🚀 go-pugleaf

Money (he...@money.com) wrote:
: If you find this article offensive, please accept my apoliogies to you
: and your newsgroup.

: First of all, IT'S PERFECTLY LEGAL! (Call 1-800-725-2161) if you
: have any questions about the following opportunity to make
: $50,000.00 and that probably WITHIN LESS THAN TWO MONTHS!

: WHAT IT IS AND HOW IT WORKS ???

: Well, here it goes:



Section 206(1)(e) of the Criminal Code of Canada:

"206. (1) Every one is guilty of an indictable offence and liable to 
imprisonment for a term not exceeding two years who
(e) conducts, manages or is a party to any scheme, contrivance or operation 
of any kind by which any person, on payment of any sum of money, or the giving
of any valuable security, or by obligating himself to pay the sum of money or
give any valuable security, shall become entitled under the scheme, contrivance
or operation to receive from the person conducting or managing the scheme, 
contrivance or operation, or any other person, a larger sum of money or amount
of valuable security than the sum or amount paid or given, or to be paid or 
given, by reason ofthe fact that other persons have paid or given, or 
obligated themselves to pay or give any sum of money or valuable security under
the scheme, contrivance or operation;
Emphasis added for understanding 

Some examples of Pyramid Schemes

The Ontario Court of Appeal dealt with a one, two, four, eight pyramid 
structure in 1982 in Regina v. MacKenzie and Meilleur.  The pyramid scheme
in this case required that each person would pay in $1000.00, and that the 
"one" would receive $8000.00 when the "eight" had paid in. After this the 
pyramid would split, the "two" advance to the "one" position and an additional
"eight" would be required for each of the structures before the "one" would be
paid and the pyramids again split.  The court stated that the section 
prohibiting pyramid selling "is designed to protect persons from those who
would exploit people who understandably dream of substantial monetary gains 
that materialize overnight. Surely, this is a weakness that is common to most
members of the family of mankind. The mathematics of pyramid schemes is such 
that for most participants other than the instigators the end result must be 
the loss of their investment."



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