Quote from: logfiles on October 27, 2019, 05:49:51 AM

Quote from: mascherono on October 27, 2019, 03:01:39 AM

I read an article about Ponzi Scam about a month ago. This isn't really a good news for the Ponzi Investor. I was shcoked at that time too. Because of I was trying to get some more details about Ponzi and get some more details. But this article finally shocked me a lot https://all-stocks.net/allegation-plus-token-crypto-ponzi-scam-stole-3-2-billion-in-bitcoin-ethereum/

To me all ponzi schemes are scams and i believe most people will agree with me here. It doesn't matter if they are initially paying, they will eventually exit when newcomers to bringing in money and the last people who contributed or bought some of their "earning plans" will end up in loses.

My advice is as soon as you see a ponzi business model, avoid it at all costs. Don't even waste your precious time finding out who the owners are or the business licenses they have.

Agree with that and this is repetitive schemes so I wonder why there are still victim of these type of used scam tactic? If people are not lazy for sure they will not be able to victim of ponzi's and best for all of us to learn about tradings since this is the most legit way to earn rather than trusting our funds on scammers.

Again all newbies should warned and educate is the best tool so that scammers will not hurt them.