Whether they call it a club or a circle, don't join; gifting programs are scams.
The basic premise is that you are going to make a lot of money recruiting other people to become members of the club. Often the club is promoted as a way of making tax-free money or helping others. For instance, in one particularly repulsive example the gifting program was presented as a way for women to help other women get ahead.
The thing is, gifting programs are pyramid schemes. They're illegal. And sometimes, as in the example, they're immoral, too.
More About Scams
The basic premise is that you are going to make a lot of money recruiting other people to become members of the club. Often the club is promoted as a way of making tax-free money or helping others. For instance, in one particularly repulsive example the gifting program was presented as a way for women to help other women get ahead.
The thing is, gifting programs are pyramid schemes. They're illegal. And sometimes, as in the example, they're immoral, too.
More About Scams
- Gifting Programs (Matt Gagnon: Mazu Publishing)
- Is It MLM or a Pyramid Scam?
- 5 Common Business Scams & How to Avoid Them
YOu are confusing gifitin programs with illegal pyramids.I am familiar with the women’s one (no, I did not get involved). It was all over the city I live in.
This does not even resemble a gifting program.