Re: Not Ponzi - it's MLM
You're way off. It would only be MLM if it required the top players to recruit distributors who then recruit a next level of distributor and so on. A Ponzi scheme can be and usually is a "flat" structure, although it can involve subsidiary reselling or recommendations.
There's also the key difference that MLM is based on maths that has to have a level who make little or nothing (so largely expectations fraud rather than direct misrepresentation), whereas a Ponzi scheme is simply attracting capital that is then used to pay out fictitious benefits to maintain an illusion of investment returns (so wholly and intentionally misrepresentation).
Biting the hand that feeds IT
