i a FROM PAGE A1 and sends an additional $500 to the name on top. Par- ticipants are then meant to immediately recoup their $1,000 by selling the idea to two friends, cach of whom sell it to a further two ' people, and so on. The difference between this and other similar schemes is that the pyramid is limited to 32 names. There are two purposes behind this. The first was to attempt to get over U.S. laws which state that endless pyramids are illegal. The second is to give the person handing over the money the im ion he is near the top of the List and has a genuine chance of receiving a high cash return. However, the name at the top of each pyramid is one of the people running the scheme and once they have received their money from people further down the list they start new pyramids and gct paid all over again. The problem for people further down the list 1s in finding cnough people to carry on the pyramid because of the size it grows to through its principle of squaring the number of participants. Participants soon find that they arc running into other pyramids when approaching people to joi and the number of participants required to keep the pyramid afloat = quickly reaches the millions. NEVER ENDING Taken to its logical conclusion, the scheme ts never cnding and would involve the catire population of the world When pyrannds collapse, as they incvitably do, the Hyerman: an apology In the North Shore News of May 28, undcr a picture showing vchicics involved in an accident four days carhcr, we published the following statements. “Police allcge that Jacquclinc Heyrman, aged 17, of North Vancouver, ran a stop sign and Heyrman was charged with disobcying a stop sign ~ These statements were bascd oon tnformation supphed to The News at the Gime by the police Subscqueotly. The News was notified by a lawycr for the Heyman family. that. up to Junc 3. oo charge bad yet been laid against Miss Heynnan and ain) thot Miss ticyrman being only 16 years of age ts 4 puveniic The News apologizes to Mass correctly stating on May Heyrman for in 28 that she had been charged and tor in correctly giving ber age ant? A2-Wedisésday, Fume 11, 1980 - North Shore News» 1id scheme has few loss falls to the people at the bottom supporting the weight of the entire pyramid, having paid the people at the top, each loser having been convinced they had a genuine chance of being paid because the pyramid numbers were restricted to 32. The idea appeals to a wide cross section of people. A police spokesman said meetings held to promote the idea are attended by everyone from 50-year-old married couples to 18-year- old punks. Most people are unaware that the scheme is illegal but it is against the law even to participate in such an operation. |. RCMP were uncertain at News press time whether the other people found in the North Van house might also. be arrested. FRIENDS LOSE The only way to recoup they outlay 1s for people to sell the idea to fnends, who become even more likely to lose. And the only way to make any profit is to be in the scheme in tts earliest slages. Each person joining is deliberately given the im- pression that they have the Opportunity to join 1 in its first stage Because of the amount of people being mpped off and the thousands of doflars being handed over, the organizers are going to great trouble to shake off police from attending the mectings. The pattern has been for a meeting to be arranged and then an hour before it ts duc to start everyone is called to be told the location has changed =This as to try to shake off police who have obtained o search warrant for Uhe first premises Even when people arrive at the new address they are told the meeting has been switched to an address a few blocks away. GREAT CARE Spotters are strategically af: LISTS AND GRAPHS which are part of the sales pltch because the organizers had spotted a police officer im the audience. . West Vancouver Police became involved after receiving a tip from Van- couver thal a pyramid miceting was to be held at the International Plaza Hotel, used by organizers of the pyramid scheme are shown by Detective Brian Schierer, vestigating the operation's tavolvemcnt who has been in- im West Vancouver. (Elsworth Dickson photo) located at cach of the ad- dresses and drive around the arcas looking for police officers. Ata recent meeting in Vancouver, perpicacd would be par. ticipants found themsclves listening to a lecture about condominium = investmcats pyramid a complete showroom. We manufacture our own marble bathroom fixtures. We represent the finest suppliers of cabinets, shower doors, taps, tubs, toilets, floor and wall coverings. We can sell you the products or We can install them. We can renovate the whole room. 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