Posts Tagged as "Ponzi Scheme"
August 13th, 2019 George H.
Recently, I have been alerted by my readers about an online program that offers the opportunity to earn money quickly and with no real work. It is the Swiss project Tycoon69. I must admit, the title of the website alone does not fill me with confidence. This company operates as an MLM structure, offering interested parties an opportunity to invest in various packages. My position, based on previous experience, is well known: MLM + investment = guaranteed scam. In other words - a Ponzi/pyramid scheme. But is that the case with Tycoon? You will find out in this review. Read more >>
July 25th, 2019 George H.
In this article, I have recalled my first online business, Zeekrewards, which I came across when I first became interested in making money online. This project offered easy earnings with hardly any work and the promise of significant rewards. It turned out to be a perfect scam - a Ponzi scheme. However, by the time it collapsed, the owner of Zeekrewards, Paul Burks, comfortably earned over $600 million. That is the sum mentioned by the SEC (the US Securities and Exchange Commission) which stormed their offices and froze a smaller amount of the total sum mentioned. Read more >>
July 14th, 2019 George H.
Have you invested your money in an online business that looked good at first, but you now doubt whether you have done the right thing? Or are you planning to invest in some online project, but may be worried about being scammed? Then you're at the right place. I would like to share my personal experience with you; it relates to one of the most frequently used forms of online fraud - the Ponzi scheme. This article details how this scheme works in practice from beginning to the end; how to detect it; and when it is best to withdraw money and walk away. Read more >>
July 2nd, 2019 George H.
Recently, I have received e-mail from my readers asking for the authentication of various companies that offer easy and effortless earnings through an investment capital appreciation system. The majority of inquiries from my readers are regarding the so-called HYIP programs. These typically require a financial investment for a period of time, after which you simply “reap your rewards.” I have outlined my experience with this type of business in this article. I also offer advice on what to be aware of, if you decide to invest in an HYIPs as well as several HYIP monitors. Read more >>
June 22nd, 2019 George H.
The Internet is making our life faster. These days, thanks to the Internet we are able to purchase goods from the other side of the world in a matter of minutes. We can also finalize a deal with a simple click or get to know someone, we would probably never have met otherwise. Also expanding are the opportunities and offers of making investments. These could potentially lead to a decent passive income. However, not every company is credible and as the number of offers rises, so does the risk of a scam. Of course, it’s useless to be afraid of something in advance. Read more >>
April 4th, 2019 George H.
Pyramid games (pyramid schemes) have many forms and sometimes it is difficult to recognize them. However, they all have one shared feature. They promise customers and investors huge profits based mostly on recruiting another members to the scheme, not based on real investments or real sale of products and services. Some schemes may support the sale of a product, but it is often just using the product to cover the pyramid scheme. There are two indications that the product is being used to cover a pyramid scheme: inventory purchase and low retail sales. Read more >>
September 29th, 2018 George H.
Recently, many questions are coming to my mailbox about online business called Webet4you / Backoffice4you. Most often you do ask me whether it is a serious project, how long it can work and whether it makes sense to invest in it. I've been betting for maybe 20 years, and I know a lot of betting strategies. One of those, which I got a lot from in the past, is also allegedly using by Webet4you. That's precisely why this online business got my attention, and why I decided to have a closer look and write a review about it. Read more >>
September 23rd, 2018 George H.
A transportation system that will allow the transport of people and goods on rails placed above our heads. Safe, friendly to nature, minimal operational cost of such a track, that is precisely what is expected from the Skyway project today by its author - Anatoly Yunitskiy. It promises investors a long-term passive income, which will also benefit the next generations from. Is that really true? Is the revolutionary business finally here, or is it just another scam for people? I hope you will get answers to all your questions in this review. Read more >>
August 27th, 2018 George H.
Every one of us has already heard about the so-called miraculous online companies that promise to earn a lot of money by doing nothing. Invest, buy funds, pay a membership fee, and money comes in so quickly. In certain exceptions, this may be the case, but does it work this ideally with BeReal Estate's investment business as well?I've decided to write a review for this online business because, although it was registered recently, in August 2016, it has recently begun to gain enormous popularity. Read more >>