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Written on: 28/08/2013

These people have developed an interesting business concept. They continue to sell what they call cruise miles which are supposed to be redeemable for cruises. They have sold millions and millions of miles. For a while they were able to redeem miles for under booked cruises and excess inventory but because they have sold so many miles and the miles have become so devalued they will soon be history. What happens to all the miles that have been sold ? You guessed it......worthless. Sounds like a Ponzi to me. If it sounds too good to be true. Well, you know the rest of the story. Oh, by the way, they continue to sell miles if you are interested. If you are I also have some swampland...........

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