- Joined
- Aug 10, 2006
- Messages
- 11,162
- Reaction score
- 1
Ok My deaf brother who involved CDT and about fraud My brother was so upset and contact with person who involved then got e.Mail back to him and its not fraud and so though share e.Mail all of you
Here
Hello Everybody,
Please Calm Down and not going crazy based on what other deaf people or deaf community said about calling CDT illegal. We need to get the TRUTH and FACT together then we all can go from it. Obviously, we all need to solve this matter and become stronger team to prove our points about CDT. We all have to remember that A LOT of LEGAL Businesses are run by Downline and Matrix as long they comply the laws. Please read below with all details to understand about CDT being LEGAL.
First Part:
Maryland Attorney General - News Release
Maryland Attorney General - Securities Division
I have read the above links about Maryland Attorney General Release. It NEVER SAID Canadian Diamond Traders, Inc. as ILLEGAL. Obviously somebody misunderstood this News Release. That Maryland News Release is based on Education on how we can identify on any business being pyramid. Mostly Attorney General in US is similar to US's education about pyramid just like what Maryland AG's education stated.
Unfortunately many do not understand the warnings explained by the government... The government did not give you all the details of what illegitimate and legitimate activities. Even there is no mentioning of Canadian Diamond Traders, Inc. in the News Release.
CDT is an legitimate organization, complying all the international business laws and incorporated by the Canadian government. CDT sponsors all of us as independent diamond traders, selling diamonds... CDT takes care of all paperwork, payments and shipping of diamonds. They all are prefect legal.
We are asking you to be more careful with what kind of information you get... what type of information... Is it a personal message or official letter or release? If you DO NOT SEE any NAME of Canadian Diamond Traders, Inc in the government release, there is nothing to worry about. If you SEE the NAME of Canadian Diamond Traders, Inc. in the government letter, not personal message or letter, then we would worry about and find out what would go wrong.
Please, please, please be more careful with differences between the personal letters and government information (depending on what it is about) and if any names of company mentioned.
First of all:
We are earning by selling diamonds as products. We are not earning by recruiting members...
Making money by recruiting members is illegal... Making money by selling a product is legal
That was what the Maryland government is talking about...
Second of all:
CDT admin is in contact with Maryland Attorney General to confirm. We would hear from them sometimes soon hopefully for updates.
Second Part:
http://www.oag.state.md.us/Securities/PyramidBrochure.pdf
Third of all:
In this article, Pyramid Brochure has covered some important points that prove CDT is not a pyramid.
1) "Pyramid schemes -- mock businesses that earn money primarily from
recruiting members and charging them fees rather than by selling
products"
This is true about pyramids, but CDT does not charge any fees. $20 is for a replicated site for 1 year and $100 or $500 is for the deposit of a real certified and appraised diamond, which is appraised by the largest accredited Gem Lab in Canada. Or $300 or $1000 for a diamond plus a replicator included for free!
2) Some pyramid schemes offer a product or service to disguise their
true nature. The product or service may be overpriced or have a questionable value, like exotic vitamins, health tonics and gemstones of uncertain origins
The above is also true about pyramids but at CDT the diamonds are more like half price instead of overpriced, the value has been determined by an ISO registered Gem Lab, and the any lab can confirm the authenticity of these diamonds.
Therefore CDT does not fit the above pyramid description.
Sincerely,
CDT Admin
416.742.2280 - 222 (t)
416.742.0557 (f)
Fourth of all:
The Product
CDT's diamonds are more like half price instead of overpriced, the value has been determined by an ISO registered Gem Laboratory, and any laboratory can confirm the authenticity and value of the diamonds.
The Sale
Our company meetings will prove that we do not employ hard sell tactics. In fact, our Diamond Traders often comment that the company atmosphere is relaxed unlike any marketing they have seen before. Our saying at CDT is "Join Now or Join Later!" No pressure is required; the fairness and success of the program sells itself.
New Traders
New Diamond Traders pay $20 fee for a dynamic replicated website for ONE YEAR. This is significantly less than the market price.
Diamond Traders are not required to purchase large amounts of inventory, and to date there has been NO Diamond Traders that have purchased large amounts inventory. There is no monthly requirement or minimum purchase required to maintain your accounts with CDT.
Public
Our client list consists of new and old diamond traders, wholesalers, jewelers and the general public. It's no secret; diamonds are highly regarded and sought after by people all over the world.
Advertising
The company does not advertise in the Classifieds for New Diamond Traders, especially as a job. Our method of advertising has been successful through established News Radio Stations.
Approval
CDT has never and will never represent our program as approved to any government agency. Unfortunately, some people misrepresent that since our corporations documents are notarized and filed with the Ontario's Management Board of Cabinet, they believe our business is approved. As far as our knowledge goes, there is no such thing as a government agency approving a business plan; governments set forth the laws and we stay within those guidelines.
Refund Policy
The terms and conditions of our Refund Policy are very simple to understand:
As per the Diamond Deposit Agreement "Diamond Deposits are irrevocable and not redeemable in cash. A deposit amount may only be redeemed in diamonds".
Refund Policy/Exchange Policy
All products and services sold by CDT will be deemed a final sale. Products and services sold by CDT are non-refundable and non-negotiable. Exchange may be granted at the discretion of CDT. Appraisal and restocking fees may apply.
Money Back Guarantee
Diamond Traders whom have paid the deposit and have qualified with two sales within one year (12 months) and if by the second year (24 months) the Diamond Trader has not completed the Diamond Trading Program cycle due to unforeseen circumstances, CDT will refund the Diamond Traders deposit in full.
Compensation Plan
Our compensation plan is simple to understand; successfully market our diamonds and earn a $3500 marketing fee.
Residual Income
CDT's Diamond Trading Program does not allow residual income. Our plan simply offers a one time payment for successfully marketing.
Luxury
What good are diamonds that no one can see! On a global scale, our Diamond Traders request to show proof of their success; testimonials are welcomed.
I hope every one of you got the understanding what above meanings are all about. Please pass those information to your downline and anybody to understand about Pyramid which is why CDT is LEGAL based on the information above being provided. Please pass those information down to your downline and people even deaf community. Thank you.
Michael Palm
Here
Hello Everybody,
Please Calm Down and not going crazy based on what other deaf people or deaf community said about calling CDT illegal. We need to get the TRUTH and FACT together then we all can go from it. Obviously, we all need to solve this matter and become stronger team to prove our points about CDT. We all have to remember that A LOT of LEGAL Businesses are run by Downline and Matrix as long they comply the laws. Please read below with all details to understand about CDT being LEGAL.
First Part:
Maryland Attorney General - News Release
Maryland Attorney General - Securities Division
I have read the above links about Maryland Attorney General Release. It NEVER SAID Canadian Diamond Traders, Inc. as ILLEGAL. Obviously somebody misunderstood this News Release. That Maryland News Release is based on Education on how we can identify on any business being pyramid. Mostly Attorney General in US is similar to US's education about pyramid just like what Maryland AG's education stated.
Unfortunately many do not understand the warnings explained by the government... The government did not give you all the details of what illegitimate and legitimate activities. Even there is no mentioning of Canadian Diamond Traders, Inc. in the News Release.
CDT is an legitimate organization, complying all the international business laws and incorporated by the Canadian government. CDT sponsors all of us as independent diamond traders, selling diamonds... CDT takes care of all paperwork, payments and shipping of diamonds. They all are prefect legal.
We are asking you to be more careful with what kind of information you get... what type of information... Is it a personal message or official letter or release? If you DO NOT SEE any NAME of Canadian Diamond Traders, Inc in the government release, there is nothing to worry about. If you SEE the NAME of Canadian Diamond Traders, Inc. in the government letter, not personal message or letter, then we would worry about and find out what would go wrong.
Please, please, please be more careful with differences between the personal letters and government information (depending on what it is about) and if any names of company mentioned.
First of all:
We are earning by selling diamonds as products. We are not earning by recruiting members...
Making money by recruiting members is illegal... Making money by selling a product is legal
That was what the Maryland government is talking about...
Second of all:
CDT admin is in contact with Maryland Attorney General to confirm. We would hear from them sometimes soon hopefully for updates.
Second Part:
http://www.oag.state.md.us/Securities/PyramidBrochure.pdf
Third of all:
In this article, Pyramid Brochure has covered some important points that prove CDT is not a pyramid.
1) "Pyramid schemes -- mock businesses that earn money primarily from
recruiting members and charging them fees rather than by selling
products"
This is true about pyramids, but CDT does not charge any fees. $20 is for a replicated site for 1 year and $100 or $500 is for the deposit of a real certified and appraised diamond, which is appraised by the largest accredited Gem Lab in Canada. Or $300 or $1000 for a diamond plus a replicator included for free!
2) Some pyramid schemes offer a product or service to disguise their
true nature. The product or service may be overpriced or have a questionable value, like exotic vitamins, health tonics and gemstones of uncertain origins
The above is also true about pyramids but at CDT the diamonds are more like half price instead of overpriced, the value has been determined by an ISO registered Gem Lab, and the any lab can confirm the authenticity of these diamonds.
Therefore CDT does not fit the above pyramid description.
Sincerely,
CDT Admin
416.742.2280 - 222 (t)
416.742.0557 (f)
Fourth of all:
The Product
CDT's diamonds are more like half price instead of overpriced, the value has been determined by an ISO registered Gem Laboratory, and any laboratory can confirm the authenticity and value of the diamonds.
The Sale
Our company meetings will prove that we do not employ hard sell tactics. In fact, our Diamond Traders often comment that the company atmosphere is relaxed unlike any marketing they have seen before. Our saying at CDT is "Join Now or Join Later!" No pressure is required; the fairness and success of the program sells itself.
New Traders
New Diamond Traders pay $20 fee for a dynamic replicated website for ONE YEAR. This is significantly less than the market price.
Diamond Traders are not required to purchase large amounts of inventory, and to date there has been NO Diamond Traders that have purchased large amounts inventory. There is no monthly requirement or minimum purchase required to maintain your accounts with CDT.
Public
Our client list consists of new and old diamond traders, wholesalers, jewelers and the general public. It's no secret; diamonds are highly regarded and sought after by people all over the world.
Advertising
The company does not advertise in the Classifieds for New Diamond Traders, especially as a job. Our method of advertising has been successful through established News Radio Stations.
Approval
CDT has never and will never represent our program as approved to any government agency. Unfortunately, some people misrepresent that since our corporations documents are notarized and filed with the Ontario's Management Board of Cabinet, they believe our business is approved. As far as our knowledge goes, there is no such thing as a government agency approving a business plan; governments set forth the laws and we stay within those guidelines.
Refund Policy
The terms and conditions of our Refund Policy are very simple to understand:
As per the Diamond Deposit Agreement "Diamond Deposits are irrevocable and not redeemable in cash. A deposit amount may only be redeemed in diamonds".
Refund Policy/Exchange Policy
All products and services sold by CDT will be deemed a final sale. Products and services sold by CDT are non-refundable and non-negotiable. Exchange may be granted at the discretion of CDT. Appraisal and restocking fees may apply.
Money Back Guarantee
Diamond Traders whom have paid the deposit and have qualified with two sales within one year (12 months) and if by the second year (24 months) the Diamond Trader has not completed the Diamond Trading Program cycle due to unforeseen circumstances, CDT will refund the Diamond Traders deposit in full.
Compensation Plan
Our compensation plan is simple to understand; successfully market our diamonds and earn a $3500 marketing fee.
Residual Income
CDT's Diamond Trading Program does not allow residual income. Our plan simply offers a one time payment for successfully marketing.
Luxury
What good are diamonds that no one can see! On a global scale, our Diamond Traders request to show proof of their success; testimonials are welcomed.
I hope every one of you got the understanding what above meanings are all about. Please pass those information to your downline and anybody to understand about Pyramid which is why CDT is LEGAL based on the information above being provided. Please pass those information down to your downline and people even deaf community. Thank you.
Michael Palm