Gold Revelation

Contradicting all previous claims that GoldQuest products are priced at several times their real gold value because of a supposed ‘numismatic’ value, the company has revealed to the Court of Appeal that its products are over priced because it has membership maintenance fees incorporated into the sale price. Contradicting all previous claims that GoldQuest products are priced at several times their real gold value because of a supposed ‘numismatic’ value, the company has revealed to the Court of Appeal that its products are over priced because it has membership maintenance fees incorporated into the sale price. Pricing membership fees into a product is a characteristic of Product Based Pyramids (PPS).

Unlike old-style voucher based pyramids, where only membership fees are charged, in complex pyramid scams, also known as referral frauds, the membership fees are built into an overpriced product.

The revelation is contained in a covering letter accompanying customer details, after the Court of Appeal of Sri Lanka, ordered GoldQuest to supply the actual transaction values in an on-going under-valuation case.

“Please note that the sales price contained in the web-site consists not only of the product cost but also the administration and membership maintenance fees. Therefore the receipt for the product is