Canadian Diamond Traders

[mackie1]

CDT

Hi

In 'n piramiede skema is daar gewoonlik nie 'n produk nie. Dit is bloot 'n beleggings skema waar daar buitesporige divedende belowe word. Die geld wat in die skema belê word gaan gewoonlik na die persoon toe wat heel bo aan die piremiede is. Die aansluiting fooi word gebruik om die persoon wat bo is te vergoed. Sodra daar nie meer mense in koop in die skema nie sal dit plat val en almal wat laaste in gekoop het sal al hul geld verloor.
In 'n MLM skema moet jy mense kry wat onder jou aansluit. Jy verdien geld as die mense onder jou produkte koop of verkoop. As die mense onder jou niks doen nie kan jy nie geld verdien nie.
CDT is 'n unieke konsep. Al wat jy moet doen is om 'n 120 usd deposito te maak op jou eerste .25 karaat diamant. Jy moet dan slegs twee persone kry wat ook hulle 120 usd deposito's neersit op hul eie .25 karaat diamante. Jy verdien geld uit die verkope van diamnante wat plaas vind op 'n diamant tafel.

https://www.cdtforever.com/idt/mackie1

[Dave A]

Hi mackie and welcome to the debate. Thanks for taking the time to shed some light on this.

In 'n piramiede skema is daar gewoonlik nie 'n produk nie.

Unfortunately, the presence of product alone is not the only criteria, but it certainly is a good place to start. I watched the presentation and as usual the devil is in the fine print, which I could not find. So if you could clear up my understanding on the product side for starters.

There seems to be two entry levels - one a deposit of $120 and one for a deposit of $520.
On this deposit system, would I be right in saying you need to top up to the relevant full purchase price before actually receiving diamonds?

Then if I've got this right, for the "cheaper" entry level of $300, you do actually receive a diamond/diamonds to the value of at least $400 and for the $1000 entry level you do actually receive a diamond/diamonds to the value of $2000?

Let's ignore the fact that there is a significant difference between "retail" prices and actual market prices for the time being as that would just confuse the system analysis.

[Apie4]

CDT Presentations

Hi Dave,

You are spot on with the 2 entry deposits $120 for the Feeder program and $520 for DTP.

To answer your Question if you pay the full price of $300 or $1000 the Diamonds will be sent to you immediately. You can now use the Diamonds to help you market CDT. This option is also called the Feeder Plus or DPT plus program. If you go this route and you pay the full amount in the beginning you can actually choose the exact diamond or pendant you want with the value of $2000.

This is an awesome business and I have seen the people's lives change that receive money. In my office we have 6 directly in my team that have been paid R18000 in cash. Not bad!!!!!!!!

Live with Passion
Andre

https://www.cdtforever.com/idt/apie4

[Dave A]

Thanks Andre for clearing that up.

That moves us to the next question.

There are four levels:

• Miner
• Cutter
• Polisher
• Collector

Now it seems to move from Miner to Cutter you need to put 8 on your frontline (sell 8 immediately below you). Is that right?

[mackie1]

Canadian Diamond Traders

Hi there
On a diamond table there is 4 levels. There is 1 collector, 2 Polishers, 4 Cutters and 8 Miners.
The collector, polisher and cutter levels is always occupied. There is only positions available on the
miner level. When you enter the program you will land on the table as were your sponsor is on.
You will fill the first open position on the miner level. You only need to do two sale that’s all.
You can have as many positions as you can afford but the rule is that you must get two sales for
each position as soon s possible.
Any body on the table can get sales to fill up the miner positions.
It can happen that when you enter the table you can land on the last miner position and then
promotions will take place. You will the be promoted to a cutter position.

[Apie4]

Hi Dave,

Just to add on to what Vernon said. You are correct with the 4 levels, but not with the front line sales.

Like Vernon said there is 8 miner positions that need to be filled, anyone on the table can make the sales to fill those 8 positions not just you. This means 15 people making sales for the 8 positions. You can get promotions from Miner position to Cutter to a Polisher position with absolutely no sales but will then be stuck at the polisher position until you have made your 2 sales. The 2 sales is key in the sense that it is the requirement to become a collector. You can not be promoted to a collector position without 2 sales.

Hope this makes sense to you.
Live with Passion
Andre

https://www.cdtforever.com/idt/apie4

[Dave A]

OK. So bottom line is you need 2 on your frontline.

But now I really am confused about the next layer. Basically, there has to be a total of 4, but that could be split over your 2 legs 4-0, 3-1 or 2-2? Is that right?

[mackie1]

Canadian Diamond Traders

Hi there
When the last position on a miner level is filled up the table is now full. Promotions must now
take place. The eight miners will now get promoted to the cutters positions and the four cutter
positions will be promoted to polishers and the two polishers will be promoted to collectors.
Because there are only four cutters, two polishers and one collector on a table, two tables are
created by the system. Four off the miners will go to the four cutter positions on a table no one
and four miners will go to cutters on a table no two. So will two cutters go to table no one as
polishers and the other two cutters will go to table no two as polishers. The one polisher will go
as a collector on a table no one and the other polisher will go to the collector position on a table
no two. The collector on the table will be then had collected his money and his valuable
diamond. Because of the revolving and follow the leaders’ system he will be entered as a miner
on a table where his sponsor is. After all the promotions had taken place, the table will then fall
away.
The program works like this:
You enter the Feeder table by paying 120usd to a deposit for your first .25 carat diamonds. When
you exit the table as a collector 32 sales had take place on the table and you have earned 800usd
as commission out of the sales of diamonds on the table. 300usd will now be taken to pay off
your .25 carat diamonds and it will be sent to you via FedEx and 500usd will then be used as a
deposit on a .5 carat diamond and you will the be entered on the main table as a miner where
you will then after 32 sales had taken place earned 4000usd and a .5 carat diamond. 1000usd
goes to pay the outstanding balance on the .5 carat diamonds and it will be FedEx to you. 500usd
will the be used to pay your deposit on to your next .5 carat diamonds and you will then enter a
main table as a miner again. 2500usd will the be paid into a CDT debit card that will with your
diamonds be FedEx to you. It is Maestro debit card that can be used world wide. You can
withdraw money at any ATM or buy goods at any merchants where the maestro sign is display

Vernon

https://www.cdtforever.com/idt/mackie1

[Dave A]

The real question is whether it is a strict binary system. What happens to a guy if he puts two on his front line and one leg does not grow?

[Apie4]

Hi Dave,

No this is not a strict binary system, The 2 sales is purely the criteria you need to advance from polisher position through to the collector position. You can not become a collector if you do not have 2 sales.

You can yourself make the 2 sales to yourself,

Dave the 1st sale for Dave is Dave 1, The 2nd sale for Dave is Dave 2.
This means that Dave will go through the system and Cycle as a collector. Dave 1 and Dave 2 will only advance to polisher lever and will then stay there until they have 2 sales.

Now, Dave is a overachiever and makes extra sales(meaning more than 2) Dave now has a choice, he can give this sale to someone in his downline that does not hat 2 sales yet or he can put this sale on his frontline.

The advantage of giving your sales to your downline is that this is a show and tell business and not a hide and seek, meaning I want my downline to cycle as quick as possible so that they can receive there Diamonds and show the people what the product look like.

It makes a massive difference if you get to a group of prospects and you show them the Diamond and bank statement.

Hope this is clear enough

Live with Passion
Andre

https://www.cdtforever.com/idt/apie4

[Dave A]

Thanks Andre. That really does help clear things up.

Having looked at this quite closely now, it seems there are a few differences between this and classic MLM. Of all the differences, the big one is that there is only one "pay point" - once you cycle out at the collector rank.

I'm going to move this thread to the MLM area anyway. Although everyone might not make money out of this (like so much in this world), I don't think it can be classified as a scam unless the value of diamonds is totally out of kilter with what you are paying. And so far no-one has suggested this as a problem.

[riaanenmichelle]

Candian Diamond traders

First time for me.Great forum. The CDT has popped up here in White River.With weekly meetings to try and get recruits. Thanks to some searching I found you guys. The scary thing is that even in the presentation( a very poor one) they tell potential members to ignore Google becauase people are just jealous! You pay R4800 to start with the promise to make R17500 and a diamond valued at about R19000. Thats is before that tax that YOU have to declare and pay. Then you must wait and see if you do get a diomond. There are allot of questions and grey areas that the presenter just shrug of and say: "well no bank can give you this return!"I am a comitted Christian and it scares me to see how many Christians and even our Pastor get sucked into this. Is there no way of exposing it for a pyramid scheme. Yes is makes money but for every 10 people making money 310 is stuck in a Pyramid! Th question is not whether it works or not, the question is whether it is inline with our Laws. Who pays the poor suckers that come in last and cant cyle out?What about Amway? Surely thats the same type of thing. What can be done about this?

[Dave A]

You definitely can't compare this to Amway or many, many other MLM systems. It is significantly different in many ways. If you look at it closely, it is essentially a deferred payment plan.

[The truth]

Canadian Diamond Traders - Pyramid Scheme

Canadian Diamond Traders

1. GREED!

2. Went to their Website. Go to directors NO DIRECTORS and no photo’s of building? http://www.cdtforever.com/eclipse/cd...ex.html?refer=

3. They were very big in Australia. For more than 4 years there. Their website doesn’t work anymore.

http://ditraders.net/

Australia government

http://www.docep.wa.gov.au/consumerprotection/ScamNet/Scams/Canadian_Diamond_Tra.html

http://www.docep.wa.gov.au/Corporate/Media/statements/2006/September/Diamond_pyramid_sche.html

http://www.parliament.nsw.gov.au/prod/PARLMENT/hansArt.nsf/V3Key/LA20060921018

4. More evidence

Treasure Traders International (Refer to legal document)

http://www.canada.com/globaltv/calgary/consumerbeat/story.html?id=962b2b5e-5881-4d0a-a5d7-d845b9dbacb4

Crime busters Now

http://www.factnet.org/discus/messages/1/18176.html

Blog’s

http://mishkazena.wordpress.com/2006/11/17/canadian-diamonds-trader-a-pyramid/

http://danielgreene.com/2007/10/02/canadian-diamond-traders-wants-to-silence-me/

5. Skybiz pyramid scheme alot of South Africans involved (96% lost their money)

http://www.ftc.gov/opa/2003/03/skybiz.shtm

[armiuxz]

I don't think this is scam because a lot of people from my country work for this company and everyone get thier pay-outs.Why you should think this is scam if it brings you a lot of money?