I must conceive that i dunno the company well. But I suspect they work like some sort of pyramic scheme. Please feel free to correct me if you have more information.
I believe you're absolutely right.
Get rich quick scheme, pyramid scheme, ponzi scheme... whatever else it's called.
Genneva Gold is definitely in that group.
It's funny how when they are raided now that investors come out in droves to complain.
For me, there are no happy endings here.
Scenario 1.
Authorities raid them now... people crying foul that this is a legitimate company and legitimate business.
Scenario 2.
Authorities raid them when they're all packed and gone... people crying foul that how come such a scheme is not detected earlier and shut down earlier before more damage is done.
I am hard pressed to think of another of these schemes being shut down BEFORE the company have already packed up and gone and damage done. Enlighten me if I am wrong.
Agents for these schemes only sing the company's tune as long as they get their comissions and fees and whatnot...
End of the day... it's the greed...