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Re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?
Zenkers German Trial Information:
April 4th 2019
'Unauthorized advertising (pyramid scheme) in Landsberg
Room 96
13 KLs 25/18
The accused, born in December 1973, is charged with criminal prosecution under the Unfair Competition Act (UWG).
He is said to have undertaken from March 2014 to January 2017 from Landsberg to induce consumers to purchase goods, services or rights by promising them that they would gain special benefits if they induce others to conclude similar transactions (§ 16 para. 2 UWG).
Through a co-operated advertising platform he is said to have sold to consumers so-called credit packs, which should give consumers the right to participate in a revenue-driven pool, provided that they fulfill their obligation to click on at least 10 banner ads every day. This gave the impression that the business model not only generated revenue from the sale of "credit packs" but also advertising revenue, which was not the case. In fact, in the spirit of a pyramid scheme, the business model had financed the commissions initially distributed to the consumers involved merely by selling more "credit packs",
The accused is said to have collected over $ 100,000.00 in this way.
The defendant denied the allegations and argued that the business model was not a pyramid scheme.
In the case of a conviction imprisonment threatens up to two years or a fine.'
Watch this space...
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Re: Is My Advertising Pays / The Advert Platform A Scam or Ponzi?
Originally Posted by
HARRISON
Zenkers German Trial Information:
April 4th 2019
'Unauthorized advertising (pyramid scheme) in Landsberg
Room 96
13 KLs 25/18
The accused, born in December 1973, is charged with criminal prosecution under the Unfair Competition Act (UWG).
He is said to have undertaken from March 2014 to January 2017 from Landsberg to induce consumers to purchase goods, services or rights by promising them that they would gain special benefits if they induce others to conclude similar transactions (§ 16 para. 2 UWG).
Through a co-operated advertising platform he is said to have sold to consumers so-called credit packs, which should give consumers the right to participate in a revenue-driven pool, provided that they fulfill their obligation to click on at least 10 banner ads every day. This gave the impression that the business model not only generated revenue from the sale of "credit packs" but also advertising revenue, which was not the case. In fact, in the spirit of a pyramid scheme, the business model had financed the commissions initially distributed to the consumers involved merely by selling more "credit packs",
The accused is said to have collected over $ 100,000.00 in this way.
The defendant denied the allegations and argued that the business model was not a pyramid scheme.
In the case of a conviction imprisonment threatens up to two years or a fine.'
Watch this space...
Here's the link:
Pressemitteilung Nr.: 011/2019
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Post Thanks / Like - 0 Thanks, 2 Likes, 0 LMAO, 0 Dislikes, 0 Ignorant, 0 Moron
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