Post
Topic
Board Investor-based games
Merits 1 from 1 user
Re: CRYPTODOUBLE.COM - 100% PROFIT IN JUST 100 HOURS - 5% REFERRAL COMMISSION
by
bill_d
on 11/01/2015, 19:44:06 UTC
⭐ Merited by baldpope (1)
Guys - it's clearly a Ponzi - but that doesn't mean you won't get your money.

"A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent."

If people keep making deposits then there is enough to keep paying out - until such time as the owners close the scheme and keep all the coin on deposit at that point or it simply runs out of investors - that's the classic Ponzi. You might get lucky or you might lose a finger in the door when it slams ;-) And of course don't ever invest more than you can afford to lose.

Me, I'm in for a little - hoping to get a payout before it folds. Nice website...