Coupon book pyramid scheme


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In either case the system is just as unsustainable and illegal. Remember — if any system simply cannot sustain itself without the constant recruitment of new members, then it is illegal.

Thus we do not recommend participating in any scheme floating around Facebook that uses this modus operandi. Thanks for stopping by. If you found our article useful and you don't already, make sure you stay on top of Internet nonsense like hoaxes, scams and fake news, and follow us on Facebook , Twitter and Instagram. We're also now on MeWe here! Sign up for our newsletter here. And before you go, this is a reminder that we've teamed up with online rewards website SwagBucks to help our readers make a little extra money legitimately!

Of course it is a pyramid scheme, in fact I made sure when I wrote the facebook post about it I mentioned the word pyramid, but the point should be that the WORST case is that you share your favourite book with a complete stranger at the cost of a few pounds.

Receive 36 books by recuiting 6 people on Facebook? It’s a pyramid scheme

Surely that is a fantastic worst case! Where I live a pyramid scheme which is illegal is a business which asks for money to enter the investment scheme. So this book sharing pyramid is not illegal in my jurisdiction. It is also not unethical as you are sharing books you love. Nothing you said is incorrect, but it in no way applies to the article. These third parties —. Skip to main content Skip to primary sidebar Skip to footer.

Examples include — I am participating in a book exchange for my kids, so I am looking for 6 mums, mums to be, grandmas, or anyone interested in the book exchange that will actually participate and follow through. Continued below Comments Of course it is a pyramid scheme, in fact I made sure when I wrote the facebook post about it I mentioned the word pyramid, but the point should be that the WORST case is that you share your favourite book with a complete stranger at the cost of a few pounds.

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UK Edition. US Edition. Log in using your social network account. Please enter a valid password. Keep me logged in. Want an ad-free experience? Subscribe to Independent Premium. View offers. You can form your own view. Subscribe now. A typical gift exchange invitation, posted on a Facebook group.

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