data site and post data here be my guest. People about to be ripped off get more than enough of my time, if that's not satisfactory maybe they should split a subscription with you. Any of these sites are more than ample to call out MAPS 220,000 member BS in my indecorous world.

    Myadvertisingpays.com: My Advertising Pays


    Daily visitors 84.9K
    Daily pageviews 840K
    Pageviews per user 9.9

    Myadvertisingpays has the lowest Google pagerank and bad results in terms of Yandex topical citation index. We found that Myadvertisingpays.com is poorly ‘socialized’ in respect to any social network. According to MyWot, Siteadvisor and Google safe browsing analytics, Myadvertisingpays.com is a dangerous domain.
    Last edited by ribshaw; 01-09-2016 at 05:58 PM.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  3. #5277
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    problems i had in maps
    could never fund vx gateway correctly. funded once with 50$ never could buy a pack due to fees of 2.50
    my bank and debit credit cards looked at vx as a gambling site and i could no longer fund
    the website to me looked like a 5 year old with a green crayon designed the back office .

    i guess the design of a daily cap and paying less than other sites of the same design has worked out well in terms of longevity.
    i was told not to mess with maps as paypal would never touch it . and im glad i listened to the person that told me this even if it was after the fact. of an initial funding..
    im surprised its still open ..

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    The new site you posted is much more up to date! Good find btw!
    For the Worldwide Audience you should use Alexa.com, because all other sites get their information from Alexa. :)

    Alexastatstoday.jpg

    And for the accurate number of Unique Visitors and Page Views I would recommend to use Adhitz, because you can assume that they are correct, beacuse Adhitz has it's code on MAP's webiste! ;)
    AdHitz seems to show the data of yesterday at the moment (I assume that because of the Alexa-rank):

    adhitzmapyesterday.jpg
    Alles über das Ponzi-System My Advertising Pays (Everything about MAPs-Ponzi in german language): http://www.maennerwelt.info/2015/08/...s-map-serioes/

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Della Cate View Post
    Indeed, back on page 72 (towards the bottom of it) of this very thread, reference is made to "Guy Martin"....who looks eerily similar to Danny/Doede, doesn't he?
    I dont use 30 messages per page or whatever the standard is. Better to refer to the message number or include the link to it which is at the top right corner of each message

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by dondraper View Post
    Tara has forced this issue to go public where it really wasn't needed.
    And apoligised for so doing by admitting a PM from you should not have been posted and agreeing that it was right to remove it.
    I have requested on a number of occasions over the last six months via email to either be unbanned or have an explanation as to what rules I have broken in order to be banned. THIS really didn't need to be done in public,
    So why are you doing it? If you don't need to reply to what was stated then don't.

    and as someone else has already said "All this kind of in-fighting does is make the scammers appear more legitimate. We need to present a united front if we are going to convince people against joining this fraud."
    and we are presenting a united front. All those who think MAPS is a scam are still saying it is a scam. Some of us don't personally like others of us but it is not an obligation that you have to like Tara or vice versa.

    However, due to Tara's wall of silence to me and others,
    Likewise Tara is not obliged to reply to anyone. If Tara was an admin on RS and banned you then I suppose RS would have something to answer but Tara runs a different page and has control over it. If you want to discuss this further I suggest you create a different discussion and post it there as the administration of someone elses Facebook isnt the subject of this discussion.
    But it doesn't work like that.... We are on the same side, all working towards a common cause of exposing scammers, removing scams, and at the very least reducing the number of people who like people we all know, will get burnt by these scams.
    Sadly sometimes it DOES work like that. the Russians and the Americans both opposed Nazi Germany in WWII. They were on the same side weren't they?

    I'm based in Central London and that I have a thorough understanding of the digital advertising value chain, and have good contacts in the industry.
    Great. continue using that to debunk scams. I don't think Tara is costing you your job.

    but I want to respond to you Tara but without the "RS" of quoting you...
    When you click on reply with quotes you will get the last message enclosed in [ square bracket] followed by "quote" followed by "]" backward square bracket. This means begin quote. At the end of every quote you get the same bet the word "quote" is preceded by a / backslash. so long as every quote has this tab at the start and end it will be displayed in a quote box. Just look at this message and press reply using quotes button and you will see how all the [quote and [/quote boxes work in the editor.

    A final request, @Tara, I have no idea what you're problem with me is, but I would like you to drop it so that we can work together for the common cause that we both believe is worth fighting for.

    Thanks all.
    Again if you want take this to a different discussion in an appropriate forum and not in this one.

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    I'm sorry, but I think this is just plain WRONG on so many levels.

    I think that Simon Stepsys is disgusting on so many levels as well.

    MAPs 17 Jan 16.jpg

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Did it happen then? The BIG announcement at the MAPs shindig yesterday?

    What was it? Anyone know??

    I'm sooooo excited to hear about it!

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Yes I want to know that too. What was the "Breaking News " ?

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Della Cate View Post
    Did it happen then? The BIG announcement at the MAPs shindig yesterday?

    What was it? Anyone know??

    I'm sooooo excited to hear about it!

    Quote Originally Posted by Ghostbuster View Post
    Yes I want to know that too. What was the "Breaking News " ?
    that septic is even more of a shitbag than most people thought and has moved on to stealing from handicapped people that probably really need the money for medical purpose. Alzheimer victims are next!

    Quote Originally Posted by Della Cate View Post
    I'm sorry, but I think this is just plain WRONG on so many levels.

    I think that Simon Stepsys is disgusting on so many levels as well.

    MAPs 17 Jan 16.jpg
    (see Della, you posted the news and didn't even realize it)
    Haven't lost any money to online scams.......results are typical.

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Claire Hartman-James is going for a similar "market" It's really quite disgusting.



    Six figure Sofapreneur - how to make money without leaving the house


    If Simon Stepsys or Mark Ghobril are involved it's 100% a SCAM!

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Della Cate View Post
    Did it happen then? The BIG announcement at the MAPs shindig yesterday?

    What was it? Anyone know??

    I'm sooooo excited to hear about it!
    An announcement was made that they're getting 'MAP GO LIVE TV' ! Bets taken on whether it will last as long as 'BBTV'!
    As for BMW, the forums in Germany had the news about BMW. Can't imagine why they didn't make it Official here! Nothing to do with an actual letter from BMW stating that's a load of codswallop obviously!

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Joe_Shmoe View Post
    Claire Hartman-James is going for a similar "market" It's really quite disgusting.



    Six figure Sofapreneur - how to make money without leaving the house

    Two thoughts hit me simultaneously:-

    1. "Six figure sofapreneur"?? Bwahahahahaha!
    2. Not just scraping the bottom of the barrel now; more like discovering that the barrel has a basement.

    FFS!!! These people drive me MAD! Not just their shameless targeting of, well, anybody with a pulse and a purse really, it's more the way they call themselves "entrepreneurs", or even worse in this case; "sofapreneurs".

    I will say it yet again. YOU. ARE. NOT. AN. ENTREPRENEUR.

    Ok, got it yet? Not you, Mrs H-J, nor Danny/Doede/Guy, nor Richard Arblaster.

    Sitting on the sofa /in the car/ in a pretendy office making silly vacuous videos; posting motivational woo on Facebook, giving testimonials at meetings of people who all think like you, sitting round admiring each other like zombies and saying how great you all are, is not any sort of work and most certainly not entrepreneurship as anyone with half a brain would recognise it.

    So just stop saying it!

    And as for targetting people who have lost their job, or who are unable to work for one reason or another - just don't do it. OK? Just don't. It's beyond disgusting IMO.

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by HARRISON View Post
    An announcement was made that they're getting 'MAP GO LIVE TV' ! Bets taken on whether it will last as long as 'BBTV'!
    As for BMW, the forums in Germany had the news about BMW. Can't imagine why they didn't make it Official here! Nothing to do with an actual letter from BMW stating that's a load of codswallop obviously!
    Ah, Harrison, thanks for that blast from the past! BBTV.....ah, remember that? Happy days, eh? Wobbly videos of Chris Smith and David Hooker (was it?) all saying how fab BB was.

    We haven't yet had the "Wall Street trader who examined BB inside and out and was so convinced he invested $250,000 in it" yet, but perhaps that one is coming along later, what do you think?

    As for BMW advertising on MAPs, dream on Mapperoonies!

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Della Cate View Post
    I will say it yet again. YOU. ARE. NOT. AN. ENTREPRENEUR.

    Ok, got it yet? Not you, Mrs H-J, nor Danny/Doede/Guy, nor Richard Arblaster.
    You have to admire the duplicity of this set. As long as it's chest thumping for sucker cash they're rockum sockum entrepreneurs.

    If cornered they don't know how long MAP will last, it's not their company. Next breath things have been reviewed at the highest levels and everyone is rollin in dosh so BUY BUY BUY. All hail the brilliance of Chris Smith Mike Deese. When it implodes and everyone loses, hey we're just as shocked as you are lowly affiliates.
    Last edited by ribshaw; 01-10-2016 at 12:55 PM.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  29. #5290
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Maennerwelt.info View Post
    And for the accurate number of Unique Visitors and Page Views I would recommend to use Adhitz, because you can assume that they are correct, beacuse Adhitz has it's code on MAP's webiste! ;)
    AdHitz seems to show the data of yesterday at the moment (I assume that because of the Alexa-rank):
    Works for me. I think we can conclude Simon is lying in his use of the word "users", would be investors should ask themselves a long hard why.

    simon@simonstepsys.orangehome.co.uk "OMG! WOW! MAP SMASHES 225,043+ Users and GROWING FAST!"

    MyAdvertisingPays.com Website Stats

    Average Daily Unique Users: 54345

    Any Ad Restrictions? No HYIP

    AdHitz.com - Advertising for all budgets. Website owners make money
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  31. #5291
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Hi, this is going to be kinda off-topic, but I have some general questions about map/ponzi schemes because I am working on a presentation for school:

    What defines an investment? MAP claims, that you "buy advertising", not invest into MAPs. What factors make an investment an investment?
    Do investments have to be registered? I guess yes, because if not, everybody would go and say "invest in me and get loads of money in a year", so there has to be some kind of regulation.
    Do companies have to publish their financial data?

    Why do common people fall for it? I have a guide on how to approach and recruit people regarding MAP by Alexander Vitocco but it feels kinda... stuck up. ("I earn money on the internet RIGHT NOW and YOU can do this too!")
    And why are authorities not taking these schemes down as soon as they gain momentum? Is it because there is no "real proof" that it is a scam until it is too late?

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  33. #5292
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by floxles View Post
    And why are authorities not taking these schemes down as soon as they gain momentum?
    Resources. At the rate this nonsense is spreading, it has become an epidemic. The best way for LE to react is to shut down payment processors (like LR) and not individual scams.

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by E2014T View Post
    Resources. At the rate this nonsense is spreading, it has become an epidemic. The best way for LE to react is to shut down payment processors (like LR) and not individual scams.
    I would have thought the easiest way to define/regulate is for companies like this to have to publicly list outside investers. Ie those phantom big companies that apparently buy advertising space. To show that the scheme does not rely purely on new ad clickers bringing money in..?

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by floxles View Post
    Why do common people fall for it? I have a guide on how to approach and recruit people regarding MAP by Alexander Vitocco but it feels kinda... stuck up. ("I earn money on the internet RIGHT NOW and YOU can do this too!")
    ?
    For me it was two things, firstly trust.

    Under any other circumstance I would never had given MAP a second look. But since it was pitched to me by someone I knew and trusted, I assumed they wouldn't be promoting it unless the had investigated it thoroughly and proven it was legit, so Ignored the haters and jumped in.

    Secondly I was unhappy in my work and was on the lookout for new employment opportunities or ways to make money.

    These 2 factors made me an easy mark for scammers.

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  39. #5295
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by shu adow View Post
    I would have thought the easiest way to define/regulate is for companies like this to have to publicly list outside investers. Ie those phantom big companies that apparently buy advertising space. To show that the scheme does not rely purely on new ad clickers bringing money in..?
    Sorry, but what do you mean with LE and LR?

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  41. #5296
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by floxles View Post
    Sorry, but what do you mean with LE and LR?
    LE = Law Enforcement

    LR = Liberty Reserve
    If you are in Prosper With Integrity, and do not like that your personal information has been published here, please talk to these good people: http://www.attorneygeneral.gov http://www.ic3.gov http://www.fbi.gov

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by floxles View Post
    Sorry, but what do you mean with LE and LR?
    Quote Originally Posted by floxles View Post
    Sorry, but what do you mean with LE and LR?
    Law enforcement I assume.
    floxies in what jurisdiction are you? I mean in an EU State or in the Us or where? The laws are slightly different. In the Us ther is the SEC Securities and Exchange commission
    About the Securities and Exchange Commission
    As you can see quite a few regulations
    and in the UK there is the FCA The Financial Services Register
    https://register.fca.org.uk/

    But there are some fairly simple rules. Where is the source of income for example. You cant have more than hale your income into a business coming from recruiting others. In most of the scams almost ALL the money is coming from other people and little or nothing form an actual produce or service.
    MAPS for example claims to be about advertising but WHERE are the adverts bringing in the amounts of cash they claim?
    The money is clearly coming from people being recruited into the scheme.
    There are a few lists on this siote and on others and I have asked in the past asked for a quick reference page but RS is mostly discussion.
    I hope I have helped and keep asking if you havent got comprehensive answers.

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  45. #5298
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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    In context of the post, it's actually i.e. (in other words)
    Haven't lost any money to online scams.......results are typical.

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by floxles View Post
    Hi, this is going to be kinda off-topic, but I have some general questions about map/ponzi schemes because I am working on a presentation for school:
    This is a great set of questions, and not off topic in the least.

    Quote Originally Posted by floxles View Post
    What defines an investment?
    What factors make an investment an investment?
    In the US it is the "Howey Test" which has four parts.


    "According to the Howey test, an instrument is only a security if it involves an investment of money or other tangible or definable consideration used in a common enterprise with a reasonable expectation of profits to be derived primarily from the entrepreneurial or managerial efforts of others. The form of the security (whether it is a formal certificate or nominal interests in the physical assets employed by the enterprise) is irrelevant.
    "
    What is a security and why does it matter? - Cutting Edge Capital

    https://supreme.justia.com/cases/fed.../293/case.html

    Quote Originally Posted by floxles View Post
    MAP claims, that you "buy advertising", not invest into MAPs.

    If I buy 1 credit pack and you buy 1200 credit packs and we both click 10 ads per day are we paid the same? Or am I paid $5 while you are paid $6,000 when our packs mature even though both of us clicked only 10 ads? How can we reconcile the difference in payments for the same activity if not from investment?

    Quote Originally Posted by floxles View Post
    Do investments have to be registered? I guess yes, because if not, everybody would go and say "invest in me and get loads of money in a year", so there has to be some kind of regulation.
    If selling to US citizens regardless of where the company is domiciled I can't think of a single instance where a "public offering" of this scale would be exempt.

    SEC.gov | Investment Company Registration and Regulation Package

    Some situations involving a small number of insiders or SEC.gov | Accredited Investors will be exempt , we can easily see neither applies to MAP.

    This is new http://www.sec.gov/news/pressrelease/2015-249.html MAP once again fails to qualify.

    Quote Originally Posted by floxles View Post
    Do companies have to publish their financial data?
    In this situation yes, since MAP should have registered with the SEC.

    Financial statements certified by independent accountants.
    SEC.gov | Registration Under the Securities Act of 1933

    A private company (not soliciting investments from the public) certainly doesn't have to disclose anything, but most competent investors would demand to see something and/or hold collateral before stroking a check.

    Quote Originally Posted by floxles View Post
    Why do common people fall for it? I have a guide on how to approach and recruit people regarding MAP by Alexander Vitocco but it feels kinda... stuck up. ("I earn money on the internet RIGHT NOW and YOU can do this too!")
    Nerd's answer was as good as they come

    Most people never look beyond "social proof" and "being paid", check out a few of these episodes https://en.wikipedia.org/wiki/List_o...Greed_episodes.

    Quote Originally Posted by floxles View Post
    And why are authorities not taking these schemes down as soon as they gain momentum? Is it because there is no "real proof" that it is a scam until it is too late?
    There's proof as long as authorities get access to the company's financials and the people doing the looking are somewhat competent. Always remember Madoff turned himself in, The Madoff Files: A Chronicle of SEC Failure there is no worthwhile stamp of approval. Sometimes in life you really are dealing with idiots and no other plausible explanation will suffice.

    Beyond that...

    Time and resources matter, if there are 10,000 scams like MAP running we could literally go broke as a nation trying to police them. Some cases take years while agencies get their legal ducks in a row.

    No one besides scambusters complain until the checks start bouncing. Even then half the "victims" will be blaming us for wrecking a good thing, with another handful moping that the SEC's just doesn't get the model.
    Last edited by ribshaw; 01-10-2016 at 06:08 PM.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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    re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?

    Quote Originally Posted by Beacon View Post
    You cant have more than hale your income into a business coming from recruiting others.
    Typo that should be HALF your income. Ribshaw referred to the "Howey" Test one part of which is the same idea and is established in international law.
    Here for instance is an EU case on a pyramid scheme
    CURIA - Documents

    Here is a blogger commenting on it Recent developments in European Consumer Law: Pyramid schemes - AG Sharpston in 4finance (C-515/12)
    AG Sharpston decided in its opinion that a national court to establish that there was a pyramid promotional scheme needs to take into consideration: 1) whether a consumer gave consideration in order to join such a scheme; 2) whether the scheme had a pyramid structure - that is it consisted of different levels with the operator at the apex and there was a cumulative recruitment of new members increasing exponentially; 3) whether the compensation paid to existing scheme members was derived primarily from the consideration given by new recruits, and it should not matter how small the consideration was.

    This opinion was based on the cumulative and exhaustive list of elements that must be established in order to recognize a pyramid scheme as mentioned in Point 14 of Annex I to the Directive.
    And to what directive does that refer?
    an aside on Directives feel free anyone to correct me

    The EU Law is constitutionally based on Treaties between contracting States. These allow the EU Parliament ( 600 ish members) Commission( which is smaller and had 28ish members nominated from member States) and Councils of Ministers where appropriate ( e.g. the defense ministers of all EU countries in a Defense alliance Ireland for example which is neutral might not be in this and has a clause in the main Treaty allowing it to opt out; or the fisheries ministers in all countries in the common fisheries Treaty i.e. the ones with coastlines).
    When directives are issued each country has to ratify them within a short time ( several months). A lot of consumer law e.g. packaging ,food quality, water quality etc. has come into many countries in this way. It is called "Secondary" Law but it is just as binding as laws made by the home parliaments of each country since the country themselves had opted into the system.

    EU courts take cases made on EU laws so they deal a lot with competition, waste, packaging and advertising etc.
    [/end aside]
    See also
    http://eur-lex.europa.eu/legal-conte...CJ0515&from=EN
    Directive 2005/29/EC — Unfair commercial practices — Pyramid promotional scheme — Whether the consideration paid by consumers in order to receive compensation is relevant — Interpretation of the concept of ‘consideration’)

    Annex I, point 14, of Directive 2005/29/EC of the European Parliament and of the Council of 11 May 2005
    Establishing, operating or promoting a pyramid promotional scheme where a consumer gives consideration for the
    opportunity to receive compensation that is derived primarily from the introduction of other consumers into the
    scheme rather than from the sale or consumption of products
    you will find it on page 15 of this http://eur-lex.europa.eu/LexUriServ/...22:0039:en:PDF

    Anyway, I might point out Ribshaw below refers to "consideration" ( he states "other tangible or definable consideration ") as does the above. This in contract law ( you cant have a contract without consideration) means money or something which is the equivalent of money e.g. goods, a car.

    You also have "derived primarily from" i.e. most money is coming from...

    Quote Originally Posted by ribshaw View Post
    This is a great set of questions, and not off topic in the least.

    In the US it is the "Howey Test" which has four parts.


    "According to the Howey test, an instrument is only a security if it involves an investment of money or other tangible or definable consideration used in a common enterprise with a reasonable expectation of profits to be derived primarily from the entrepreneurial or managerial efforts of others. The form of the security (whether it is a formal certificate or nominal interests in the physical assets employed by the enterprise) is irrelevant.
    "
    What is a security and why does it matter? - Cutting Edge Capital

    https://supreme.justia.com/cases/fed.../293/case.html

    If selling to US citizens regardless of where the company is domiciled I can't think of a single instance where a "public offering" of this scale would be exempt.

    SEC.gov | Investment Company Registration and Regulation Package

    Some situations involving a small number of insiders or SEC.gov | Accredited Investors will be exempt , we can easily see neither applies to MAP.
    And the same is true in the EU and elsewhere but there are so many schemes regulatory authorities and law enforcement are snowed under. I might add that criminal law is only part of the law. A small part at that.a crime is something which affects the general public or public good. But even if a scheme isn't criminal it may still be illegal. But Ribshaw already pointed out about limited regulatory resources.

    Even if it is legal other regulation may not be legal. For example a company has to file returns. In some jurisdictions they are filed but remain secret. In most they have to make some details public. e.g.in the UK they have to file annual reports showing assets and debts owed and overall business profit/loss for the year as well as names and addressess of shareholders and directors.

    this is how we can point to the owners in the UK and look at the pimps in the UK and what they claim to own or manage.

    Note also that Schemes like MAPS or Banners Broker claim to have a corporate entity in the UK for example but when you look you see they are only a £1 company or owned by someone who just registered it in the last year for their own gain and that all the money is going through offshore accounts and companies. This should sound alarm bells. Also many "offices" are rented by pimps or players near the top of the pyramid and not by any actual company registered or established in that country for many years.
    A private company (not soliciting investments from the public) certainly doesn't have to disclose anything, but most competent investors would demand to see something and/or hold collateral before stroking a check.
    Ribshaw is speaking for most of their business in the US. But in some states and in the EU they HAVE TO file a certain amount of information and some of that ( or most of that in the UK for example) is public.
    Last edited by Beacon; 01-11-2016 at 06:43 AM. Reason: typos and formatting

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