Once again I feel bad submitting a post which has nothing to do with cycling, but the information I have should be publicized in as many places as possible. Our family and friends have been approached by several “sales people”, inviting us to meetings in Steinbach , where we can be given the opportunity to earn huge amounts of money. I was quite suspicious and after questioning one of the inviters, believed very strongly that it was a “Ponzi” investment scheme. My wife’s family was seriously burned by one of these schemes about 15 years ago, so I wrote a letter to the editor of The Carillon with a warning about a possible scam. Today, I found out some more information about this Steinbach scheme and it definitely is a scam. The company is called BIM—-“Business In Motion”. CBC –“Marketplace” did a piece on them in February, where they sent an “undercover” financial expert to one of their meetings, and his very clear explanation of this crooked business is on their website. You can also put “BIM scam” into a search engine and get lots of information including the CBC investigation. There is a very prominent real estate agent in Steinbach (who shall remain unnamed) who is in charge of this scam locally.
I would be interested to know if anyone else who visits “Chatter” has been approached or knows of people who have been “sucked in”. The two people who invited us (on different occasions), claim they have actually made quite a bit of money, so must have recruited a large number of people “lower down on the pyramid.”