Ever since this paper highlighted a first-person account of what it was like to almost be duped into joining the QNet scam by the smooth-talking Michael Ferreira, readers’ response has been pouring in
Ever since this paper highlighted a first-person account of what it was like to almost be duped into joining the QNet scam by the smooth-talking Michael Ferreira, readers’ response has been pouring in. While the former world billiards champion is now behind bars, several readers wrote to this paper to ask how they can contact an activist who has been helping the fraud victims – the activist’s work was also highlighted in this paper.
The reports and action on QNet should serve as a warning for people swayed by multi-level marketing and ponzi schemes. Beware the silver-tongued pushers of such schemes, which usually amount to nothing. The top of the pyramid may make money, but the lower levels usually dry out and it is difficult to keep recruiting new members like these schemes demand.
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Like so many QNet victims found, many a time, the products that are sold are bogus. A disk cannot cure one of ailments nor does it have health-giving properties. The holidays or vacations too proved difficult to get. A victim said she was given the routine answer of no rooms available whenever she tried to book one at the resort where she had bought the vacation from.
There are many such fraudulent schemes that flourish because even the most educated, and qualified individual can fall for the age-old ‘get rich quick’ trap. Look through these shams and do thorough research. Today, information is available at the click of a button. Look at the back stories of people who have been trapped in such falsehoods.
It is also easy to get swayed by famous names and faces associated with such dubious ventures. Do not get taken in by their legend or their aura. Instead, concentrate on what they are saying and develop a healthy scepticism.
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