Internet pyramid schemes, addiction and the right in laziness. In the ashes of the Wind Media internet pyramid that just collapsed, some are trying to promote a new scam. Sign up and we'll give you your Wind Media money back.
And while some thousands of Greeks are crying over the money they lost in the Wind Media pyramid in pursuit of easy profit, some of our fellow citizens are urging them to sign up for another online pyramid, promising to get back the money they had in Wind Media.
To be honest we did not expect that so many people would listen to the above news and ask if it is true. We can not explain the complete lack of logical thinking. Is it a quick profit addiction? Is it right to be lazy? And the player's mind sees that sitting down and with a few clicks will easily make a living.
What is the pyramid and the shape of Ponzi
The pyramid, in addition to the well-known geometric shape, is also a deceptive technique of developing and finding new investors, applied only by fraudsters in finance.gamea".
The pyramid is essentially an illegal investment scheme involving the payment of a return to investors from money paid by later investors, rather than the net profits accrued from actual sales. Imagine the first one to start a "pyramid game" to be at the top and each row of investors to be one place down.
The more you go down the more investors you find at the same level. The term "Ponzi Scheme" refers to any monetary fraud based on a "pyramid" of investors. The term "Ponzi Shape" was named after him Charles Ponzi, an American swindler of Italian descent, who was essentially the inventor of the pyramid.
Ponzi convinced several Americans to invest any amount they wanted in him, with the promise that they would make a 50% profit on the amount invested, every 90 days. He paid the first ones with the money put in by those who entered this "pyramid", as a result of which everyone was convinced that it was a profitable investment. The scheme collapsed in August 1920, after an article in the newspaper "The Boston Globe". Until then, Ponzi was collecting about $200.000 a day from "investors" trying to get on the "train" of profits.
The fraud was uncovered and Ponzi was sentenced to 14 years in prison. He was finally released from prison in 1934 and deported to Italy.
The basic idea of the Ponzi scheme (and essentially the pyramid) was that he could take money from the # 1 person and tell him that he would give him a high interest rate for his money if he brought 4 other investors (or 6) to the pyramid. or and 8, depending on the rules). When the people # 2, # 3, # 4, # 5 brought by # 1 gave money to Ponzi, Ponzi took part of this money and gave it to person # 1, so he fulfilled the obligation to give him a high interest rate. .
When person # 6 (brought by # 2) came, Ponzi took part of this money to pay person # 2, so he was still fulfilling his obligation. If there was no # 6, then Ponzi could not fulfill their obligations in # 2. There is also a phrase known as "Robbing Peter to pay Paul" (meaning stealing Peter to pay Paul) whose interpretation would help us realize that a similar scam is underway.
So when debts are owed and money to pay off obligations is incomplete, either due to bad luck or willful theft, borrowers often make their payments on credit or steal from other investors they have.
Thus the repayment of the old debt is done through the creation of a new event which in the long run creates a huge chain debt-investors which carries the risk of the chain breaking due to a lack of new links (restriction on the number of investments or the inflow of new funds). We hope you understand that all the pyramids eventually collapsing leaving huge debts.
What about Wind Media
Wind Media is not much different from the above chain. This is an internet pyramid which aimed to give you a huge amount if you "bought" a package and liked specific profiles on social media. The profit was in fact 5000%. This pyramid recently collapsed, leaving feces to at least 10.000 Greeks.
But while the pyramid scheme is known, what is it that pushes users to give their money? The gambling? The obsolescence of the real work; Laziness? Quick profit in a fast world? It's probably a matter of psychology, but whatever it is it doesn't seem to be over and it won't be.
On Wind Media's Facebook page, which strangely still works, there are many users who report that if you sign up for a new pyramid, the aure.vip, she will give you back the money (!!!) that you had in Wind's virtual wallet.
If you are wondering whether it is true or false, we would advise you to visit a specialist centre addiction. Or at least a psychologist.
Pyramids and internet
Searching the internet for such shapes, and reading reports from fanatical users on Wind Media's Facebook page, we found that there is a huge amount of pyramids out there on the vast internet. Some serious and some really funny.
Pages found such as: hsad2838.com, 5billionsales.com, share.rechestsite.com/Rechest/, 100239.com, gsmedia.cc, dfbbk.com, unique-api.uniquemetau.com/uniquemeta/, and more.
We were impressed that most of the above websites have a single home screen with minimal color variations. So we suspect that somewhere out there is a ready-made pyramid script, which you set up on a linux server and have your own web pyramid online, without much - much computer knowledge.
In fact, in some of them (such as share.rechestsite.com/Rechest/ and unique-api.uniquemetau.com/uniquemeta/) when we went back to a folder we saw the original CentOS image. The admins did not even take care of the basics, obviously not knowing how to set up a site properly.
Internet and illegality
It is strange, however, that the authorities of the countries have not been contacted to stop these activities, at a time when it is not on the Dark Web but at www.
The pyramid scheme is a clear scam, but we have never heard that the Hellenic Cybercrime Prosecution or similar services of the other countries to close such a one by clicking here and to arrest its administrators.
Instead we keep hearing about arrests for piracy in music and movies, for closing pages with subtitles, for warez witch hunts, torrents etc. Isn't that a bit strange?
We warmly thank the iGuru reader Dimitris G. for pointing out this topic and the main source of the research.