Pay Diamond stolen Vietnami investors

pay diamond were in attention from recent few years. Due to high reward  ratio many Vietnami in fact international investors take a part into it. Play Diamond is getting a lot of attention in young generation who's want to be rich earn lazy money. Its an network marketing circle Or so called mlm schemes. 

First of all let me tell you i am nor a investor nor a marketing agent of this shitty company. As i told my facebook fellowes to stay away from such kind of shitty schemes.
Pay Diamond legit or a scam? 

  Vietnamese media reported  that around 606 MLn  Dollar has been stolen by Play Diamond MlM fraud scheme.

 There are 32,000  victims sign a petition against  company and some experts claim that the company had stolen VND 15 trln in local currency which is equal to ($658 mln) 

Icos with ponzis

we cannot states that only Pay Diamond stolen whole these money according to government report,Investors claim that some Icos like  iFan , Pincoin   promised their investors that they will return upto 50% on their initial investment The website.

 The use of cryptocurrencies has been restricted and decleared illegal according to statement of Government in 2017 country’s central bank has declare  it illegal after Big complain box filled by Investors. 

According to Bank statement of Vietnam:

 “Recently, we've noticed scammers have been focusing promoting their Ponzi schemes in countries where financially literacy is low, which makes for easy targets.” 

So the real problem literacy rate is lower or poverty attract them to find a way sit at home make easy money.

Investors just make a calculation on their minds that they will earn a massive profit, If they invested into it and program runs at least 1 year their money will be doubled.So these programs runs a affiliate schemes so investors to withdraw money from their shitty bank make a victim more and more people.So this is called foolishness produce more foolish.