Thread: Cease and Desist issued against BitConnect alleging fraud

Yet more examples of why promoting a fraudulent scheme within the USA is not the smartest thing to do.





HINT: This isn't about "cryptocurrency" guys.

This is about FRAUD whether it's using Bitcoin or US dollars.

Fraud is fraud is fraud

Originally Posted by littleroundman

Fraud is fraud is fraud[/B]

The first couple minutes of his video is promoting something called "Zethr" that sounds like a Ponzi to me. The dummies even mention contract investment, is Zethr suddenly registered with the SEC and Grant licensed to sell securities?


https://zethr.io/#/

Originally Posted by ribshaw

The first couple minutes of his video is promoting something called "Zethr" that sounds like a Ponzi to me. The dummies even mention contract investment, is Zethr suddenly registered with the SEC and Grant licensed to sell securities?

Originally Posted by littleroundman

Yet more examples of why promoting a fraudulent scheme within the USA is not the smartest thing to do.


HINT: This isn't about "cryptocurrency" guys.

This is about FRAUD whether it's using Bitcoin or US dollars.

Fraud is fraud is fraud

Endless-chain recruiting for dummies.

Why just spend money on "it" when everyone is given the easy option to make money from "it". If everyone expects to make money from "it", where does the extra money come from?

MLM Ponzi - No tangible product
MLM - Has product to mask Ponzi.

Originally Posted by Char

Endless-chain recruiting for dummies.

Why just spend money on "it" when everyone is given the easy option to make money from "it".

To hear Grant tell it he lost his marbles in Bitconnect, of course punters have to take that on spec. I mean what else is he going to say?

It continues to strike me ironic that for years on end the same people work so hard promoting and/or chasing "passive income" opportunities. Recruiting so much like a J.O.B. with all these 1% per day deals floating around, who does that? The only people opportunities ever pay off for are the select few sociopaths recruiting massive numbers knowing full well losses are guaranteed.


"How to Spot a Sociopath in 3 Steps" could easily be tilted "How to spot a ponzi pimp in three easy steps".

https://www.psychologytoday.com/us/b...ath-in-3-steps