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GIFT OF LEGACY REVIEW: REBOOTED $100 GIFTING PYRAMID SCHEME
Nov.16, 2021 in MLM Reviews
Gift Of Legacy fails to provide company ownership information on its website.
In fact as I write this, Gift Of Legacy’s website is nothing more than a video
placeholder with a launch timer.
The company however is being actively marketed on social media.
Gift of Legacy’s official YouTube channel was created in January 2021.
Videos started to appear on the channel a month ago. Those featured in the
videos mostly have South African accents.
The first webinar was streamed on Gift Of Legacy’s YouTube channel on October
12th.
Ringleaders running the show are Chris Hattingh and Candice Donadel.
Chris Hattingh is a former Mirror Trading International promoter.
Mirror Trading International was a South African Ponzi scheme that collapsed in
October 2020.
South African authorities confirmed a Mirror Trading International investigation
in December 2020. Almost a year later nothing has publicly come of it.
Candice Donadel used to run a hair salon. Now she thinks she’s an “earth wizard”
and posts whacky conspiracy theories on social media.
In a May 2021 marketing video for Elite Inc., Donadel explains what happened;
> [0:30] I went through a lot of staff because nobody got as busy as I did. And
> I just wasn’t in a happy space.
>
> And then one day I slipped in the salon and completely hurt my back. I was
> rendered absolutely useless.
>
> So I had three weeks off where I couldn’t do any hair … and that’s how I found
> out about Niel’s course – just from being flat on my back and looking on
> FaceBook.
Donadel fell down the Facebook boomer conspiracy rabbit hole, Elite Inc. didn’t
work out and here we are with Gift Of Legacy.
Despite appearing to be in prelaunch, in a recent November 11th Gift Of Legacy
webinar, presenter Petra Laranjo claims she was recruited by Angela Kilian in
January 2021.
Later in the webinar Petra references a “precursor program from 2009”.
This piqued my interest but I wasn’t able to link anything conclusively.
In any event, it’s clear Gift Of Legacy has already launched and was actively
recruiting as early as January 2021.
Update 17th November 2021 – Gift Of Legacy’s precursor was Kindred Hearts.
Chris Hattingh claims Kindred Hearts was being run by an anonymous eighty-three
year old woman from America.
Hattingh and Donadel claim Belinda Bryandt was their contact at Kindred Hearts.
Bryandt allegedly booted Hattingh and Donadel out of Kindred Hearts because they
weren’t from the US.
Gift Of Legacy’s website domain was registered in July 2021.
Chris Hattingh and Candice Donadel announced Gift Of Legacy’s launch on
September 28th. /end update
Read on for a full review of Gift Of Legacy’s MLM opportunity.
GIFT OF LEGACY’S PRODUCTS
Gift of Legacy has no retailable products and services.
Affiliates are only able to market Gift of Legacy affiliate membership itself.
GIFT OF LEGACY’S COMPENSATION PLAN
Recruited Gift of Legacy affiliates buy into a four-tier gifting scheme.
Gifting payments within Gift of Legacy are tracked via a 2×3 matrix.
A 2×3 matrix places an affiliate at the top of a matrix, with two positions
directly under them:
These two positions form the first level of the matrix. The second level of the
matrix is generated by splitting these two positions into another two positions
each (4 positions).
Level three of the matrix is generated in the same manner and houses 8
positions.
When a Gift of Legacy affiliates buys into one of the four tiers, they are
placed at the top of a corresponding 2×3 matrix.
Positions in the matrix are filled via subsequent gifting payments. When all
positions are filled a “cycle” is triggered.
The first cycle at each matrix tier triggers payments and generation of new
positions as follows:
* Bronze (positions cost $100) – $300 in gifting payments, generates a new
Bronze position plus entry into the Silver matrix tier
* Silver (positions cost $400) – $1200 in gifting payments, generates a new
Silver position plus entry into the Gold matrix tier
* Gold (positions cost $1600) – $6200 in gifting payments, generates a new Gold
position plus entry into the Platinum matrix tier
* Platinum (positions cost $5000) – $35,000 in gifting payments and generates a
new Platinum matrix tier position
Subsequent cycles don’t need to generate higher cycler tier positions and so pay
out more in gifting payments:
* Bronze – $700 in gifting payments and generates a new Bronze position
* Silver – $2800 in gifting payments and generates a new Silver position
* Gold – $11,200 in gifting payments and generates a new Gold position
* Platinum – $35,000 in gifting payments and generates a new Platinum position
Note that because Platinum is the highest tier, first and subsequent cycle
gifting payments are the same.
JOINING GIFT OF LEGACY
Gift of Legacy affiliate membership is tied to a $100 gifting payment.
Gifting payments within Gift of Legacy are made via PayPal, Wise, bank transfer
or cryptocurrency.
GIFT OF LEGACY CONCLUSION
Gift Of Legacy’s marketing shtick is “an incredible algorithm”. The algorithm
supposedly ensures “everyone can ride the board of abundance”.
This is of course baloney; Gift Of Legacy is a simple matrix-based gifting
scheme.
Matrix-based gifting schemes are less common now (most of the scammers have
moved onto crypto), but were a dime a dozen 5-10 years ago.
Constant recruitment is required to keep a gifting scheme afloat. This combines
gifting with a pyramid scheme model.
When recruitment inevitably collapses, so too does the gifting scheme.
Being a matrix-based gifting scheme, Gift Of Legacy’s collapse will be preceded
by its matrices stalling.
Once enough matrices have stalled, that’s the end of the scam.
On the numbers side of things you have $100 going in and $42,700 coming out.
Additional cycles pull out even more funds.
Without accounting for additional cycles, the math behind Gift of Legacy is
already ridiculous.
One person needs 427 $100 gifting payments to withdraw across all four tiers.
Those 427 people need 427 $100 gifting payments each, they need 427 $100 gifting
payments each and… pretty soon you’re looking at numbers running into the
billions.
That’s obviously not going to happen, and so the stage is set for your typical
MLM gifting scheme collapse.
As with all MLM gifting schemes, the primary beneficiaries are those running
them.
With Gift of Legacy that’d be Chris Hattingh and friends.
This transfer of money takes place through one or more preloaded admin
positions.
These positions cycle first and through these cycles, suck up the majority of
gifted in funds at the higher gifting tiers.
In order for that to happen, the majority of Gift Of Legacy participants have to
lose money.
And that’s exactly how every MLM gifting scheme plays out.
This is basic math. Anyone telling you otherwise is, knowingly or otherwise,
lying to you.
Gift Of Legacy is currently scheduled to relaunch on November 20th:
Those promoting Gift Of Legacy are actively targeting those financially impacted
by the COVID-19 pandemic.
Apparently further ruining them financially through a gifting scam is somehow
helping.
Update 8th December 2021 – Despite promising an “official confirmed” launch in
late November, Gift of Legacy still hasn’t launched.
A visit to Gift of Legacy’s website today reveals any mention of a launch date
has been removed.
Instead the website now states “launch to be announced… soon”.
Videos discussing the late November launch have been deleted from Gift of
Legacy’s YouTube channel.
One of those videos was cited and linked to in this review. As such I’ve had to
disable the previously accessible link.
RELATED POSTS:
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2. It’s Only 5 Review: $5 in $30 million out matrix cycler Ponzi - Aug 7th,
2022
3. Tirus Review: Moscow real-estate Russian Ponzi cycler - Mar 23rd, 2022
4. Foxx Legacy Review: Pet & people supplements with a lack of info - Sep 27th,
2016
5. Gift of Legacy implodes, scammer infighting & planned reboot - Jul 28th,
2022
169 COMMENTS ON “GIFT OF LEGACY REVIEW: REBOOTED $100 GIFTING PYRAMID SCHEME”
#1
AntiMLM
Nov 16th, 2021 at 1:32 pm AntiMLM(Q)
Chris Hattingh’s previous scheme they talk about is likely Kindred Hearts. Below
video his testimonial for Kindred Hearts posted in May 2021
youtube.com/watch?v=0aQfgsOCSq8
Here’s a video talking about transitioning from Kindred Hearts to Gift of Legacy
from GOL’s Youtube:
youtu.be/xHP3Sgo2KeY
#2
Jaco Duvenhage
Nov 16th, 2021 at 2:52 pm Jaco Duvenhage(Q)
I did a review on my YouTube Channel and came to the same conclusion as you OZ.
I have to say. The GOL Members are spitting fire at me. LOL. They just don’t get
it.
#3
Jimmy
Nov 16th, 2021 at 4:01 pm Jimmy(Q)
> Jaco Duvenhage:
> I have to say. The GOL Members are spitting fire at me. LOL. They just don’t
> get it.
They know 100% what they are doing is illegal, they just don’t want people to
know
#4
Oz
Nov 16th, 2021 at 10:07 pm Oz(Q)
Ah so it is indeed a collapsed gifting scheme reboot.
Gift of Legacy website domain was registered in July 2021 – so they knew at
least then Kindred Hearts was over.
#5
AntiMLM
Nov 16th, 2021 at 10:11 pm AntiMLM(Q)
> Oz:
> Ah so it is indeed a collapsed gifting scheme reboot.
>
> Gift of Legacy website domain was registered in July 2021 – so they knew at
> least then Kindred Hearts was over.
Yup, pretty much winners rebooting for their benefit.
KH affiliates claim GOL is better than KH because KH only failed due to
“technical issues”. “We have a better Dev now”.
Like really.
#6
Oz
Nov 16th, 2021 at 10:27 pm Oz(Q)
@Jaco
> I have to say. The GOL Members are spitting fire at me. LOL. They just don’t
> get it.
The ringleaders get it. The “kumbuya sAcReD eCoNoMiCs” act is just to lure
braindead morons in.
Anyone who understands 1+1=2 steers clear of gifting schemes.
#7
Oz
Nov 16th, 2021 at 10:44 pm Oz(Q)
What a bunch of scamming fucks. I’ve had the video playing while I went through
comments.
They onboarded their Kindred Hearts victims and “opened up to the public” on Nov
5th. Just “get two people” guyz.
Screw the new victims they create because money.
The children’s TV show presenter voices they put on really grates on me. They
know they’re targeting morons and couldn’t care less.
#8
AntiMLM
Nov 16th, 2021 at 10:54 pm AntiMLM(Q)
> Oz:
> What a bunch of scamming fucks. I’ve had the video playing while I went
> through comments.
It’s a clusterfuck of woowoos and “sacred economics” and “it’s legal just like
stokvels” (Stokvel being a group saving scheme in South Africa – requires
registration and obviously money in = money out).
Absolutely 0 collective braincells.
#9
Amos_N_Andy
Nov 17th, 2021 at 1:54 am Amos_N_Andy(Q)
> Those 427 people need 427 $100 gifting payments each, they need 427 $100
> gifting payments each and… pretty soon you’re looking at numbers running into
> the billions.
Fewer than 4 levels to reach a billion. (3.422 levels > 1 billion.)
At 427 per level, 4 levels is more than 33 billion people; more than 4x the
earth’s population.
Math guarantees these things will always implode. The admins make sure they’re
the only winners when it does. Just say “no”, kids, unless you like watching
other people living large off of your money.
#10
Jj
Nov 17th, 2021 at 1:17 pm Jj(Q)
Strangely when I was researching Cfx , there was a lot of negative comments and
nay sayers too.. I lost a 12 months of trade earnings because I listened to
other people’s opinions about CFX, however Cfx is going strong and I’m.glad I
eventually joined and wasn’t influenced by the negative remarks…
With Gift of legacy, there will be naysaying too… perhaps…one should take a risk
to test it to know and understand…
#11
Oz
Nov 17th, 2021 at 1:22 pm Oz(Q)
You didn’t lose anything. You chose not to steal from people in a blatant Ponzi
scheme. Then you signed up for a gifting scheme and proceeded to steal from
people.
> perhaps…one should take a risk to test it to know and understand…
Math is math. Gifting schemes result in the majority of participants losing
money.
#12
AntiMLM
Nov 17th, 2021 at 1:30 pm AntiMLM(Q)
> Jj:
> Strangely…cfx…
CashFX is also a scam, as the numerous warnings from countries all over the
world attest.
“Losing out” on 12months of stolen money sounds like a good thing, at least for
honest people.
So you missed the boat on one scam, then you decide to join another. What kind
of dirty human are you?
#13
Glenda Marais
Nov 17th, 2021 at 4:25 pm Glenda Marais(Q)
I have been asking the universe to assist me financially. Gift of Legacy shows
up. I see what they say and how they roll.
So I decided to stop whining about my financial reality and give it a go. What’s
the worst that can go wrong I ask myself?
I can “lose” a $100….whoopi do! I experienced far worse before.
BUT BUT BUT…I can learn something interesting things about such a community.
I can grow. Hell…I can even make more friends and build my network.
Nothing ventured, nothing gained.
Thank you for the opportunity. I look forward to the adventure.
#14
Amos_N_Andy
Nov 17th, 2021 at 4:26 pm Amos_N_Andy(Q)
> Jj: one should take a risk to test it to know and understand…
What utter nonsense. I do not need to jump off a cliff to see what will happen;
I already know what will happen.
The same is true of a gifting scheme or any other scam.
I understand how math works and know what happens: either I steal from others or
I lose my money. Neither is at all attractive to me.
@Jj: I see you only care about getting money by any means. Kindly piss off.
#15
Shaz
Nov 17th, 2021 at 4:37 pm Shaz(Q)
Clearly all of you and your negative feedback on Gift of Legacy, you are
obviously inherently negative by nature!
The leaders on Gift of Legacy are the most amazing truthful people out there and
have everyone’s back in this regard.
Do yourself a favor and try open up your mind just a bit to understand how
everything is going to flow, in fact it is mind blowing!
Jealousy really gets you nowhere…
#16
Shaz
Nov 17th, 2021 at 4:38 pm Shaz(Q)
By the way stokvel is very legal in South Africa.
#17
Andie
Nov 17th, 2021 at 5:03 pm Andie(Q)
Oh Boy….there are scammers telling everyone else that they are scammers. We sure
are living in trying times…
This is a legitimate platform to sincerely participate in. No trading and
scamming.
#18
Sharon
Nov 17th, 2021 at 5:36 pm Sharon(Q)
This review is not accurate and I find it very unsettling the personal attacks
that it contains. Candice and Chris are kind, loving people and are always
putting others ahead of themselves.
I have been a part of KH for almost a year now. I have received many gifts and
have seen hundreds of others receive gifts.
Unfortunately KH has some admin/IT issues (no way to reset passwords etc.) and
is also only open to USA.
A very wise decision was made to create a new platform. KH members were given a
chance to migrate to the new system at no charge.
The new platform is extremely professional and has amazing new algorithms that
help everyone to move through the boards and to receive.
There are also fail safes written into the system to ensure everyone will
benefit from this.
I cannot wait for the soft launch on 20 November, many people will be blessed by
this.
#19
Andrea
Nov 17th, 2021 at 6:03 pm Andrea(Q)
This is just such a sad day, reading this review.
I lost my job 8 months ago and this has been my ONLY income, I have had
absolutely no income since the pandemic started and now someone who has
everything could potentially ruin what I have in this gifting activity.
KH was very good to me as well as 4 other friends who joined behind me, they
also now, have some form of income….
Why does it seem to me that there are ulterior motives behind this article? I am
devastated that someone – clearly someone who has a job as well as technical
know-how can ruin the lively-hood of those that have not…..
this get back to the conspiracy theory of the 1% that has everything and the 99%
who does not.
Shame on you for potentially ruining my ONLY form of income, you are ruining
more than what you will ever conceive.
#20
Deb
Nov 17th, 2021 at 6:23 pm Deb(Q)
I am so grateful for the gifting community! They saved my life and that of my
child’s.
Having lost everything during COVID, this magical and amazing community has
become my precious family! If it weren’t for this community and sacred economy,
I would be homeless.
I urge you to double check your FACTS and understand one very important
aspect…..THIS IS COMMUNITY!!!
We take care of each other and NOW is the time for us to come together and
respect each and every person who has joined this blessing!
This is no scam; it’s a joy! It’s about time the world shifted to this new and
beautiful paradigm, which, by the way, has been around for YEARS!!! UBUNTU dear
ones….UBUNTU!
We are here to serve…with positivity, ease, joy and glory! You don’t want to get
on board?? that’s your choice…but I have mine and boy am I glad I made this
choice to join the Sacred Economy Community 1 year ago!
I have enormous gratitude and hope you can find it in your hearts to respect and
fully understand the workings of GL.
#21
Tim
Nov 17th, 2021 at 10:14 pm Tim(Q)
Oh dear – another uninformed post by this platform. What a pity people might
read this and be dissuaded from a potential opportunity.
How you can grade a platform that has not been launched, degrade very credible
people (do you know them personally? I do) and also rate something you HAVE NOT
TRIED.
I know from experience Gifting economies work – because I have received
abundantly before – and I started 12 years after it began.
A TRUE critique comes from being a part of the system, following the guidelines
100% and THEN commenting from a position of knowledge and not just opinion.
As for Jaco – you slated GL while promoting your own platform which is extremely
unethical so your credibility is questionable based on your actions.
If you are going to be a professional group, research, interview, test….. then
comment otherwise your ‘journalism’ is purely FAKE NEWS.
#22
M
Nov 17th, 2021 at 10:25 pm M(Q)
Pyramid schemes are where people pay money to an organisation that holds all the
money, in those schemes people lose money.
You will never find a pyramid scheme that is Peer-To-Peer gifting.
Peer to peer Gifting Communities are legal and gifting a person directly is
legal, therefore Gift Of Legacy is legal.
#23
Oz
Nov 18th, 2021 at 12:46 am Oz(Q)
I see this review has reached the Gift of Legacy social media group.
And so we have South Africa’s dumbest trying to convince us an obvious scam
isn’t a scam.
Let’s get this over with…
@Glenda
> So I decided to stop whining about my financial reality and give it a go.
> What’s the worst that can go wrong I ask myself?
You steal a bunch of money from people. Not that you give a fuck.
@Shaz
> The leaders on Gift of Legacy are the most amazing truthful people out there
> and have everyone’s back in this regard.
Gift of Legacy’s leaders are dishonest scammers out to steal as much money as
they can. If they were truthful they’d own that reality.
> By the way stokvel is very legal in South Africa
So is ice cream and the color blue. Gift Of Legacy is still an illegal gifting
pyramid scam.
@Andie
> This is a legitimate platform to sincerely participate in.
> No trading and scamming.
Gift of Legacy is a gifting pyramid scheme. All gifting pyramid schemes are
scams. By definition of being a scam, Gift Of Legacy is the opposite of
legitimate.
You chucklefucks brigading here and lying through your teeth is evidence enough
of that.
@Sharon
> Candice and Chris are kind, loving people and are always putting others ahead
> of themselves.
Candice and Chris are scammers running a gifting pyramid scheme. Gifting admins
are out to steal as much money as they can.
That’s literally the only reason scammers launch gifting pyramid schemes.
> I have been a part of KH for almost a year now. I have received many gifts and
> have seen hundreds of others receive gifts.
You got in early and scammed your fellow South Africans. Here’s a Cookie.
> Unfortunately KH has some admin/IT issues
Math is math and Kindred Hearts collapsed. All gifting schemes collapse.
> The new platform is extremely professional and has amazing new algorithms
Gift Of Legacy is a simple matrix gifting scheme. There are no algorithms.
@Andrea
> I lost my job 8 months ago and this has been my ONLY income
Losing your job isn’t a license to steal money from people.
> KH was very good to me as well as 4 other friends who joined behind me, they
> also now, have some form of income….
Shame about your victims though. But fuck ’em, eh.
> this get back to the conspiracy theory of the 1% that has everything and the
> 99% who does not.
In gifting schemes 1% of the scammers steal from the other 99% that join. Did
you learn basic arithmetic in school?
> Shame on you for potentially ruining my ONLY form of income, you are ruining
> more than what you will ever conceive.
Scamming people is not income.
@Deb
> I am so grateful for the gifting community! They saved my life and that of my
> child’s. Having lost everything during COVID…
You joined a gifting scheme and proceeded to steal from others.
A COVID-19 sob story does not entitle you to thievery. Get it through your
skulls.
> I urge you to double check your FACTS and understand one very important
> aspect…..THIS IS COMMUNITY!!!
The fact is Gift Of Legacy is a gifting pyramid scheme in which the majority of
participants will lose money.
Your cOmMuNiTy is not above the laws of mathematics.
> This is no scam; it’s a joy! It’s about time the world shifted to this new and
> beautiful paradigm, which, by the way, has been around for YEARS!!! UBUNTU
> dear ones….UBUNTU!
All gifting schemes are scams. Gift Of Legacy hasn’t even launched yet and
Ubuntu? Is that code for “I’m a scumbag thief?”
Don’t know and don’t care. Gift Of Legacy is still an illegal gifting pyramid
scheme.
@Tim
> How you can grade a platform that has not been launched, degrade very credible
> people (do you know them personally? I do) and also rate something you HAVE
> NOT TRIED.
1. Gift Of Legacy is a gifting pyramid scheme because of its business model.
Whether you and your fellow scammers have had a chance to steal from the public
yet is neither here nor there.
2. People who promote Ponzi schemes and launch gifting scams are the opposite of
credible. Thank fuck I don’t know any scumbags. I don’t have time for that
trash.
> I know from experience Gifting economies work – because I have received
> abundantly before – and I started 12 years after it began.
Math is math. The majority of participants in gifting pyramid schemes are
guaranteed to lose money.
> A TRUE critique comes from being a part of the system
a TrUe ViCtIm CoMeS fRoM gEtTiNg ShOt In ThE fAcE, nOt An OpInIoN! Get the fuck
out of here.
> If you are going to be a professional group, research, interview, test….. then
> comment otherwise your ‘journalism’ is purely FAKE NEWS.
Gift Of Legacy is a pyramid gifting scheme. That’s a fact.
@M
> Pyramid schemes are where people pay money to an organisation that holds all
> the money, in those schemes people lose money.
Wrong. A pyramid scheme compensates on recruitment of new participants.
That’s what happens in Gift Of Legacy. New victims are recruited and you steal
their money.
> You will never find a pyramid scheme that is Peer-To-Peer gifting.
I’ve reviewed dozens of them over the years. This crap is nothing new.
> Peer to peer Gifting Communities are legal and gifting a person directly is
> legal, therefore Gift Of Legacy is legal.
There’s nothing legal about gifting pyramid schemes.
Not one of you degenerate dumbasses addressed the impossible math behind gifting
pyramid schemes.
I’ll make this easy for you: address the impossible math behind gifting pyramid
schemes like Gift Of Legacy or spambin.
#24
String of Purls
Nov 18th, 2021 at 5:28 am String of Purls(Q)
Oh, the tears of the butthurt… I live for this.
What a joke. You all can’t honestly believe this is legit.
When this collapses, as it certainly will, you’ll be back here crying “How do i
get my money back?”
#25
Alice
Nov 18th, 2021 at 5:58 am Alice(Q)
Gift of legacy raised my grandmother from the dead.
This review is obviously written by someone who doesn’t want ancestors rising
from their graves and is biased.
It’s not a pyramid scheme as only ancient Egyptians were buried in pyramids and
dear old grandma was not an ancient Egyptian.
Think of a gifting scheme as everyone buying the popular person super expensive
gifts in the hope of getting one back when in reality you get nothing back
because nobody likes you as you are too stupid to do simple maths.
#26
Winkie Gum
Nov 18th, 2021 at 7:18 am Winkie Gum(Q)
These people posting negative comments about GL know absolutely nothing about
GIFT OF LEGACY. They better “SHUTUP” and watch us gifting one another, changing
people’s lives for the better.
GL IS DEFINITELY NOT A PONZI!!
#27
Oz
Nov 18th, 2021 at 10:00 am Oz(Q)
> These people posting negative comments about GL know absolutely nothing about
> GIFT OF LEGACY.
What’s there to know? It’s a simple matrix gifting pyramid scheme.
These were a dime a dozen before MLM crypto scams took over.
> They better “SHUTUP” and watch us gifting one another
Nah. Nothing beats scammer salt on my popcorn.
> changing people’s lives for the better.
Stealing from people isn’t cHaNgInG tHeIr LiVeS fOr ThE bEtTeR.
> GL IS DEFINITELY NOT A PONZI!!
No one said it was. Gift Of Legacy is a gifting pyramid scheme.
An example of a Ponzi scheme is Mirror Trading International. You can ask Gift
Of Legacy owner Chris Hattingh all about that.
Still waiting on one of you chuckefucks to address Gift Of Legacy’s impossible
math.
#28
AntiMLM
Nov 18th, 2021 at 10:21 am AntiMLM(Q)
> Shaz:
> By the way stokvel is very legal in South Africa.
Yeah. Too bad for you this isn’t a stokvel.
Know what the difference is?
– A stokvel you pay in $100 x 12,and you get $1200 out
– GOL you pay in $100 and hope you get $700 out miraculously profiting from a
bunch of people below you in the pyramid joining
A stokvel is a legal collective saving scheme. This is a pyramid scam.
#29
AntiMLM
Nov 18th, 2021 at 10:26 am AntiMLM(Q)
> Deb:
> UBUNTU!
Ubuntu doesn’t mean stealing from others in a pyramid you confused child.
Your SACRED ECONOMY is 7 people need to join for 1 to get paid.
There aren’t unlimited people, so what about the guys that join last? Fuck them
right.
And don’t come with this bullshit about “You can put your money back in”.
Even if you did that,and you bought 6 new spots and kept $100 extra,you’re still
short.
People aren’t unlimited. Money isn’t unlimited.
Thats why Pyramid scams always fail.
#30
AntiMLM
Nov 18th, 2021 at 10:35 am AntiMLM(Q)
For those confused I looked up the Law in South Africa specifically outlawing
about this type of scam:
Per the Consumer Protection Act of 2008 published in Government Gazette 29 April
2009 No. 32186
gov.za/sites/default/files/32186_467.pdf
> (5) An arrangement, agreement, practice or scheme is a chain letter scheme if—
>
> (a) it has various levels of participation;
>
> (b) existing participants canvass and recruit new participants; or
>
> (c) each successive newly recruited participant—
>
> (i) upon joining—
>
> (aa) is required to pay certain consideration, which is distributed to one,
> some or all of the previously existing participants, irrespective of whether
> the new participant receives any goods or services in
> exchange for that consideration; and
>
> (bb) is assigned to the lowest level of participation in the scheme; and
>
> (ii) upon recruiting further new participants, or upon those new participants
> recruiting further new participants, and so on in continual succession—
>
> (aa) may participate in the distribution of the consideration paid by any such
> new recruit; and
>
> (bb) moves to a higher level within the scheme, until being removed from the
> scheme after reaching the highest level.
Sounds familiar?
Gazette Notice 1135 of 1999, published In Government Gazette No 20169 of 9 June
1999.
In Notice 1 135 multiplication schemes, chain letters and pyramid schemes were
declared unlawful by the Minister of Trade and Industry.
Me join by paying
Me recruit more
Me no get goods or service
Me go higher in pyramid after more join
Me get paid at top of pyramid
#31
Oz
Nov 18th, 2021 at 10:41 am Oz(Q)
> GOL you pay in $100 and hope you get $700 out miraculously profiting from a
> bunch of people below you in the pyramid joining
$42,700. That’s 427 $100 payments for everyone who joins Gift Of Legacy. Who
then need 427 payments each, etc. etc.
This is the impossible math nobody in the scam wants to address.
#32
AntiMLM
Nov 18th, 2021 at 10:42 am AntiMLM(Q)
> Oz: $42,700. That’s 427 $100 payments for everyone who joins Gift Of Legacy.
> Who then need 427 payments each, etc. etc.
>
> This is the impossible math nobody in the scam wants to address.
It’s how they sell it to less intelligent victims ( It’s just $100 to get $700
). Easier to swallow in small chunks.
I went with the “smallest board” which is likely the argument some imbecile will
try to make.
Getting all the way through the numbers get obscene,needing to recruit thousands
to millions of people.
#33
Mike
Nov 18th, 2021 at 12:01 pm Mike(Q)
> Andrea:
> I lost my job 8 months ago and this has been my ONLY income, I have had
> absolutely no income since the pandemic started and now someone who has
> everything could potentially ruin what I have in this gifting activity.
>
> Shame on you for potentially ruining my ONLY form of income, you are ruining
> more than what you will ever conceive.
Maybe…. be like the rest of the world and go find a job instead of scamming
people?
#34
AntiMLM
Nov 18th, 2021 at 1:16 pm AntiMLM(Q)
> Oz:
> Gift Of Legacy hasn’t even launched yet and Ubuntu? Is that code for “I’m a
> scumbag thief?”
It’s a frequent strategy for purveyors of Gifting scams/circles/looms to try to
equate them to things like Stokvels/Susu’s(etc,there’s a stack of names in every
language) which are Rotational Group Saving schemes
en.wikipedia.org/wiki/Susu_(informal_loan_club)
Also for all your Gift of Lol victims – note that lovely addition midway to the
wikipedia article
> Susu scams
>
> Scammers have set up pyramid schemes which imitate or pretend to be susus. In
> contrast to traditional susus (in which participants only receive the money
> they put in without profit), these schemes promise a profit.
>
> Additionally, these scheme promise rewards for recruiting more people to the
> susu, in effect making it a pyramid scheme.
>
> These fake susu scams (also known as “blessing loom” or “gifting circle.”)
> have increased during the 2020 COVID pandemic, and are often targeted to
> African-Americans under the guise of being the traditional African and
> Caribbean practice.
I think Spencer Cornelia also mentioned the nomenclature in his Pyramid Scheme
video
youtube.com/watch?v=ITpr0kw0qmI
One news report on blessing looms: youtube.com/watch?v=9-TQilCVSxk
#35
Oz
Nov 18th, 2021 at 5:13 pm Oz(Q)
Thanks. Not the first time I’ve brushed up against stokvel and susu. As you say
South African scammers love to equate their gifting schemes to them.
#36
AntiMLM
Nov 18th, 2021 at 5:25 pm AntiMLM(Q)
> Oz:
> Thanks. Not the first time I’ve brushed up against stokvel and susu
Ubuntu plays into that:
en.wikipedia.org/wiki/Ubuntu_philosophy
Kinda humanity/people helping people/community waffle. Fake spiritual nonsense
explanations for pyramids.
#37
Malthusian
Nov 18th, 2021 at 5:37 pm Malthusian(Q)
For those wondering why scammers are shouting obscure operating systems at each
other, Ubuntu is a Southern African philosophy that most closely translates into
English as “No human is an island.” As a rallying cry (as in this thread) it
could also be translated as “All for one and one for all”.
Taken literally the word means “humanity”. The idea behind “ubuntu” is that to
be human is to help other humans. The philosophy appeals to self-interest rather
than a higher power or the virtue of sacrifice; it says that if you help others,
others will help you.
The scamming geniuses here are turning that on its head by claiming that to be
human is to screw over and steal from other humans. Because everyone’s doing it,
right, eVeRyThInG iS a PyRaMiD sChEmE.
A pyramid scheme can be thought of as a barrel of rats, with other rats on the
outside looking bemusedly in. It is in the interests of the rats in the barrel
to persuade the rats outside to jump in, so they have more rats to stand on.
It is also in the interest of each rat in the barrel to persuade the other rats
to head to the bottom rather than the top (sUpPoRt ThE coMmUnItY!) which in a
gifting scheme translates to paying more money in.
Regardless of what words you shout or philosophies you hijack, however, the fact
remains that the vast majority of rats are going to die in the bottom of the
barrel.
#38
Oz
Nov 18th, 2021 at 10:03 pm Oz(Q)
Just wanted to note that after grouping up and brigading this review, 24 hrs
later not one affiliate returned to address Gift Of Legacy’s impossible math.
I know you’re reading. Shame on each and every one of you.
#39
AntiMLM
Nov 18th, 2021 at 10:06 pm AntiMLM(Q)
> Oz:
> Just wanted to note that after grouping up and brigading this review, 24 hrs
> later not one affiliate returned to address Gift Of Legacy’s impossible math.
>
> I know you’re reading. Shame on each and every one of you.
Probably furiously working on preparing for their “big public launch”.
Most scams have daily zoom meetings near the end of their existence,bodes well
for their expected numbers.
#40
Tim
Nov 18th, 2021 at 10:21 pm Tim(Q)
Why is it not worth replying to “the impossible maths” (and many other pointless
comments in the fake review……)
The saying that applies here is: “convince a man against his will and he will
remain unconvinced still”.
If money is so tight that gifting someone else $100 means your family wont eat,
then stay at your JOB.
So my last word – the proof is in the pudding!
#41
Oz
Nov 18th, 2021 at 10:24 pm Oz(Q)
Oh look, another non-answer.
> The saying that applies here is: “convince a man against his will and he will
> remain unconvinced still”.
That’s nice. Gift Of Legacy is still a gifting pyramid scam in which the
majority of participants will lose money.
Whether people can afford to lose $100 to scammers such as yourself is neither
here nor there. You’re not entitled to steal anyone’s money, period.
#42
AntiMLM
Nov 18th, 2021 at 10:33 pm AntiMLM(Q)
> Tim:
> Why is it not worth replying to “the impossible maths” (and many other
> pointless comments in the fake review……)
Wow you really are dumber than a brick hahaha.
Let’s make it simple for the slow people in the back of the classroom.
The only people that make money in scams are scammers. If you make money in a
gifting scam – such as Gift of Legacy – you are a scammer too. Congrats for
making a profit through theft. Definitely a skill to put on your CV next to “0
logical reasoning ability”
Nobody gives a flying fuck if you can afford to steal from other idiots or not.
You’ve proven exactly how accurate the review and comments trying to protest it
are so thanks for that.
It’s illegal you nunce.
#43
Jen O
Nov 19th, 2021 at 6:33 am Jen O(Q)
Well…I gift people everyday! Where is the loss when you gift with no
expectations of return. There is none!!!
You see there are many people of this world that move beyond the fears and
limitations and take on new creations that may have hidden possibilities! I get
the fears that takes place in a 3rd dimensional mindsets, belief systems can be
ruthless!!!
We all are learning the truth when it comes to a larg gathering of like-minded
loving beings, we change the world!!! I call it the morphic resonance, playing
in the patterns of it’s energy fields. It’s genius!!!
Keep doing you! Your negativity without experience on this community (not
launched yet) helps us weed out the limited mindsets of the old cycles of fear.
We thrive in darkness you know, it’s part beauty of this I’ll will post that
will be demolished by light. I am grateful for this post…
The displayed fear and negativity makes me feel better about my new GIFT OF
LEGACY FAMILY!!! Again, moving onward and upward.
We are hear on this planet to love one another, TO HELP EACH OTHER THRIVE!!!
Blessings to you! I’m going to continue in my gift giving and blessing as many
as I can while I’m alive…unconditional love is my kind of life No loss for me
sweetheart!
Much love!!! GO GIFT OF LEGACY FAMILY!!! MAY WE CONQUER AND THRIVE!!! I’M TRULY
BLESSED TO EXPERIENCE THIS CREATION AND MEET LOTS OF BEAUTIFUL PEOPLE!!!
As a financial advisor, this is genius!
#44
Oz
Nov 19th, 2021 at 9:39 am Oz(Q)
> Well…I gift people everyday! Where is the loss when you gift with no
> expectations of return. There is none!!!
That’s nice. But the only reason anyone gifts into gifting pyramid schemes, like
Gift Of Legacy, is precisely on the expectation of a return.
That’s the scheme’s entire business model. Just watch any marketing video.
You of course already know this. I just wanted to point out when you open with a
disingenuous premise, the waffle that comes after it is irrelevant.
#45
Radda Shnitzel
Nov 19th, 2021 at 9:49 am Radda Shnitzel(Q)
Jen O, you come across as a complete bastard seeking to manipulate others.
This system has already been ruled illegal in dozens of nations around the
globe, including ones that GoL is recruiting into.
#46
Yo
Nov 20th, 2021 at 5:34 am Yo(Q)
> As a financial advisor, this is genius!
Financial advisor, exactly what is genius about participating in an illegal
gifting scam? Did you not run numbers?
#47
Tural Khalilov
Nov 20th, 2021 at 4:38 pm Tural Khalilov(Q)
I want to enter this GL.My question for all people who wrote bad comments.
Please tell me is there are anybody who enter and lost his money?
#48
Oz
Nov 20th, 2021 at 5:28 pm Oz(Q)
Math is math and the majority of participants in gifting schemes lose money.
By the time suckers recruited into Gift Of Legacy realize they’ve lost money,
it’s too late and the gifting scheme has collapsed.
If you want to specifically find people who’ve lost money in gifting schemes and
are now in Gift Of Legacy, identify those who were late recruited into Kindred
Hearts.
They won’t admit they joined the bottom of a gifting scam and will come up with
all sorts of excuses. At the end of the day though they lost money, because
that’s what happens in gifting schemes.
#49
Oz
Nov 20th, 2021 at 6:44 pm Oz(Q)
Ruhroh, November 20th launch is #RIP.
Now there’s no launch date. How many delays is that now fellas?
Gift Of Legacy is a matrix script purchased from somewhere, setting it up isn’t
rocket science.
Not that they won’t launch at some point, but this is more of a reflection on
those running the company.
#50
Alicat
Nov 20th, 2021 at 6:45 pm Alicat(Q)
What a complete, disingenuous moron you are. JUST like the idiots that stood
around watching Noah build his ark, asking why. “It’s never rained, what’s rain
anyway?”
Completely made up, totally misquoting all that you have quoted, and nothing
factual at all relating to Gift of Legacy.
If you want to go after anyone for MTI, go find the mastermind, Johann Steynberg
and get us all our money back, we’ll give you a commission for the effort. Not
Chris Hattingh.
(Ozedit: derails removed)
#51
Oz
Nov 20th, 2021 at 6:51 pm Oz(Q)
Lolol settle down love, it’s not my fault your gifting scam isn’t launching.
> Completely made up, totally misquoting all that you have quoted, and nothing
> factual at all relating to Gift of Legacy.
Anything quoted was taken directly from those credited. Literally from the
horse’s mouth.
The fact is Gift Of Legacy is a gifting pyramid scheme. That’s based on its
business model.
If you haven’t looked into the nuts and bolts of the business model because
money, sit down.
> If you want to go after anyone for MTI…
BehindMLM reported on MTI being a Ponzi scheme long before it collapsed. You
lost your money.
BehindMLM has reported on Gift Of Legacy being a gifting pyramid scheme long
before it’s collapsed. Unless you’re one of the few scammers placed at the top,
you’re going to lose your money… again.
Instead of begging others to recover your money, how about don’t be a dumb fuck
with your NoAh AnD hIs ArK bullshit and stop joining scams?
Chris Hattingh very much promoted Mirror Trading International. Whether he
personally stole your money is neither here nor there.
It’s Hattingh’s serial-scammer history that’s the problem. And that’s what’s
brought up in the review.
This is what actual due-diligence looks like. But no, let’s all sit down and
listen to the bible thumper who continues to sign up and lose money in scam
after scam.
#52
scammerssuck
Nov 20th, 2021 at 7:04 pm scammerssuck(Q)
Gifting scammers SUCK!!!!!!! A bunch of lowlife losers!
#53
Oz
Nov 21st, 2021 at 7:37 pm Oz(Q)
Dear butthurt scammers, clutching your pearls whilst ignoring Gift Of Legacy’s
fraudulent business model = spambin.
You’re not illiterate so stop pretending to be.
#54
Mary White
Nov 22nd, 2021 at 3:50 am Mary White(Q)
There is nothing wrong with gifting. The problem is people expecting others to
give to them and do nothing.
The biggest problem is so call heavy hitter that put the dead relative, dogs,
cats and rats in the program; take the funds, and leave the program.
However, the person who start this website is a hater, (Ozedit: derails removed)
#55
Oz
Nov 22nd, 2021 at 8:03 am Oz(Q)
> There is nothing wrong with gifting.
If you want to gift little Timmy a PS5 for Christmas, have at it.
That’s not what Gift Of Legacy is though and you know it.
> The biggest problem is so call heavy hitter that put the dead relative, dogs,
> cats and rats in the program; take the funds, and leave the program.
And what does that do? It speeds up the inevitable gifting pyramid scheme math
that guaranteed the majority of participants lose money.
TL;DR: “Illegal gifting pyramid schemes are fine, so long as I’m the one doing
the stealing.”
#56
Malthusian
Nov 23rd, 2021 at 12:56 am Malthusian(Q)
Correct me if I’ve got the maths wrong, but if an ordinary wannabe scammer signs
up their dead cat under them, they may push their original position higher up
the pyramid but that still leaves a new $100 payment at the bottom.
It’s the pre-loaded admin positions right at the top of the pyramid that take
the lion’s share of the funds.
What Mary White is saying is that the problem with a gifting scam is the people
who run the gifting scam. Nobody else gets to set up a load of positions and
take all the money.
If you don’t like what the admins of a scheme are doing then maybe you shouldn’t
give them your money?
But if you’re at the bottom of a barrel of rats your instinct is to blame the
rat standing on your face, rather than the rats at the top, even though the rat
on your face is just as screwed as you are.
#57
AntiMLM
Nov 23rd, 2021 at 1:18 am AntiMLM(Q)
> Mary White:
> There is nothing wrong with gifting. The problem is people expecting others to
> give to them and do nothing.
>
> The biggest problem is so call heavy hitter that put the dead relative, dogs,
> cats and rats in the program; take the funds, and leave the program.
1. This isn’t gifting. Gifting is giving something and not getting something
back,let alone 7x or more what you put in
2. It’s also not a stovel,which is where you only get out what you put in ie
$100 (whatever you deposited = what you are owed. Not a cent more)
3. Explain how them putting in $100 per dog/pet/cat/horse/uncle/sister and
leaving with the money they were promised is the problem.
I’d loooove to hear you explain this magic maths. Since it’s not a pyramid
scheme recruitment and dropouts shouldn’t affect it right? You’re just “gifting”
so what’s the issue.
#58
Jenifer Jones
Nov 28th, 2021 at 2:33 am Jenifer Jones(Q)
I’m still curious, but I supposeif you do the math it will collapse. But why not
ride the wave while it’s moving.
#59
Oz
Nov 28th, 2021 at 9:00 am Oz(Q)
> But why not ride the wave while it’s moving.
Because some of us aren’t morally bankrupt?
Any money you make from a gifting scheme is stolen from someone else.
#60
AntiMLM
Nov 28th, 2021 at 9:02 am AntiMLM(Q)
> Jenifer Jones:
> But why not ride the wave while it’s moving.
Sorry for everybody who joins after and loses their money to you then right?
#61
SR
Nov 29th, 2021 at 4:32 pm SR(Q)
@jeniferjones and @antiMLM. if everyone joins after Jenifer then the wave will
keep building whooo whooo!!!
#62
Sammie kaye
Dec 5th, 2021 at 8:46 pm Sammie kaye(Q)
I’m trying to tell my 2 friends who want to suck me into this GOL scam that it’s
not legal.
That the big launch that is promised is usually months away and they’re gonna
keep promising the big launch just to buy time to suck more people in.
They think they will make $3200 by December end. Not accurate. It’s all such a
con artist game they truly believe in.
It’s so sad. Because each person under them will be losing their one hundred
dollars. I wouldnt want to be responsible for that.
#63
Oz
Dec 8th, 2021 at 9:20 am Oz(Q)
Review updated to note Gift of Legacy’s delayed launch and YouTube video
deletions.
#64
Jace Thomas
Dec 10th, 2021 at 1:39 pm Jace Thomas(Q)
What’s your math say about a gambling casino (Ozedit: derails removed)
#65
Oz
Dec 10th, 2021 at 1:48 pm Oz(Q)
My math says Gift of Legacy is still an illegal gifting scam in which the
majority of participants will lose money.
Whataboutism = GTFO
#66
Radda Shnitzel
Dec 10th, 2021 at 2:20 pm Radda Shnitzel(Q)
@Jace Thomas – Gambling casinos are legal in many places, but have to operate
within certain rules and regulations.
Gifting circles are not legal anywhere that I know of, and participants can face
years in jail for promoting them in the wrong jurisdictions (see Louisiana and
Michigan for some of the harshest non-theocratic examples I know of in the
Western world).
#67
AntiMLM
Dec 10th, 2021 at 2:41 pm AntiMLM(Q)
> Jace Thomas:
> What’s your math say about a gambling casino (Ozedit: derails removed)
Let me try to equate watermelons and horses
#68
Malthusian
Dec 10th, 2021 at 5:21 pm Malthusian(Q)
> Jace Thomas:
> What’s your math say about a gambling casino (Ozedit: derails removed)
A typical house edge (profit margin) on a casino game is 2.7%, as on a roulette
wheel.
The typical house edge in a pyramid scam is 99%. Almost everyone loses money
except the people who set it up and stuff themselves into all the top positions.
Moreover, a casino game is transparent. Anyone can see how many slots there are
in a roulette wheel and how likely it is that it will come up with a certain
number. Even if the wheel has been rigged, a player with a good memory and grasp
of maths could spot that within a few hours.
In a pyramid scheme, nobody knows what the odds are as they have all been fed
bullshit about how it will pay out forever because “people are always being
born”. Would you play a casino game if the owner claimed that it was guaranteed
to make you rich?
How’s that for maths?
#69
AntiMLM
Dec 13th, 2021 at 11:11 pm AntiMLM(Q)
So the main monkeys have made their names known officially now as “the trust”:
Jacques Marais
Jenny Brandt
Candice Donadel
Hercules Viljoen
Chris Hattingh
#70
AntiMLM
Dec 14th, 2021 at 12:13 am AntiMLM(Q)
Unsurprisingly Jacques Marais and Jenny Brandt’s little “Network Legacy Global”
team promoted such stellar scams as Daisy, Beurax and PGI Global too.
Hercules Viljoen’s an old Crowd1 shill too.
#71
Stevie
Dec 14th, 2021 at 1:43 am Stevie(Q)
Where are “Sharon” and “Deb” now?
Two things. A. No wonder South Africa is feeling the effects of a pass for
school leaving mathematics being 35%, and B.
Who does is in a country where everyone is armed, getting poorer and bad things
happen? Come on fellow South Africans, wake-up!
#72
AntiMLM
Dec 14th, 2021 at 1:53 am AntiMLM(Q)
> Stevie:
> Where are “Sharon” and “Deb” now?
Pyramids need steps.
#73
Foger
Jan 6th, 2022 at 7:33 am Foger(Q)
For these anti GOL guys…. First the degrading language you use . as foul
language. Calling people monkeys. Dumb a..se. And whatevevet expletives you can
use. Shows the integrity of such critiques.
Of course I have joined. Of course I live in a hope of paying off my R60 000.oo
utilities bills and help others to get there.
Im way past retirement age and still trying to make a living in bad business
times. Does that make me dumb? Or a monkey.
You not worried about those who are joining. Youre just not happy that you too
have not joined. Of you have your own evil agends
#74
Oz
Jan 6th, 2022 at 7:52 am Oz(Q)
> Im way past retirement age and still trying to make a living in bad business
> times. Does that make me dumb? Or a monkey.
No. I can’t speak for monkeys but thinking you’re above math certainly makes you
dumb.
But you’re not dumb. You’re running around the internet defending math that will
most certainly guarantee you lose money – unless you scam people.
That makes you a deadset fucking moron.
Here’s a virtual tissue to wipe away the tears and some pearls to clutch.
#75
Lynndel "Lynn" Edgington
Jan 7th, 2022 at 6:21 am Lynndel "Lynn" Edgington(Q)
For all of you “defenders” of Gift-of-Legacy I am going to type this really slow
so you get it. CASH GIFTING IS ILLEGAL in all 50 states, and in every
westernized country in the world.
There are two types of defenders here: 1. This is your first time in an illegal
cash gifting scheme, or 2. You have been in them before.
First-timers you are just ignorant. Category 2 you are a promoter for you know
they are illegal and don’t care you are stealing from others.
#76
Tracy
Jan 7th, 2022 at 12:26 pm Tracy(Q)
Gol is NOT a scam. I personally know people who have made an income from it and
they have helped others.
What scammer GIVES of their earnings to others? I myself was gifted the money to
join.
When you reach your 4th board you don’t get booted off, you continue on the
perpetual boards.
You’re calling people stupid when you clearly don’t understand how it works.
You have comments on here from people who have benefited from this. For some
it’s their only income. If you don’t want to join then don’t, but keep your
comments to yourself then.
Don’t trash something you haven’t done correct research on.
#77
Oz
Jan 7th, 2022 at 12:30 pm Oz(Q)
iT’s NoT a ScAm If Me AnD mY fRiEnDs ArE sTeAlInG mOnEy!
> Gol is NOT a scam.
All gifting schemes are scams.
> I personally know people who have made an income from it and they have helped
> others.
Whether you and your friends are stealing money is irrelevant to Gift of Legacy
being a gifting scam.
> What scammer GIVES of their earnings to others?
What scammers do or don’t do is irrelevant to Gift of Legacy being a gifting
scam.
> You’re calling people stupid when you clearly don’t understand how it works.
Gift of Legacy is a gifting scheme in which the majority of participants are
guaranteed to lose money.
Matrix gifting schemes have been around since the 2000s. Just because this is
your first foray into fraud doesn’t mean you’re the only one who “gets it”.
> If you don’t want to join then don’t, but keep your comments to yourself then.
You’re the one coming on here to defend your scam. Expect pushback.
#78
AntiMLM
Jan 7th, 2022 at 12:36 pm AntiMLM(Q)
> Tracy:
> Gol is NOT a scam.
It is, the only income it has is from suckers joining. It’s not miraculously
multiplying money.
3 basic qualifying criteria for a pyramid scam:
1) requires recruitment to join
2) cycles through levels as more join
3) requires payment to join
> I personally know people who have made an income from it and they have helped
> others.
Bankrobbers also make money, drug dealers make money. Making money only proves
they make money.
> What scammer GIVES of their earnings to others? I myself was gifted the money
> to join.
The kind that expects to get 8x back what they put in, if that means giving 2
other people the starting cash they still profit.
> When you reach your 4th board you don’t get booted off, you continue on the
> perpetual boards.
Thats called an endless chain, literally a pyramid scam.
> You’re calling people stupid when you clearly don’t understand how it works.
Okay smart lady, prove the math.
If 0 people join as of today, how many people won’t get paid?
> You have comments on here from people who have benefited from this. For some
> it’s their only income. If you don’t want to join then don’t, but keep your
> comments to yourself then.
Drug dealers and thieves also profit from crime. Their opinions on crime mean
fuckall, just like yours.
> Don’t trash something you haven’t done correct research on.
You don’t even understand basic maths, or that its illegal in every country in
the world. Guess who didn’t do their research correctly?
Hint: You
#79
z0mb1e1fy
Jan 11th, 2022 at 2:54 pm z0mb1e1fy(Q)
My fucking dad is so dumb, like he wants to enroll In this shit, Gotta love when
you have a retarded parent, good thing I researched about this “Gift of Legacy”,
this is INSANE!
#80
Paul
Jan 11th, 2022 at 3:22 pm Paul(Q)
MMM was an identical gifting scam which collapsed causing about 10 million
people to lose their money.
en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company)
When MMM collapsed, they balmed the negative press about them and even had the
audacity to try strat it again!
businesstech.co.za/news/finance/122271/mmm-south-africa-collapses-and-starts-over/
It is too incredible that people can believe that this will not ultimately
collapse!
#81
AntiMLM
Jan 11th, 2022 at 3:52 pm AntiMLM(Q)
> Paul:
> MMM was an identical gifting scam which collapsed causing about 10 million
> people to lose their money.
>
> …
>
> It is too incredible that people can believe that this will not ultimately
> collapse!
Facts like math,legality and reality matter little to cultists like Gift of
Legacy imbeciles.
I believe one of the “council” was in fact in MMM,so wouldn’t be surprised if
they have no firm hold on reality.
*holds hands in a heart shape like a GL cultist*
#82
Verons
Jan 22nd, 2022 at 6:45 pm Verons(Q)
ANTIMLM (Ozedit: derail removed)….did you really made a point to investigate
Gift of Legacy??? Can you proof and bring people to the table that really lost
their money in this opportunity??
As I gone through your answers in response to the reviews it stands out you
don’t have facts to state your points and you don’t have any definite proof that
any person lost money in The Gift of Legacy opportunity….
you repeat just over and over with the same respond..it is a scam its a pyramid
but you bring no facts or proof to the table to state your point….
Do you get paid to make this negative remarks towards an opportunity to bring
some kind of income to people that lost their jobs…
So stop insulting or swearing to people on this revue site and get your facts
straight please.
#83
Oz
Jan 22nd, 2022 at 6:51 pm Oz(Q)
Why does it feel like every second person in South Africa is mathematically
illiterate? Or I suppose that’s not fair. At least the ones involved in MLM.
> Can you proof and bring people to the table that really lost their money in
> this opportunity??
$100 in, $42,700 out. Math guarantees the majority of gifters are losing their
$100.
Nothing being marketed to and/or sold to retail customers? Pyramid scheme.
> Do you get paid to make this negative remarks towards an opportunity to bring
> some kind of income to people that lost their jobs…
Losing your job doesn’t entitle you to steal money from people through gifting
scams.
> So stop insulting or swearing to people
Gift of Legacy scammers stealing $42,700 for every $100 gifted in: This is fine.
Insults and swearing: oH nO!
#84
AntiMLM
Jan 22nd, 2022 at 7:24 pm AntiMLM(Q)
> Verons:
> ANTIMLM(Ozedit: derail removed)….did you really made a point to investigate
> Gift of Legacy???
Yes.
> Verons:
> Can you proof and bring people to the table that really lost their money in
> this opportunity??
(Illegal) pyramid schemes always collapse. Just because it’s started doesn’t
mean it’s not illegal,or not going to collapse.
> Verons:
> As I gone through your answers in response to the reviews it stands out you
> don’t have facts to state your points and you don’t have any definite proof
> that any person lost money in The Gift of Legacy opportunity….
It’s a pyramid scam. Specifically a chain letter scam. Just because you don’t
like the fact doesn’t make it not a fact.
Per South African law:
> The Consumer Protection Act 68 of 2008 (“CPA” or the “Act”) defines a pyramid
> scheme along with the other related schemes falling within the ambit of the
> CPA.
>
> The general prohibition on these schemes is found in section 43(2) of the Act,
> and includes multiplication schemes and chain letter schemes.
>
> “(2) A person must not directly or indirectly promote, or knowingly join,
> enter or participate in—
>
> a) a multiplication scheme, as described in subsection (3);
>
> b) a pyramid scheme, as described in subsection (4);
>
> c) a chain letter scheme, as described in subsection (5); or
>
> d) any other scheme declared by the Minister in terms of subsection (6), or
> cause any other person to do so.”
>
> Chan letter schemes require participants to continually recruit more
> participants in order to start receiving pay outs from their investment.
>
> The investment made is a joining fee of sorts. Each new participant joins at
> the lowest level in the scheme and “move up” by recruiting new members below
> them.
>
> Once a participant reaches the highest level of the scheme they are removed
> from the scheme.
>
> In terms of the CPA a chain letter scheme is defined as follows:
>
> “(5) An arrangement, agreement, practice or scheme is a chain letter scheme
> if—
>
> a) it has various levels of participation;
>
> b) existing participants canvass and recruit new participants; or
>
> c) each successive newly recruited participant—
>
> i) upon joining—
>
> aa) is required to pay certain consideration, which is distributed to one,
> some or all of the previously existing participants, irrespective of whether
> the new participant receives any goods or services in exchange for that
> consideration; and
>
> bb) is assigned to the lowest level of participation in the scheme; and
>
> ii) upon recruiting further new participants, or upon those new participants
> recruiting further new participants, and so on in continual succession—
>
> aa) may participate in the distribution of the consideration paid by any such
> new recruit; and
>
> bb) moves to a higher level within the scheme, until being removed from the
> scheme after reaching the highest level.”
Sounds like Gift of Losing.
> Verons:
> you repeat just over and over with the same respond..it is a scam its a
> pyramid but you bring no facts or proof to the table to state your point….
Proof:
> “(5) An arrangement, agreement, practice or scheme is a chain letter scheme
> if—
>
> a) it has various levels of participation;
>
> b) existing participants canvass and recruit new participants; or
>
> c) each successive newly recruited participant—
>
> i) upon joining—
>
> aa) is required to pay certain consideration, which is distributed to one,
> some or all of the previously existing participants, irrespective of whether
> the new participant receives any goods or services in exchange for that
> consideration; and
>
> bb) is assigned to the lowest level of participation in the scheme; and
>
> ii) upon recruiting further new participants, or upon those new participants
> recruiting further new participants, and so on in continual succession—
>
> aa) may participate in the distribution of the consideration paid by any such
> new recruit; and
>
> bb) moves to a higher level within the scheme, until being removed from the
> scheme after reaching the highest level.”
Sounds like Gift of Losing.
> Verons:
> Do you get paid to make this negative remarks
I wish, i’d be rich, you people get scammed daily.
> Verons:
> towards an opportunity to bring some kind of income to people that lost their
> jobs…
Frankly I don’t care what your excuse is for stealing from future victims –
probably old retired people,or fellow jobless,or people with kids. Pyramid scams
always end the same.
> Verons:
> So stop insulting or swearing to people on this revue site
Aww.
Get fucked pretty please you imbecile? Hows that?
> Verons:
> and get your facts straight please.
Done, it’s a pyramid scam. Pretty straightforward one too,at least other scams
like MTI hid it better.
Disagree? Prove the math.
#85
Stevie
Jan 22nd, 2022 at 7:31 pm Stevie(Q)
And yes, South Africans are pretty innummerate. That will happen when the ruling
party drops the pass rate for mathematics to 30%.
#86
Oz
Jan 22nd, 2022 at 7:40 pm Oz(Q)
> That will happen when the ruling party drops the pass rate for mathematics to
> 30%.
Feels like the person in charge of enforcing 30% scored less than 30% and
doesn’t know what they’re doing.
#87
Maryse
Jan 26th, 2022 at 3:52 pm Maryse(Q)
I have read all your comments and see that you mention you need 7 people below
you, so maybe I am wrong but how does millions of people lose their money if you
only need 7 people below you.
Secondly I have starting doing affiliate marketing and came across your website
and thats how I happened to find you and I am really appalled at your language.
(Ozedit: derails removed)
#88
Oz
Jan 26th, 2022 at 4:22 pm Oz(Q)
> you mention you need 7 people below you, so maybe I am wrong but how does
> millions of people lose their money
That isn’t mentioned anywhere in the review but I’ll humor you.
Gifting pyramid schemes always collapse because you need seven, they need seven,
those need seven… and a few “need seven” levels later we’re talking more people
than exist on Earth.
Everyone who doesn’t “have seven people under them” loses money. Math guarantees
this is the majority of participants roped into the scam.
> I am really appalled at your language.
Another scammer completely fine with ripping people off in gifting schemes. But
oh no, not the language.
Nobody cares.
Seeing as this is a recurring theme, is this the deflection being pushed in Gift
of Legacy’s social media group?
People feigning disgust at gifting scams is a normal reaction. You all being OK
with it (so long as you think there’s still money to steal) is the problem.
#89
Oz
Jan 26th, 2022 at 4:41 pm Oz(Q)
Gift of Legacy’s website Alexa ranking: N/A
RIP and sorry for your loss. May your butthurt be bountiful.
#90
AntiMLM
Jan 26th, 2022 at 8:36 pm AntiMLM(Q)
> Maryse:
> how does millions of people lose their money if you only need 7 people below
> you.
The longer the scam runs the more people it requires to keep feeding it – as
with all pyramid scams
Let’s do some simple math with 1 board – on the left we’ll have how many people
need to get paid,on the right how many are needed under them to fully pay the
left side
1 to be paid + 7 needed
7 to be paid + 49 needed
49 to be paid + 343 needed
343 to be paid + 2401 needed
2401 to be paid + 16807 needed
16807 to be paid + 117 649 needed
117 649 to be paid + 823 543 needed
823 543 to be paid + 5 764 801 needed
5 764 801 to be paid + 40 353 607 needed
From here you can see there is a constant increase in how many are needed to
continue paying out.
Now remember,people are not infinite, and money is not infinite,so at some point
you won’t be able to recruit any more.
If you reach that point at the bottom row, then 823 543 people got paid,and
another 6million did not and never will.
This number only gets worse with every level/board. For every person to get paid
7 others risk not being paid.
Do you really want on your conscience being part of a scheme that will
automatically make 86% of the joiners poorer at the end? What kind of scumbag
does such a thing?
(Also note this assumes boards have 0 dropouts ever, and no rebuying but even
with rebuys you are only delaying the failure)
> Maryse:
> Secondly I have starting doing affiliate marketing and came across your
> website and thats how I happened to find you and I am really appalled at your
> language. (Ozedit: derails removed)
I wonder if you really do affiliate marketing, or just MLM and convinced
yourself you aren’t selling pyramid schemes to assuage a guilty conscience.
#91
Salamander
Jan 27th, 2022 at 8:58 pm Salamander(Q)
> Oz:
> Whether people can afford to lose $100 to scammers such as yourself is neither
> here nor there. You’re not entitled to steal anyone’s money, period.
How con anyone “lose” something that was given as a “gift”..?
#92
Oz
Jan 27th, 2022 at 8:59 pm Oz(Q)
Because an actual monetary gift has no strings attached.
People participate in gifting schemes to steal money from people who buy-in
after them. Math takes care of the rest.
#93
AntiMLM
Jan 29th, 2022 at 6:37 am AntiMLM(Q)
> Salamander: How con anyone “lose” something that was given as a “gift”..?
If it’s a gift you aren’t expecting more money back are you? That would be very
pyramid-scammy.
#94
Tina
Feb 7th, 2022 at 2:44 am Tina(Q)
This is one of the most entertainig threads I ever had the pleasure to read.
Thank you, OZ.
For your patience and guidance wrapped in a language which is certainly not
running under “non-violent”…yet done with eloquence, wit and creativity. Lots of
LOL’s for me in there!
I also see clearly now what is going on with the Legacy business, I hang my head
in shame admitting that I couldn’t see it before – or I could, but was hoping
there might be FINALLY a twist allowing a fairer distibution of wealth.
Naive me. No twist. Just – yes indeed – good old maths.
Thank you again! Great Job. YOU SHOULD GET PAID!
#95
Oz
Feb 7th, 2022 at 7:45 am Oz(Q)
Glad you found it entertaining!
#96
billgudnason
Feb 13th, 2022 at 8:56 am billgudnason(Q)
Brilliant Stuff keep it up.
Bill G.
#97
Mai
Feb 16th, 2022 at 11:57 pm Mai(Q)
Hi! No jokes or debauchery, just a sincere question by someone who is really
trying to understand: why people who gave money for the one in LEGEND can say
that they were robbed?
Tks in advance.
#98
Oz
Feb 17th, 2022 at 7:26 am Oz(Q)
Recruitment inevitably collapses, resulting in the majority of participants in a
gifting scheme losing money.
#99
Veronica
Feb 22nd, 2022 at 3:19 am Veronica(Q)
Hi everyone,
read this article, and realise this is why society does not move forward.
Whoever wrote this article….Have you ever ,from your own experience,
participated in any gifting economy?
Must say you ignore what collaboration,teamwork and most of all taking on your
own economy freedom means.
Gift of Legacy is a platform based on ancient gift economy,where people from so
many countries besides South Africa participates.
I have been long time in these economies,will soon in the gifting community, and
it brings dignity and financial freedm to so many,to follow those dreams and do
in life what they really want to be,and live a life accordingly to their values
and dreams.
It creates ties and such an authentic community.
So if you want to set any example,set it by your own experience. Gifting is not
for everyone, because it means assuming your responsability and taking on what
it takes to create the life you want.
You connect with others,you support,you helps, you communicate and create
something beneficial for others and yourself.
Nothing ilegal here, no transfer of money on the platform,it is all peer to
peer.
So if you don’t agree with it,that’s fine and you are entitled. No need to
rubbish people that like working together for better causes.
My best wishes to you
#100
Oz
Feb 22nd, 2022 at 8:26 am Oz(Q)
> read this article, and realise this is why society does not move forward.
Stealing money from people through your shitty little gifting scams has nothing
to do with sOcIeTy MoViNg FoRwArD.
> Have you ever ,from your own experience, participated in any gifting economy?
Whether you participate in gifting scams or not, the math is the same. The
majority of participants are guaranteed to lose money.
> Must say you ignore what collaboration,teamwork and most of all taking on your
> own economy freedom means.
None of that bullshit waffle changes the fact the majority of participants in
gifting schemes are guaranteed to lose money.
> I have been long time in these economies,will soon in the gifting community,
> and it brings dignity and financial freedm to so many
1. Thanks for confirming you’re a serial scammer.
2. However “many” earn financial freedom from gifting schemes, many more lose it
because they are stolen from. Gifitng schemes are a zero-sum equation.
> Nothing ilegal here, no transfer of money on the platform,it is all peer to
> peer.
Gifting schemes are illegal the world over.
> No need to rubbish people that like working together for better causes.
Nah. Fuck you and your gifting scam lies. Have a nice day.
#101
Tina
Feb 25th, 2022 at 2:59 pm Tina(Q)
Hi Veronica,
I can see where you are coming from and I totally share your
motivation/intention. Any concept promising a fair(er) distribution of wealth is
worth looking into. But a promise (which actally turns out to be a lie) is to be
looked at before you blindly fall into the trap.
Obviously you haven’t done your research – I did. GL IS another scam where the
founders fork in the high position money, over and over and over again.
If you can answer 2 questions for me – I was wrong and I am in:
1. How can you tell who exactly is on which position? Is there a world wide
‘Transparency List’ continously updated or …how???
2. Where is the mistake in the math AntiMLM has shown a bit further up in this
thread?
Believe me, I am truly disappointed that there is NO WAY GL is what it says it
is (but please convince me otherwise).
So far I only came across one brilliant ‘system’ which truly makes this a better
world: Bitcoin. But I’m still searching for more!
#102
Morne
Feb 27th, 2022 at 10:20 pm Morne(Q)
Isn’t it interresting… Well let’s see if it really is a scam…if it is well
congratulations…I will let you know…
If it’s not… I will take a trip or two to the Caribbean…… Maybe to Japan…I mean…
Really… What is a $100 between friends…
#103
Oz
Feb 28th, 2022 at 7:07 am Oz(Q)
> Well let’s see if it really is a scam…
Math is math. Gift of Legacy is a gifting scam, there’s no need to “let’s see”.
> If it’s not… I will take a trip or two to the Caribbean……
Irrespective of whether you personally steal money, Gift of Legacy is still a
gifting scam.
You’d just go from being a majority victim to scammer yourself.
> Really… What is a $100 between friends…
How much an individual loses in a gifting scam is irrelevant to it being a
gifting scam.
Stealing from your friends just about sums up the scumbag mindset of a gifting
scammer though.
#104
fred Johnson
Feb 28th, 2022 at 6:14 pm fred Johnson(Q)
Working for me! Only 15 people on each of 4 boards. Everyone gets the directed
chance to get to the Legend position and receive their 8 gifts directly into
their own bank acct. or wallet.
Only condition is to have 2 like minded people join them. No fees costs or
anything.
Even has a ‘hold system’ for those individuals slowing down everyones progress
through boards- so with patience, there’s no blockages!
Play the game respect and follow the rules and it works.
#105
Oz
Feb 28th, 2022 at 6:50 pm Oz(Q)
> Only 15 people on each of 4 boards.
And fifteen more for another four boards. And each of those fifteen need fifteen
more payments for each of their four boards and… congratulations, you and your
scamming friends just financially fucked a ton of people.
> Even has a ‘hold system’ for those individuals slowing down everyones progress
> through boards- so with patience, there’s no blockages!
Until recruitment inevitably collapses. Math is math.
> Play the game respect and follow the rules and it works.
Except for your victims. But hey, so long as you’re stealing money right?
#106
AntiMLM
Feb 28th, 2022 at 7:01 pm AntiMLM(Q)
> fred Johnson:
> Only condition is to have 2 like minded people join them
So an eternal chain aka chainletter scam aka pyramid scam that is illegal in
South Africa and worldwide
Thanks for confirming your participation in an illegal pyramid scheme
#107
Anne
Mar 1st, 2022 at 10:26 pm Anne(Q)
They have a new website … is it the beginning of the end?
#108
Oz
Mar 1st, 2022 at 10:43 pm Oz(Q)
Gift of Legacy’s original website is still active.
Original scammers in South Africa targeting Russia, Italy and Germany now
(Alexa).
#109
CS
Mar 12th, 2022 at 9:17 pm CS(Q)
Please get all you facts together.
The Legality of GL – there is alot of negative comment on Internet..to discredit
GL.
FSCA…financial sector Control Authority…GL went to see this governing body, a
three hour meeting, and showed them full presentation and they will be issuing a
report that GL is NOT a Ponzi scheme or a Pyramid scheme.
#110
Oz
Mar 12th, 2022 at 9:23 pm Oz(Q)
> The Legality of GL – there is alot of negative comment on Internet..to
> discredit GL.
Gift of Legacy is a gifting scheme. Gifting schemes are illegal because they’re
scams in which the majority of participants lose money.
Has nothing to do with nEgAtIvItY.
> GL went to see this governing body
We heard this bullshit before with MTI. Unless you can produce a letter from the
FSCA giving Gift of Legacy a rubber-stamp, you’re full of shit.
And even if you, Gift of Legacy is still a gifting scam in which the majority of
participants are mathematically guaranteed to lose money.
#111
AntiMLM
Mar 12th, 2022 at 9:48 pm AntiMLM(Q)
> CS:
> FSCA…financial sector Control Authority…GL went to see this governing body, a
> three hour meeting, and showed them full presentation and they will be issuing
> a report that GL is NOT a Ponzi scheme or a Pyramid scheme.
Uh, no.
I contacted the FSCA already to confirm that claim, there was no such meeting or
report, in fact they weren’t even aware of Gift of Stupidity till I checked in.
But they did thank me for making them aware.
As a sidenote for you uneducated simpletons, they’d need approval from the
Reserve Bank for this scheme, which your chiefs Chris and Candace would know if
they used their communal braincell to try make it look legit.
They won’t get approval from either though, FSCA doesn’t approve pyramid scams,
and the SARB doesn’t approve Endless Chain scams.
Get YOUR facts straight before you claim nonsense.
#112
Elizabeth
Mar 12th, 2022 at 10:54 pm Elizabeth(Q)
Gift of legacy is helping many people. Gifts are miracles in this community.
People saying things that they think but they know nothing about gol…
#113
Oz
Mar 12th, 2022 at 11:03 pm Oz(Q)
> Gift of legacy is helping many people.
Stealing money from people through gifting scams isn’t helping them. You’re
helping yourself.
> People saying things that they think but they know nothing about gol…
Yes it’s common knowledge that gifting scammers have a hard time comprehending
basic math.
Nonetheless we’ll continue to beat you over the head with it in the hope 2+2=4
eventually sinks in.
#114
AntiMLM
Mar 12th, 2022 at 11:09 pm AntiMLM(Q)
> Elizabeth:
> Gift of legacy is helping many people. Gifts are miracles in this community.
>
> People saying things that they think but they know nothing about gol…
You being desperate and financially uneducated is not an excuse for joining a
scheme where 86% of people are guaranteed not to get pay-outs eventually ie.
their money back even.
I’ve already seen the complaints in groups regarding boards dying. Thats the
end-result for all of them eventually.
I’ll refer you to an earlier post on the maths of the scam,stop being
delusional:
> The longer the scam runs the more people it requires to keep feeding it – as
> with all pyramid scams
>
> Let’s do some simple math with 1 board – on the left we’ll have how many
> people need to get paid,on the right how many are needed under them to fully
> pay the left side
>
> 1 to be paid + 7 needed
>
> 7 to be paid + 49 needed
>
> 49 to be paid + 343 needed
>
> 343 to be paid + 2401 needed
>
> 2401 to be paid + 16807 needed
>
> 16807 to be paid + 117 649 needed
>
> 117 649 to be paid + 823 543 needed
>
> 823 543 to be paid + 5 764 801 needed
>
> 5 764 801 to be paid + 40 353 607 needed
>
> From here you can see there is a constant increase in how many are needed to
> continue paying out.
>
> Now remember,people are not infinite, and money is not infinite,so at some
> point you won’t be able to recruit any more.
>
> If you reach that point at the bottom row, then 823 543 people got paid,and
> another 6million did not and never will.
>
> This number only gets worse with every level/board. For every person to get
> paid 7 others risk not being paid.
>
> Do you really want on your conscience being part of a scheme that will
> automatically make 86% of the joiners poorer at the end? What kind of scumbag
> does such a thing?
>
> (Also note this assumes boards have 0 dropouts ever, and no rebuying but even
> with rebuys you are only delaying the failure)
Calling it a gift is a lie you’re telling yourselves to feel better about
stealing from poor people. Money is not infinite,Gift of Dumbasses does not have
an endless supply of dumbasses or money.
It’s also not a Stokvel or a Communal Loan Scheme,so stop trying to equate it to
such things that also require registration and auditing
#115
GlimDropper
Mar 13th, 2022 at 6:54 am GlimDropper(Q)
> AntiMLM: joining a scheme where 86% of people are guaranteed not to get
> pay-outs
Gift of Legacy is a scam and for the reasons stated above.
But the amazing thing is that comparing that 86% failure rate to some
“legitimate” MLM’s income disclosures, a shabby bald faced pyramid scheme is
more likely to pay you than a company like Monat.
All hail the DSA.
#116
John
Mar 14th, 2022 at 7:30 pm John(Q)
Many on GL gift others a place to come into GL to assist with uplifting
themselves and others. So far from trying to scam others, people are trying to
uplift others and themselves.
If there is any scam involved it is certainly not the intention of the majority
of people in GL, who are kind, loving and giving and have sincere motives.
So where is this scam? The only place it can be, is if the algorithm to fill
boards from the oldest to the newest does not work as stated and instead only
fills up certain boards over and over again.
Is this possible? As some boards have been stuck for awhile, one would have to
wait and see as the system is fairly new.
If this is the case, it is a tragedy for such a brilliant gifting concept and
will cause irreparable damage to trust for so many people. It would be a very
foolish move on behalf of the leaders who will tarnish their reputation for
good.
#117
Oz
Mar 15th, 2022 at 8:18 am Oz(Q)
> Many on GL gift others a place to come into GL to assist with uplifting
> themselves and others.
Yourself yes, but you’re not “uplifting” others by stealing from them through
gifting scams.
> If there is any scam involved it is certainly not the intention of the
> majority of people in GL…
You can’t speak for the majority of people in Gift of Legacy.
> So where is this scam?
The scam is revealed through basic math: the majority of participants in gifting
schemes lose money.
Secondary to the mathematical scam are scammers such as yourself running around
trying to explain away gifting fraud.
> As some boards have been stuck for awhile, one would have to wait and see as
> the system is fairly new.
1. I wrote this review almost six months ago. Gift of Legacy isn’t new.
2. Math is math, all gifting schemes collapse when recruitment inevitably dies
down.
> If this is the case, it is a tragedy for such a brilliant gifting concept
There’s nothing brilliant about stealing from people.
#118
AntiMLM
Mar 15th, 2022 at 1:47 pm AntiMLM(Q)
> GlimDropper:
> But the amazing thing is that comparing that 86% failure rate to some
> “legitimate” MLM’s income disclosures, a shabby bald faced pyramid scheme is
> more likely to pay you than a company like Monat.
Unfortunate but not inaccurate way of looking at it. But then again it’s
choosing being stabbed or shot, both suck and i’d avoid them if possible.
#119
AntiMLM
Mar 15th, 2022 at 1:55 pm AntiMLM(Q)
> John:
> Many on GL gift others a place to come into GL to assist with uplifting
> themselves and others.
You do that to prevent the Pyramid collapsing earlier. If it was a Gift you
wouldn’t be expecting more money than you put in. Stop being disingenuous.
> So far from trying to scam others, people are trying to uplift others and
> themselves.
Standing on the backs of others might uplift you, but doesn’t help the ones you
stand on.
> If there is any scam involved it is certainly not the intention of the
> majority of people in GL, who are kind, loving and giving and have sincere
> motives.
Perhaps,but financially inept people profiting off the stupidity off their peers
does not indemnify them. And they are definitely not “giving” by expecting a
return.
> So where is this scam? The only place it can be, is if the algorithm to fill
> boards from the oldest to the newest does not work as stated and instead only
> fills up certain boards over and over again.
No, for the tops of the higher boards to get filled up you need reinvestment
from lower boards, it wouldn’t help to fill only a small number. You are
thinking too small.
> Is this possible? As some boards have been stuck for awhile, one would have to
> wait and see as the system is fairly new.
Gifting scams all end the same, boards get stuck, eventually they all do.
> If this is the case, it is a tragedy for such a brilliant gifting concept
It’s an 80 year old scam, it’s not a new concept
> and will cause irreparable damage to trust for so many people. It would be a
> very foolish move on behalf of the leaders who will tarnish their reputation
> for good.
Oh please, your “leaders” were in multiple other scams like MTI and MMM, you
don’t give a shit. There’s almost always a bigger idiot to join next time for
you to profit from.
Just be honest that you use “gifting” to quiet down your guilty conscience,and
the 86% that will lose money you couldn’t care less about. So much for “giving”.
#120
Malthusian
Mar 15th, 2022 at 5:21 pm Malthusian(Q)
> GlimDropper: But the amazing thing is that comparing that 86% failure rate to
> some “legitimate” MLM’s income disclosures, a shabby bald faced pyramid scheme
> is more likely to pay you than a company like Monat.
It is pretty amazing that you can set up a pyramid scheme where 90%+ of people
lose money, and it’s completely legal as long as you attach some crappy product
to it and get people to make pity sales to their friends and family to generate
the illusion of “retail”.
However, the idea that GOL has a lower house edge than the likes of Monat is
dubious. It’s 86% of *positions* that lose money, which is not necessarily the
same thing as people.
Let’s take AntiMLM’s numbers and assume the scheme only reaches the second level
before collapsing. It looks as if 7 people have got a payout and 49 people lost
their money.
However, we all know that the admins in these schemes stuff themselves into all
the top positions to maximise the amount extracted.
If those 7 winners are in reality all the same person, which they are, the
failure rate increases from 86% to 49/50 = 98%.
Admins will continue rigging the pyramid for as long as new money is coming in
so the same logic applies no matter how big it becomes.
> Many on GL gift others a place to come into GL to assist with uplifting
> themselves and others.
This is the “sign up your dead cat” ruse that we’ve discussed earlier. Idiots
figure that if they buy two positions in the matrix instead of one, they only
need 6 victims rather than 7 so their chances of winning are higher.
It doesn’t change the math because it’s just as impossible for everyone to find
6 victims who also have to find 6 victims as 7. Same applies no matter what
number you use.
#121
SOTTOUNPONTE
Mar 17th, 2022 at 2:27 pm SOTTOUNPONTE(Q)
This is the Blockchain of Gifting. Period.
You dumbass that are not even able to spend 15 minutes to understand that the
system is peer to peer with no commissions to board.
For sure the inventors are in the Platinum and Gold Board, but also Bitcoin
Inventors are. Stay safe. This game is not for Jellyfish.
#122
Amos_N_Andy
Mar 17th, 2022 at 2:35 pm Amos_N_Andy(Q)
> SOTTOUNPONTE: This game is not for Jellyfish.
This “game” is an illegal scam, but I suspect you know that already.
Sorry not sorry to expose your little scheme, low-life.
#123
AntiMLM
Mar 17th, 2022 at 2:35 pm AntiMLM(Q)
> SOTTOUNPONTE:
> This is the Blockchain of Gifting. Period.
>
> You dumbass that are not even able to spend 15 minutes to understand that the
> system is peer to peer with no commissions to board.
>
> For sure the inventors are in the Platinum and Gold Board, but also Bitcoin
> Inventors are. Stay safe. This game is not for Jellyfish.
bLoCkChAiNnnnnnnnnnnn. Guy wouldn’t know blockchain if it hit him in the face.
How about you spend 15minutes to go through the math instead of 2seconds typing
up word-vomit excuses for theft.
Only honest thing here is you admitting the tops of the pyramids are stacked
with your lEaDeRps.
#124
LOL-GoL
Mar 17th, 2022 at 5:33 pm LOL-GoL(Q)
Anyone who claims that GoL went to the FSCA and that the FSCA said it’s not a
scam is completely full of shit.
The FSCA was contacted directly recently regarding GoL as well as The Prosperity
Grid. This was the FSCA’s response:
> Our preliminary assessment of your complaint revealed prima facie evidence
> that an investigation into the conduct of Gift of Legacy & Prosperity Grid
> might be warranted.
>
> As a result, we have referred the matter for further investigation.
#125
Lynndel "Lynn" Edgington
Mar 18th, 2022 at 2:29 am Lynndel "Lynn" Edgington(Q)
> SOTTOUNPONTE:
> This game is not for Jellyfish.
No this game is for idiots with an IQ of less than 60.
It is even worse than Malthusian stated. The top 15% of the positions are held
by the perps of this illegal program, their family members and close friends.
They all have multiple accounts.
The next 15% is for the top promoters of this illegal program and their family
members and close friends. They too all have multiple accounts.
Less than 2% of the general members ever get any gift.
Been exposing and helping shut down these illegal gifting scams for more than 18
years. Have helped shut down more than SOTTOUNPONTE is old. But then what do I
know compared to this financial genius.
I bet SOTTOUNPONTE is getting all excited that the Easter Bunny is coming soon.
#126
LOL-GoL
Mar 18th, 2022 at 5:45 am LOL-GoL(Q)
Further correspondence with FSCA:
> Following public enquiries received by the FSCA, a preliminary investigation
> was registered into the activities of Gift of Legacy. The purpose of this
> preliminary investigation is to establish whether Gift of Legacy are
> conducting unregistered financial services business. The preliminary
> investigation is ongoing and the FSCA will update members of the public in due
> course.
>
> With regards to your statement about being informed that this” scheme told the
> investors that they had approval from the FSCA”, if there is any proof of
> this, kindly let us know.
#127
AntiMLM
Mar 18th, 2022 at 2:28 pm AntiMLM(Q)
> LOL-GoL:
> Further correspondence with FSCA:
Managed to get a copy of one of the Voicenotes of Chris lying outright (this was
sometime around 15 Feb):
vocaroo.com/1D2TUurGbFm9
> Regarding the FSCA um actually had a meeting with the FSCA last week
> Wednesday. I went to go see the top person there and had a three hour meeting
> with them, did the presentation and they had looked and said, oh my word.
>
> Um this is not a Ponzi scheme and it’s not a pyramid scheme because of the way
> the boards work and that there’s only 15 people on the board at a time. So um
> yeah, so they were very very happy with that, which was really cool.
>
> And yeah, so they’ll put a um press release out sometime soon and they’ll just
> say you know anything you do in life you do at your own risk.
>
> But yeah we’re not deemed as a ponzi or pyramid scheme. Thank God. So that’s
> pretty cool. Alrighty hope that helps, chat soon.
(Auto captioned from the Audio)
Oddly no notice from the FSCA on them not being a scam a month later. Naughty
naughty Chris.. FSCA are very quick to release notices when they say they will.
#128
Oz
Mar 18th, 2022 at 8:36 pm Oz(Q)
Didn’t Cheri Ward shovel the same shit about the FSCA? Right up until they
declared MTI to be a scam. (Then she lashed out at them and claimed it was all
lies)
Same vibes with Gift of Legacy’s Chris.
#129
AntiMLM
Mar 18th, 2022 at 9:30 pm AntiMLM(Q)
> Oz:
> Didn’t Cheri Ward shovel the same shit about the FSCA? Right up until they
> declared MTI to be a scam. (Then she lashed out at them and claimed it was all
> lies)
At least they had a meeting, even though Cheri’s grasp of English clearly caused
a disconnect in understanding when somebody says A but she understood B.
#130
Oz
Mar 18th, 2022 at 9:44 pm Oz(Q)
Ah fair play. So we’re going with FSCA knows about Gift of Legacy but there’s
been no meeting between the two?
#131
AntiMLM
Mar 18th, 2022 at 10:25 pm AntiMLM(Q)
> Oz:
> Ah fair play. So we’re going with FSCA knows about Gift of Legacy but there’s
> been no meeting between the two?
They’ve been reported a few times, but I think claiming FSCA approval is a bit
of a no-no for flying under the radar.
Personally i’m quite impressed how Chris tries to equate a bunch of
Micro-pyramids stacked one on the other to “not be a ponzi or a pyramid because
of the size of the boards”. The mental gymnastics is quite impressive.
#132
Oz
Mar 18th, 2022 at 10:28 pm Oz(Q)
Yeah that was a bit strange. It’s not a gifting scheme because x people are in
our matrix!
Dunno if he’s dumb or just playing the clearly dumber Gift of Legacy
participants.
#133
Stevie
Mar 19th, 2022 at 1:21 am Stevie(Q)
Chris: You guys look busy
FSCA: You wouldn’t believe
Chris: Should I come back later?
FSCA: We’ll call you. Please take a pen and rate us on Trustpilot
#134
AntiMLM
Mar 19th, 2022 at 4:13 am AntiMLM(Q)
> Stevie:
> Chris: You guys look busy
> FSCA: You wouldn’t believe
> Chris: Should I come back later?
> FSCA: We’ll call you. Please take a pen and rate us on Trustpilot
Chris: We had a 3-hour long meeting and the FSCA was like “wow totally not a
pyramid”. 10/10 would meet again.
#135
BatClooney
Mar 30th, 2022 at 1:21 am BatClooney(Q)
Hi, can someone explain the math, or rather its absurdity, behind this type of
scheme (“airplane game”) like I’m 12 years old?
I’m trying to save a friend from one and I’d like to really be able to break it
down for them. Thanks!
#136
Oz
Mar 30th, 2022 at 7:36 am Oz(Q)
You lose $100, people join after you, you steal their money. That’s the simple
math behind every gifting scheme.
#137
AntiMLM
Mar 30th, 2022 at 11:12 am AntiMLM(Q)
> BatClooney:
> Hi, can someone explain the math, or rather its absurdity, behind this type of
> scheme (“airplane game”) like I’m 12 years old?
See:
https://behindmlm.com/mlm-reviews/gift-of-legacy-review-rebooted-100-gifting-pyramid-scheme/#comment-448382
> I’m trying to save a friend from one and I’d like to really be able to break
> it down for them. Thanks!
It’s also patently illegal and an obvious pyramid scheme with mandatory
recruitment.
#138
tina
Mar 30th, 2022 at 10:48 pm tina(Q)
Some of the organisers have been involved in “Kindred heart” and other pyramid
schemes before. They make money by positioning themselves on the high positions.
The time relevant language used is speaking to your heart but really, by
participating you steal from those joining after you. The scheme has a natural
ending based on simple maths and tons of people – 86% to be exact – will lose
their money without any returns.
here is why:
Gift Of Legacy is a simple matrix-based gifting scheme like thousands before
The only income it has is from those joining. It’s not miraculously multiplying
money.
3 basic qualifying criteria for a pyramid scam:
1) requires recruitment to join
2) cycles through levels as more
3) requires payment to join
If 0 people join as of today, how many people won’t get paid?
Matrix-based gifting schemes are less common now (most of the scammers have
moved onto crypto), but were a dime a dozen 5-10 years ago.
Constant recruitment is required to keep a gifting scheme afloat. This combines
gifting with a pyramid scheme model.
The longer the scam runs, the more people are needed to keep funding it – as
with all pyramid scams
When recruitment inevitably collapses, so too does the gifting scheme.
Being a matrix-based gifting scheme, Gift Of Legacy’s collapse will be preceded
by its matrices stalling.
Once enough matrices have stalled, that’s the end of the scam.
Gifting pyramid schemes always collapse because you need seven, they need seven,
those need seven… and a few “need seven” levels later we’re talking more people
than exist on Earth.
Everyone who doesn’t “have seven people under them” loses money. Math guarantees
this is the majority of participants roped into the scam.
The longer the scam runs the more people it requires to keep feeding it – as
with all pyramid scams
On the numbers side of things you have $100 going in and $42,700 coming out.
Additional cycles pull out even more funds.
Without accounting for additional cycles, the math behind Gift of Legacy is
already ridiculous.
One person needs 427 $100 gifting payments to withdraw across all four tiers.
Those 427 people need 427 $100 gifting payments each, they need 427 $100 gifting
payments each and… pretty soon you’re looking at numbers running into the
billions.
Let’s do some simple calculations with 1 board – on the left side we see how
many people need to be paid, on the right side how many among them are needed to
fully pay the left side
1 person to pay + 7 people needed
7 to pay + 49 needed
49 to pay + 343 needed
343 to pay + 2401 needed
2401 to pay + 16807 needed
16807 to pay + 117 649 needed
117 649 to pay + 823 543 needed
823 543 to pay + 5 764 801 needed
5 764 801 to pay + 40 353 607 needed
From here you can see there is a constant increase in how many are needed to
continue paying out.
Remember that people are not infinite and money is not infinite, so at some
point you will not be able to recruit new people.
When you reach this point in the bottom line, 823 543 people have been paid out
and another 6 million have not and never will.
This figure gets worse with each step/board. For every person who gets paid, 7
others risk not getting paid.
#139
Malthusian
Mar 31st, 2022 at 1:09 am Malthusian(Q)
> BatClooney:
>
> I’m trying to save a friend from one and I’d like to really be able to break
> it down for them. Thanks!
Don’t “explain” it to them. Pyramid schemes are cults, and victims perceive
attacks on the scheme as an attack on them, including factual explanations.
What you see as the facts, they see as an attempt to stop them getting rich and
solving all their problems.
Instead, ask them for explanations, e.g. “But how can they find eight new
members for every person that gets paid?” You can’t change their mind, you can
only encourage them to keep thinking until they change it themselves.
It probably still won’t work but it’s got a better shot at it.
#140
LOL-GoL
Apr 1st, 2022 at 1:16 pm LOL-GoL(Q)
The FSCA has released a statement.
> FSCA warns the public against Gift of Legacy
>
> In light of public enquiries received by the Financial Sector Conduct
> Authority (FSCA), the FSCA considers it in the best interest of the public to
> disclose that it has conducted a preliminary investigation into the activities
> of Gift of Legacy.
>
> The purpose of the preliminary investigation was to establish whether Gift of
> Legacy is conducting unregistered financial services business.
>
> Based on the preliminary investigation, the FSCA is of the view that Gift of
> Legacy is not rendering financial services as defined in the Financial
> Advisory and Intermediary Services Act No. 37 of 2002 (FAIS Act).
>
> The Authority will however refer the matter to other regulators in South
> Africa, for them to consider and take further action if necessary.
>
> Members of the public should always check that an entity or individual is
> registered with the FSCA to provide Financial Advisory and Intermediary
> Services and what category of advice it is that the entity is registered to
> provide.
>
> The FSCA reminds consumers who wish to use the financial services of an
> institution or person to check beforehand with the FSCA on either the
> toll-free number (removed) or on the website fsca.co.za, as to whether or not
> such institution or person is authorised to render financial services, and in
> particular which financial products they are licensed for.
#141
AntiMLM
Apr 1st, 2022 at 1:25 pm AntiMLM(Q)
> LOL-GoL:
> The FSCA has released a statement.
@Oz
FSCA warns the public against Gift of Legacy
Somebody must be lying though, didn’t Chris have a meeting and get the all-clear
from them? I’m flabbergasted that they would warn people against a legit scheme
#142
Oz
Apr 1st, 2022 at 1:33 pm Oz(Q)
Thanks. Gimme a bit, finishing off a math heavy review (illegal lottery yay).
Don’t wanna mess it up.
#143
JackG
Apr 22nd, 2022 at 7:49 pm JackG(Q)
22/4/2022
How the board placements work as per GL 16 Feb 2022.
> There is an oldest bronze board, there is an oldest silver board, there is an
> oldest gold board and an oldest platinum board.
>
> The system and the code will look for the oldest board and it will then fully
> populate that board with gifters that go there because of the perpetual system
> and flip that board in effect creating the two newest boards.
You go into a perpetual state basically because you are now repeating the
process and you finished a first cycle on board x,y, or z and that makes you a
perpetual participant rather than being on a perpetual board.
The oldest boards that are now being filled up are dated 6/1/2022 which is the
date the system launched.
There is no special algorithm that is actually making a difference. With the no
of perpetual users on the system if it was filling up the oldest boards,
everyone from KH would have moved by now and not be stuck.
The talk that people aren’t putting in enough is simply BS or that their
attitude makes a difference is BS too. They are simply disheartened at not
seeing what was promised work when they have brought in their 2 people and those
people are not place fillers as they suggest. What it tells you is that no-one
else on their board is even trying anymore.
You can be pretty sure of whose boards are filling up beautifully.
Unless they rectify this and fast, GL will be just another one for the history
books. Just another SCAM.
#144
AntiMLM
Apr 22nd, 2022 at 11:04 pm AntiMLM(Q)
> JackG:
> The talk that people aren’t putting in enough is simply BS or that their
> attitude makes a difference is BS too. They are simply disheartened at not
> seeing what was promised work when they have brought in their 2 people and
> those people are not place fillers as they suggest.
Mandatory recruitment…chainletter scam…aka pyramid scam…
I’ll say it again:
People are not infinite.
Money is not infinite.
Shitty gifting scam is shitty and definitely not infinite.
#145
Amos_N_Andy
Apr 23rd, 2022 at 3:14 am Amos_N_Andy(Q)
> JackG: Unless they rectify this and fast, GL will be just another one for the
> history books. Just another SCAM.
Whether “they rectify this” or not, it’s just another SCAM. It always was.
#146
Angie
Apr 25th, 2022 at 10:38 pm Angie(Q)
So I chatted to some programmers and it is possible to put code in GL that only
fills certain boards and not others. This would explain why there is no
transparency and all communication has been shut down.
The programmers find it hard to believe that any developers would lose their
integrity and fall for greed but greed is so common place these days.
I feel sad for all those that joined GL with high hopes.
#147
DavidH
Apr 25th, 2022 at 10:56 pm DavidH(Q)
All those whose boards are stuck should insist on an audit being done on the
system. The type of money involved warrants it.
#148
Oz
Apr 25th, 2022 at 11:02 pm Oz(Q)
So this one’s collapsed then?
Here’s your audit: Math is math. Recruitment inevitably slowed down and sorry
for your loss.
#149
AntiMLM
Apr 25th, 2022 at 11:11 pm AntiMLM(Q)
> DavidH:
> All those whose boards are stuck should insist on an audit being done on the
> system. The type of money involved warrants it.
Lol, anybody that thinks a scam based on a 50-year old chainletter scheme can be
salvaged with Audits should stick to Santa Clause and Unicorns, at least those
are half believable.
#150
AntiMLM
Apr 25th, 2022 at 11:43 pm AntiMLM(Q)
Guessing their “Free Giving to Charity by donating them a spot in our scam
matrix that a member still has to pay for” hasn’t drummed up the business they
need:
youtu.be/AXX5toQgtIE
Dumping their payment links here for future reference
> DONATE WITH PAYPAL
>
> (Ozedit: email removed)
>
> DONATE WITH EFT (South Africa)
>
> Graciously Giving Movement NPC
> FNB Cheque Account
> Account Number: 62933387591
> Branch Code: 250655
> DONATE WITH CRYPTO CURRENCY
> BTC
> 3LVG4Jffp2mGVyYfbKDLABvSpQUnza8F3N
> LTC
> MB2NXs7XtLA6VzrJuMpHN4sa3ZrRbpzEYu
> TRX
> TAZMVqj1uae89R8yRMCSxkQepTsWgspS2d
(Doesn’t seem to be a registered Nonprofit either)
#151
AntiMLM
Apr 26th, 2022 at 12:07 am AntiMLM(Q)
BTC link got 1 donation, sent to Luno for some ZAR a week later.
#152
Leecher2k22
May 11th, 2022 at 12:10 am Leecher2k22(Q)
They recruited some friends of mine. What a shame. One guy was coming to me with
this sh*t. He said, he take two rounds with 800 income.
Maybe this is true, but its stealing and not confirm with my attitude to such
systems! i will not steal from other!
Recruiting in germany must be high this times!
#153
Gina
May 19th, 2022 at 7:26 pm Gina(Q)
Oz.. your gaslighting cracks me up. But honestly your mathematical breakdown is
sadly point on.
I would love to hear your take on (Ozedit: derails removed)
#154
Oz
May 19th, 2022 at 7:30 pm Oz(Q)
My take is if it has nothing to do with Gift of Legacy and MLM then spam-bin.
#155
Silver B
May 22nd, 2022 at 6:18 pm Silver B(Q)
I fail to understand why people do not do ground searches first before trusting
a crook. All you have to do is Google “Chris Hatting Fraud” and full explanation
pops up.
The level of confidence of these crooks is so high that they use their own
stained names and show their faces as if they may have been crooks in the past
but now they are kleen with Gift of Legacy and the BS they dish in the various
webinars…
Fact : they manipulate the boards to be legends first as admins control the
website. They therefore get rewarded first as in all piramid schemes.
Because they have ventured in global marketing, I am affraid that they will
travel far this time before the scheme eventually colapses…
Are there no authorities on top of this scam to shut down the website ?
Makes one think!
#156
Marius Bosman
Jun 3rd, 2022 at 5:55 am Marius Bosman(Q)
All these platforms are scams, not 99% but 100% scams, no matter if it’s gifting
platforms like GOL, ore mining or trading or whatever BS new platforms they come
up with.
And then the sideline groups making like they helping each other, helping the
community..better future blah blah…BS!!!
some are so desperate that they even bring religion and faith in the mix, so
called pastors lmao false ponzi prophets rather, hope they burn in hell!!…
bitlocity have a group called “investors of faith” lol…
anyway this is about GOL ande yes just like KH 100% scam, some do make money
yes!!
top of the pyramid and the leaders, and they will make promises and milk you for
every last penny and get you to recruit friends and family, they good, i will
give them that, but their day will come!!!
#157
Xolani
Jun 6th, 2022 at 6:37 pm Xolani(Q)
Its a pyramid scheme.
A free peace of advice. If you dont understand the product/service being
advertised to you, then you are the product.
#158
BulletDodged
Jul 21st, 2022 at 11:52 pm BulletDodged(Q)
Thank You !!! Thank You !!! Thank You !!!!
Wow I am so grateful for the info as I dodged a bullet by almost being pulled
into this scam.
I was approached by a friend who explained the GOL concept – I immediately
indicated any scheme that requires you to “bring in 2 additional people to enjoy
the wealth” sounds like a ponzi scheme (as the basic math never adds up – with a
growing scale of participants ….someone always loose money – normally the
massive chunk at the bottom of the scheme).
I got told there is a website and even got sent the power point presentation. My
healthy mind again said this can’t be legal; and a simple google search brought
this article up.
I also got hold of another current member who shared his boards running dead;
the overdrive to actively recruit new members as the panic sets in (people start
to realise they have been scammed and the bottom is busy falling out) – the
words used was “every man/woman for themselves at the moment just trying to get
their money out which they put in”.
BIG THANKS for everyone’s input (and even the LOL moments – brilliant) – forever
grateful.
Lesson: When your healthy mind tells you “It is too good to be true” and the
math don’t add up – LISTEN !
#159
AntiMLM
Jul 22nd, 2022 at 12:13 am AntiMLM(Q)
> BulletDodged:
> My healthy mind again said this can’t be legal; and a simple google search
> brought this article up.
Sanity prevails,and indeed,it’s illegal,and anybody joining now is getting fed
to sharks to save themselves
#160
Jamal
Jul 28th, 2022 at 12:44 am Jamal(Q)
The following message was just posted in the gol Telegram channel:
> Final Statement
>
> Dear Community,
>
> I am saddened in more ways than one about the events that have transpired over
> the last few days, and also the last few months.
>
> As you all know, GL – my brainchild and pride and joy – Gift of Legacy, was
> taken from me by the ‘Core Leaders’ and launched to the community before it
> was ready.
>
> As a result, it has not performed nor lived up to the initial promises that
> were made, and to this day, – even though it has been out of my control, I
> feel responsible for that. And therefore responsible to each and every one of
> you.
>
> I want you all to know that when I started GL, it was intended to be run with
> integrity, a fierce sense of community and 100% transparency.
>
> A few days ago, I aired some shocking truths. Shocking to me, and to you –
> because even though they stole my program, I didn’t expect the ‘Core Leaders’
> to steal mine and my family’s GL accounts too.
>
> To this day, they have not been able to give a reasonable explanation for this
> – even though I have sent correspondence demanding to know why.
>
> I have just sent another e-mail to the ‘Core 4’ telling them that I will be
> walking away and have asked them to stop mentioning my name on Zoom for any
> reason whatsoever and to pay the abundance from gifts to the relevant owners
> of these accounts.
>
> Regardless of the ‘ownership’ issues – I am a participant in the system, just
> like any other. I shared my story with you because I wanted to you know that
> they have access to the database and that if they can do this to mine and my
> family’s accounts – they can do this to you too!
>
> By virtue of this fact, it proves that GL is NOT a decentralized system, but a
> toy for the ‘Core Leaders’ to manipulate as they see fit.
>
> This goes against the intrinsic ethos of what a Gifting Program is all about.
>
> When is enough actually enough for the ‘Core Leader’? Take my program, take my
> boards…..what’s next?
>
> Every single one of my supporters (who are also participants of GL) have been
> blocked from all of their platforms for asking questions.
>
> Questions not only about my allegations, but also questions of their own –
> like ‘how does the algorithm work?’ and ‘I brought in 50 people but none of
> them landed on my board!’ etc….So much for transparency.
>
> Anyway – I can write a book about what has happened in my life over the last
> few months, but I will spare you the gruesome details and end with a summary.
>
> My conclusion is this:
>
> I have told the honest truth about everything that has happened. Some will
> believe me, some won’t. And I’m ok with that, because I know who I am as a
> human being.
>
> I have exposed the failings of GL and the ‘Core Leaders’. How you choose to
> proceed on your journey with GL is now up to you.
>
> I visited the authorities and after a lengthy discussion, the finality was
> that GL would be no more. I have decided to walk away from all the negativity
> and put the community first, to rather focus my energy on creating an new
> program that will deliver on all it’s promises – the platform that GL was
> intended to be.
>
> I owe it to each and every one of you– so I am more fired up than ever!
>
> This program will be a Gifting Platform like none other. I’ve had more than
> enough time to think about things and improve on, and to all the systems I
> created for GL.
>
> Not only that, but I have aligned with genuine people this time around –
> people who I trust and who trust me. People who have the same dream as me.
> People who will put the community first…..ALWAYS.
>
> I will be closing this group directly after I post this statement, for obvious
> reasons.
>
> Please know in your hearts that I value and appreciate every one of you, for
> walking this road with me and for believing in me.
>
> Could I ask respectfully, that you don’t send me private messages regarding GL
> at all. I am moving on to bigger and better things.
>
> Redemption will be the new platform. I will post more info about that in due
> course.
>
> Alone we can do so little. Together we can do so much.
>
> Much love,
> Jacques Marais
#161
Oz
Jul 28th, 2022 at 10:44 am Oz(Q)
Thanks for the update!
#162
Ian Loxton
Sep 29th, 2022 at 10:59 pm Ian Loxton(Q)
In South Australia in the 70s (I think) there was an Airplane Ponzi scheme that
collapsed and many thousands, including my Father, lost their ‘Seat Payment’.
A dear friend from Canada has just tried to recruit me and I had to inform her
that participating in a Chain-letter scheme or trying to recruit others to
participate in such a scheme is illegal and there are serious consequences for
such participation.
> The maximum penalty for fraud and other deception offences in South Australia
> is imprisonment for ten years.
That is just too rich a field to play in.
#163
AntiMLM
Sep 29th, 2022 at 11:06 pm AntiMLM(Q)
> Ian Loxton:
> In South Australia in the 70s (I think) there was an Airplane Ponzi scheme
> that collapsed and many thousands, including my Father, lost their ‘Seat
> Payment’.
Yeah the original chainletter scam in the 80s if Wikipedia is accurate:
en.wikipedia.org/wiki/Airplane_game
Love that somebody added Gift of Legacy and The Prosperity Grid to the Wiki
entry.
#164
Joe Smith
Oct 25th, 2022 at 2:24 pm Joe Smith(Q)
BE AWARE
After decimating the GOL platform with various tricks to strengthen the leaders
abundance, including fast tracking, trickle up and lastly removal of peoples
profiles for so called non compliance.
Candice and Chris have now moved onto market on social media etc, their latest
scam called Colour our world and New Earth Economy.
colorourworld.global/neweartheconomyglobal-team
DO NOT BE FOOLED BY THEIR GREED, DISHONESTY AND ABILITY TO CON THE PUBLIC.
#165
AntiMLM
Oct 25th, 2022 at 2:57 pm AntiMLM(Q)
> Joe Smith:
> BE AWARE
>
> After decimating the GOL platform with various tricks to strengthen the
> leaders abundance, including fast tracking, trickle up and lastly removal of
> peoples profiles for so called non compliance.
>
> Candice and Chris have now moved onto market on social media etc, their latest
> scam called Colour our world and New Earth Economy.
Oh wow,it’s almost like it’s exactly as we predicted.
Thanks for the update!
#166
Just Wondering Cally
Nov 30th, 2022 at 4:40 am Just Wondering Cally(Q)
So I’ve been looking at Gift of Legacy and did the math and indeed, it takes 427
participants to get through the 4 boards. However, this article doesn’t address
the perpetual placements on the boards nor the Timeframe it would take to
complete one cycle.
Stating that it would take Billions of people for this strategy to work is
inaccurate because it’s leaving out those two key factors.
But let’s examine the assertions of the author. The first part of their math is
correct. At the end you will come out with $42,700 US. $42,700 / $100 per
entrant = 427 people.
If all 427 people were trying to get through the boards in a month or two or
even 6 months, then yes, exponentially it would grind to a halt because most
people don’t understand math formulas, especially exponentials with “what ifs”.
They can’t easily figure it out in their heads because they don’t know how
algorithms work and a confused mind says no. Fair enough.
So, the author left out any mention of the perpetual placements of the program
so let’s consider the perpetual placements first.
If it took all 427 people one year to progress through all 4 boards and upon
completing each board they reenter a perpetual position on the board they just
completed, basically the same 427 people will re-populate each new board in a
beginning position. Make sense?
Of course there will be new people joining the program but the same algorithm
will kick in for them as well. OK, that’s the simple version, but there are
other factors to take into consideration as well.
Let’s say it takes 2 cycles to get the first perpetual cycle going full steam
ahead and it takes one year to complete each cycle…
427 (1st cycle) x 427 (2nd cycle) = 182,329 participants in 2 years
How many per year? Divide by 2.
182,329 / 2 = 91,165 people per year.
Now, there are about 380,000,000 in North America and approx 750,000,000 people
in Europe. That’s 1,129,000,000 people. (1.129 Billion) Let’s assume half of
them are adults.
So, let’s do the math. 1,129,000,000 / 50% = 564,500,000 Million. So, 91,165 per
year, divided by 564,500,000 = .16149% of this population PER YEAR! Less than 2%
Of just these two regions of the world, per year.
When you break it down realistically, it could easily work to the benefit of
anyone in countries where gifting is lawful.
I’m not trying to convince anyone to do anything they’re not comfortable with,
but I’d have no problem taking a chance on those percentages.
People play the lotto with much lower probabilities of winning, yet people spend
hundreds of $$ month after month without any reasonable chance of ever winning
anything.
Anyway, it’s always smart to really research any of these kinds of programs.
I’ve been in a number of network marketing programs over the years and
understand how they all work. I’m still in one, mostly because of good quality
products that I want.
Gifting programs aren’t new and they can work to everyones benefit if they are
set up properly and run properly. I’ve seen a number of them over the last 25
years but didn’t like what I saw when I did my due diligence. The numbers
usually don’t work.
I’m going to try Gift of Legacy though mostly because the numbers do seem to
work… I like the way they’ve got the algorithms built into the system. (Ozedit:
derails removed)
#167
Oz
Nov 30th, 2022 at 10:49 am Oz(Q)
1. “perpetual placements” are re-entries, funded by new money.
2. The review states 427 positions are required because participants can have
multiple positions.
> One person needs 427 $100 gifting payments to withdraw across all four tiers.
> Those 427 people need 427 $100 gifting payments each, they need 427 $100
> gifting payments each and… pretty soon you’re looking at numbers running into
> the billions.
You went off and broke that down into 427 people and created baloney math around
it (see below)
3. Your “population” math is flawed because it only works on the assumption
everyone on the planet is willing to get scammed in a gifting scheme.
The vast majority of the world’s population has a basic enough understanding of
math to not fall for gifting scams. The biggest MLM Ponzi schemes typically top
just over a million actual participants. The biggest MLM gifting schemes fall
far short of this.
Gift of Legacy is an illegal gifting scheme in which one position requires 427
new positions to cycle out as advertised. This is not sustainable for obvious
reasons.
#168
AntiMLM
Nov 30th, 2022 at 3:26 pm AntiMLM(Q)
> Just Wondering Cally:
> So I’ve been looking at Gift of Legacy and did the math
You in fact did not,as you gave no indication where this infinity money comes
from that people will keep “putting in”
> *waffle*
>
> When you break it down realistically, it could easily work to the benefit of
> anyone in countries where gifting is lawful.
Endless chain scams are illegal everywhere,there is 0 “lawful”
> I’m not trying to convince anyone to do anything they’re not comfortable with,
> but I’d have no problem taking a chance on those percentages.
There is no chance taking,it’s theft and fraud
> People play the lotto with much lower probabilities of winning, yet people
> spend hundreds of $$ month after month without any reasonable chance of ever
> winning anything.
People playing the lottery do so not expecting gains,and know the majority will
not win
> Anyway, it’s always smart to really research any of these kinds of
> programs.I’ve been in a number of network marketing programs over the years
> and understand how they all work.I’m still in one, mostly because of good
> quality products that I want.
Pyramid whores gonna pyramid whore
> Gifting programs aren’t new and they can work to everyones benefit if they are
> set up properly and run properly.I’ve seen a number of them over the last 25
> years but didn’t like what I saw when I did my due diligence.The numbers
> usually don’t work.
Airplane game scams are 5 decades old. Still the same con. There is no “run
properly” they all will collapse and leave more poor than “winners”
> I’m going to try Gift of Legacy though mostly because the numbers do seem to
> work…I like the way they’ve got the algorithms built into the system.(Ozedit:
> derails removed)
Did you get dropped as a baby multiple times?
Quoting my post here for the only maths you need
https://behindmlm.com/mlm-reviews/gift-of-legacy-review-rebooted-100-gifting-pyramid-scheme/#comment-448382
> Let’s do some simple math with 1 board – on the left we’ll have how many
> people need to get paid,on the right how many are needed under them to fully
> pay the left side
>
> 1 to be paid + 7 needed
>
> 7 to be paid + 49 needed
>
> 49 to be paid + 343 needed
>
> 343 to be paid + 2401 needed
>
> 2401 to be paid + 16807 needed
>
> 16807 to be paid + 117 649 needed
>
> 117 649 to be paid + 823 543 needed
>
> 823 543 to be paid + 5 764 801 needed
>
> 5 764 801 to be paid + 40 353 607 needed
>
> From here you can see there is a constant increase in how many are needed to
> continue paying out.
>
> Now remember,people are not infinite, and money is not infinite,so at some
> point you won’t be able to recruit any more.
>
> If you reach that point at the bottom row, then 823 543 people got paid,and
> another 6million did not and never will.
>
> This number only gets worse with every level/board. For every person to get
> paid 7 others risk not being paid.
>
> Do you really want on your conscience being part of a scheme that will
> automatically make 86% of the joiners poorer at the end? What kind of scumbag
> does such a thing?
>
> (Also note this assumes boards have 0 dropouts ever, and no rebuying but even
> with rebuys you are only delaying the failure)
#169
Stevie
Nov 30th, 2022 at 5:02 pm Stevie(Q)
The next person to try and justify a ponzi by referring to lotteries deserves a
bucket of cold water over their head.
Lotteries exist because as part of their licencing they are required to give a
large portion of what they make to good causes. They are also heavily taxed and
bring the tax burden down for everyone else as a result.
You know going in that you at best have a one in 14,000,000 chance of winning.
If you are doing that as an investment instead of spending your spare change,
you are being taxed on your stupidity.
Gifting schemes are illegal and destroy lives. Fact.
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