Why I Am A Scam Buster
Many people are interested in my motivation for creating videos on scams. In the above video I give you my reasons for being a Scam Buster. I am not a stock short seller. My business background is in small business and internet startups. I have started and run three small technology companies. I don’t claim to be an expert. I share my opinion and the facts that support my opinion. I hope it is valuable to you.
We live in a world where the business opportunity marketplace is filled with scams. We live in a world where the business opportunity marketplace is becoming the only option for many people. This is the exact reason why I am doing what I am doing. Information is the only defense against scam artists. I am going to provide that information so that they will become less effective.
Also, I do this because scams hurt people.
The ads you see on this site allow me to do extensive research into these companies and share all of this information for free with you. I do not review each ad that appears. The ad providers choose ads that they feel are relevant to you and may not reflect a product or service that I would recommend.
Hi Ethan
You have previously added coin space as a scam I unfortunately brought into it under pressure they have said that the launch was to be on 25 th November 2017 which has come and gone to no surprise by me I have been told 3members are in Malta right now taking coin space to court in Malta over not releasing their money I don’t believe this personally are you aware of any of these things being true or where I could search to find answers keep up the great work mate
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I am sorry you lost money to coinspace. I am afraid there is no way to get your money back at this point.
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jason fredwick pienaar is a fraud who takes your money and pretends to be a mortgage broker and a lawer and all he is, is a heartless fraudster and scams you if anyone knows of he’s where abouts let me know
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I have a friend that is seriously losing money in this ponzi scheme. Maybe people will Google them and end up here….
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Actually the company I was referring to is called Pienaar Ltd. They operate a gold trading platform, and are registered in London and run by one Jason Pienaar and Shawn Birch. I would appreciate it if would investigate this company.
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I will add them to my list to look into.
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any luck tracking these guys down?
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Nothing yet.
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Any luck yet? I heard they are still trying the scam with their new contracts.
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Hello Ethan,
I came across your website today and I want to thank you for reporting on scams I’ve booked marked your site for future reference. I read your most recent post above and I understand you only report on scams. Being that you have extensive knowledge in the field of scams, I am sure you can recommend a website(s) that have legitimate business opportunities to join. Please let me know via email if you can’t make public comments here on your thread.
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Thank you for your comment. I don’t make public or private recommendations for websites that offer business opportunities. Here is a link to my only recommendations: https://ethanvanderbuilt.com/2016/09/26/10-legitimate-ways-to-make-money-online/
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Do you also tell us about the good companies where we can make money, or just the scams?
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I only report on scams. If you are looking for recommendations on what business opportunities to join, my website is not the right place. There are countless other websites that will gladly provide you with recommendations.
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Hello Ethan. Please comment on Lifestyle Galaxy /Skill Dragon bitcoin/crypto currency mining scheme. Scam or not?
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Skill Dragon is a well known scam. Multiple scam busters have reported on them. Avoid them.
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Hi David, what did you end up doing with Lifestyle Galaxy? Charlie
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Hi Ethan,
many thanks for your work.
I got in touch with “The juice plus company” and allready have had a deep look into there structure and the so called “marketing plan”. It seems to me like a product based pyramid scheme. Maybe it is on the edge of legality, but at least people are deceived and exploited by them. Could you give me a opinion on this company?
https://www.juiceplus.com/de/de?gclid=EAIaIQobChMI4obKrrL51QIVzLXtCh0KmQDfEAAYASAAEgKUWPD_BwE
If you need I could provide many additional information.
Thanks,
J.Leiss
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Thank you for your request. They are on my list to look into.
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LegalShield ?
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Here is a link to my opinion of LegalShield: https://ethanvanderbuilt.com/2014/08/16/legalshield-prepaid-legal-scam-opinion/
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what about Bitconnect i no it looks like a MLM but out of USI-TECH and CONTROL FINANCE i would favour Bitconnect any day and i cant find any dirt about it can you ?
thx
steve
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Thanks for the request. I will add them to my list to look into.
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Please look into a company called Free-Mart shopping club.
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Please check for me this:
Padlockincome .com
7ringsoftwealth .com
computta .com
This site seem like pyramid
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Ethan,
Do you know anything about BetRobot? They use Bitcoin for money transfers.
The website I listed is one that was passed onto me from a facebook person who is all into this on-line mlm’s and recruits many, many people thru facebook for all her on-line money makers.
Thanks!
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Thank you for your request. I will add them to my list to look into.
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Hello Ethan I need your help to confirm if your analys it’s same about this company “MWR Life” (because many people say’s it’s legal), BUT I thinks this company is pyramid schem because affiliate can become a customer (autoship option)! Thanks for your help and good job!
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Thank you for your request. I have not had a chance to look into them. I will add them to my list.
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Hello Ethan,
There is a group called HonorSociety.org. I received a couple of emails that I have never signed up for. Could you look into and let us know your opinion on it?
Thank you so much.
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Thank you for your request. I will add them to my list to look into.
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My daughter (and her best friend) received a letter from the same organization. I researched diligently. This is a scam.
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Dear Ethan,
There is a dutch company called optie24 which is providing binary options.
There are a lot of these companies, but I wondered if you could add this to your list?
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Thank you for your request. I will add them to my list to look into.
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Hello, I was checking on list of Forex Scam List when I found your site. Was wondering if iForex is in the list. Would appreciate the help. Thanks.
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Here is a link to my information on iForex: https://ethanvanderbuilt.com/2015/06/02/iforex-scam-yes-opinion/
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Thank you for taking the time to do this. If you need any help with your quest please get in touch. I am UK based and also don’t like people being scammed.
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Thank you very much for your comment.
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Hello, please check the in the Netherlands founded company Impact4marketing, I found through their website that this is a MLM company with a postbox in Haarlem. They sell a cloud software solution for all sorts of organisations and are operating worldwide already. Is this also a scam?
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Thank you for your request. I will add them to my list to look into.
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Hi Ethan,
I would like to start working from home and found a company called Clickbanks. I didn’t see that you mentioned anything on your site about them. What’s your opinion on them please?
Thanks,
Kathy B.
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I don’t consider Clickbank a scam, but some of the offers that are sold through Clickbank are scams.
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Can you review this new company called Saivian? it doesnt seem legit as a business since they use a virtual office
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Thank you for your request. They are on my list to look into.
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Hello Ethan–First of all, a big thank-you for your hard work to inform people, very appreciated. I would like to hear from you about MLMs (recruiting product-based pyramid scams), which endorse infamous ‘internal consumption’ (“distributors=clients”) and how do semi-illegal (under FTC vs. Amway’79 non-enforced Rules) work in many countries even without definition of MLM there? If slowpoked FTC cannot tell for sure, then why they are deemed legal at all?
Cheers
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I can’t speak for the rest of the world, but in the USA they remain legal because of past political influence from the money they have taken from their victims.
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I wondered if you had any ability to look into a company called Zinzino? From what I can gather personally it already seems to be an MLM-scheme, but I am not sure of how to explain it to my coworker who seems to have already fallen for it. I am located in Sweden, but the opportunity itself is spilling out from Northern Europe and into the US and Canada, and that is why I decided to make a request for your help to look into it.
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