In this video I will be breaking down The Blessing Loom Scheme | Cash App pyramid Scheme. Everything will be explained! This is an illegal scheme. It has no products or services, only generating money when someone is recruited (hallmark of a pyramid scheme)
Generally schemes that target people through social media are very effective, especially when you know the person who is trying to recruit you. People tend to drop their guard.
This scheme is Shrouded in secrecy (they don’t want you to share it on social media and only talk to people about it if you’re recruiting them.)
Look out for people who haven’t spoken to you in ages coming out of nowhere with investment opportunities.
#BlessingLoom #CashApppyramidscheme #BudgetCreator
Some people may say that it is not a scam because people do get money from it. The reality is that only a few persons benefit from this ponzi scheme while the majority lose all their money.
They also target religious groups because they know these people have a very tight knit community.
If something seems too good to be true, it normally is too good to be true!
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