Articles tagged with "investment"

I hope you're enjoying a few days off at Easter weekend, maybe enjoying some Hot Cross Buns dripping with butter, and some chocolate eggs.

SleepDrops is a New Zealand company which sells small vials of liquid drops which are supposed to help you get to sleep and stay asleep. Their ingredients are a mixture of small doses of herbs and very small (homeopathic) doses of herbs. A look at the Scientific Research page on their website shows that there's a dearth of research for any of the ingredients in the SleepDrops products, and absolutely no research on the SleepDrops formulation.

In the scheme invested money receives a return of 30% profit after a month. It works as a classic Ponzi scheme, where the incoming money from new members is used to pay members whose investment is withdrawn. These schemes work while they gain in popularity, but stop working as soon as they stop growing. The most famous example of this is the Bernie Madoff fraud, where it's estimated that $65 billion was lost.