Control-Finance and why I’m not putting money into it
I *was* in an Australian crypto facebook group and someone posted a link to a website that claimed daily profits. I laughed and got booted. The website is control-finance.com
The website looks SLICK, and professionally made. They have the standard secure SSL buttons at the bottom, and contact details. Looking up the address the company is registered under one person.
The company focuses a lot on two things
- Investment offer of guaranteed 1% daily
- Affiliate program
Any normal person who is scared of new programs would just put a few dollars, in however the affiliate program encourages people to put MORE money into the program. “Representatives” who put $300 or more get their name published on the website. Classic.
REMEMBER WHY CRYPTOCURRENCY WAS MADE
- Cryptocurrency was made to defeat the purpose of the limitations of our current ‘fiat’ system. i.e. inflation and PRINTING of money by the banks. This website is literally funnelling money into its accounts.
Sure, RIGHT NOW they may be paying people, however we are still in early days, and eventually this PONZI scheme will collapse once, however not after millions have been made.
The website right now as of 27th July 2017 the website DOES NOT EVEN HAVE FINANCIAL WARNINGS to tell you that any investment is a risk. A legitimate website would AT LEAST have this. So don’t be surprised if this kind of statement appears soon after I post this.
I just wonder how Benjamin Reynolds plans to take all the money out. It would be interesting to see his/her exit strategy.
But what about the reports?
You’ve given your money to this company who is day trading BTC. BTC goes up and down. How can they pay you if they are DOWN? By relying on more people joining and giving money. If BTC went down and everyone pulled out, the company is dead in the water.
IF YOU ARE STILL GOING TO INVEST AND IGNORE MY ADVICE…
Check the facebook page and find some of the reviews. Reports of money not all appearing, penalties on deposits…
Also, if you still want to put money in. i would suggest getting some profit and GTFO of the program immediately before the ponzi scheme falls over.
Bushrangers and cowboys
At this rate, this side of the crypto world is unregulated. It’s all bushrangers and cowboys scamming greedy people.