Monday 5 October 2015

Consumer Alert: 4 Corners Alliance

4 Corners Alliance are still around actively trying to recruit people throughout Botswana.

4 Corners Alliance say that their scheme provides:
"a cutting edge financial education series, arming you with the groundbreaking knowledge you need to reach long term financial security".
They go on to say that they offer:
"a robust set of 31 books, distributed through six purchase levels, with timely and engaging Financial topics with a broad spectrum of topics ranging from mindset and motivation to some serious financial education that will put the control back where it belongs–with you. We’ve placed a unique business emphasis on helping you reach your full potential and explode your income so you can take your lifestyle to thrilling new plateaus."
However what you see when you visit their web site and attend their presentations will be what all pyramid and Multi-Level Marketing schemes really concentrate on: the opportunity to make money from the scheme.

Four Corners Alliance will tell you that they’re not a pyramid scheme because they sell products. Once you’ve joined their scheme you can buy a range of electronic books on financial literacy. But here’s the flaw. Four Corners Alliance will sell you these books for between $16 and $399 but you can also get these and similar books elsewhere for much less than those prices. However as with all pyramid schemes the key thing they encourage you to do is to recruit other people beneath you. In order to do this you need to spend significant amounts of money to buy the right to sell the books and so do the people beneath you.

I think this table from their web site says it all (it's not the original table, I retyped it).

What shape is that?

Unlike some of the real Multi-Level Marketing schemes like Amway and Herbalife who have been forced to publish the income figures for their distributors, Four Corners Alliance don’t do this. They can’t prove any of the claims they make about people becoming rich.

I urge you not to waste your time, effort and money on this and every other pyramid scheme.

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