Bitcoin Forum

Apparently, a new project named Westland Storage (https://westlandstorage.com/) offers a 1% daily return of investment during the working days and 0.5% daily returns during the weekends.
If I am not mistaken and my math still works, they guarantee a 1300% ROI in one year: =1,005^125+1,01^(365-125). Similar calculations drove people to invest in BitConnect as they saw a possibility to make easy and quick money. Here is an old review (https://coincodex.com/article/1036/what-is-bitconnect-and-why-have-we-decided-to-distance-ourselves-from-it/) about BitConnect, that was exposed before it collapsed and was marked as a scam! So this to me sounds pretty much like BitConnect, just another scammy project that promises quick earnings, which definitely raises the guard just by thinking of it as a possibility. Probably many can occur, that there are no shortcuts.

I've done some research and found out that they were reviewed by bitcoinexchangeguide.com, from which they got a positive review. My guess is that they paid for it, but who knows.
https://bitcoinexchangeguide.com/westland-storage-wls-ico/

However, there are some that see this project a scam as well, which in my opinion clearly is!
http://bestbinaryoptionswatch.com/westland-storage-review/

Lets prevent this :)
https://i.imgur.com/YZfVvp1.png

I'm using an social media application called Sola, and I saw an advertisement for this in it this morning. "Get daily 1% lifelong" instantly brought BitConnect in my mind...

1% a day definitely sounds scammy... Do they give any explanation on HOW they achieve this?

Just registered to the site haven't invested anything...but the site looks clean and would love to see them in a long run...
Hoping they won't scam

For me it looks obvious ponzi scheme as no one can pay fixed daily profit in a legit and real business so be careful, for hyip lovers this may look likea mid term program but i think serious investors should stay away from such ponzi schemes and should discourage them in every way possible.

there is one thing I've learned from an economics teacher, do not be lulled by big profits  :) until now there is no business that can survive with such a business scheme, which is a problem today there are still many new people who like the type of bad investment, and they bring a lot of people to fall,

If you are already doing research on the project unless it is still unsure, then leave it. there are still many projects with clear concepts and prospects. usually projects with large investments are fraudulent. Good luck.

Fell for this one, everything at Westland storage is done so profesionally, you don't even notice you are in a Ponzi scheme.

The scammer Yesenia Gonzalez and the Ponzi are well descibed here: http://behindmlm.com/mlm-reviews/westland-storage-review-crypto-ponzi-with-wls-token-exit-scam/


The scammer owns several other phising domains http://domainbigdata.com/westlandstorage.com



They use a dirty advertising on CMC, promising 1% interest EVERY DAY for life.


I suggest we report the site https://safebrowsing.google.com/safebrowsing/report_phish/?hl=en

Any project that offers a daily return to the investors = scam.

I will try to report it also. But i guess the majority of people in these days are so smart compared with last year. Another non sense thing just like you know about bankera and how its scam project has raised more than 100 million dollars. People in these days are being so crazy with fast money.

This site claims that it is a real estate investment platform in which investors can purchase individual square feet of real estate which is then supposedly rented or leased out. The profits from doing this are then returned to the investor at a rate of 1% per day. The company claims that this profit is absolutely guaranteed and that there is no risk of any kind of loss whatsoever.

If your mental alarm bells aren’t going off already, they should be.

Another major indicator of a scam of this sort is the general low effort and total lack of quality control visible in the site’s design. Most often, this manifests itself in the form of numerous spelling and grammar errors all over the site, as well as the near-exclusive use of stock images.

Tbh, most so called "passive income" are ponzi scheme. You simply can't just invest your money, waiting other to return some profit for you, things don't come for free.

hi all

in fact this project seems be an hyip it is listed on many hyip site but i want to know if some one has invest and had can withdraw her money like it want ?

and your self you take part  :D ;)

It sure looks like one, everyone wants a piece of the free money which everyone puts even after repeated examples.

In my opinion, Westland Storage works on the principle of HYIP, and any HYIP sooner or later just closes!

Yes, it's very likely that this is also a scam. There is no real project that can guarantee a 1% return per day, and their will probable close their business sooner or later. So it's better to place your investments into more safer projects.

I don't know what happen to this project now, since this thread was posted in May. But I agree with you OP, 1% daily is too good to be true. Also it's not sustainable. Eventually the owner will run with the money.

It sounds too good too be true and too easy to earn money therefore I wont look into it. To those who invested good luck!

Any news about the platform?

no news. I thought whether to load their application on the android and have decided that it isn't necessary yet. you never know what plans for my smartphone at them...

Hi There,

No invest in this SCAM.
I have had a conversation with the "TEAM". :)
I asked about: How can I withdraw my earned wls?
The answer was the next:
Bart from WestLand Storage
"Hello! Do not want to invest, but want to earn? We have a solution. Use the affiliate program, invite your friends and make money from their investments. Start now!"
:D
If you want to lose your money start to invest in this.

I received email from them inviting me to join their project but after researching about it i decided not to join. I don't trust them and it works like a ponzhi scheme.

So, what would you recommend after six months of stability by Westland storage. I've more than 180 dollars and they ask me to deposit $10 to withdraw. Do you think it is worth it to deposit & If I do, how much I can withdraw. All the replies would be helpful

If you get $180 for $10 investment I'd say that it's a fair trade. But if your $180 holding is in WLS I wouldn't bother, I don't think you can get everything out. I know WLS interests can be withdrawn but not the initial amount (what you earned by performing social tasks).

I can't say if Westland Storage is legit or not, but what I do know is that after making an investment you can withdraw funds. Just be careful about what others have also warned about - your investment is tied up for 40 days, and after that you can only withdraw 50%. I made a small investment in XRP (while that option was still available) and I've almost covered the investment with the interests I withdrew.

If someone still interested in any feedback about this project here is my own experience

 http://westlandstoragefeedback.blogspot.com/2018/10/hello-name-is-andrii-and-i-would-like.html

I have been on this project for some time and definitely it seems to me like I scam. I have long decided never to give any one my money in the name of trading and giving me returns. It never worked

Hi guys,

Since you discuss the project which "generates profit from vacuum". What do you think about Sidera? Is it the same type?

ok, my experience in this web, (I will try to be as fair with them as I can):

I know nobody gives anything eternally, but managing the risk well, sometimes sites appear so they can give a reasonable profit, webs that disappear after 2 or 3 years working, (scams or not), and that have given benefit to users those 2 or 3 years, for this reason and seeing that they are taking out their own altcoin, and that have little time to live, I thought that even if it was a scam, it would last several months and it could take profit.

and and for that reason, invest 100 dollars, barely 90 euros, a quantity with no effect on my economy. This was on October 11, 2018.

From the first day there are things that are rare for a company supposed to be real. The excess of advertising is alarming. I have done all the actions that allow you to earn your currency (download the app, publish on Twitter etc) and even so, every day they send me between 3 and 5 mails, suggesting I do it. In addition to the 3 or 4 messages in the chat with the same information. It is alarming that a company with the capacity to create an altcoin, does not have the capacity to detect, who has already participated in its advertising campaign or not. and they have only managed to give an image of desperation.

I am writing to you saying that in my family there are many people who want to participate, but we share the internet and ask what options I have. His response is that the moment they detect 2 accounts with the same ip, WLS delete the account and i lose without the right to recover or claim anything, everything I invested.

ok, I decide that only me, to see if this works or not.

first 24h ok, I receive money in my account. that is from the early hours of Thursday 11 to Friday 12.  at 01:00 in the morning on Saturday 12, when I had to receive my second 1%, the web failure. the profit section gave failures, it was frozen. all the time the message of "Getting accrual .." I wait until the next day to see if it changes and at 08:00 pm today I send you a message.

his answer consists of 2 parts. the first is logic, "we have detected the problem and we are working to solve it" I thought, what bad luck,no? the 1st day and something has to be ruined just when I enter ... haha

the problem is the second part of the answer, if is a real company, they should fire their director of marketing and image:

""Although at this moment we have technical difficulties, we encourage you to continue investing, you will be solved and you will receive the profit of everything you invest.""

seriously???  your website does not work and you want me to spend more money ???


This is my experience to date. As soon as I have more data, I will expand the information. trying to be fair and just put the real information of which is happening...

Hi every one,
Good day to all,

On my observation the Westland Storage can be an other scam like richmendberks.com earlier came. They also doing the same tech find the customers. Here they use WLS then in richmendberks they use RBD. Lots of people lost huge amount of money in that project and some of them gain a lot. they come up with perfect money or any other currency on investment first and after they add the investment in BTC after a few months they vanished in thin air. I hope same people behind this project. otherwise let them make an public appearance. and also let them do own seminar not to encourage the inverters to do the seminars.l Actually i don't know where these guys getting the certificates. Is that easy to build a fame like this we are struggling to build own company and having lots of formalities. this scammers how they manage it or they simply fabricate the data and look at the website wow rich look and well maintained.

I don't know. if i keep richmondberks in mind i will not recommend that.

Thank you very much guys.

Have a nice day to all.

Contribute some of your handwork to follow me more thank you.

Bitcoin:    1FLHxzPPmnESmmiz9V3mv4ZEx31iA4hUYf
Ethereum:    0xb4ebcc3327cfb52995d9f74ec2c111ae32fb3314
Litecoin:    LNiBAHEZ953CHuEMabsM1ZJK5BmyWU55aX
Dogecoin:    DBdPT4Gs5v3DrBE1AnzPJa6DCRuXa9X6HY

Hi guys,

I really like your theories. It's fun to read the nonsense you write.
In this way I want to tell the person who has "not received" a phone number of the company - Dude, did you know about google?  http://bfy.tw/KV2G
About the chat with the support/managers every day I had more than 20 chats ...
About the Withdrawal or WSL tokens...   :D :D :D :D
This is my profit from last day: http://prntscr.com/l9gmgt

If you want more information... I mean real information not only theories as written here, please let me know.
I use WLS from 1 week and for me is working...
Everything has its end, even a bitcoin, do not judge things before you try them.
And those who are afraid of bears do not walk in the woods.

Best Regards,

d2maper

the manipulation is clearly there, but if you want to see that the exchange is not a scam, you can see the volume in each altcoin moves or not, if not immediately avoid I am sure that the exchange will mislead you

Bitconnect is a bad experience for all of us here so if we see something similar like this we only think of Bitconnectcoin it will be alive in two or five months but after that, it will be another story because it's hard to keep with that interest rate on how the market is going right now.

Just for info...
Two more withdraw are success. http://prntscr.com/l9n4sr
I will leave talk to you, until I recieving my profit.

https://live.blockcypher.com/ltc/address/LY3vuUAMyfQHkBf2FtLhLNfm7qfHG4binK/
https://live.blockcypher.com/ltc/address/LPgRUEuDeXkPkj59Yw7tps1XhKZpgLoYPc/
https://live.blockcypher.com/ltc/address/LLMpMZyvwnfnzANtfTy9HadejvxheYMC2D/
https://www.blockchain.com/btc/address/33CrQQXeix8EeLqPLxgMrjQcy5RgEMsHd1
https://live.blockcypher.com/ltc/tx/b3101db0101d8def6e1273208dd2e6a281c6e6a1b9ee7e50117ab057b9842618/
https://live.blockcypher.com/ltc/tx/26aebe1c0dd9096343dac7c76ff7b9cf164142fafaa0b6f56d4587b52b03cb46/

https://live.blockcypher.com/ltc/tx/cd2508626eb47d0618d033e5311c5acc2215fa1d399f8211215d50d22c00cdb7/
https://live.blockcypher.com/ltc/tx/36cca7b4bbc993893391913a299bc1092181eb6e756cc539f18d138f3d777aa3/
 
From WLS to me.
If you need more proofs or information about the work or something else, please let me know.
If you wanna try it, I can help you to take 10% higher profit.

My links:
Ivestment: https://westlandstorage.com/investors?p=327377
Bounty: https://westlandstorage.com/bounty?p=327377

Best Regards,

d2maper.

Westland storage is a scam. It is the truest thing that I will never say.

Im from madrid, Spain, i enter in WLS 4 month ago, and to this day he has paid every day. that is true but ponzi-type scams also pay for a while until they stop paying.

reasons why WLS is a SCAM and you can check it yourselves:ç


1) in WLS web you can read "come visit us at our offices" But all the offices do not exist. The one of madrid, in fact they are the offices of "El corte ingles " a great commercial center for people with money, nobody has heard of any company that works with cryptomonedas not even by the zone. When we discovered this, we contacted youtubers and twiters from various parts of the world to do us the favor, and they all found the same thing. "the offices do not exist"  We decided to speak with WLS from one of the accounts, to ask if we could visit them, and they answered that they are only for personnel. When we asked why they encouraged people to visit their offices, they told us on their website that it should be a design flaw. when we told them that we had been physically in all, one or the other, they banned the WLS account from which we were writing, alleging Contract Violation.

2)All the people that appear on the website as workers are false, all of them have names of famous people, such as television actors or baseball players. None has a past, a life, or any data prior to the creation of the website. For the google information analysis department, which is a private service, of bigdata that some companies can access by paying, and which is dedicated to tracking information for many uses, it was impossible to find information prior to the creation of the web that match these people. (and it's google staff with google tools)

3)since they are registered in uk and according to the operation of the company they use the money to acquire real estate from which they then take profits, they are bound by the law of england to declare any activity, or source of income, every 3 months. The company to date has not declared activity. that is, they registered in the register of companies indicating that they exist as a company, but for everything else, it is a company that still does not work, and has no activity.

several people have filed complaints to the department of computer crimes in our countries to investigate, as well as a complaint to the tax department of England to be investigated.

The amount of advertising encouraging you to invest and make others invest is exaggerated. They encourage you to give lectures, saying that they give back 100% of the investment, but there are complaints in the network that this is not the case. In addition, the material they provide for these conferences does not give any information about the company, only the website and what appears on it.

in the blog that is inside the website they have commented that they have negotiated a couple of properties, important buildings. IT IS NOT TRUE. These buildings have never been for sale or have been bought by large real estate companies that know nothing about this company.


opinion: this company is a ponzi, use the money of those who enter to pay those who are already. If you put 300 dollars, they have to pay 100 people for 1 month. and so it goes adding the pyramid scheme, until they accumulate a large amount of money and close the matter.

Hello,

So, you say it's a scam and you have proof of that, right?
Please attach me a video that they do not pay you for a proof .. othery way you just talk like everyone else.
You have written a great theorem, but until you provide evidence you just make your mouth wind (If you know what I mean).
I prefer to believe myself, my eyes and the wallet where I already have over 50% return, instead of some unknown ...
About you can find a little part of my tx-ids for proof. What about you?
Your turn.

I really don't understand how people still invest in scam project like this..there is NO project that can handle a 1% or 0,5% daily gain guaranteed, expecially in this period!

i'd like to see more proof from you :) 10 days, no withdrawals. never-ending technical difficulties etc, 3 days ago they announced that they restarted withrawals but i didn't receive anything. thank god  it was just 8000 doge

Bitconnect creating big losses for their investor and make cryptocurrency market image bad. I dont know about westland storage project but if you think its like bitconnect, better stay away

Westland storage became scammers! Proof:1) My sponsor deleted her account from telegram & doesn't respond on the site chat. 2) Withdrawals are fake, the batch isn't tracking in the blockchain.

Just Hodl, guys

True, WLS became scam.
The good part for me is that I'm already over my invest.
So, these guys give fake batch's and there is same answers on every quetions.. "The withdrawals are okey, check your wallet"
"I make a request to our technical department" and few others.
1. They even doesnt have a technical department.
2. Who earn until now, earn..

I've heard of Westland storage too and even applied for their airdrops / bounty sometimes ago but did not follow it. I am not aware until now that they offer such ROI services. Well from my past experience, this is risky for me and would not even try it. Trusting your money with another entity is very hard nowadays.

westland not paying anymore...pls be aware..

For me, it looks like another good pozi scheme that is designed to make a long run so that it can make good and probably don't see it as a scam. But be careful. Showing the returns of 1 percent per day is too much already. I mean what users could fall on this trap. Be careful.

Westland storage is SCAM now. I have invested and lost.

BEWARE. DON'T INVEST IN SCHEMES LIKE THIS.

I wish there should be a seperate thread to list all other good projects really paying, so investors can follow only those listed there.

How many times awareness threads have appeared on this forum.

To invest in the shitty scam ico just like that would not be a recommended way. I guess westland should become the next target of the regulators and you have known where is it from and then you can take lawsuit against it.

I hate to say this is the first time i invested without doing much research and lost around $250. Not much but many have lost huge money i guess. But i don't think they care about their losses.

I hope some one capable of, can take a lawsuit against them.

I have a bad experience with Westlandstorage.com for their customer service and withdrawal times! Nothing yet, and i withdrawed ETH at 22.11.2018. now it's 27.11.2018!

0/5 from here to customer service, as they blocked me and my gf's accounts live chat, and they don't responde to my emails!?

-Jerry Leinonen/ Pureminer

Is a complete scam, not reachable anymore... thank god I have not put a penny there

Hi Everyone.

For whoever has been frauded by WLS you're welcome to join the WLS' victims community at t.me/west_landstorage
The community is trying to gather as many information as possible to report them at:
https://www.actionfraud.police.uk/

Since Mid November they have stopped paying and finally they've emptied their wallets. The stolen amount has been estimated to be more than 30 millions USD.

We have managed to block their site in order to stop scamming people; we know they started a twin project named WorldLandFunding which we managed to block as well.

For further info please join the group.
Cheers.

they must be punished

I'm really shocked how people can still believe in these fairy tales.  ;D Does anyone else believe that there is a business that is able to provide a stable 1% per day? and for a long time?  I earned in HYIPs, but I knew that sooner or later it would be a scam.

This is same as HYIP scam. Those who got their investment amount from the profit are safe. But late comers lost all money. Same theroy of HYIP.

This is also nothing different from SCAM ICO's. I got 200+ tokens as airdrop, out of which only very few are real working projects.

People loss their money everywhere. It is not easy to identify or prevent scams.

Over and out .. the site is not available today

hey all..
whats the last situation for WLS nowadays? its app doesnt work since two weeks maybe more and web page as well..
thanks odin, I was about to invest some fund

IT IS A SCAM AND I BELIEVE WE ARE NOT GOING TO GET BACK OUR MONEY.

Check here for more info : https://web.telegram.org/#/im?p=@west_landstorage

It looks like one more time is coming storm of ponzi schemes. This is another one with deposits in cryptocurrencies:

https://elirtex.com/

They offer even higher profit becauese 15%/week!

Another ponzi scheme, i think it will collapse soon, no ponzi scheme can last too long because the nature of it is scam.

Better to stay away from it if you don't want to lose your money.

Lol. Obvious scam is obvious. I'm definitely going to be forwarding this website to known scambusters on the forum. Eventually these types of scams will run out of people who are not educated on what a scam looks like. I mean at least that's the plan.

What about ChangePro.io ? I believe it is a SCAM. The website does not open.

Of course they are. I didn't even had thought they would go this long. It was lucky for the early investors but looking at its structure even a novice can tell its another bitconnect on making. Though they might not get to Top 5 cryptocurrency by marketcap but they too are making an effect.

I just published this article on the WLS scam, its a pretty comprehensive review of what happened:

https://coinclarity.com/spotting-a-scamcoin-westland-storage/

An update is I just learned from the Telegram support group (https://t.me/west_landstorage) is that Carl Owen, AKA CEO Matthew Boyd, was also a victim and is now working with U.K. authorities on the matter.

But give the article a read, you might find it informative, or at least entertaining.

YOU ARE SAFE NOW. INVEST IN CRYPTO.

HAHAHAHAHAHA.

HAHAHAHAHA.

HA.

See, this is a perfect example of a shill.

Never. Trust. Anyone. Do. Your. Own. Research.

Also: I told you so (https://medium.com/@BorisUlianov/westland-storage-a-clear-as-day-ponzi-scheme-41aebe2dfae1)

Hey there, just to let everyone know that the group of victims (around 700+ members) will soon file a lawsuit and several other actions across different jurisdictions against the crooks behind WLS.
Be aware that they are running another project called worldlandfunding.com.

For more info please join t.me/west_landstorage