Friday, March 5, 2010

TVI Express booster deludes himself with new definition of "scam"

8-ball pyramid scheme model.Image via Wikipedia
Welcome to another episode of "TVI Booster Madness", where we analyze the drivel some TVI Express members pump out in the hopes of convincing someone else to join up, thereby helping HIM (or her) toward the that big payout (is it $10000 or $15000? nobody really knows!)

Today, our highlight is on http://ezinearticles.com/?Is-TVI-Express-Another-False-Promise-Or-Can-You-Really-Make-$15,000-Over-and-Over-Again?&id=2823390

The author claims he had been scammed several times. Well, I am sorry to hear that. So how does he define a scam?

"Any work from home opportunity where you have almost no chance of achieving the financial promises that they make is a scam."

This one is one of the sub-definitions of scam, but it's not the full definition.

scam: a fraudulent or deceptive act or operation (EX: insurance scam)
(Merriam-Webster online dictionary at m-w.com)

So in other words, it is an incomplete definition. While "promising the moon" is one form of fraud, so is a pyramid scheme, and other forms of con / scam / fraud. By only acknowledging ONE form (out of many) of fraud as scam, the author is basically using bad logic to prove his case.



In other words, the author claims that because chicken is a bird, and chicken doesn't fly, therefore birds don't fly. Replace chicken with "scam", "fly" with "promising the moon", and "bird" with "TVI Express", and you get:

Because scam is "promising the moon", and TVI Express is NOT "promising the moon", TVI Express therefore is NOT scam.

See the logic problem? False equivalence is used as his argument. Thus, his entire hypothesis just collapsed. What he hopes to prove cannot be proven with what he cited.

We already knew that in an 8-ball model of Pyramid Scheme, 1 out of 15 will get paid. As TVI Express has TWO of these matrices, or boards, or whatever they're called, the payout ratio is 1 out of 15*15, or 1 out of 225. That's 0.4%.

So out of the 600,000 alleged members, only 2667 people who cashed out the mythical $10000. The actual number is probably less. So people CAN get paid from a pyramid scheme. That in no way can prove it is operating legitimately. "If it pays, it must be legit" is a falsehood.

Another bogus claim debunked. 


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