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Beware of "Get Help Worldwide" located at "www.gethelpworldwide.com" - it is a Ponzi or Pyramid Scheme

2017-03-05T14:32:39 -  +
Beware of "Get Help Worldwide" located at "www.gethelpworldwide.com" - it  is a Ponzi or Pyramid Scheme

Get Help Worldwide, located at www.gethelpworldwide.com, which the owners claim is the #1 World's Mutual Financial Aid Community, is a Ponzi or Pyramid scheme. Online users are advised not to register with the website or become a member. And, those who are already members are asked to stop making payments to the website.

Please continue below.

www.gethelpworldwide.com - The Ponzi or Pyramid Scheme Website

www.gethelpworldwide.com

Get Help Worldwide (www.gethelpworldwide.com) is consider a scam because they promise members or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public, making them appealing to people who want to make some quick cash.

Why is Get Help Worldwide is a Pyramid or Ponzi Scheme?

Get Help Worldwide is a pyramid or Ponzi scheme because they do not do any form of investments, sell products or services to make money. Instead, they take money from new members that old members recruit, to pay the same old members. If Get Help Worldwid efails to recruit new members, they will be unable to pay old members, which will cause the scheme to crash. Once the scheme crashes, the owners will take whatever money they have collected and disappear.

The owners of Get Help Worldwide just collect money from new members, and pay some out to old members and keep the rest for themselves. That is all they do. Once the pyramid scheme fails, new members will suffer the most, because they will not get back a single dime of their so-called investment. For the owners, it will be a big payday for them, because they would have already collected thousands or millions of dollars from their members or participants.

What is a Pyramid or Ponzi Scheme?

A pyramid or Ponzi scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.

In a pyramid scheme, an organization compels individuals to join and make a payment. In exchange, the organization promises its new members a share of the money taken from every additional member that they recruit. The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative - whether or not they do any work, the organization's membership has a strong incentive to continue recruiting and funneling money to the top of the pyramid.

Such organizations seldom involve sales of products or services with value. Without creating any goods or services, the only ways for a pyramid scheme to generate revenue are to recruit more members or solicit more money from current members. Eventually, recruiting is no longer possible and most members are unable to profit from the scheme.

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Comments, Questions and Reviews
(Total: 7)

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  • Posted: 2018-04-19T03:52:22 by an anonymous user from or near: Lagos, Nigeria

    l invested over one million naira on this platform .

    God is already punishing all people who defrauded me and your generations to generations shall pay for this act in Jesus Name!

    delete


  • Posted: 2017-08-09T14:45:22 by an anonymous user from or near: Hornchurch, England, United Kingdom

    Hi,
    I live in the UK but just spoke with a friend today 09.08.2017 who lives in Nigeria who has been defrauded of her hard earned money worth over a million Naira by gethelpworldwideexclusive who was supposed to pay her about 50% of the money she invested but hasn't paid her and the website isn't going through for her from Abuja Nigeria. That is all the money she has in her account and now she is devastated. Please how can she get help in order to get her money back, she isn't interested in the profit anymore, just her money?

    Thanks.

    delete


    • Posted: 2017-08-09T15:09:51 by info

      How did she send her money to the scammers? Did she send it via money transfer services like Western Union or did she use her credit card?

      If she used a money transfer service it will be impossible to recover her money once the money has been picked up. If it is by credit card, they can contact her bank and ask them for help recovering her money.

      delete


      • Posted: 2018-01-08T12:41:44 by an anonymous user from or near: Dublin, Leinster, Ireland

        If she paid by PayPal is there not a way to get it back. I hear PayPal will refund you if you get scammed and they will chase the other person for the money. Just thought I'd try and help out. Thanks for the article.

        delete


  • Posted: 2017-05-11T08:59:43 by an anonymous user from or near: Lagos (Ikoyi), Lagos, Nigeria

    There's another one I just heard about a few days ago... It's called www.receivehelpworldwide.com. They're offering 50% per month in local currency and 100% per month in bitcoins. Also heard they intend to pay every one of their active members 1,000,000 local currency or $2,500 bitcoins for registering 10 people and doing their promo tasks. I'm tempted to try this one. What do you think?

    delete


    • Posted: 2017-05-11T09:54:19 by info

      How can you trust a website that has no information on it? You do not know who is operating the website or from where. I have looked at the website and it is just a simple template, with broken links to Facebook, Twitter and Instagram. The website also has a grammatical error on it.

      Always do thorough research before investing your hard earn money. There are a lot of scammers online, who are stealing millions of dollars every year from people who blindly invest with them. Do not let anyone trick you with a promise, fancy car, luxury home, fake bank statements or earning report.

      delete


  • Posted: 2017-03-15T09:19:31 by an anonymous user from or near: Lagos, Lagos, Nigeria

    Some names the participants pay the money to are names of agents and sponsors of PONZI SCHEMES; they will receive the payment and will refuse to put back part of the money to the system for RECYCLING; and that is the beginning of the slowing down of the system, And eventually, crashes.

    delete


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