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Beware of Project 1-9-90 Ponzi or Pyramid Scheme

2016-06-14T15:30:21 -  +
Beware of Project 1-9-90 Ponzi or Pyramid Scheme

Project 1-9-90, located at website: "www.1-9-90.com," which the owners claim is a uniquely designed BITCOIN network marketing business that is structured to make everyone earn within the shortest possible time-frame, can only be best described as a Ponzi scheme. The scheme, which is allegedly called a Multilevel Programme based on Network Marketing (MLM) principles, and which allegedly originated from Russia and owned by Ukrainian businessman Bohdah Kiostik, is not sustainable because it is not real a business. It is like robbing a group of members to pay others. There are no products, no services, no wealth creation, no investment, and no income. The system does not create wealth from any product or service. The money that is being shared is coming from new members. The losers will be those that joined the program last.

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Before investing your money, please ensure that the company you want to invest with is legitimate. Do not be tricked by scammers who claim that they can offer you very high sustainable returns on your investment. Persons who claimed that they have earned money from Project 1-9-90 Ponzi scheme are those who have joined the program early and may have received money taken from new members. This will continue until the owners decide to close down their so-called business , or there are not enough new members to support the scheme.

A Ponzi scheme (also a Ponzi game or a Ponzi) is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. But, the perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme.

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Comments, Questions and Reviews ✍
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  • Posted: Jan 21, 2018 11:31 PM by an anonymous user from or near: Ankara, Turkey

    I think this project was renamed at bitcoin-air. Could be wrong but it looks like some of the same people are involved. Not to mention the site promises 100% return on investments.

    delete


  • Posted: Jan 7, 2018 12:28 AM by an anonymous user from or near: Las Vegas, Nevada, United States

    people will always fall for this get rich quick schemes same as they still fall for the lottery schemes or the nigerian prince schemes. Comon people there is no such a thing as free money. Get a grip. Nobody would give a $1 if I ask, but they will all give 1000s of dollars to these scammers.

    delete


  • Posted: Jun 20, 2016 4:53 PM by an anonymous user from or near: Austin, Texas, United States

    Get rich schemes are always crooked. Designed to quickly and as effortlessly as possible, separate a fool and their money.

    delete


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