look how many people get suckered into multi level marketing aka pyramid schemes. Imagine if those schemes were allowed to get their members to just "invest" mo

look how many people get suckered into multi level marketing aka pyramid schemes. Imagine if those schemes were allowed to get their members to just "invest" money with promised returns for getting other "investors". It seems real easy for it to turn into a loophole for full on pyramid schemes to start popping up. Not to mention the kinds of ponzi schemes you can run when you can peddle stock in non-public companies that the average retail investor can not even look up quarterly reports on