Quote from: JollyGood on December 08, 2018, 07:34:18 PM

Quote from: johnsmithx on December 08, 2018, 07:03:00 PM

Quote from: JollyGood on December 08, 2018, 06:33:57 PM

Quote from: johnsmithx on December 08, 2018, 06:15:49 PM

So is this a scam?

Absolutely yes it is a major scam.

The Monaco CEO was running a company called "Ensogo" as its CEO a couple of years ago, it went bankrupt and was under investigation by police for fraud in many countries.

That's certainly disconcerting. However, a bankruptcy in itself doesn't really mean anything. Vast majority of all the companies that Donald Trump ever started ended up in bankruptcy. A risk of failure (including the bankruptcy) is an inherent part of any business, it's even explicitly stated in the business legislation of any normal country. Being investigated by the Police in itself doesn't really mean anything either. Anybody can file a criminal complaint against anyone/anything, the complaint can even be entirely anonymous, and the Police is legally obliged to investigate it. So anybody can anytime be investigated for anything. If you recognize the Police then you must recognize the whole legal system in general and one of the basic legal principles is the presumption of innocence so you must recognize that, too. If there was any conviction verdict by an independent criminal court in any matter related to MCO that would be a wholly different situation, though.

That being said, information in this thread are disconcerting and the way MCO is (not) dealing with them is disconcerting, too.

Well failed CEO Kris Marszalek and his Monaco "team" were investigated for fraud. A quick seach using "Ensogo Kris Marszalek" will show up everything.

The fact he is associated with Monaco and now he has mismanaged this project by diverting and diversifying by paying millions from the ICO funds to buy crypto.com domain and the new CRO tokens and phone apps and all sorts of nonsense shows failed CEO Kris Marszalek and his Monaco "team" are a liability. Nothing short of scam that they will keep 15 million out of 31 million tokens for themselves as payment for creating this Monaco VISA card failure.

The information you are providing, assuming it's all true, is no doubt noteworthy and of special importance to anyone thinking about investing in MCO. However, none of that is actually enough to say MCO is a scam if there is no criminal conviction (yet).

If there is any actual victim that can demonstrate any form of criminally sanctioned wrongdoing then the victim should:

file a criminal complaint in their own country
once the complaint is assigned a number and an officer then contact the Metropolitan Commercial Bank and inform them about the ongoing criminal investigation referring by its number and the respective Police officer contact details
contact SEC, CFTC and the FBI and inform them all about the same and especially about the fact that a U.S. bank is actively cooperating with individuals suspected of financial crimes and a resulting danger to the American citizens