Even when a product-based pyramid scheme has the highest quality “product”, it does not matter. If recruitment is the focus and not product sales, you are promoting a scam. Even a “product” as pure as gold will not change that. Let’s see why they are a scam in this EmGoldex review.
A recent technique for scammers is to use gold as a cover for running a pyramid scheme. In my opinion, this company is a perfect example of this type of scam. With their marketing program only a small amount of gold is actually sold by EmGoldex. The vast majority of the money is made by people investing in their pyramid scheme instead of gold.
The Philippines Department of Finance Securities and Exchange Commission has issued a warning that advises you to NOT invest money in EmGoldex.
The SEC reiterated
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