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from a distance!Pyramid Schemes
How to spot
A pure pyramid schemes is a scheme where participants receive compensation derived primarily from recruiting other people into the scheme. Monies exchange hands and participants make money by recruiting new participants into the scheme.
Enquiries@thencc.org.za | www.thencc.gov.za
What to do When you suspect that an investment is a pyramid scheme?• Verifythelegitimacyofaninvestmentbrokerbefore
youinvestbyvisitinghttps://www.fsca.co.zaorcallingtheFinancialSectorConductAuthorityon0800203722.
• ReporttheseschemestotheNationalConsumerCommissionon0124287000orvisittheirwebsite:onwww.ncc.gov.za.OR
SouthAfricanReserveBank(BankSupervisionDepartmentcontactdetails:012313-3911086112SARB(0861127272)OR
TipoffReserveBank:0800677772 E-Mail:SARBCBSU@resbank.co.za
THESE SCHEMES ARE ILLEGAL AND IN THEIR NATURE NOT
SUSTAINABLE AND ARE GUARANTEED TO COLLAPSE.
HOW DO THESE SCHEMES WORK?
A pure pyramid schemes is a scheme where participants receive compensation derived primarily from recruiting other people into the scheme. Monies exchange hands and participants make money by recruiting new participants into the scheme.
Enquiries@thencc.org.za | www.thencc.gov.za
What to do When you suspect that an investment is a pyramid scheme?• Verifythelegitimacyofaninvestmentbrokerbefore
youinvestbyvisitinghttps://www.fsca.co.zaorcallingtheFinancialSectorConductAuthorityon0800203722.
• ReporttheseschemestotheNationalConsumerCommissionon0124287000orvisittheirwebsite:onwww.ncc.gov.za.OR
SouthAfricanReserveBank(BankSupervisionDepartmentcontactdetails:012313-3911086112SARB(0861127272)OR
TipoffReserveBank:0800677772 E-Mail:SARBCBSU@resbank.co.za
HOW DO THESE SCHEMES WORK?
THESE SCHEMES ARE ILLEGAL AND IN THEIR NATURE NOT
SUSTAINABLE AND ARE GUARANTEED TO COLLAPSE.
from a distance!Pyramid Schemes
How to spot
YOURRIGHTTOFAIRTRADEANDHONESTDEALINGS
www.thencc.gov.zaEnquiries@thencc.org.za
A pure pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services.
THESE SCHEMES ARE ILLEGAL AND IN THEIR NATURE NOT
SUSTAINABLE AND ARE GUARANTEED TO COLLAPSE.
from a distance!Pyramid Schemes
How to spot
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