You betcha! it still exist. Earlier today, I met with my in-law partner and they presented this again. My in-law said he would like me to meet with my wife and I for about 30 minutes or so in something real exciting but he wouldn’t tell me what it is, he told me it’s real exciting and said I would like it LOL, it’s turns out to be something I did before and dropped out.
Yes, it’s about selling investments package, insurance policies and so on, and off course you can call it a pyramid scheme if you like, because in some way it is, but really in reality, it’s a multilevel marketing scheme. So basically how this work is someone you know talk to you about how important life insurance and such insurance is and you bought the policy and also you get a chance to join the team, and make money for yourself.
Just in case you don’t know what happen here, let me make it short and simple. It’s been around for years. Basically you buy the policy, ok done, it’s a good investments, but now the guy want you to make money by referring people to him, but guess what? yeah if the people you refer to him and they purchased the policy and yeah you make money but really the top guy make more money, and the people got referred referred more people, now the top guy make more money and you make no so much and sometime nothing LOL, By the way, don’t get the license, don’t pay anything, not a dime, a nickle, nada! don’t! please! I’ve been there just like many of you. Don’t get me wrong, some people does and did succeed but for many total waste of time, the only thing you probably gain is “bullshit” confidence making friends and smile short term as stress start to build up! LOL
Another scheme I know of is similar one, was selling wine, again total bullshit! 🙂 all same crap! multilevel marketing scheme! pyramid scheme!
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