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  1. 21 Μαΐ 2020 · Are you tempted to play “The Circle Game,” join a “Blessing Loom,” or jump on a “Money Board”? These are some of the names for an online scam that’s making the rounds at a time when millions of people are out of work and scraping for cash.

  2. Known by many different names, the “Blessing Wheel” or “Circle Game” might look appealing when you first come across it on social media, with its promise of a big reward for a small initial investment. But, don’t be fooled: this so-called “game” is really a pyramid scheme in disguise!

  3. 23 Μαΐ 2020 · BATON ROUGE, La. (WAFB) - An alert for the Federal Trade Commission (FTC) identified several names used to convince social media users that they’re participating in online games when in actuality...

  4. 17 Ιουν 2021 · We call it a pyramid scheme. According to the complaint, the people behind Blessings in No Time use “blessing looms” to lure consumers in with false promises of returns as high as 800%.

  5. A pyramid scheme is any "business opportunity" in which the only real way to make money is to recruit more salespeople. If recruiting new salespeople is the only way to make money, then those who get into the game late will never be able to find enough new recruits to recoup their money.

  6. 29 Μαρ 2019 · A scheme called "loom circle" or "fractal mandala" has seen people promised £1280 from a £160 investment. It is an old-fashioned scam which has been re-packaged for a new generation . What is ...

  7. 20 Σεπ 2021 · Pyramid schemes and shady multi-level marketing companies make deceptive claims to recruit you to invest your time and money. Here’s how to spot them.

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