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I had some uncomfortable discussions today. If this pandemic has cost you your job like me, or if you are a self-employed artist, you could be the target of this kind of scam. So. A wordy PSA to hopefully help you guys avoid what my friend is now stuck in. Pls share.
If you see that symbol of the mandala you should leave. It isn't legal and is trying to get you to scam your own friends and family. Seriously, you can get prosecuted for participating at all.
Some of them say they started as fund for domestic violence victims. Not true.
Some of them say they started as fund for domestic violence victims. Not true.
Some of them are lotus shape or based on desserts, for some reason. If someone says you will receive money for no goods or services, it is too good to be true.
A BBC discussion of it: https://www.bbc.co.uk/news/uk-scotland-47749585
A BBC discussion of it: https://www.bbc.co.uk/news/uk-scotland-47749585
Testimonials from someone who left: https://yip.se/2019/is-your-gifting-circle-actually-a-pyramid-scheme/
A youtube video from GalacticGangsters which explains better than me:
Another from Kimbyrleigha, who makes videos about MLM and how it can ruin lives:
I am not an anti MLM account. I just don't want my friends or mutuals to lose their money. Challenging your friends and family on this can be hard so it's better to learn about it early.
Try to preserve your relationships. People caught up in this stuff are probably vulnerable.
Try to preserve your relationships. People caught up in this stuff are probably vulnerable.
They often target people interested in crystals, holistic healing, witchcraft or paganism, feminism, yoga, health and wellbeing, etc. They promise community and love. And money. Don't forget the money. Look after yourself and your friends.
Some more maths from a maths person explaining with numbers why this cannot work and is exploitative https://medium.com/@katherineraemondo/the-math-behind-womens-empowerment-lotus-giving-circles-aka-pyramid-schemes-7c64b8a30759
Here is one packaged and targeted at Black business owners specifically. Itâs called Sou-sou. Still a scam. Still illegal. https://www.google.co.uk/amp/s/www.washingtonpost.com/business/2020/08/07/sou-sou-blessing-loom-illegal-pyramid-schemes/%3foutputType=amp
