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The Kubus scheme was a scheme that originated in South Africa in the 1980s and was subsequently exported to the United States. It involved the cultivation of milk yeast cultures, which was sold to the originator, and the recultivating of the next batch. The producers had to canvas new members to the organisation to ensure sustainability.
There are still some schemes out there that, although they sound a little shady, are nonetheless legitimate and might help you make money quickly. 9 Successful Money-Making ‘Schemes’ That Are ...
Eventually, all of the people at the lower levels of the pyramid do not make any money; only the people at the top turn a profit. [4] People in the upper layers of the pyramid typically profit, while those in the lower layers typically lose money. Since most of the members in the scheme are at the bottom, most participants will not make any money.
MTI faced intense scrutiny and legal challenges, particularly from South African authorities, who alleged that it was operating as a fraudulent scheme. MTI's unraveling led to its eventual collapse, the arrest of key figures, and significant financial losses for many investors. [3] [4] [5] The scheme involved 100,000 people from 140 countries. [6]
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MMM Global (also known as МММ-2011 / МММ-2012) is a Ponzi scheme launched in 2011 by Sergei Mavrodi, with subsidiaries in up to 110 countries. [citation needed] MMM Global is a new avatar of the Russian company MMM, also created by Mavrodi and which operated from 1989 to 2004.