Several of my friends recently sent invitation to me via Facebook to join Bisnis 5 Milyar. Bisnis 5 Milyar means 5 Billion Rupiahs Business. It can be checked here http://www.bisnis5milyar.com/ ( only available in Indonesian ).
My intention to write here not to support it but clearly opposing it. This website clearly offers a pyramid scheme. If you see TV everyday or read newspaper you will at least hear about Ponzi and Madoff Scheme. Both scheme are typically ilegal pyramid scheme which managed to cheat and deprived thousands if not million of people lives.In fact I wrote about another MLM scheme as well on February 2007.
This Bisnis 5 Milyar claims that no last member for this scheme. If you create a pyramid with double multiplication then soon or later it will need more people than currently in this planet ( 6 billion people by last account ). The payment made by new member looks very little,only 180,000 Rupiah ( 18 USD).The scheme itself gives 50,000 Rupiahs ( 5 USD ) to the webmaster whom I believe acting as the "pharaoh" or "king" of this scheme. The 1st level will get 50,000;2nd level get 10,000;2nd level get another 10,000;3rd level get 10,000;4th level get 10,000 and 5th level get 50,000 ( another "pharaoh" in this scheme ). From the money distribution we can easily see that who will benefit the most from this scheme. First rank is the webmaster. 2nd rank will be the highest rank after this webmaster.
The website also claims that you will get e-book worth more than 180,000 Rupiahs. I don't know what type of e-book they are offering. But I believe there are many free e-books around in the internet which can be got free of cost,instead paying 18 USD to get it.
On the 180,000 Rupiah for membership it is not small amount of money in Indonesia though. For some people it can be enough for one week cost of living.With large amount of people in Indonesia even if the scheme only getting 1 million member then the webmaster can get easily 50 billion minimum after couple of years. It's more than enough to enjoy rich live overseas and abandon this scheme after that.
The pyramid scheme like this usually will end up in 3 ways.
1.The membership run dry
When the lowest rank can not get more people to be a member then the problem started.
No money circulated around anymore. Soon or later the scheme will be abandoned or forgotten.
2.The pharaoh or king of this scheme run away
After collecting large amount of money the king of this scheme will simply run away,abandon whole members under him / her and enjoying his / her good lives somewhere else
3. Being stopped by police
In many occasion police will stop them,usually a bit late. But better late than never as some money still can be recovered,some people will get punished and can save potential members from being cheated
So final conclusion from me : Please don't join this type of pyramid scheme. Be careful and don't get cheated by it eventhough if it's small amount of money.
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