There are of discussions on the Ponzi and pyramiding scams at the Pinoy Entrepreneurs blog (see “Scams and Schemes“). There’s a discussion of an actual case, the Panata Foundation case. The 2000 case of People vs. Menil, Jr. involves a strikingly similar scheme. It’s really amazing how this scam still works despite almost a hundred years of existence. Maybe people have this nagging doubt that such get-rich scheme is highly suspicious, but rational thinking is oftentimes defeated by the very same reason — the prospect of getting rich quickly.
Anyway, if you’re at the Pinoy Entrepreneurs blog, you might want to answer a poll on whether our country needs more entrepreneurs or more opportunities.
Related Posts:- Insolvency and Criminal Cases
- Pinoy Entrepreneurs
- Cases on the National Identification (ID) System
- Entrepreneur vs. Employee: Why can’t everyone be entrepreneurs?
Tinkering with internet tools comes with the bonus of better understanding how existing laws apply to the third wave - that of technology, particularly the internet. This is also a great medium to disseminate and discuss ideas across borders, time, color or creed. 
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