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News of Karvy Funds
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Wealth Create Solutions is dedicated to provide you with stable and secure solutions for members to build financial success.
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News of Infinity Ventures Private
Greeting users ,
Hope you all are fine . We just wanted to catch up on with the missing principal return problem for some of our members who`s plans matured recently.
There was a glitch in the system which has been removed and missing principal returns of affected users have been added. ...
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Completed 60 Days Online! We Congrats you that we have completed 60 days Online We made much profits in crypto trading mostly in Bitcoin Trading due to his last fluctuation.
08 Feb,2017
News of Tp Fx Pro
Good day, all our investors!

Today is a great day, because TP FX PRO LTD. celebrating it's 100 days online! And we won't stop! We have made so many investors around the world so happy. We helped the reach them financial freedom. Could you ever imagine, that you will have opport...
LATEST SCAMs
Article
Doubler 
Published 2009/4/10
Article Rated: 7.00
3.9 star rating (45 votes)
A doubler works very simply, when a member joins they pay a fee and after a certain amount more members join they are paid back double what they paid to join. They are also paid commissions for everyone they refer who joins.

Members can purchase more positions in the line from the memberís area, and can also set their account to re-enter the line automatically when they cycle, or not re-enter. If they enter, the amount will be deducted from their total balance.

Members can top up their balance at any time using Paypal. Itís fully automated, so the admin doesnít have to worry about manually confirming payments. Members can also earn extra money by referring people. For everyone they refer, they will be paid a commission, which you also set.

The modern Internet Marketer may well be familiar with the doubler programs and how they operate. Usually this runs along the lines of Join a program early and withdraw yours funds before program collapses, effectively using doublers as a form of gambling.


Putting aside the obvious financial risks of such an approach, this view selfishly ignores the large number of people who will lose their investment from the program.

When a doubler program collapses, everyone who invested last loses their investment. In some cases this can affect hundreds or even thousands of people. Sadly, many of these will assume that it was the individual program, rather than the concept, that was to blame and will try again with a new program.



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