Friday, 1 November 2013

Guidelines for Job Seekers to be kept safe from scams and frauds:

Here are some general guidelines for job seekers to be kept safe from scams and frauds:

1. Avoid schemes that promise enormous earnings real fast or get rich quick schemes.
2. Avoid schemes that reward/give commission for recruiting members in your down-line.
3. Beware of schemes that ask new members to purchase expensive products. These schemes can collapse quickly leave you with useless stock.
4. Stay away from schemes that give more commissions on sales made by new members in your down-line rather than through your own sales of the products.
5. Beware of plans that claim to sell miracle products. If there was a cure for baldness, there would not be a single bald man on earth.
6. Don't sign-up in a sales meeting or any other high-pressure situation. Insist on taking your time to think about it. Talk it over with your spouse, a knowledgeable friend, an accountant or a lawyer.
7. Do your homework and verify the credentials from the websites of the relevant regulatory authorities. Also do a web search.
8. Always remember the Golden Rule: If it is too good to be true, then it must be False!

Gold Mine ineternational Answer of Comment 2


Gold Mine ineternational Answer of Comment 1


GMI FRAUD FRAUD FRAUD!!!


Warning for Investors - Pyramid Schemes in Pakistan

Investors are warned that multi-level marketing or pyramid schemes, albeit not specifically declared by the law as unlawful, are in fact unlawful, fraudulent, deceitful and unethical as they provide return to principal investors, entirely out of money paid into the scheme by new investors. The benefit goes to the participants joining at top layers but the vast majority of the participants, standing at lower layers are deprived of their investment and make no profit at all. A fraud is obviously committed where a person is induced to join such a scheme based on a promise that he would make a profit by participating. The pyramid fails because there is finite and limited number of potential participants. Most of the people may not be able to find any new participants below them and therefore, would make no money at all. At this point the pyramid collapses and a vast majority gets no return at all. Therefore, the investors are advised to be careful while investing their hard earned money and not to deal with any such company that through advertisements in media or printed brochures offers investment plans in pyramid schemes, multi level marketing schemes, referral schemes, binary schemes, lotteries and
membership cards etc., and induces them to invest with a promise of lucrative returns.

Public Warning regarding business activities of Gold Mine International


Guidelines from the Securities and Exchange Commission of Pakistan For Joining any MLM Business

The SEC suggests that the investors should use common sense, and the following five tips when making their investment decisions:

· Avoid any plan that includes commissions for recruiting additional distributors. It may be an illegal pyramid.


· Beware of plans that ask new distributors to purchase expensive inventory.


These plans can collapse quickly, and can be thinly-disguised pyramids.
· Be cautious of plans that claim you will make money through continued growth of your down line (commissions on sales made by new distributors you recruit), rather then through sales of products you make your self.
· Beware of plans that claim to sell miracle products or promise enormous earnings.

· Beware of shills – “decoy” references paid by a plan’s promoter to describe their fictional success in earning money through the plan.


These Tips are Suggested by SECP Securities and exchange commisions of Pakistan about Joining Any Network Marketing Company In Pakistan

YOu can Read this On SECP official Site Here is the link
http://www.secp.gov.pk/news/PDF/apr_01_04_PyraqmidMLM.pdf