In my previous article i have mentioned about the ponzi scheme called onecoin. This scheme was found to be popular in India.
https://steemit.com/india/@maochitse/onecpin-fiasco-in-india
Today, i got to know about another ponzi scheme, which promised higher returns on investments in mining products. This was called as ecoinplus
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While you are right to warn people, it's a good idea to give some details so that it's more than just your opinion ...
https://cointelegraph.com/news/another-day-another-scam-ecoin-plus-disappears-with-investors-cash
Always be vigilant when investing, and look for signs of bad dealings like;
Pay to recruit
If you are paid to sign people up, always look closer at what's being offered
No identifiable product or service
If there's nothing for sale, where is the money coming from? You!
Anonymous or fly-by-night e-mails
Is the person you're paying running the operation from a hotmail account? Why didn't they spring for a domain?
Domain details "Protected"
If there's not a business address tied to the domain whois, consider this a BIG RED FLAG
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