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                    [Title] => The curse of the pyramids
                    [Summary] => Why seemingly educated Filipinos entrust their hard-earned money to pyramid schemes is a phenomenon that could only be the result of some innate character weakness collaborated on by changing societal values and the current overall economic malaise.


Never since the late 70s when Agrix Marketing, Inc., the first recorded pyramiding case in the Philippines, duped thousands of too-trusting fishermen, farmers, rural teachers and pensioners has there been a resurgence as far-reaching as today’s. 


                    [DatePublished] => 2003-03-28 00:00:00
                    [ColumnID] => 133715
                    [Focus] => 0
                    [AuthorID] => 1805279
                    [AuthorName] => Rey Gamboa
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AFTER ROSE BALADJAY

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                    [Title] => The curse of the pyramids
                    [Summary] => Why seemingly educated Filipinos entrust their hard-earned money to pyramid schemes is a phenomenon that could only be the result of some innate character weakness collaborated on by changing societal values and the current overall economic malaise.


Never since the late 70s when Agrix Marketing, Inc., the first recorded pyramiding case in the Philippines, duped thousands of too-trusting fishermen, farmers, rural teachers and pensioners has there been a resurgence as far-reaching as today’s. 


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abtest

The curse of the pyramids

By Rey Gamboa | March 28, 2003 - 12:00am

Why seemingly educated Filipinos entrust their hard-earned money to pyramid schemes is a phenomenon that could only be the result of some innate character weakness collaborated on by changing societal values and...

Business