Warning Lawn Chair Millionaire
This scheme is apparently spreading across the Internet like wild fire. I learnt about it from an unsolicited spam Email. This is the first sign of a very dodgy company.
The scheme promises that you will make lots of money on the Internet by doing very little except paying a subscription.
You only earn money from the subscriptions of other members who join after you. There is NO ACTUAL PRODUCT OR SERVICE, which makes it a pyramid scheme or similar. It is cleverly camouflaged as a money making business opportunity. It is a fact that around 89% of members in these type of schemes lose money, it’s always that way no matter what the company tries to tell you. Only a few people on the highest branches actually make money. All it is effectively doing is taking money from the majority on the lower branches and giving to the minority at the top. As far as I know these schemes are now banned in the UK and many other countries, although occasionally someone cleverly camouflages a pyramid scheme in another way like this.
I’ve noticed there’s lots of very good information and reviews about this site spread over the Internet. The scheme is linked to from numerous sites recommending that you join immediately to secure your position, so you can apparently claim the most money. All these sites can’t be wrong can they?
Well this is what makes the con VERY clever indeed. The good reviews are by people who have joined the scheme, they want you to join underneath them so they can make money. You will notice they link to a custom URL based on their own lawn chair millionaire user name, e.g. xyz123.lawnchairmillionaire.com, where xyz123 is their specific user name. If you sign up on this URL, user name xyz123 will get of cut from your subscription charge. So if you see a so called review with a custom URL linked to the site, then you now know the review is biased.
See http://www.lawnchairmillionaire.com but please don’t fall for it, it’s very convincing. All they are really interested in is you paying your subscription, this will go into the pockets of a few people at the very top. Of course everyone who joins thinks they will be in the top 11% and make a profit, obviously that’s not possible. Eventually the site will become saturated, then it will disappear if it doesn’t get shut down beforehand by the authorities.

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Comments:
Comment from admin
Time January 27, 2009 at 4:07 pm
Here’s what also looks like a very similar scheme: http://www.pushbuttonxtreme.com
Remember, if there is no product except the program you are buying, only a very small number of people at the top make money and most people lose, often around 90%. Without a genuine product, all the scheme can possibly do is move wealth, NOT generate it.
Comment from admin
Time April 20, 2009 at 4:35 am
Lawn Chair Millionaire are still advertising a “Home based business”, with “earn up to $2,750 a week”, I very VERY much doubt it, especially when the system has now been going for ages and is probably starting to saturate. You’ll almost certainly be amongst the vast majority of people stuck earning nothing or almost nothing after paying your hard earned cash into the pot. Most of your money will just go towards making the small minority of successful users even more money. Remember, it’s an earnings redistribution system only, the system can only pay out what’s gone in minus usually a huge amount of money taken by the person(s) who devised the system at the very top.
Comment from admin
Time October 2, 2009 at 2:33 am
DONT BE FOOLED BY THIS SCHEME OR OTHERS SIMILAR!
This awful system is unfortunately still going strong, remember that it’s a money transfer / redistribution system where the few lucky people at the top get most of the money from the vast majority of people stuck low down or at the bottom of the ladder. At least 90% of people are destined to fail no matter what happens now or in the future, so please AVOID! The biggest winner will always be the person who set up the system in the first place who will reap a large amount of rewards at the very top.
Also remember that there will always be plenty of excellent reviews by the very people who have parted with their hard earned money to join the scheme, this is because the only way they can possibly have a chance of becoming amongst the very few people making a profit at the top is to sell to the poor people beneath them and they have to sell very hard indeed in a dog eat dog system where only a small few make a profit at the expense of the many! Because people are strongly encouraged and ultimately forced to hard sell to have any chance at all of making a profit instead of losing their hard earned money, the system sells itself and spreads like a plague across the Internet.
Eventually the system will become saturated and 90%+ of people will definitely always lose out. Even if you are one of the small few that makes money from this system, you have achieved this at the expense of lots of innocent people who have been scammed by your hard sell, only to lose out. You will also have put lots of extra money into the hands of the biggest scam artist of all who always reaps the greatest rewards at the top.
Pyramid schemes are illegal in most countries around the world for good reason because 90%+ of people are destined to fail in this way, but unfortunately there’s loads of similar systems that survive using a technicality around the law. Sometimes they even have an excuse for a product like an Ebook, just to get around the law, but usually they redistribute the wealth in a slightly different way to a pyramid scheme. Another system that’s similar to a pyramid scheme, but officially isn’t is a Matrix scheme, AVOID THESE TOO as again the only revenue going in is from people buying the system itself which means it’s a money transfer / redistribution system from the many lower down or at the bottom to the small few at the top, 90%+ of people will ALWAYS lose out on these systems. Quite often the total revenue is redistributed using a complex equation or algorithm that could even be marketed as a secret formula, this is only to try and confuse people away from the real picture. Remember these systems can only pay out what’s put in by people paying for the system itself, but a large proportion of the money goes to the person at the very top (the owner of the site) while most or all of the rest goes to the very few people at the top, always leaving the vast majority people out of pocket no matter what. PLEASE DON’T EVER BE FOOLED!
One last piece of advice, please don’t take any notice of testimonials on money making sites as it’s easy for any site to have them. You will find that most of the biggest scam sites still have some amazing testimonials and in the case of pyramid type schemes, they could even be genuine as a small minority of people will make money at the expense of the many. I’m not saying however that all sites with testimonials are certainly scam sites, but unfortunately it’s impossible to tell if they are genuine or not.
I JOINED ONE OF THESE SCHEMES, WHAT SHOULD I DO?
If you’re already a member of one of these pyramid type schemes, don’t kick yourself up over it as you’re one of many thousands of similar people around the world who have fallen for them as these schemes are very cleverly marketed to trick some of the most intelligent of people, they can be extremely convincing and that’s how they take off in the first place. If you realise that you are a member of such a scheme, please stop advertising it immediately as most or all the people who you promise riches will most certainly lose out. Please cut your losses and learn from your mistakes in future, you could even write about your misfortunes to advise others not to make the same mistake. Thanks, it’s certainly the right thing to do. The more people that make a stand like this, the harder it will be for sites like this to thrive in future as at the moment there are sadly hundreds of similar schemes on the Internet with new ones appearing all the time, unfortunately they continue to be big money for the owners.
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Time March 6, 2010 at 4:30 am
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