Thursday, April 9, 2009

Alladin and his magic lamp!

Long long time ago, I met Alladin who is a direct sellers for their magic lamp. The business is call direct selling. The lamps are usually cost around RM1000 over (USD 200) and for limited edition it can cost much much more! The Alladin made soo much money by getting people to join him and promise the business would make them richer and richer.

In order to make other people envy or jealous, Alladin even bought the carpet called Mercedes by cash! Eventually many people has joined, and some of them are really not rich. They put so much "hope" to the lamp business and could change their fate. I have even came across some of these new investors are commoners who sells fish and vegetables to meet their end. They got attracted when they is a new business opportunties to them.

What tickle me was, Alladin is collecting all these money and make more money. Its basically a pyramid scheme. And lately Alladin has quit he has become an financial analyst in a firm. However, the poor remain poor and the money has been pocketed by Alladin and other Ali BaBa.

Morale of the story, the intention of Alladin is really dishonest. And I hope people who read this realised what they are investing in direct selling before committing!

2 comments:

Ringgit said...

Aladdin is betting on people's greed to make more money for himself.. TSK TSK!

Bahija said...

I want to be Aladdin ......