Football Index collapse
Sir Woke XR Re… 26 Sep 21 10:36
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Anyone read the Sheehan Report? What a mess.

Yeah it was taking advantage of people who were interested in football but not interested enough to find out how it made money.

At one point the company would buy back 'shares' at a very slight discount. But the pyramid kept going up and up.

So I invested 5k. After about a month it was 'worth' 7k but the company bought all my 'shares' for 6kish. I won a couple of daily payouts as well. 

There is absolutely no way anyone who understands business thought it would work.