Re: Quixtar/ multi-level marketing
When I was in college this guy I know came to my fraternity house and tried to recruit people for a company called ACN. It is some type of pyramid scheme and it was lol. There was this black guy in a fake armani suit with him and he was trying to get people pumped up to join. They showed us a video on our big screen of some ACN convention, looked like some sort of tel-evangelist show or something, just very weird. The black dude said he was worth 1 million liquid (he couldn't be more than 20-25 yrs old), I asked him what kind of car he drove he told me Acura integra (this is in 2003) lol what a joke.
So this ACN thing was selling utilities to people in lieu of whatever utility company they use. You get a residual from the contract and then you recruit people to join and you get a residual from whatever contracts they sell so yes very shady. The long of the short of it was you need to sell 100 contracts at which point you get some sort of meaningless $500 bonus when it comes down to how much money you've made ACN. Also you need to meet some kind of recruiting quota to get your residuals. And I forgot the kicker, you need like $750 to join them LOL. What a [censored] scam. The first thing that came to my mind from this idea was Boiler Room but those d-bags actually made tons of cash unlike these frauds.
I was bouncing a basketball the entire time laughing at the dude I knew and was trying to get my fraternity brothers out of there ASAP so we could go practice from our intramural game. Anyway, I knew the local college kid fairly well, we were lab partners in one class for our major and he was a manager of a successful campus bar and were good acquaintances but I wouldn't say friends. I thought he was a little wiser than this but people's street sense sucks really bad sometimes.
Last I heard he is now back in school trying to put a career together.
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