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Beware of Jamalife Helpers Global Ltd (JHG) at jamalifehelpersglobal.com - it is a Ponzi or Pyramid Scheme

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Beware of Jamalife Helpers Global Ltd (JHG) at jamalifehelpersglobal.com - it  is a Ponzi or Pyramid Scheme

Jamalife Helpers Global Ltd (JHG) located at www.jamalifehelpersglobal.com is a Ponzi or pyramid scheme. The fraudulent website tricks potential victims into registering by claiming they can experience so-called financial freedom and find financial prosperity. But, the only people that will gain financial freedom or find financial prosperity are the scammers who are operating the website. Therefore, 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.

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

www.jamalifehelpersglobal.com - Jamalife Helpers Global Ltd (JHG)

The website Jamalife Helpers Global Ltd is considered fraudulent or 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 Jamalife Helpers Global Ltd a Pyramid or Ponzi Scheme?

Jamalife Helpers Global Ltd 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 Jamalife Helpers Global Ltd fails 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 Jamalife Helpers Global Ltd 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
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  • Posted: Jan 28 at 11:10 PM by an anonymous user from or near: Ipoh, Perak, Malaysia

    Thanks for telling people the truth. I read another article warning people on the now collapsed 'public likes '. It came to pass that it was a scam. Anyone trying to convince people to join it is likely to be profiting from its fraudulent activities or just totally ignorant.

    Money is hard to find and a promise of being given it for free usually turns out to be scams. It is time people became aware of conmanship in name of promise of prosperity.

    delete


  • Posted: Jan 27 at 2:13 AM by an anonymous user from or near: Nairobi, Nairobi Province, Kenya

    As someone who is considered one of the industry's top experts, I commend you on your analysis-it is spot on! Couldn't have said it better myself! Anyone who joins this Ponzi program, or the MMM or Helping Hands International (H2i) Ponzi schemes, needs their head examined! Unfortunately, most people lack the knowledge to properly evaluate companies, pay plans, and opportunities, and they don't know how to discern if a program is a legitimate network marketing opportunity or an illegal pyramid scheme, and so they end up making the wrong decision and joining, made all the worse by their gullibility or their make money without having to work very hard mentality.

    delete


  • Posted: Jan 25, 2018 by an anonymous user from or near: Lagos, Nigeria

    then plsss which is real

    delete


  • Posted: Jan 8, 2018 by an anonymous user from or near: Lagos, Lagos, Nigeria

    My question is that why is that Cooperate Affairs Commission is giving them certificate without absolute investigations about the mission of their business and Nigerian securities in collaboration with Nigeria Communication Commission are not come into this matter?

    delete


  • Posted: Dec 4, 2017 by an anonymous user

    pls, they say they are registered and even have a CAC no...and share pictures of people that have benefited..it looks so real and again too good to be true. how are they able to accomplish that?

    delete


  • Posted: Dec 4, 2017 by an anonymous user from or near: Auburn, New South Wales, Australia

    pls for some of us that have registered how do we get our money back subtly without letting the organizers think of our awareness?

    delete


  • Posted: Nov 25, 2017 by an anonymous user

    A man told me to deposit 150 to a certain account and told me he will sign me to jamalife and he gave me password, Id, username.

    delete


  • Posted: Nov 3, 2017 by an anonymous user from or near: La Cluse, Auvergne-Rhone-Alpes, France

    gosh! God really saved me this night. Someone just sent the link to me & I'm glad I googled it 1st before committing myself. but they said they are registered and backed by ShopRite, diamond bank, first bank, l.g & more. Is it true?

    delete


    • Posted: Nov 16, 2017 by an anonymous user from or near: Lagos, Nigeria

      Someone just send it to me too. Of cause if u bring money to bank for transfer to another person, they will be glad to help u out but it doesn't mean they are involved. It's scam!

      delete


  • Posted: Oct 2, 2017 by an anonymous user from or near: Lagos, Nigeria

    So helping hands( H2i) is also a ponzI and scams as well.

    delete


    • Posted: Oct 2, 2017 by info

      Yes, they are.

      delete


  • Posted: Sep 27, 2017 by an anonymous user from or near: Durban, KwaZulu-Natal, South Africa

    Is lifetime cash a Ponzi scheme or pyramid please help need to know.

    delete


    • Posted: Sep 27, 2017 by an anonymous user from or near: Durban, KwaZulu-Natal, South Africa

      Www.lifetimecash.com

      delete


      • Posted: Sep 27, 2017 by info

        The website is untrustworthy. <a href="/article/2017/9/27/lifetimecash-is-a-untrustworthy-website-do-not-register-with-them/">Click here</a> to learn more.

        delete


  • Posted: Sep 19, 2017 by an anonymous user from or near: Accra, Greater Accra Region, Ghana

    Please is praido wealth alliance a ponzi, scam or pyramid. Please check it for me.

    delete


    • Posted: Sep 27, 2017 by info

      Yes, they are. <a href="/article/2017/9/27/scam-priado-wealth-alliance-at-priadowealthalliance-com-is-a-ponzi-or-pyramid-scheme/">Click here</a> to learn more.

      delete


  • Posted: Sep 14, 2017 by an anonymous user from or near: Lagos (Ikoyi), Lagos, Nigeria

    Someone actually sent jamallife link to me this morning, to register with them, I decided to Google them, am glad I read this, I have lost so much money in all this so called groups.

    delete


  • Posted: Jul 26, 2017 by an anonymous user from or near: Westbank, British Columbia, Canada

    Do you mean jamalife is not real and if so then why are they not arrested?

    delete


    • Posted: Jul 26, 2017 by info

      With PonzI schemes, the local authorities will not do anything until the victims start reporting it to them. But, by then, it will be too late for some members.

      And, since this scam is new, you currently do not have people reporting them yet. Also, some victims are too embarrassed and will not report it to the police.

      delete


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