Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme

Unstoppable Funds located at unstoppablefunds.com - it  is a Ponzi or Pyramid Scheme

Unstoppable Funds, located at www.unstoppablefunds.com, which the owners claim is a global charity organization that helps its esteemed members, is a Ponzi or Pyramid scheme. Online users are advised not to register with the website or become a member. And, those who are already members are asked to stop making payments to the website.

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www.unstoppablefunds.com - The Ponzi or Pyramid Scheme Website

www.unstoppablefunds.com - Unstoppable Funds

www.unstoppablefunds.com is considered a scam because they promise members interest on their donation based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public, making them appealing to people who want to make some quick cash. And, to prevent prosecution from the law, the fraudulent website use the word "donate", which makes it seems the members are donating their money, but they are actually asking members to invest their money in a scheme that is not sustainable and will mostly benefit the owners or operators of the website.

Why is unstoppablefunds.com a Pyramid or Ponzi Scheme?

unstoppablefunds.com is a pyramid or Ponzi scheme because they do not do any form of investments, sell products or services to make money. Instead, they take money from new members that old members recruit, to pay the same old members. If unstoppablefunds.com fails to recruit new members, they will be unable to pay old members, which will cause the scheme to crash. Once the scheme crashes, the owners will take whatever money they have collected and disappear.

The owners of unstoppablefunds.com just collect money from new members, and pay some out to old members and keep the rest for themselves. That is all they do. Once the pyramid scheme fails, new members will suffer the most, because they will not get back a single dime of their so-called investment. For the owners, it will be a big payday for them, because they would have already collected thousands or millions of dollars from their members or participants.

What is a Pyramid or Ponzi Scheme?

A pyramid or Ponzi scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.

In a pyramid scheme, an organization compels individuals to join and make a payment. In exchange, the organization promises its new members a share of the money taken from every additional member that they recruit. The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative - whether or not they do any work, the organization's membership has a strong incentive to continue recruiting and funneling money to the top of the pyramid.

Such organizations seldom involve sales of products or services with value. Without creating any goods or services, the only ways for a pyramid scheme to generate revenue are to recruit more members or solicit more money from current members. Eventually, recruiting is no longer possible and most members are unable to profit from the scheme.

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Comments(23)

Nov. 27, 2020 at 5:08 PM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Lagos, Nigeria

Mine is 50k, they need to sue to court

Delete

Jan. 28, 2019 at 8:37 AM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

Hmmmmm. and I want to register next month. still wondering how they got my email, thanks for the info guys

Delete

Aug. 16, 2018 at 3:57 PM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

why are they doing this nasty thing? taking advantage of the present state of the economy to dupe people. it's unfortunate. please people stay away from this so-called unstoppable whatsoever to avoid unpleasant experience.

Delete

Aug. 2, 2018 at 4:37 PM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

I had a similar experience. It was so painful and I am still crying.

Before I invested, I wrote to them asking when I will be paid if I eventually invested and I was told after 38 hours.

So I invested 20k, after paying that, I was asked again to pay another 20k which I did and low and behold the person I paid said that I would have to balance him 30k and I said no I saw 20k. The person said it's 50k he invested so I have to pay him 50 and not 20k or else he would not confirm me. So I balanced him the 3ok.I paid and paid and paid until I ran out of money and they were still asking me to pay.

Am so ashamed to state the amount I invested because I can't still believe eyes. They eventually blocked my account and they don't even reply my messages any more.I appealed to them to give me back my money. Hummm they never listened. They are so heartless and soooo wicked.

Delete

Jul. 22, 2018 at 4:40 PM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

You are very correct. I've just been scammed by this dubious platform. I'm in deep pain as I'm typing this.

I registered, with them,and they kept on matching people with me for continuous payment. Once I paid one person,they will bring another person even after they must told me that is the last person I would pay,until I paid to the tune of #150,000.

Certain amount would be put on my dash board,but the moment I paid,the person would tell me that it was more than that,and truly the amount would be different from,what I saw there before.

Now they have permanently blocked me from the platform,and they no longer reply to my messages.

People should learn from my own experience,and please beware of the platform,and many others like that,thanks.Lydia.

Delete

Jul. 11, 2018 at 9:59 AM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

My name is Sunday, I have been receiving their message and there fake testimonies more than 1 years, I was just thinking on how to join.. thank for the info

Delete

Jul. 22, 2018 at 4:45 PM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

Congratulations bro,you are very fortunate,I'v lost #150,000 to their scam.

Delete

Jul. 8, 2018 at 6:10 AM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

You said that you are not be scamming people now where is my donation.

I paid to this account name of account Ogbite Sunday, account number 0064347841 bank union bank, phone number 07051696036. Since then I have not received any donation.

Delete

Jul. 6, 2018 at 11:15 AM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Oye, Ekiti, Nigeria

I open free account but I clear pending donation, two of them. remain one I wont to delete the last one which is 08100123705, and pay me the rest ojb,

acct name ojebola

acct no 3011993205

banks name skey bank

Delete

Jul. 5, 2018 at 9:12 AM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

If u don't release my money your time is up; heaven will judge u people; in Jesus name I prayed.

Delete

Jul. 2, 2018 at 4:23 PM by
Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme
an anonymous user from: Lagos, Nigeria

And I could not be able to upload my proof of payment; is there any solution from Allen.

Delete

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Unstoppable Funds located at unstoppablefunds.com - it is a Ponzi or Pyramid Scheme