EDC Gold and EDC Diamond the real story
EDC Diamond and EDC gold are taking the internet by storm as one of the most search for internet businesses. Craig Garcia prides him on offering the master resell rights to 3,000 digital products, many of them old e-books and software that can be downloaded for free or bought for pennies on the dollar. So if the products are junk then how do they make there money? Easy, the members keep selling the business opportunity over and over again. Talk about serious market saturation. If virtually all people sell the business then they become in direct competition with each other.
By definition the reselling of the business opportunity and bogus products that are a front, fall under the category of a pyramid scheme. Pyramid schemes are out right scams and are technically illegal by “Federal Trade Commission”. Pyramids became a big problem way back in the 1980’s when people would sell junk like weight loss cookie but really between the lines act as a pyramid scheme.
Here’s a quote from WikiPedia: “A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, usually without any product or service being delivered. It has been known to come under many guises. Some famous examples including the massive Albanian Pyramid Schemes of 1996 were technically not Pyramid schemes but Ponzi schemes.”
“Pyramid schemes are illegal in many countries, including the United States,the United Kingdom, France, Canada, Malaysia, Norway, Australia, New Zealand, Nepal, Sri Lanka, and Iran. These types of schemes have existed for at least a century.”
Need I say more? Please visit the website below for the rest of the really story about EDC | Easy Daily Cash.
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