[Expose] Autocash.live Ponzi Project

[Leviathan.007]

Description:
This website is offering hype investment plans to investors from 14 to 23 percent hourly. They pretend to be 'officially registered in the United Kingdom' in order to attract people's trust and get more victims into the trap. Also, they offer a 3 to 15 percent referral commission to the users who invite other people into this website.





Reference Link:
Autocash.live

WhoIs info:
https://whois.domaintools.com/Autocash.live
Created on 2021-07-27
Expires on 2022-07-27
Updated on 2021-07-27

Payment Method:
Bitcoin, Ethereum.

Archive:
https://archive.is/7mnIi

Additional Notes:
In order to take down this project please report the website to their registrar (In this case namesilo). Here is a little guide about how to report the scammers to their registrar: https://bitcointalk.org/index.php?topic=5281378

[Kong Hey Pakboy]

Done my part reporting the website, hopefully no one has fallen for this Ponzi schem because that just means that the scammers takes the win which ends up with them already alright abandoning the project and at the same time they can start another scheme on a different name.

[WePiggy]

Looks like a standard Ponzi scam website. Some lucky punters will put some money in at the beginning and actually make some coin, while others who join late will inevitably end up being scammed when the website suddenly closes and all social media accounts close. Then they come here and see it has already been reported as a scam site!

[bL4nkcode]

Done my part reporting the website, hopefully no one has fallen for this Ponzi schem because that just means that the scammers takes the win which ends up with them already alright abandoning the project and at the same time they can start another scheme on a different name.

That's the reason, why I don't report ponzi websites since its easy for them to make a new one like they don't bother whether some of their websites got suspended.
And I thought most newbies know what ponzi is and should be avoided that's why I only report phishing websites which can still fool people esp. newbies. But still thanks for reporting though it could still help.

[shasan]

So, if anyone invest on this project then the person will get more than double within a day. There is no certain business who can offer 10% per day. So, the person who will invest in this project is noting but a cowboy.

[savetheFORUM]

Somehow I feel these threads act more as an advertisement for the ponzi schemes than a warning for users. If someone actually invests in 20% hourly, I can't imagine they don't know it's a scam.

[TheUltraElite]

Somehow I feel these threads act more as an advertisement for the ponzi schemes than a warning for users.

Two different ways at looking at things. Me for example makes sure to look out for juicy information on these sites and post them all on the thread so anybody reading them will also read that and hence get a more in-depth idea as to why the site might be a scam.

If someone actually invests in 20% hourly, I can't imagine they don't know it's a scam.

Suppose you are a newbie who has entered into crypto. You know that bitcoin rose from 100$ at one time (good old days) to a 20k $ in a few years. Now someone messages you telling that they know how to make money like this rise of bitcoin and asks you to send your coins to this site. The average old aged tech-scared users will think this to be a jackpot and therefore send their money into the scam.

It seems simple and foolish, but it works. I remember how in older days scams used to say about few sats being trickled out of the network and those accumulated could make a lot of money and said that to be the reason why their "cloud mining" could make money. Such crackpot theories are enough to make a fool out of any tech-scared user.

[qwertyup23]

Somehow I feel these threads act more as an advertisement for the ponzi schemes than a warning for users. If someone actually invests in 20% hourly, I can't imagine they don't know it's a scam.

While I do respect your opinion, I do disagree with your statement.

Remember that this forum has lots of traffic from people who are not even a member in this forum. Supposing that they are curious about a certain project, they can utilize the search bar function and search the said ponzi project. If they happen to see that someone reported it, it would definitely help them avoid investing into it.

That is why, I find posts like these useful not only to veteran members but also to newbies as well. In addition, all of us started as newbies and seeing projects that offer high returns can trick us.

[Kittygalore]

Why do these Ponzi projects make it more obvious that they are a Ponzi scheme overtime? Last time these schemes pay monthly the earliest and now it's not even a day? That just makes them much easier to be caught and tagged, thank you Ponzi scheme creators, you just made it much easier for people to know that something is fishy in your operation.

[Furious 7]

Somehow I feel these threads act more as an advertisement for the ponzi schemes than a warning for users. If someone actually invests in 20% hourly, I can't imagine they don't know it's a scam.

While I do respect your opinion, I do disagree with your statement.

Remember that this forum has lots of traffic from people who are not even a member in this forum. Supposing that they are curious about a certain project, they can utilize the search bar function and search the said ponzi project. If they happen to see that someone reported it, it would definitely help them avoid investing into it.

That is why, I find posts like these useful not only to veteran members but also to newbies as well. In addition, all of us started as newbies and seeing projects that offer high returns can trick us.

It's true it's not just about promoting ponzi schemes and I think it's clear on the right board put this thread with a description that has been written to be aware of it about ponzi schemes and for me this is very useful for others especially beginners, even if they don't come here but at least the veterans have shown this thread how bad the ponzi schemes are invested in then they will definitely tell you to avoid it.

With more threads about catching ponzi schemes but we at least those who already know will report the site so it will be deactivated soon maybe that's to be expected.