The Dream cover image

The Dream

S1 E1: Wanna Swim in Cash?

Sep 24, 2018
40:52

Podcast summary created with Snipd AI

Quick takeaways

  • Pyramid schemes prey on people's desire for quick wealth and use deception to attract participants.
  • Multi-level marketing (MLM) disguises itself as a legitimate business but remains mathematically unsustainable and reliant on recruitment.

Deep dives

Involvement in Pyramid Schemes: The Exciting and Intoxicating Airplane Game

In the podcast episode, the speaker discusses her personal experience with a pyramid scheme called the Airplane Game. The game was presented as an opportunity to quickly make money through a revolving structure where participants paid $1500 to join and then recruited more people to move up levels. The enticing promise of receiving $12,000 in return attracted many participants, and the excitement led to a sense of empowerment and adventure. However, as the scheme progressed, it became clear that finding new recruits became challenging, and doubts crept in. The illegal nature of the game was exposed when law enforcement authorities raided house meetings and made arrests. The episode highlights the deceptive nature of pyramid schemes and the influence of prosperity belief and positive thinking in attracting participants.

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