Is this method ethical?

A

ashrj

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Hi,

I want to know if this method is ethical?

Advertise:

Put some advertisement(anything which lures most the corrupt people)
in paper, tv , online where you get most hits by luring

THEN

collect some investment ,registration fees or small investment from that large crowd

put those money collected in some rigid deposits, savings bank or fixed deposits(no scam government one's) lets say FOR one Month

after some time tell the investors or subscribers that the program has been cancelled(in nice terms) due to reasons... blah blah blah and RETURN THE MONEY(No scam)

collect the interest of the savings bank (volume interest might be more)!!!

Thanks
ashrj
 
Advertise on BHW
Is not ethical at all. You would be scamming people, they will somehow find out and you are going to face the consequences.
Stay away from this method unless you know what you're doing and get away with it.
 
JSCode said:
Is not ethical at all. You would be scamming people, they will somehow find out and you are going to face the consequences.
Stay away from this method unless you know what you're doing and get away with it.
Click to expand...
i thought this is genuine method. ok thanks, you are great guy
 
Scam is when you steal money from them but this one i won't say scam but its bad then scam.
 
There is a thin line between grey and blackhat methods. You dont play with people's emotions
 
ashrj said:
put those money collected in some rigid deposits, savings bank or fixed deposits(no scam government one's) lets say FOR one Monthj
Click to expand...
Yeah never work like that , what will happen next is turn it into scam run with the money, pay someone to take blame and go to prison.
heck i have seen this happen not only on ponzi,money game, it also happen on bank.

you need a lot effort and trust to for peole to put money into you, it's not easy.
next is greed playing. here how it goes in the head. just 1 scam and i settle my whole family for life.
hence why it never work like that.
 
You would need a lot of money to make this worth your time.
Don't do this
 
If I'm doing this then I have to work everyday in fear. Not good for mental health so I will get away from this approach
 
It may not be a scam, but it is by design "OPM" and misrepresentation of whatever service you are providing. Too many people fall for "schemes" like this and those who would offer this want to ride the "get rick quick" mythology train. Lo que sea.
 
Let's take a look at some facts.

Nobody is going to give you money on the very first day. It will take you some time to collect a good sum to be deposited in the bank to be able to earn some interest in one month.

No bank accepts pennies as a fixed deposit and allows to top up funds in it.

So this is not going to happen in only one month ... right?

Apart from this technical part, to answer your question and to solve your moral dilemma, it is ethically incorrect to do this.

Not everybody who wants to double their hard earned money is corrupt by the way. But somebody who chalks out a plan to scam people is certainly corrupt.

Hope you are clear with this now ;)
 
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