Thursday, 3 September 2015

What is quick rich scheme?



A quick rich scheme is a plan that promise the participants that they can obtain high rate of return with little risk, and with little skill, effort, or time. This scheme will convince that wealth can be obtained by working at home without exerting any effort. There are legal and quasi-legal get-rich-quick scheme and also illegal schemes(scams). Legal and quasi-legal scheme are frequently advertised on infomercials and in magazines and also in social media such as Facebook. This scheme appears legitimate and highly anticipated because it often show high rates of return to some of the participants but not all. Illegal schemes are often advertised through spam or cold calling over the telephone. These schemes rarely ask participants to invest directly in a concrete scheme. To invest in the scheme is to gamble because it has a very high levels of risk and one has to be prepared to accept it.   

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