Download GIF - Animated Aeroplane GIF Image High Quality
The airplane game, also known as the Plane Game, was a style of pyramid scheme in the 1980s first active in North America and then in Western Europe. The common version of the system involved joining an 'airplane' by paying a 'pilot' to become one of eight 'passengers'. Passengers started at the fourth step from being paid. Already on the airplane were four 'flight attendants' who were a step ahead, and two 'co-pilots' next in line behind the pilot. Once a pilot collected $12, 000 from passengers to retire, the group split into two 'airplanes', with each co-pilot becoming the pilot of the new airplane, taking half the participants and promoting everyone a level. Bringing in new passengers sped up everyone's progression towards retiring as a pilot. However, the structure of the scheme results in a participant losing the entire payment unless 14 new participants join. The scheme had spread from New York to Texas to California then South Florida by early 1987, with police raiding meetings in all four states, and reports of more airplane schemes operating in Dallas. In Dade County, Florida, at least one recruiting session was reported with 1, 000 attendees. Though common versions at the time required passengers to pay $1, 500 to receive $12, 000 as a pilot, some airplanes were being run with $5, 000 passengers and a $40, 000 pilot payout. The scheme has also gone by the names Concorde and Golden Galaxy with similar names for the steps. Cash Club, Victoria operated in the same way but with different amounts and the steps renamed to 'club member', 'committee member', 'vice-president', and 'president'.
This GIF Bitmap Image Animated Aeroplane GIF Image High Quality is a part of Airplanes Category in Vehicles Folder. Animated Aeroplane GIF Image High Quality has a Resolution of 160x80 Pixels. Animated Aeroplane GIF Image High Quality is of .gif (Graphics Interchange Format) Format. It's Size is 4.4KB. This GIF has been Downloaded 50 times till now. Animated Aeroplane GIF Image High Quality was Added on 11-08-2021. Download Animated Aeroplane GIF Image High Quality by clicking the button below:
Image Name: Animated Aeroplane GIF Image High Quality
Image Category: Vehicles / Airplanes
Date Added: 11-08-2021
Resolution: 160x80
Format: GIF
Downloads: 50
Views: 108
Size: 4.4KB