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Author Topic: Is Westland Storage the next BitConnect SCAM?  (Read 1420 times)
dreamax25
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May 22, 2018, 01:42:01 PM
Merited by Perunex (9), someonesomeone (5), nutildah (1)
 #1

Apparently, a new project named Westland Storage 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 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 Smiley

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codetrasher
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May 29, 2018, 09:45:32 AM
 #2

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...
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June 27, 2018, 04:23:12 PM
 #3

1% a day definitely sounds scammy... Do they give any explanation on HOW they achieve this?
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June 30, 2018, 12:16:24 PM
 #4

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

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July 01, 2018, 10:57:32 AM
 #5

For now I have tested with investment and 50% is on my account.
I am showing all my withdrawings on blog so everyone can follow and chek it for proof.

You can PM me for more information and I will send You a blog link with more data on this.
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July 01, 2018, 11:05:46 AM
 #6

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.

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July 01, 2018, 11:08:41 AM
 #7

there is one thing I've learned from an economics teacher, do not be lulled by big profits  Smiley 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,

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July 01, 2018, 11:17:26 AM
 #8

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.
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July 03, 2018, 03:18:15 AM
 #9

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

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July 03, 2018, 03:30:12 AM
 #10

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.


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cutehoof
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July 03, 2018, 03:35:42 AM
 #11

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.
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July 03, 2018, 03:39:59 AM
 #12

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.
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July 03, 2018, 03:59:47 AM
 #13

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.

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July 05, 2018, 03:22:33 PM
 #14

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 ?

Shop Crypto-monnaies-Service entiercement : https://bitcointalk.org/index.php?topic=1585136.0
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July 05, 2018, 05:00:04 PM
 #15

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.

and your self you take part  Cheesy Wink

Shop Crypto-monnaies-Service entiercement : https://bitcointalk.org/index.php?topic=1585136.0
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July 12, 2018, 04:33:41 PM
 #16

It sure looks like one, everyone wants a piece of the free money which everyone puts even after repeated examples.
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July 15, 2018, 11:16:34 AM
 #17

I have done some testing with WLS site and here I am presenting it for everyone who want to know more information about them.

Few weeks earlier I have written post here on this thread about WLS and I have invested 100EUR just for testing to see do they pay as they are saying.

Here are the stats:
Investment:
  1.   They are promising 1% daily on Your investement but over weekends only 0.5%
  2.   You are not able to withdraw Your investment at least 40 day after You invest
  3.   After 40 days You can withdraw only 50% of Your investment which means in start You can say „goodbye“ to Your 50% which You have invested
  4.   If You would like to withdraw earning, 1% daily, You need to wait until You have at least minimum earning. For example for BTC is 0.001BC.

WLS token
  5.   When You register You can do some steps to earn free WLS token
  6.   WLS token increase each day by 0.01% of total amount earned through steps after registration
  7.   WLS token You can hold until ICO is finished
  8.   WLS token You can withdraw as earning in BTC but also after You have enought for withdrawal(0.001 BTC)
  9.   You can earn more WLS if You have blog, Youtube chanel or instagram profile-there are conditions that must be meet to earn WLS.
  10.   You can earn more WLS if You make a conference and call people to it and spread word about WLS

Some facts I have tested until now:
  1.   I have asked for contract that is written on their page each customer is signed with them when registered. I never received feedback from them,
  over chat or over support(e-mail)
 
  2.   I have asked them to give me telephone number where I can contact someone to give me some answers about WLS. I could not get any telephone
  contact
  3.   I have asked for address to contact them over post because I am not receiving any information from them through e-mail, chat or telephone. I
  could not get any response from them
  4.   I have asked managers over chat to give me feedback when can I get any response to my questions. I never received any response from that
  manager

  5.   Over chat I have received information that in FAQ section I can read all informations and those are all information they can give me. If information
  I need is not on the FAQ page then I cannot get it
  6.   I have asked about ICO. When it will be held. Their answer is when company decides when enough investment has been made

Withdrawal

From all informations You have seen, it seems like SCAM. I have invested 100EUR for testing just to confirm is it true what they says on the page.
Because I am not able to withdraw all my investment I have decided to leave it running and withdraw profit each time I have chance just to be sure that I do not loose earning which I have received each day.

For now I have withdrawn over 70% of my investment and I hope it will reach 100% just to return all what I have invested.

I would not recommend this site.

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July 15, 2018, 11:50:57 AM
 #18

In my opinion, Westland Storage works on the principle of HYIP, and any HYIP sooner or later just closes!
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July 15, 2018, 12:03:43 PM
 #19

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.

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July 15, 2018, 12:10:07 PM
 #20

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.
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