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Comment on Anyone heard of Yor.com? by Mr. A |
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Saturday, 07 July 2007 |
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Just to add on, Yor.com IS a pyramid scheme:
And the people that run it have done things like this before:
http://badbusinessbureau.com/reports/0/093/ripoff0093095.htm#80545 (http://badbusinessbureau.com/reports/0/093/ripoff0093095.htm#80545)
A pyramid scheme (also known as “Pyramid Scam” [1]) is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, usually without any product or service being delivered.
Since Yor.com isn’t REALLY a true VOIP company. MLM as yor.com practices it is an variation of a pyramid scheme.
From wikipedia:
The Federal Trade Commission advises that multi-level marketing organizations with greater incentives for recruitment than product sales are to be viewed skeptically. In April 2006, it proposed a Business Opportunity Rule intended to require all sellers of business opportunities?including MLMs?to provide enough information to enable prospective buyers to make an informed decision about their probability of earning money. FTC trade regulation rules usually take 1-1/2 to 3 years before a final rule is established.
Criticisms have been raised against MLM programs for being cult-like in nature. Many MLM programs feature intense motivational programs, which can be hard to distinguish from cult propaganda. Criticism of Amway as a cult have been regarded as largely baseless, though some of the “Independent Business Organizations” within Amway have been accused of operating as cults.[4]
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