Should i go ahead with this Online survey

Status
Not open for further replies.
ragzdiablo said:
^^guys enough with the crap talk..
i saw the topic right now..
and have to tell you guys..

IM USING SPEAKASIA CURRENTLY..
and not just one account for 11k..
i got three accounts for 33k..

and im getting 12k per month in my bank account..
i havnt made any referrals yet..just earning on surveys..

The site is very legit..

Anyone wanting to join..PM me..
join under me..ill earn more..mhuahua.. :D

Me wants more money!!

and again..
ITS NOT A SCAM!
Click to expand...

How long have you been registered at this site? You took a risk and paid 33K up front ?? You are getting 12k every month for how many months and this 12k must be for 3 accounts.
 
nehaladsul said:
Pay 11k for me bro... Once I get my first payment of 12k, I'll return ur 11k to u.... Promise...!!! :!

Moreover, as I will be joining under u, u'll be earning more.... So, it's a win-win situation for u...!!! :yahoo:

Hahahahahahahahaha!!! :rofl: :rofl:
Click to expand...
Thats a great scheme..:)

and i promise i would have done that..if i was the one earning...

but im just a student and my dad is the one who controls the transactions and accounts..

and i dont think he will agree on this scheme..

moreover..i did not join speakasia for the referring system..

my dad got the accounts so that me and my sister do something other than gaming/talking to friends all day..:D

and we get our pocketmoney from this also.. :P

and one more thing..its 4k per month for one account..

2 surveys per week...means 8 in a month..

and 500 per survey..

Sandy said:
How long have you been registered at this site? You took a risk and paid 33K up front ?? You are getting 12k every month for how many months and this 12k must be for 3 accounts.
Click to expand...
i completed one month with this subscription last week..

completed 24 surveys..

ya, my dad got 3 accounts straight..because his best friend has been subscribed to this for more than 7-8 months..and he suggested what to do..

his friends has got 7-8 panels..he has invested around 2 lakh in this..and he is earning 70-80k per month..

yes..the 12k is for 3 accounts..

4k per account...

and the amount is a lil more than 12k..

since i have three accounts..

one is the head acc..and other the legs..

so what ever surveys the legs do..the head gets some money too per each survey..(thats how the referring works, who ever you add becomes your leg..and you earn with each survey they do)..

PS: im in no way promoting this site...

i just wanted to tell..that its legit..
 
^^ Ohh.. In that case, pls ask ur dad to adopt me...

Lolzzz :P

Still, no hard feelings... I just cannot believe this and that's why I keep poking around in this thread.... :P

Neway, if u are so sure about it, let the OP decide what is best for him.
 
This is what is called a typical pyramid scheme, especially the leg system. Refer to Wikipedia: http://en.wikipedia.org/wiki/Pyramid_scheme :)

A pyramid scheme is a non-sustainable business model that involves promising participants payment, services or ideals, primarily for enrolling other people into the scheme or training them to take part, rather than supplying any real investment or sale of products or services to the public. Pyramid schemes are a form of fraud.[1][2]

Pyramid schemes are illegal in many countries including Albania, Denmark, Australia,[3] Brazil, Bulgaria, Canada, China,[4] Colombia,[5] Estonia,[6] France, Germany, Hungary, Iceland,[citation needed] Iran,[7] Italy,[8] Japan,[9] Malaysia, Mexico, Nepal,[citation needed] The Netherlands,[10] New Zealand,[11] Norway,[12] the Philippines,[13] Poland, Portugal, Romania,[14] South Africa,[15] Sri Lanka,[16] Switzerland, Taiwan, Thailand,[17] Turkey,[18] the United Kingdom, and the United States.[19]
Click to expand...

Sadly not illegal in India yet. I did know someone who practically made a living taking part in multiple such schemes, but the thought of what was happening to the people lower down who would end up losing their money in the end pretty much keeps me personally from participating in any of these.

Typical modus operandi: For a while, the pyramid builds up, with people on top being paid from the money that comes from new joinees and so on. Once the pyramid really builds up, the whole scheme usually unfolds since its unsustainable in the long run, with the top guy collecting the accumulated money and doing a disappearing act. Yes you may actually earn some, especially if you arent in the lower leg. If you are, then its bye bye 11k, thats the risk here.

Good Luck :)

EDIT:

Oh, and see: http://en.wikipedia.org/wiki/File:Pyramid_scheme.svg Its sustainable only till single digit levels. :)
 
ragzdiablo said:
Dont depend on the referring and the pyramid scheme..

just do the surveys and earn 4k per month..

whats wrong with that?
Click to expand...
The 4k per month is FROM the pyramid scheme.
 
letmein said:
The 4k per month is FROM the pyramid scheme.
Click to expand...
+ you need to pay 11k up front. What happens if you dont reach the second month? :) Else think about it, why would anyone ask you for upfront payment if their objective is to pay you for doing surveys? Thats what creates the funds to pay those already in the scheme :)
 
If the Egyptians had known that the Pyramids would be used to fool people, they would never have built them!!!

:rofl: :rofl:
 
kippu said:
Another MLM scam in the happening this time under the pretext of an online survey - Moneylife: Personal Finance Magazine

kindly read
Click to expand...
I like this part:

Speakasiaonline.com is hosted in the US on the GoDaddy.com server and the hosting services will expire on 21 January 2011. Besides that, there is no information available on the domain, its owners, their addresses and contact details.

The company website does provide links for all countries and major cities but directs all queries to its Singapore address only, which neither has a telephone number nor any email ID. Except India, the so called 'good income business opportunity' does not exist for other countries.



According to a complaint posted on India-complaints.com, this company has changed its name three times over the past five years and is blacklisted for non-compliance in Singapore.
Click to expand...
 
^^ I already posted the same thing and the Wiki link as well..:P The thing about it is that some people don't seem to realize is that it cannot be anything but a scam. There is no business sense in it for it to be anything but a scam. The basic gist of it is taking money from a lot of people by building a pyramid like chain network , giving back to a few and pocketing the bulk of it before vanishing. It doesn't matter how long it has been running or how much someone earned already. If someone earned out of it, it automatically means that some else in the lower rungs of the pyramid is getting ripped off. So in essence everyone who earned money out of such as scheme has directly or indirectly scammed someone else.

To put it bluntly, there are only two roles in such schemes namely The scammer and the scammed. Anyone who lost money is scammed and any one who got money back is either a direct or indirect scammer.

Also, there are only two kinds of people who get involved with such schemes.

1. Those who are oblivious to the fact that its a scam because they are too lazy to apply some common sense and they either get scammed themselves or bring in others like themselves to be scammed.

2. Those who make sure that they are in the top rungs of the pyramid and don't have any qualms about the fact that others in the lower rungs of the pyramid (sometimes their own friends/relatives who they themselves invited to become part of the lower rungs) are going to get ripped off in order for them to make money.
 
techie_007 said:
+ you need to pay 11k up front. What happens if you dont reach the second month? :) Else think about it, why would anyone ask you for upfront payment if their objective is to pay you for doing surveys? Thats what creates the funds to pay those already in the scheme :)
Click to expand...
i do get your point..

even i was scared before signing up..

but seeing my friends..who are members since 6-7 months..and are getting paid..

i thought it was worth a shot..

it is a risk you have to take..

theres another company called bransinfo..

its india based only..

and works on the pyramid referring system..

i payed 5k in starting...

and then started with the referring..

but since the members which came under me..where inactive...

i got screwed..

my brother is still using bransinfo..

and the members under him are doing well..and hes getting a good sum every month...

its all on luck..and wud say again..its a risk you have to take..

even if i get payed for 5-6 months..and then the company is shut down...

i dont give a crap...its good money earned..even if its 15-20k...
 
^^ Get a life mate... Do something better with your time and money...

Seriously, there are many other better things that u can do with ur time and money.

Still, I can only suggest; afterall its ur money.
 
ragzdiablo said:
even if i get payed for 5-6 months..and then the company is shut down...

i dont give a crap...its good money earned..even if its 15-20k...
Click to expand...
It may be fine with you, but not everyone can digest the idea of scamming someone else (even indirectly) to make money.
 
^how the heck am i scamming anyone...

i mentioned before im not in this because of the referrals..im just in it because of the surveys..

how am i misleading someone else..?

@nehaladsul..

please mind what you are saying..

you are no one to tell me to get a life..its just timepass for me...

good way to get some pocketmoney..

im still a kid doing my engineering...

its just f'ing surveys...

spending 30 mins in a week to do them..doesnt mean my life is revolving around it..
 
ragzdiablo said:
^how the heck am i scamming anyone...

i mentioned before im not in this because of the referrals..im just in it because of the surveys..

how am i misleading someone else..?

@nehaladsul..

please mind what you are saying..

you are no one to tell me to get a life..its just timepass for me...

good way to get some pocketmoney..

im still a kid doing my engineering...

its just f'ing surveys...

spending 30 mins in a week to do them..doesnt mean my life is revolving around it..
Click to expand...
Right, but the money you earn comes from other (unsuspecting) people.
 
and vice versa?

the money they earn...some of it is coming from me..?

isnt it obvious..?

god forbid..if this turns out to be a disaster..

in that case also..im the being who got scammed..

why are people blaming me that im scamming others?
 
Like I said b4, it's up to u what u do with ur money...

Do what u like... Scam or don't scam, upto u...

Chill... :P
 
Chaddo yaar If someone is hell bent on throwing in money in a scheme ...so be it

...

he'd either be RICH

OR

Learn a GOOD lesson for the rest of his/her life (a lesson that cost whatever money the person burnt).

I once gave legal opinion on a pyramid scheme, and, from that little experience, I understood if someone is hooked by greed, no amount of reasoning can convince him/her, so either the person becomes rich or he loses and learns.
 
Status
Not open for further replies.
Top Bottom