The simple answer if you do a bit off digging is yes!
I sometimes use this site as a way to alert the readers of scams. Having stumbled on a business card promoting the TVI scheme in Playa Blanca here in Lanzarote very recently and having previously been asked by a friend to check out its credibility this seemed as good a place as any to put this. I won’t embarrass anyone with the name on the card – they’ve just got sucked into a pyramid scam and have lost $275-
What claims do they make?
What is it in reality?
It’s a classic pyramid sales scam, (A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, without any product or service being delivered. Pyramid schemes are a form of fraud – Wikipedia)
If you’re the person who’s name is on the card (nobody I know), I’m very sorry you got ripped off.
Anyone else, please be on your guard. I know times are hard for many here on our little island, as they are elsewhere, it’s a perfect time for the unscrupulous to prey on hopes and dreams. Make no doubt these people will take your last penny off you. Don’t buy dreams – if it looks to good to be true, it probably is. We all know that – but sometimes even good people get caught out when times are tough.