BurnLounge? Pyramid Scheme?
September 19, 2006 5:31 PM Subscribe
What is BurnLounge? A pyramid scheme? Anyone have any experience with?
My sister is about to invest in BurnLounge.com (Sorry I am new and don't know how to add a link). I suspect it being a pyramid scheme. But one of the spokesmen is Rick Dees who to me seems to be too well known to be involved in a pyramid scheme. I dont know does anyone know anything about it?
My sister is about to invest in BurnLounge.com (Sorry I am new and don't know how to add a link). I suspect it being a pyramid scheme. But one of the spokesmen is Rick Dees who to me seems to be too well known to be involved in a pyramid scheme. I dont know does anyone know anything about it?
Oh yeah. Just read the details. Low introductory fee, sell to friends, then upgrade to a higher end retailer package for $600 a year. The classic pyramid scheme has investment fees that are way higher than the expected sales volume, and as such you need to sell others on the investment themselves, not the product.
Definitely sounds like a scheme to me.
posted by WinnipegDragon at 5:44 PM on September 19, 2006
Definitely sounds like a scheme to me.
posted by WinnipegDragon at 5:44 PM on September 19, 2006
I know one of the guys that's trying to market this. He's in to a LOT of "Multi-Level Marketing" scams, er, "things". So, um, yeah.
BUT, this guy IS pretty wealthy, for what it's worth. He gets in early on these things.
posted by Wiggo at 6:25 PM on September 19, 2006
BUT, this guy IS pretty wealthy, for what it's worth. He gets in early on these things.
posted by Wiggo at 6:25 PM on September 19, 2006
NNNNOOOOOOOOOOOOOOO!!!!!!!!!
posted by BillBishop at 6:37 PM on September 19, 2006
posted by BillBishop at 6:37 PM on September 19, 2006
Sigh. I used to try to stop people from getting involved in MLM foolishness, but ultimately it's pointless. Everyone likes to think they'll be at the top of the pyramid when it crashes.
Think of it as a $500 lottery ticket.
posted by aramaic at 7:13 PM on September 19, 2006
Think of it as a $500 lottery ticket.
posted by aramaic at 7:13 PM on September 19, 2006
>one of the spokesmen is Rick Dees
Just to be clear on this, you're saying it ought to be legit because the creator of "Disco Duck" is endorsing it?
posted by AmbroseChapel at 7:22 PM on September 19, 2006
Just to be clear on this, you're saying it ought to be legit because the creator of "Disco Duck" is endorsing it?
posted by AmbroseChapel at 7:22 PM on September 19, 2006
Sure, Rick Dees wrote the music and lyrics to 'Disco Duck,' but the recording is credited to Rick Dees and His Cast of Idiots.
I've been wondering what the Cast of Idiots was up to these days, and, after looking at burnlounge, I think I may have an answer.
posted by box at 8:20 PM on September 19, 2006
I've been wondering what the Cast of Idiots was up to these days, and, after looking at burnlounge, I think I may have an answer.
posted by box at 8:20 PM on September 19, 2006
How does that saying go? You know, the one that's essentially a polite way of telling people to use their common sense and quit fooling themself?
It starts something like, "If it quacks like a disco duck...."
posted by Mr. Gunn at 9:33 PM on September 19, 2006
It starts something like, "If it quacks like a disco duck...."
posted by Mr. Gunn at 9:33 PM on September 19, 2006
Is Burnlounge a scam? Well, the Federal Trade Commission thinks so.
posted by box at 3:01 PM on July 6, 2007
posted by box at 3:01 PM on July 6, 2007
This thread is closed to new comments.
posted by WinnipegDragon at 5:41 PM on September 19, 2006