News

Onecoin Scam Exposed By Blockchain Expert

The warnings about the Onecoin scam continue to roll in. The Federal Financial Supervisory Authority, better known by its abbreviation BaFin, has frozen bank accounts that were used to transfer money out of Germany for the Onecoin scam. BaFin is the financial regulatory authority for Germany. Now a blockchain expert is stepping up and exposing the Onecoin scam.
Continue Reading
Scams To Avoid

Found A Really Good Deal On eBay Or Craigslist? It Might Be A Scam!

Buying and selling on eBay or Craigslist can be great, but it can also be quite risky. If you're planning to purchase something more expensive, you need to know how to spot scammers and avoid losing your money. Here are some of the most common Craigslist and eBay scams and tips to help you steer clear of them.
Continue Reading
Scams To Avoid

Atlantic Global Asset Management Scam? Yes It Is In My Opinion!

A Ponzi scheme is an investment fraud that involves the payment of returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors to create the false appearance that investors are profiting from a legitimate business. Ponzi schemes like to use uncommon or hidden investments to keep you in the dark about what is actually happening. My subscribers have requested I take a look into Atlantic Global Asset Management. Here is what I have found.
Continue Reading
News

UFUN Scammers Sentenced To Over 12,000 Years In Jail

UFUN representatives did not mention their products in their sales pitches. Instead, they urged people to expand their teams by offering high-value items such as cars or gold bars. That way, the money made mainly came from new members rather than selling products. In other words, UFUN was a pyramid scheme. Now they are paying the price.
Continue Reading
Scams To Avoid

QNET Scam? Yes It Is In My Opinion!

Many business opportunities are just a chain where a person is fooled and then that person is trained to fool others to earn money. Once a person has been fooled and they buy into the scam there is no turning back until they have lost most of their money. My subscribers have requested I take a look at the QNET business opportunity. Here is what I have found.
Continue Reading
Scams To Avoid

Coinspace Scam? Yes It Is In My Opinion!

Unregulated digital currencies are the perfect foundation to build a Ponzi scheme on. New confusing ways to store money are a great way to bilk new investors that want to cash in on the next Bitcoin. With the recent raid of UFUN and the shutdown of GemCoin as highlights, digital currencies have become a common component of online scams. My subscribers have requested I take a look into Coinspace. Here is what I have found.
Continue Reading
News

SEC Obtains Final Judgement Against The Wings Network Scam

I have reported on the the Wings Network scam in the past. The Wings Network was promoted to people all around the world including the United States. The Wings Network was a multi-level marketing program that was advertised online, and was being sold door-to-door or through friends and relatives.
Continue Reading
Show Buttons
Hide Buttons