GMI ( Gold Mine International) - Legit or just another way to rob the already poor?

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lilsouljah

lilsouljah

Teh Naab
Oct 11, 2010
100
0
22
Islamabad/Rawalpindi
Hey guys,
So i was invited to this GMI meeting/presentation by some of my friends.
Heard alot about it, but cant seem to find any legit source of info. And there's nothing more legit than the awesome PG community. So is it true? Can you really make some solid green by this 'network marketing', as they like to call it.
Anyone got any good info about this? Would be the very enlightening to know.
cheers :D
 
EvilGenius

EvilGenius

Proficient
Aug 7, 2009
782
0
21
Rawalpindi
www.Wrestle-Zone.net
If it matters to you.

This scheme a.k.a Pyramid Scheme or Multi Level Marketing (MLM) are both Haram is Islam.

Yes people do make money but again.. read what i just said.

Google for MLM and Islam or Pyramid Scheme in Islam if you want references
 
krazyhamad420

krazyhamad420

No pAiN, nO GaiN ?!
Feb 24, 2011
606
5
24
32
Rawalpindi
Yup its legit .. but as Evil Genesis said ..
One of my cousin have done this work . he start it by giving 6000rs and he got a watch which he sell for only 200rs in market ,... uss ne 6000rs puray kar k ye kam chor diya ...!!

One year ago my class CR also invited me to their Presentation...
 
Azaudin

Azaudin

The Newb
May 30, 2011
778
0
21
Rawalpindi
They look kinda legit, but as Evil G said. Their method of paying is haraam.
They give a 18 carrot watch when you sign up with them.

Spoiler: show


They are registered with the SECP

Spoiler: show


Here is a GMI pay check photo I saw, don't know whether it's real or not.

Spoiler: show
 
krazyhamad420

krazyhamad420

No pAiN, nO GaiN ?!
Feb 24, 2011
606
5
24
32
Rawalpindi
@ Azaudin that watch is not 18 carrot .. its china ki sasti wali watch :p ... 200 rs ki pathan bech rai hotay hain market main .. aur agr bargaining karo to 200 se bhi kam ki day daite hain :p
And this work in nothing its totally crap ....!!!
 
theundead

theundead

The Lich King
Nov 15, 2011
303
0
21
Lahore
beware its a ponzi scheme slightly modified by addition of the "gold" watch
bhi kis dunya main 6000 ki 18karat gold watch milti hai? they r selling u a watch that u do not need on a cost that is way above the true market value, for an opportunity to sell the same crap to ur friends/family/relatives & put them in a similar situation & so on...

jahan tak legit honay ki bat hai, to pak main sub kuch legal hai. in slightly more civilized countries like the us, such a business is declared fraudulent by the law

according to wikipedia, the characteristic of a ponzi scheme is
the "return" to the initial investors is paid out of the investments of new entrants, and not out of profits.
Click to expand...

Wikipedia
 
BaqarNaqvi

BaqarNaqvi

Seasoned
Mar 6, 2011
2,548
8
44
Karachi
This all is bullshit .....
EMI GMI .... mairay pass bhi aye din msg aay rehtay hai yaha presentaion hai ajao ...

Abay bhai ... internet hai .... bohat tariqay hai kamanay kay ;)
 
syedfarazahmed

syedfarazahmed

Seasoned
Nov 29, 2009
2,836
3
43
Karachi
just another way to rob the poor. its been discoursed here previously as well.and i have seen their drama live... the guy says after taking the starting amount that is around 6k that don't go for the watch because is uselss even mobile phones have clock etc etc save the money in the gmi account and after you get enough members you can buy gold coin some gold pen etc shit(n)
 
Zeus MK

Zeus MK

Xplorer
Aug 11, 2010
3,083
37
54
33
Under the Mercy of the Creator
ahaha..
GMI=GMD (if u've heard the old hilarious song that is)
3 years ago my cousin (when taking part).. yar GMI yeh GMI woh
now(after taking part).. chor yar (bat kato)

leave it kid, just another way to waste time and $$
 
UmairS1

UmairS1

Active member
Mar 11, 2009
337
0
21
38
Chicago
www.stanfordchildrens.org
GMI and GMD is as 100% legitimate as NIGERIAN BANK...

IM GUARANTEED 100 MILLION USD to help Mr. Akeli Mumbatu transfer this money.
He just needed 500 USD deposit... to clear customs.

im still waiting to recieve 100 MILL USD BUT I TRUST IT WILL COME SOON :looking:

THEN I WILL INVEST IT IN GMI.


SOON THEY GONNA CALL ME......... UMAIR GATES.
 
BaqarNaqvi

BaqarNaqvi

Seasoned
Mar 6, 2011
2,548
8
44
Karachi
UmairS1 said:
GMI and GMD is as 100% legitimate as NIGERIAN BANK...

IM GUARANTEED 100 MILLION USD to help Mr. Akeli Mumbatu transfer this money.
He just needed 500 USD deposit... to clear customs.

im still waiting to recieve 100 MILL USD BUT I TRUST IT WILL COME SOON :looking:

THEN I WILL INVEST IT IN GMI.


SOON THEY GONNA CALL ME......... UMAIR GATES.
Click to expand...
ye sub funterbazia mairay sath bhi hue hai .... aisa nahi hota .. nigerian bank say bank of africa say ... ghana bank etc
some scam hai
 
ahmednawaz2009

ahmednawaz2009

PG Extremist
Sep 30, 2011
339
0
21
Islamabad
www.vipfitness.com.pk
theundead said:
beware its a ponzi scheme slightly modified by addition of the "gold" watch
bhi kis dunya main 6000 ki 18karat gold watch milti hai? they r selling u a watch that u do not need on a cost that is way above the true market value, for an opportunity to sell the same crap to ur friends/family/relatives & put them in a similar situation & so on...

jahan tak legit honay ki bat hai, to pak main sub kuch legal hai. in slightly more civilized countries like the us, such a business is declared fraudulent by the law

according to wikipedia, the characteristic of a ponzi scheme is

Wikipedia
Click to expand...
he is totally right it is modified ponzi scheme search in wikipedia and you will get it... and yeah it is haram so stay away from this.
 
A

AbdulAhad

Talented
Nov 12, 2009
68
0
11
Karachi
well about 4 yrs back i went to one presentation,,, adnd lolz,, i was shoked to see that profesional trying evryone to get into his scheme.. and saying i have 5 ferari;s in dubai.. and bla bla.. also showed his acount having milions and bla bla... lolz.... a few of my friends went for it... shuru mein to bht chill tha but that woh 6000 wapis aney mein un ke waat lag gaye... they all quit after this,,,, coz its tuff to convince ppl to invest in all this shit.,...
plus use ur mind in some beter constructiv thing...
im surprised to see its still around.....

We have grown upp now, its time for you teenagers to start thinking..:)
 
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