A2-Wednesday, June ¥1, 1980 - FROM PAGE A1 and sends an additional $500 ticipants are then meant to immediately recoup their $1,000 by selling the idea to two friends, each of whom se 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 i ion he is near the top 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 get paid all over again. The problem for people further down the list is in finding cnough pcople 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 are running into other pyramids when approaching people to jom and the sumbecr of = participants required to keep the pyramid afloat quickly reaches the millions. NEVER ENDING Taken to its conclusion, never logical the scheme 1s ending and = would involve the cntire population of the world When pyramids collapse, the as they incvitably do, Hyerman: an apology In the North Shore News of May 28, under a pecture showing vetucies imvoived wn an accidcat four days carlicr, we published the following statemecats “Police allege that Jacquchnc 9 Heyrman., aged 17. of North Vancouver, ran a stop sign and Hcyrman was charged with disobcying a stop sign ~ Thesc statemecats were based on tnformation supplied to The News at the time by the police Subscqucatly, The News was notified by a lawyer for the Heyrman family that. ap to lune 3. oo charge had yet been laid agaiost Miss Heyrman and also that Miss leyrman being only 16 years of age ts a guvenile The News apologizes to Misa Heyrman comectly stating on May 28 that she charged and foor tn had teeeco Cavs in correctty giving ter age as i! North Shore News | 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 marned 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 their outlay is for people to sell the idea to frends, who become even more likely to lose. And the only way to make any profit ts to be in the scheme in its earliest stages. Each person joining ts deliberately given the im- pression that they have the opportunity to yon ito in its first stage Because of the amount of people being mpped off and the thousands of dollars 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 is duc to start everyone ts called to be told the has changed This as to try to shake off police who have obtained a search for the first premises location warrant id scheme has few wi 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 aré strategically an fe because the organizers had spotted a police officer in the audience. . West Vancouver Police became involved after receiving a tip from Van- couver that a pyramid meeting was to be held at the International Plaza Hotel, LISTS AND GRAPHS which are part of the sales pitch ased by organizers of the pyramid scheme are shown by Detective Brinn Schierer, vestigating the operation's involvement who has been in- im West Vancoaver. (Elsworth Dickson photo) located at cach of the ad- dresses and drive around the arcas looking for police officers At a recent mecting in Vancouver, perplexed would-be par- ictpants found themscives listening to a lecture about condominium = investments 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 May We be of service to YOU? 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