Crowd1 is a scam DO NOT GET INVOLVED
I'm sure by now you have had a friend recommend crowd 1 to you, but is it really as good as they say,Sadly no, they have been fed a lie and even though they may believe in ………….. It is still a scam.... I AM NOT SELLING ANYTHING ON THIS WEBSITE , 100% OF THIS IS TO HELP YOU TO STAY AWAY FROM THE SCAM
IF YOU ARE RICH AND WANT TO THROW AWAY YOUR MONEY THEN GO AHEAD, IF YOU ARE NOT RICH PLEASE REMEMBER IF SOMETHING SEEMS TOO GOOD TO BE TRUE IT GENERALLY IS!! PLEASE DO NOT GET SUCKED IN BY THE FLASHY VIDEOS, AND THE EVENTS OR PEOPLE SAYING THEY ARE MAKING MONEY- ITS A FRAUD ,SOME PEOPLE WILL MAKE MONEY ON THE APP BUT NEVER GET IT OUT IN CASH!!, SOME PEOPLE WILL GET HIGH ENOUGH TO WITHDRAW SOME CASH AND MAKE YOU THINK ITS NOT A SCAM BUT IT IS: PLEASE READ BELOW https://www.iol.co.za/news/africa/17-linked-to-burundi-get-rich-quick-schemes-arrested-40741281 I was promoted crowd1 and sadly I bought into it,, initially every alarm bell in my head was going off but i thought - even if it is a scam, i will get my money back because i joined early so who cares!..... ( I NOW DONT THINK LIKE THAT) now that I am on the inside I can see 100% this is a scam on every level... I have accepted that I will never get my 99 Euros back but I am from a rich country and I am happy to loose it if it can save you from pain. I WOULD BE WILLING TO BET MY LIFE SAVINGS (ENOUGH MONEY TO BUY A HOUSE IN MOST COUNTRIES ) THAT CROWD 1 IS A SCAM AND EVENTUALLY IT WILL FAIL, I CANNOT SAY EXACTLY WHEN, (I IMAGINE BEFORE 2021) BUT IT MAY BE LATER, BUT EVENTUALLY ONE DAY YOU WILL GO TO LOG INTO YOUR ACCOUNT WHERE YOUR "HUGE RICHES ARE" AND THE COMPANY WILL HAVE DISSIPATED - THEY WILL HAVE FILED BANKRUPTCY OVERNIGHT ON THE LEGITIMATE SIDE OF THE BUSINESS AND THEY WILL HAVE SIMPLY TAKEN THE REST OF THE MONEY AND LEFT! THE ONLY WAY YOU WILL MAKE ANY MONEY OUT OF CROWD 1 IS TO RECRUIT OTHERS - YOU MAY BE LUCKY AND MAKE SOME EXTRA MONEY BUT THE PEOPLE YOU RECRUIT WILL LOOSE EVERYTHING - DO YOU WANT TO BE THAT PERSON? WHY WILL IT DEFINITELY FAIL EVEN IF SILLY PEOPLE KEEP JOINING:' Already goverments are shutting it down https://www.iol.co.za/news/africa/17-linked-to-burundi-get-rich-quick-schemes-arrested-40741281 https://www.247news.africa/news/17-linked-to-burundi-get-rich-quick-schemes-arrested/411057AN/ Crowd1 will get big enough to catch the attention of regulators like the SECURITIES EXCHANGE COMMISSION , PLUS NON CORRUPT GOVERMENTS WILL START TO CRACK DOWN! DO YOU KNOW WHY CROWD 1 CHANGED FROM OWNERSHIP RIGHTS TO CROWD 1 REWARDS, ITS BECAUSE IF THEY KEPT ISSUING OWNERSHIP RIGHTS THEY WOULD BE TAKEN DOWN WITH FRAUD Maybe you think it is not a big idea that the owner rights are an unlicensed security offering. WRONG – It is a big deal and I will tell you why. Crowd1 could never even get a securities license because this means that every affiliate would need to also be licensed. So they intend on just ignoring the law, which you can do for a while. Eventually Crowd1 will get hit by a cease and desist and the whole thing will be finished with 1. Crowd 1 IS a ponzi scheme... . A ponzi scheme is where some people,mainly those at the top make a lot of money and most people will lose all of their money. A ponzi scheme operates by paying new investors "returns" out of new investors funds.( in crowd 1 the returns this is streamline residual payments and sales bonuses)Do not get me wrong, you may recruits enough people, and make more money than you put in... but you will be doing this at the expense of people you bring in. As of writing supposedly crowd1 has supposidly 3 million members who have all paid 99 euro OR MORE The minimum cost to join Crowd1 and to earn from the compensation plan it offers is 99 Euros. There are 4 levels that you can invest in to start which are:
With 290 million Euros already received and an operating budget of a new 20,000 members per day / 2million euro per day they can afford to put on fancy events, send the leaders on cruises, buy fancy cars, even pay out some members already.... Remembers they are paying out already are as per a ponzi scheme being paid out based on people they bring in but again they are only receiving a portion of the money. ............ supposidly the official payments in cash to everyone will be made on june 15 and september 15...... absolute rubbish - it MAY happen, but thats only if the same growth keeps happnening and more people keep joining....... PONZI 2.Payments ... Right now you can join using bank transfer but this takes a lot of time and is almost never used.....The main way is only join using Bitcoin or ethereum,This works for two reasons, 1 . People who hold Bitcoin generally believe it is going up in value anyway making the 99 euros seem smaller this is the preferred way because unlike bank transfer it is not subject to scrutiny from authorities They will tell you they are not a Scam as they are registered companies. As someone who studied finance and international trade I can tell you every thing they are saying is a lie....Tax avoidance, Shell corporations, international fraud , it is things I have studied and it is things that are possible even when you are audited if you set it up properly, not to mention the fact that because most of the money was done through cryptocurrency it doesn't really exist according to authorities. 3. Why Euro... They say it is because it is a European company and they only trade in the strongest currency because they are the strongest company..... There is an element two truths in this however the main reason I believe they choose euros is because they can still offer a 99 euro package (because in layman's terms under 100 always seems like a bargain) whilst receiving the highest amount of money..... If they charge 99 US dollars they only received 99 US dollars but if they charged 99 euros they receive 107usd It is also because the euro is seen as strong, They want to seem to be the richest. 4. Locations - this makes me sick!!!!!!!!! Look at where their offices are setup, , you can see on their website and webinars they are full of people from poor nations --------they are poor because they dont understand! (yes maybe 5% of people like myself join from developed countries BUT those people are usually immigrants . they are strategically targeting poor nations without strong regulation and where people have less financial understanding, they are seeing explosive growth in South Africa, Africa, Philippines, Asia.... They will tell you it is because of stupid laws setup in America, in reality it is because people with financial understanding can see this is going to end with nothing... Those at the top will take everything and those at the bottom which will be the majority will leave with nothing. 5. Revenue sources. CROWD1 WILL TELL YOU ITS NOT A SCAM AS THEY ARE USING THE MONEY TO BUILD BUSINESS , FIRSTLY THE BUSINESS IS RUBBISH AND 2ND IN ORDER FOR YOU TO BENEFIT FROM THAT BUSINESS IN ANY BIG WAY YOU NEED TO BE HIGH UP IN THE CROWD1 SYSTEM, AND THAT IS THROUGH GETTING MORE PEOPLE TO JOIN! Some people have previously said it is a scam because they do not have products, crowd one has digital products (again very easy to stay unaudited)... The digital products are based around lottery, gambling and mobile gaming and making money off these through affiliates..... They make huge claims talking about how the gaming industry is worth 75 billion a year and gambling industry is worth 200 billion or something and they are coming to take a huge chunk of it and that is how they will be paying members .... Do you realise that there are 4 billion people in the world who are contributing to those amounts? You would need to grow crowd1 to a network of 1 billion people just to get a significant chunk of that, --- in the next week they plan on launching EPIC LOTTO, a legitimate (hopefully) online only lotto...... again tho the only way members will benefit is by BUYING LOTTO TICKETS OR BY SELLING THEM TO FRIENDS AND FAMILY IT DOES NOT WORK LONG TERM! Fear of loss bonus This should scare you ... it screams of ponzi scheme Its basically you join and pay 99 euro, once you get 4 more people to join under you will recieve the FOLBjoin 4 people at 99 euro and the company awards you with 120 euro, and the more they pay with the gold , black, titanium packagesyou can get up to 3000 euro!!! -------- not sure exactly when this is paid , or if you will ever acually get the money in cash (not just number on screen)BUT either way for every 4 dollars the company gets they pay you 1 as a commission! FOLB is only valid for your first 14 days as studies prove thats when you will have the most drive, Also like me you will likely realise a few days later ITS 1 big scam!!!This is why they call it the “fear of lOso bonus”.Here is how much you will earn for your first 14 days with the “Fear of Loss” bonus:
UNLESS YOU BECOME A MAJOR PLAYER IN CROWD 1, THE ENTIRE SETUP IS BASED MAKING YOU THINK YOU ARE GETTING RICH AND YOU ARE NOT YOU WILL HAVE OWNER RIGHTS / CROWD 1 POINTS THAT THE SYSTEM WILL KEEP GETTING MORE VALUABLE EACH WEEK, THIS IS TO STOP EVEN THE PEOPLE WHO CAN REMOVE MONEY INTO CASH FROM DOING IT,,,WHY WITHDRAW 100 EUROS THIS WEEK WHEN IT IS SUPPOSEDLY WORTH 130 NEXT WEEK THE WHOLE SYSTEM IS A SCAM I will add more information daily however it takes time and I am very busy.. tomorrow there will be twice as much information . https://markets.businessinsider.com/…/warren-buffett-blasts… Crowd one is just like a cryptocurrency but less valuable... Even though a cryptocurrency will go up and down eventually it will be worthless. I will add more information daily however it takes time and I am very busy.. tomorrow there will be twice as much information. https://www.iol.co.za/news/africa/17-linked-to-burundi-get-rich-quick-schemes-arrested-40741281 17 linked to Burundi 'get-rich-quick' schemes arrestedBy ANA Reporter Jan 18, 2020 Johannesburg - At least 17 people have been arrested in Burundi's largest city Bujumbura over a Ponzi scheme, online publication RegionWeek reported. It quoted the spokesman for the public security and disasters management ministry, Pierre Nkurikiye, as saying a probe into the company behind the scheme, Crowd1, was underway. Crowd1 hit the headlines in Burundi recently when it launched a scheme which offered participants dividends for recruiting new investors. Nkurikiye expressed concern that Burundi nationals kept flocking to such schemes which made false "get-rich-quick" promises, despite regular warnings from the government. Representatives of such scheme deny accusations of fleecing the public of their money, arguing that they offer a platform for genuine network marketing. Burundi's central bank has already issued a warning that the the activities of companies trading in virtual currencies such as Bitcoin are illegal. "Since virtual currencies or cryptocurrencies are not regulated and are not issued or guaranteed by any government or central bank, these currencies have no legal tender in the territory of Burundi," it said in a statement posted on its website. "In this regard, the Bank of the Republic of Burundi reminds the general public that no entity or financial institution is currently authorized to offer remittance or other payment services using a virtual currency such as Bitcoin, Ether, Litecoin, Dogecion, Onecoin, BTC, Fahari Cash Coin, Ello Cash Coin and other similar products." African News Agency (ANA) If you want more info contact me at [email protected] |