Project 1-9-90 Ponzi or Pyramid Scheme Home Categories Scamming Project 1-9-90 Ponzi or Pyramid Scheme 3 3 4.26K 2 10y ago 2016-06-14T15:23:29-05:00 10y ago 2016-06-14T15:30:21-05:00 Online Threat Alerts 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. 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. Check the comment section below for answers or additional information. Share what you know, or ask a question about this article by leaving a comment below. Online Threat Alerts is not affiliated with or endorsed by any trademark owner mentioned in this article. Some of the information in samples in this article may have been impersonated or spoofed. Save + Was this article helpful? (2) (0) More For You The Overlooked Role of Offsite Storage in Strengthening Cyber Defense Strategies BOA Alert Scam Call - Bank of America Sun Dolphin Kayak Scam: Fake Stores Is fingerprint.store an Untrustworthy Online Store? 'OIPCS in Switzerland' Scam Victims Fraudulent Emails coolsstyle.com - it is a Fraudulent Website Lottery, Donation and Promotion Scams That Ask for Money and Information Virus Email - 'Purchase Order From Abraclean Group Ltd' 'www.earnwithinvite.com' - A Fake Internet Work-From-Home Website 'Someone Else Might Have Use Your Account and Multiple Password Errors' Hotmail Phishing Scam Orlando Gay Nightclub Shooting Already Being Exploited by Scammers and Cybercriminals 'PayPal You Sent a Payment' Phishing Scams Fake Ray-Ban Sunglasses / Eyewears Selling Website - 'www.busrb.com' 'Your Samsung Phone Has Been Selected Because We Need More Testers for the New Galaxy S8' Phishing Scam Comments / Answers Remove sensitive information from your post. Your IP address will be used to display your estimated location. Enter comment post here 3an anonymous userhttps://www.onlinethreatalerts.com/users/#an-anonymous-userJan 21, 2018 at 11:31 PM by Project 1-9-90 Ponzi or Pyramid Schemean anonymous user from: Ankara, TurkeyI 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.an anonymous userhttps://www.onlinethreatalerts.com/users/#an-anonymous-userJan 7, 2018 at 12:28 AM by Project 1-9-90 Ponzi or Pyramid Schemean anonymous user from: Morrow, Arkansas, United Statespeople 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.an anonymous userhttps://www.onlinethreatalerts.com/users/#an-anonymous-userJun 20, 2016 at 4:53 PM by Project 1-9-90 Ponzi or Pyramid Schemean anonymous user from: Austin, Texas, United StatesGet rich schemes are always crooked. Designed to quickly and as effortlessly as possible, separate a fool and their money.
an anonymous userhttps://www.onlinethreatalerts.com/users/#an-anonymous-userJan 21, 2018 at 11:31 PM by Project 1-9-90 Ponzi or Pyramid Schemean anonymous user from: Ankara, TurkeyI 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.
an anonymous userhttps://www.onlinethreatalerts.com/users/#an-anonymous-userJan 7, 2018 at 12:28 AM by Project 1-9-90 Ponzi or Pyramid Schemean anonymous user from: Morrow, Arkansas, United Statespeople 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.
an anonymous userhttps://www.onlinethreatalerts.com/users/#an-anonymous-userJun 20, 2016 at 4:53 PM by Project 1-9-90 Ponzi or Pyramid Schemean anonymous user from: Austin, Texas, United StatesGet rich schemes are always crooked. Designed to quickly and as effortlessly as possible, separate a fool and their money.