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Canadian Diamond Traders Reviews

 

Canadian Diamond Traders is a new get rich quick scheme being promoted across the internet that promises members a diamond and money upon reaching the end of their pyramid.

There are four levels to this pyramid that start with a person placing a deposit on a diamond.  At the first level they are a Diamond Miner after they recruit more members to join they move up to Diamond Cutter, then to Diamond Polisher, and then finally the big payoff at Diamond Collector.

After this cycle is complete members are persuaded to rejoin again starting from the beginning.  The Canadian Diamond Traders scheme has spread to many countries across the globe.

Most recently the Western Australian Department of Consumer and Employment Protection issued a statement in which they believe Canadian Diamond Traders to be a Pyramid Scheme Violating the Fair Trading Act.

They go on to say that they will fine those actively involved in recruiting and promoting this scheme.  Companies like Canadian Diamond Traders who focus primarily on recruiting new member and don't even distribute a tangible product fall under the pyramid scheme category and are illegal.

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Customer Responses, Reviews, or Complaints for 'Canadian Diamond Traders'

 

Average Rating is 4.25 out of 5 based on 4 reviews.

John   Toronto

1:10pm on September 1st, 2011 

You are very misinformed. There actually IS a tangible product and distributors are encouraged to market them. They are diamonds.

This IS an MLM program, but is NOT a pyramid by all legal definitions. Yes they do encourage referring activity, but real quality Diamonds are also bought and sold be distributors such as myself.
It's not a "get rich quick" scheme either. What it IS though is an affiliate business that can be very profitable IF YOU KNOW HOW TO MARKET ONLINE!!!!
It really pisses me off when people mouth off about things they obviously know nothing about!

Gerda   South Africa

5:33am on August 3rd, 2010 

Hi
We did extremely well, but with no effort from CDT. No contact, no communication from Karen or anybody else.
After 2yrs we closed a very busy office and everything fell apart.
Our People, now so desperate, try to get their money back for qualified positions and still no feed back.
Can you perhaps give us some communication line. we still want to be positive about CDT and want to start again...but ...please help!!!
Gerda


olga   ireland

7:30pm on June 26th, 2010 

I made big money with Canadian diamond traders in a very short time and my diamond i got as a result of my job is beautiful!

Asta   Chicago

2:51pm on June 10th, 2010 

It is not true canadian Diamond traders it is not a pyramid. I made realy good money in few months with this company.

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