"He who marches out of step hears another drum." ~ Ken Kesey
You may or may not remember posts I made about these clowns and the scheme that people bought into.To this day I hold some of the old forum members who participated as partly responsible for the fraud because that's exactly how ponzis and pyramids work.Remember, if it sounds too good to be true, it probably is.For those who are unfamiliar with this scam, it involved shirts at substantial discounts, but with a significant lag in delivery time. Many bought just a few hundred and then posted how it worked just fine. The more folks who bought in and actually got product, the more folks were intrigued and trusting, until they made a really large purchase and were left holding the bag.The same people used to post on a financial investing forum with another scheme that promised to double one's money so fast that a mere $10,000 would become $1,000,000 in less than a year. Even during the booming Clinton years, that just wasn't going to happen.Now, some would have called my warnings "Cyber Bullying" lol!
Ya, this was during my infant years in the industry and even I new to stay far away from it. There prices were to unbelievable and you new something had to be up. I like how he makes a movie about it and makes himself look like a victim. I remember people saying my shirts showed up but the arrived in Broder Boxes.
Quote from: jesterapparel on April 03, 2012, 11:35:02 AMYa, this was during my infant years in the industry and even I new to stay far away from it. There prices were to unbelievable and you new something had to be up. I like how he makes a movie about it and makes himself look like a victim. I remember people saying my shirts showed up but the arrived in Broder Boxes.I'm sure that it was run as a Ponzi, in which he bought shirts with "client" money, and delivered (at a loss) to establish a reputation. Folks first stuck their toes in to check the temperature, but as reports of "delivered as promised" came in, many started diving head first.I found it disheartening that besides the investment scam I mentioned, he also picked this industry as especially gullible (and greedy) for another.
When something looks too good to be true....it usually is. [/b]It just had that "smell" to it.