Saturday, February 04, 2006

Business Model

I was just thinking about an interesting business model:

  1. Start a payment processing business.

  2. Get involved providing money to some illegal pyramid schemes.

  3. Build up your business.

  4. Once you have enough money moving, claim you just found out they are not legal and close their accounts.

  5. Keep millions for yourself.
I am not speaking about any company in particular, I am just saying this is an interesting way to make some money.

The people you are dealing with would be very unlikely to try and take legal action since most of them are involved in a pyramid business and can’t really afford to have their business looked at too closely.

(any resemblance to anyone’s actual current business model is purely coincidental, I am only speaking hypothetically here.)

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