There’s nothing as intoxicating as piles of money, unless the Feds are watching you count it.
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Explicit content warning
09/24/18 • 40 min
7 Listeners
The Dream - S1 E1: Wanna Swim in Cash?
Transcript Summary
In the podcast episode titled "Wanna Swim in Cash?", the story unravels around a scheme known as the Airplane Game, which was popular among the Human Potential movement in New York City. Participants were promised the opportunity to earn $12,000 in a week by investing $1500 and recruiting others. The scheme, initially seen as a way to achieve personal development and prosperity, eventually faced doubts and suspicions of being a pyramid scheme. The local newspaper exposed the potential fraud, leading to raids and arrests by the county Sheriff's department. The entire scheme started to crumble, causing fear and distrust among participants. This episode, part of The Dream podcast exploring MLMs and their impact on top-level individuals, sheds light on the deceptive tactics and manipulations used by MLMs to recruit and sell products. It highlights the unsustainable nature of these schemes and the financial strains participants may face. This eye-opening episode aims to raise awareness of the true nature of MLMs, which is often misunderstood, and the underreported fraud statistics for pyramid schemes. Listening to this episode will provide valuable insights into the world of MLMs and the influence of money at the top level.
Transcript
Pretend I'm somebody that you've just met, and I see you mean, what's this pitch? Give me the pitch? Oh well, give me them on. You know you can give me fifteen hundred dollars and in a week you can walk away with twelve thousand. You know, we have endless resources. I've got a list of people that even if you don't know them, I know them, and you can call them and all you have to do is be positive and they will get it from you. Come on, you can do
S1 E1: Wanna Swim in Cash? Top Questions Answered
What is the philosophy behind attracting prosperity and positive thinking?
The philosophy emphasizes positive thinking to attract prosperity and success.
How did the speaker turn $1,500 into $12,000?
The speaker joined a scheme that involved buying into multiple "planes" and making money from new recruits.
What did the scheme involve?
The scheme involved buying into multiple "planes" and making money from new recruits.
How did the speaker legitimize the money paid in the scheme?
The speaker presented roses to participants as a "product" or "service" to legitimize the money paid.
What type of scheme did the speaker's community in South Florida become addicted to?
The community became addicted to a scheme that relied on an endless chain of new recruits.
What did people start doubting about the scheme?
People started doubting the legitimacy of the scheme, with some raising concerns about it being a pyramid scheme.
What legal category did the scheme fall under?
Legally, the scheme fell under the category of multi-level marketing or direct sales.
How is multi-level marketing presented to recruits?
Multi-level marketing is presented as a legitimate business opportunity, using prosperity thinking and positive messaging.
What is the connection between multi-level marketing and other industries?
Multi-level marketing is connected to various industries, including real estate and network marketing.
Why does fraud persist in pyramid schemes and multi-level marketing?
The lack of awareness and reporting contributes to the persistence of fraud in these schemes.
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