NexusFi: Find Your Edge


Home Menu

 





www.circlesociety.com ponzi scam


Discussion in Trading Reviews and Vendors

Updated
    1. trending_up 2,130 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 2 attachments




 
Search this Thread

www.circlesociety.com ponzi scam

  #1 (permalink)
mkjonhston
London UK
 
Posts: 19 since Jan 2015
Thanks Given: 0
Thanks Received: 5

what's your experience with these guys?

Let me tell you what I know:

1) Access is possible on invitation only, based on which one can get referal bonuses.

2) They promise unrealistic BTC returns, such as:



3) Anyone looking at the attached will succomb to their own greed and join in. Many times they don't learn the full story from the referer ... who's interest is for this ponzi scheme to grow even bigger in hopes to recoup the initial investment.

4) Payback, if it happens, is only partial and will always be incomplete. But many times will never happen.

5) Communication - what they call "customer support" mostly happens via a Telegram group administered by them (restricted access). The purpose of the chat is existing users brain washing, fake promisses of postponed payouts and never ending technical challenges and payout delays. Things like "the coin must flow for us to keep the lights on, the next platform upgrade will fix technical glitches, be patient and payouts promissed for next week will happen in 6-12 months' time".

7) I doubt they comply with even the slightest regulation existing for the crypto world, nonetheless they operate in US for mostly US citizen. So far, around 1000 people have been scammed and the sharade continues to grow.

8) I'm really surprised this can still happen ... in today's US

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
MC PL editor upgrade
MultiCharts
Cheap historycal L1 data for stocks
Stocks and ETFs
NexusFi Journal Challenge - May 2024
Feedback and Announcements
Quant vue
Trading Reviews and Vendors
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
What is Markets Chat (markets.chat) real-time trading ro …
77 thanks
Spoo-nalysis ES e-mini futures S&P 500
55 thanks
Just another trading journal: PA, Wyckoff & Trends
37 thanks
Bigger Wins or Fewer Losses?
24 thanks
The Program
17 thanks
  #3 (permalink)
mkjonhston
London UK
 
Posts: 19 since Jan 2015
Thanks Given: 0
Thanks Received: 5


adding telegram chat group (which dissapeared meanwhile)

www.circlesociety.com ponzi scam-circlesocietytelegramgroup.pdf

Reply With Quote




Last Updated on May 28, 2019


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts