Schemes and Scams

There’s no way to get rich quick, but there are a hundred ways for people to lose everything because they try to. Here’s our list of money making schemes and scams that we think you should avoid, because we don’t want you to lose your hard-earned moolah.

We will not link to any of these sites.

Under investigation

These schemes are being investigated by the South African National Consumer Commission, because they might be pyramid schemes. Avoid them.

• Mirror Trading International
• MMM
• Kipi AKA Mydeposit241
• Direct Direct Intervention Program to Empower South Africans (Dipesa)
• Instant Wealth Club
• Make Believe
• NMT Investments
• Sikhese
• Wealth Creation Club
• WorldVentures

Gross MLM businesses

These are highly suspect multi-level marketing businesses that are more about you selling the opportunity become a salesperson, than about selling the actual product. These businesses are (probably) not actually illegal, but I want you to stay away from them please because I love you and I don’t want you to lose your friends and money.

• Clientèle Life
• Amway
• WorldVentures
• Herbalife
• Mannatech
• Avon
• Nu-Skin
• Agel

Bitcoin and schemes

Bitcoin schemes are all the rage these days. There are so many popping up every day it can be hard to keep track, but here’s a good article about how to identify a Bitcoin scam.

Got any tips?

Know of any other dodgy or suspect schemes or scams? Let us know in the comments and we’ll investigate.