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New type of investment club
Has anyone come across a club called "cashevolution"
which is based in Aukland New Zealand.

Would appreciate any input.

thanks
Actually, I came across it from the downline building club
that I am in.

I have not join it because it cost 25 USD per month to join
it though. You have to get 3 referrals that pays the 25
USD per month. Then you won't have to pay anything again.

Try to get 155 Referrals then you will make like over 1,400
USD. Then the club will take 10% of it to invest your money
into stocks or something like that.

You get an offshore bank account as well.

I don't know but it seems that a lot of people are joining
it because of a big downline club that is promoting it along
with a lot of big webmasters.



Really, I don't think I can even recruit one person. Not
everybody can recruit though. If you have a good upline,
you can get spillover from them.


Oh well.


c cree wrote:
> Has anyone come across a club called "cashevolution"
> which is based in Aukland New Zealand.
>
> Would appreciate any input.
>
> thanks
Does "cashevolution" actually invest in anything, or do any
kind of investment education for its members? Sounds like a
pyramid scheme to me.
Regarding CashEvolution:

This is definitely a pyramid scheme. The multilevel
marketing angle is a rip-off which doesn't work in the
long-term in regular marketing venues. Further, ffshore
bank accounts that are used to hide money from the US
government is also ILLEGAL.

I hope this will be the end of this discussion here.

Lynn Ostrem,
VP, Crow River Investment Club
www.bivio.com/crowriver
I agree Kristin, I think it sounds like a pyramid as well.
It sounds like someone has developed a NEW way to get people
involved in something that benefits the the top line and,
pardon my term, screws the bottom line. I don't really know
that much about this "cashevolution", but it's not something
i'd throw my money into for sure.

Jim
Bear Assets L.L.C.

Kristin Evenson Hirst wrote:
> Does "cashevolution" actually invest in anything, or do any
> kind of investment education for its members? Sounds like a
> pyramid scheme to me.