Is Westland Storage the next BitConnect SCAM?

[dreamax25]

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

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[codetrasher]

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...

[emiko356]

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

[masteraccountcreator]

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

[qazgroup]

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.

[mukabokep]

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,

[Pecintabakso]

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.

[siddharta42]

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

[Teraboy]

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.

[cutehoof]

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.

[luckydevil2021]

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.

[Hexcolyte]

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.

[galaxiekyl]

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 ?

[galaxiekyl]

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 

[Shunyo]

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

[CoinsCatcher18]

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

[Ciucas]

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.

[andthereyou]

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.

[denis-z12]

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!

[LMGred]

Any news about the platform?