Casino Junket Operator

[mirakal]

Yes, this is currently one of the most prominent news stories in the Philippines. This couple managed to amass hundreds of millions of pesos through their scam. They presented the casino junket as a legitimate operation, which, I believe, isn't in question. However, their activities, where they used the casino junket to attract investors despite not fully operating in the same way, raise a lot of red flags.

Here's the catch: when they offered a 5% monthly return, investors didn't seem to mind much about the inner workings of the business once they had invested. All they were concerned about was receiving that 5% interest income on a monthly basis. It's only when that income didn't materialize that they took action and filed a case against the individuals who had attracted them to invest. The big question now is whether the money can be recovered.

  This is why one has to be more careful when clicking links online, especially when the links has all this enticing offers, remember not all that glitter is gold. You might think oh yeah this is it, but you failed to put into consideration that money can’t be made easy. You have to go through risk and work to get to the reward. There are lot of Ponzi scheme companies hiding behind the name of betting or casino. We fall to this trap when we fail do our own research. Ignorance is a disease and can cause a lot of damage. There is always a red flag when you see a Ponzi scheme, but we turn on blind eyes cause of the fake promises promised by the said Ponzi system.
  We have seen in some case where investors losses their money and the company gone to extinction, it on rare cases the money can be recovered and this can be done with the help of the higher authorities. Depends on how much was stolen. And even when the funds are recovered, I doubt if you will get the exact amount you paid in the initial, you will rather get a compensation claim. A lot of people have fall victim to this type of scam if you ask they hardly get their money back. In other not  to be an example to this scandal, we ought to do our own research before making any moves of investing. Like wise they are lots of opportunities online they are also some that will break us if not properly followed.

This is different from online investment; it's more like an investment where recruiters are seeking potential investors to join the program. And of course, these scammers will try to sell them on the business and, most importantly, the kind of rewards they'll offer to the investors. What saddens me is that even OFW (Overseas Filipino Workers) who labor abroad to save money for their future fall victim to this type of investment.

Hopefully, those involved in these scams will be put behind bars, so future scammers will think twice when they see the government taking this issue seriously. Actually, this isn't the first time; there have been bigger scams before, if I'm not mistaken. Yet, there are still many people falling for these scams. It's as if they haven't learned from other people's mistakes or even their own.

[1714739409]

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[abel1337]

~snip

~snip

The one who collected the money or investment are social media influencers which has a huge followers, they keep flexing all their money on social media which attracted investors after these influencers offered an investment plan. Victims told the media that they suppose to get investment contract but instead they receive a loan contract turned to be a red flag. It's not a small amount but the people who invested are just blinded how good the offer is and also how good the influencer convinced the victims. There are victims that the source of money was casino junket after other victims exposed the social media influencers.

If thats the case then its clearly it was a scam since from the start. How people do get blinded about having signing up some loan contracts instead of investment contract if it was really that an investment?

It does really shows on stupid those people are and making investments blindly without even trying to dig out on whats the real deal that they are facing on, on which they are really just that too much focused on
getting those returns without even trying to look on what are those potential risks that they could face on.Its always been that a golden rule that everything that turns out too good to be true then its most likely a scam or definitely a scam but still there are really that those stupid people who cant really just resist even it is really that obvious that it is really that clearly something fishy with those.
Getting some huge % on a specific amount of time without doing anything? You should really be thinking up twice already because there's always a catch always in the end and this is something
that you should really be looking into.

You wont really be getting wrecked if you had just made yourself that wise when it comes to decisions and really that making use of your own common sense rather than on making
yourself getting blinded with those offers which are obviously that a scam attempt but people do really likes on losing money first before they would really be learning their
lesson on which this had been always the case.

The victims told that they trust those influencers with the reason of those influencers are rich and always flexing their toy collection and money in their socials. They are blinded with the possibility of they can also get rich along with those influencers but the sad truth is they really wont. I also think that they are blinded by the 5% return each month which they said is guaranteed, obvious red flag. It's just sad to see people are still getting scammed by this kind of investment scheme which is unsustainable if we view it long term. I hope with the trending topic of this scam incident in our country, my country man should be awake that not all investment are true even if it came from a person who has a lot of influence.

[dezoel]

I had not heard about it, though.
Thanks for giving the headsup on this scam accusation. I personally try to go and follow my instinct that 5% per day/month is definitely a scam.

The only cases I have seen myself are Ponzi schemes dressed up as betting platforms, where it is basically impossible to lose money and people get up 5% daily because partaking in false sportbetting in the ficional casino. In the end it is always the same, the money gets seized and the scammers withdraw it all towards their own private wallet. 

I have noticed that these days Ponzi schemes tend to be very camuflajed, so people will think they are actually doing investments, or betting, or buying precious metals from home.

Keep us updated when this scheme collapses.

There are lots of Ponzi and one of it is the one that you saw. I think its one of the effective because many of us believe that casino is a profitable business. We are forgetting the fact that losing is still possible and the operators can still run away with our money and as well as the bettor's money.

Maybe there are still some who are legit but maybe their return is not big as that 5 percent because they are also paying different expenses and sometimes a player can win huge too. Ponzi schemes needs to be very camouflaged so that they won't be detected easily. They are aware that people are getting knowledgeable about different scam schemes.

[blockman]

They are giving the guarantee to trust them because they're trusted personalities but they all intended to do is all plan their swindling against these investors that have trusted them their hard earned money. There's also wrong on these investors because they didn't do in depth research before investing into this dubious offer.

I agree, they uses their social media presence as influencers to lure their potential victims. But if you are into investments, there are a lot of red flags from the beginning. They are offering 5% every month? It's obvious a too good to be true offer. And then they started to flaunt their millions in front of the people, so many take it as a success and that they are really genuine.

True, if you've been investing in various assets, businesses and investments, you'll see the red flag on this one. Honestly, I didn't even know that they've been doing this for quite a while because it never came to me. My friends knew that I am into investing but when there's a red flag, I've been always frank with them and tell them in short sentences that it's an outright scam if it is.

But since they are well-known, the victims took their face value and trusted this two personalities. However, they suddenly disappear and still up to this day they claim that they are not scammers. They are now hiding out of the country, and it just sad that many lost in this unfortunate scam and people are not going to learn from previous scam investments in the country.

It's normal for a real scammer to deny that they are a scammer to confuse people. But we will see that these people will be served what they've done and will be fugitives and their worlds will become smaller.

[Oilacris]

I had not heard about it, though.
Thanks for giving the headsup on this scam accusation. I personally try to go and follow my instinct that 5% per day/month is definitely a scam.

The only cases I have seen myself are Ponzi schemes dressed up as betting platforms, where it is basically impossible to lose money and people get up 5% daily because partaking in false sportbetting in the ficional casino. In the end it is always the same, the money gets seized and the scammers withdraw it all towards their own private wallet. 

I have noticed that these days Ponzi schemes tend to be very camuflajed, so people will think they are actually doing investments, or betting, or buying precious metals from home.

Keep us updated when this scheme collapses.

There are lots of Ponzi and one of it is the one that you saw. I think its one of the effective because many of us believe that casino is a profitable business. We are forgetting the fact that losing is still possible and the operators can still run away with our money and as well as the bettor's money.

Maybe there are still some who are legit but maybe their return is not big as that 5 percent because they are also paying different expenses and sometimes a player can win huge too. Ponzi schemes needs to be very camouflaged so that they won't be detected easily. They are aware that people are getting knowledgeable about different scam schemes.

When those ponzi schemes and modus had been bust up then these scammers would really be coming up with something new or something that cant really be that detected or something that people havent been seen before and this one is really that making use of casino or trying to making it as a cover up and make people believe that it was really that legit until it exploded on the time that they cant really be able to pay up anymore. There's no such thing on this world would be giving out that 5% guaranteed interest on monthly basis. There's no such legit business or things that will really be giving out that kind of chance aside from those scam companies or groups or offerings.

This is why it would really be just that right that making use of your common sense and controlling your greedy side would be always recommended because it is really just that normal for a human
being to get interested whenever they do see something a good deal on which they cant really be able to earn somewhere neither on physical or online investment or offerings
and this what makes them easily get hooked up on the time that they've been able to meet or hear these good deals but sadly it is really just that a pure scam.
They might last for a while but there's always end to it when it comes that not sustainable anymore.

[Hispo]

I had not heard about it, though.
Thanks for giving the headsup on this scam accusation. I personally try to go and follow my instinct that 5% per day/month is definitely a scam.

The only cases I have seen myself are Ponzi schemes dressed up as betting platforms, where it is basically impossible to lose money and people get up 5% daily because partaking in false sportbetting in the ficional casino. In the end it is always the same, the money gets seized and the scammers withdraw it all towards their own private wallet.  

I have noticed that these days Ponzi schemes tend to be very camuflajed, so people will think they are actually doing investments, or betting, or buying precious metals from home.

Keep us updated when this scheme collapses.

There are lots of Ponzi and one of it is the one that you saw. I think its one of the effective because many of us believe that casino is a profitable business. We are forgetting the fact that losing is still possible and the operators can still run away with our money and as well as the bettor's money.

Maybe there are still some who are legit but maybe their return is not big as that 5 percent because they are also paying different expenses and sometimes a player can win huge too. Ponzi schemes needs to be very camouflaged so that they won't be detected easily. They are aware that people are getting knowledgeable about different scam schemes.

To me, it would not matter how big or successful a casino could be, It would be very difficult for me to accept they can give up to 5% in passive income to all their investors. It simply does not make sense, you know why?

Governments are supposed to be more powerful and have more money than casinos and the most powerful government on the planet is the government of the United States of America. They have a Treasury Bond program, so people can lend money to them and get passive income in return.

The occasions when the Bonds are in a high yield rate, they offer up to 3-4% yearly, not even per month... So there is no reason to believe a casino which is not even at the top within the industry, can offer more interest than the American government.  

It just take a minute to analyze, and yet there is still people who fall for it...

[bettercrypto]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

Yexel had already flown to Japan when he smelled or felt that he was going to be charged, so before he was given a hold of departure, he also took the lead. I don't even know why the casino junket was used to find a victim.

As far as I know, the investors will be given 5% per month with a minimum amount of at least $18,000 as the capital starter. It's like my understanding is that your junket money will be used to gamble; it's like that. When you agree, they will pay 5% interest. But no one eventually had a problem that after a few months the capitalists did not receive 5%, and I also think that no casino offered such 5% per month to investors; that's when they didn't realize it was a Ponzi scheme that he

[mirakal]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

Yexel had already flown to Japan when he smelled or felt that he was going to be charged, so before he was given a hold of departure, he also took the lead. I don't even know why the casino junket was used to find a victim.

As far as I know, the investors will be given 5% per month with a minimum amount of at least $18,000 as the capital starter. It's like my understanding is that your junket money will be used to gamble; it's like that. When you agree, they will pay 5% interest. But no one eventually had a problem that after a few months the capitalists did not receive 5%, and I also think that no casino offered such 5% per month to investors; that's when they didn't realize it was a Ponzi scheme that he

That's the usual scheme. In the first few months, they will give a monthly return to investors to make them feel inspired and encourage them to recruit other investors, promoting it as 'legit.' However, little do they know that the scammers already had a game plan in place, and an escape plan was ready before they even faced legal consequences. It's a typical scam that even some influential people in the community fall for. The combination of lack of knowledge and greed for money can be a dangerous mix.

[Fivestar4everMVP]

I had not heard about it, though.
Thanks for giving the headsup on this scam accusation. I personally try to go and follow my instinct that 5% per day/month is definitely a scam.

The only cases I have seen myself are Ponzi schemes dressed up as betting platforms, where it is basically impossible to lose money and people get up 5% daily because partaking in false sportbetting in the ficional casino. In the end it is always the same, the money gets seized and the scammers withdraw it all towards their own private wallet.  

I have noticed that these days Ponzi schemes tend to be very camuflajed, so people will think they are actually doing investments, or betting, or buying precious metals from home.

Keep us updated when this scheme collapses.

There are lots of Ponzi and one of it is the one that you saw. I think its one of the effective because many of us believe that casino is a profitable business. We are forgetting the fact that losing is still possible and the operators can still run away with our money and as well as the bettor's money.

Maybe there are still some who are legit but maybe their return is not big as that 5 percent because they are also paying different expenses and sometimes a player can win huge too. Ponzi schemes needs to be very camouflaged so that they won't be detected easily. They are aware that people are getting knowledgeable about different scam schemes.

To me, it would not matter how big or successful a casino could be, It would be very difficult for me to accept they can give up to 5% in passive income to all their investors. It simply does not make sense, you know why?

Governments are supposed to be more powerful and have more money than casinos and the most powerful government on the planet is the government of the United States of America. They have a Treasury Bond program, so people can lend money to them and get passive income in return.

The occasions when the Bonds are in a high yield rate, they offer up to 3-4% yearly, not even per month... So there is no reason to believe a casino which is not even at the top within the industry, can offer more interest than the American government.  

It just take a minute to analyze, and yet there is still people who fall for it...

Let's be frank here, not like it's not possible for some casinos to offer as high as 5 percent interest rate on investment to their supposed investors, but the truth of the matter is, such investments as this usually end up becoming a Ponzi scheme in the short of long term, depending on how long the casino is able to hold the system and keep it running.

We can confirm this from the staking system on some crypto exchanges today, some exchanges offer their users the ability to stake their coins on their system, and in return, they pay their customers up to 10, 20, 30, 40, and even 50 percent return on investment, this is absolutely insane and totally unbelieve, but i know this because i personally on one occasion have participated on one such stake program, they offered 50 percent return on investment, I went ahead to stake $440 worth of the altcoin they offered this staking on, eventually, till today, i am not able to withdraw my tokens , not even the profit, i learnt the hard way indeed.

[Hirose UK]

They are giving the guarantee to trust them because they're trusted personalities but they all intended to do is all plan their swindling against these investors that have trusted them their hard earned money. There's also wrong on these investors because they didn't do in depth research before investing into this dubious offer.

I agree, they uses their social media presence as influencers to lure their potential victims. But if you are into investments, there are a lot of red flags from the beginning. They are offering 5% every month? It's obvious a too good to be true offer. And then they started to flaunt their millions in front of the people, so many take it as a success and that they are really genuine.

True, if you've been investing in various assets, businesses and investments, you'll see the red flag on this one. Honestly, I didn't even know that they've been doing this for quite a while because it never came to me. My friends knew that I am into investing but when there's a red flag, I've been always frank with them and tell them in short sentences that it's an outright scam if it is.

But in my opinion all of this is dangerous for the assets we own or not depending on the place we use because not the majority of investment places will have the potential to commit fraud as you have discussed the same goes for gambling whether there is chance of detrimental fraud or not depends on where do you gamble and anyone who joins the casino for the affiliate program because large trusted casinos will only be filled by people with high level of trust or people with a good reputation.

But since they are well-known, the victims took their face value and trusted this two personalities. However, they suddenly disappear and still up to this day they claim that they are not scammers. They are now hiding out of the country, and it just sad that many lost in this unfortunate scam and people are not going to learn from previous scam investments in the country.

It's normal for a real scammer to deny that they are a scammer to confuse people. But we will see that these people will be served what they've done and will be fugitives and their worlds will become smaller.

Of course because no criminal will admit to his crime if fraudster tells the truth and admits to the fraud he committed then no one will believe him anymore.
After all he does all this to get money and whatever they will do so that at any time he can smoothly carry out every activity that is detrimental to other people but profitable for himself.

[btc_angela]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

Yexel had already flown to Japan when he smelled or felt that he was going to be charged, so before he was given a hold of departure, he also took the lead. I don't even know why the casino junket was used to find a victim.

That's too bad if the perpetuators had run off and go to Japan and hide. But I think they can workout with Japan so that they can catch this guy, maybe put him in the Interpol list so that he will become a wanted person.

As far as I know, the investors will be given 5% per month with a minimum amount of at least $18,000 as the capital starter. It's like my understanding is that your junket money will be used to gamble; it's like that. When you agree, they will pay 5% interest. But no one eventually had a problem that after a few months the capitalists did not receive 5%, and I also think that no casino offered such 5% per month to investors; that's when they didn't realize it was a Ponzi scheme that he

That is the trap, 5% monthly is too big in my opinion. Although it could involved big players and whales in the gambling industry, but still you don't have to trust if if the person is famous in the country. Hopefully big and expensive lessons learn, as there are a lot of scams going on around in the world right way. And we really need to be really think hard and just invest our money on legit or even go to crypto or even stocks not just to a person that will promise 5% returns every month.

[blockman]

But in my opinion all of this is dangerous for the assets we own or not depending on the place we use because not the majority of investment places will have the potential to commit fraud as you have discussed the same goes for gambling whether there is chance of detrimental fraud or not depends on where do you gamble and anyone who joins the casino for the affiliate program because large trusted casinos will only be filled by people with high level of trust or people with a good reputation.

It is actually risky, first when you don't know what it is. When you trust someone that you shouldn't trust and when you rely only on this type of investment. You're doomed to failure when you're one of those people that have been a victim of this scheme. Much better, not to rely to anyone, invest on what you know and avoid investments like this because most likely only VIPs or investors with huge funds gets to the actual connection and network of these junkets if ever one is legit in existence.

Of course because no criminal will admit to his crime if fraudster tells the truth and admits to the fraud he committed then no one will believe him anymore.
After all he does all this to get money and whatever they will do so that at any time he can smoothly carry out every activity that is detrimental to other people but profitable for himself.

There can be a twist on this one, two have been known which was the couple that have victimized a lot of people. What if there are also their connections that are just hiding in their wings and not known to the public yet they can't expose.

[slapper]

~snip~

When those ponzi schemes and modus had been bust up then these scammers would really be coming up with something new or something that cant really be that detected or something that people havent been seen before and this one is really that making use of casino or trying to making it as a cover up and make people believe that it was really that legit until it exploded on the time that they cant really be able to pay up anymore. There's no such thing on this world would be giving out that 5% guaranteed interest on monthly basis. There's no such legit business or things that will really be giving out that kind of chance aside from those scam companies or groups or offerings.

This is why it would really be just that right that making use of your common sense and controlling your greedy side would be always recommended because it is really just that normal for a human
being to get interested whenever they do see something a good deal on which they cant really be able to earn somewhere neither on physical or online investment or offerings
and this what makes them easily get hooked up on the time that they've been able to meet or hear these good deals but sadly it is really just that a pure scam.
They might last for a while but there's always end to it when it comes that not sustainable anymore.

Ponzi schemes, frauds, and deception keep developing, right? Now covering up with casinos? The idea is clever but misguided. I've seen a lot, especially in amusing online gaming. That place is wild. Attracted by the lights and promises, people assume, "This is it! This is my big break!" However, it is not

Guaranteed 5% monthly interest? Come on, folks! No such thing exists. No legitimate online or physical firm would offer that. enormous, enormous trap. You're right—controlling greed requires common sense. People jump at great deals without considering. How about scams? They fade. They cannot. Though briefly bright, they'll fall and burn. Remember, if it sounds too good to be true, it generally is

[Webetcoins]

Let's be frank here, not like it's not possible for some casinos to offer as high as 5 percent interest rate on investment to their supposed investors, but the truth of the matter is, such investments as this usually end up becoming a Ponzi scheme in the short of long term, depending on how long the casino is able to hold the system and keep it running.

We can confirm this from the staking system on some crypto exchanges today, some exchanges offer their users the ability to stake their coins on their system, and in return, they pay their customers up to 10, 20, 30, 40, and even 50 percent return on investment, this is absolutely insane and totally unbelieve, but i know this because i personally on one occasion have participated on one such stake program, they offered 50 percent return on investment, I went ahead to stake $440 worth of the altcoin they offered this staking on, eventually, till today, i am not able to withdraw my tokens , not even the profit, i learnt the hard way indeed.

Actually, casinos these days don't provide such things, they don't accept investments from individuals, it was old times when casinos used to accept investments in their bankroll and used to pay a small percentage of commission to the investors every month based on the percentage of their investment within the pool, but nowadays, casinos have made things very clear, you either gamble with them, or use their affiliate programs to earn commission.

That's why, if a casino platform offers something like that, it's most probably to lure in more gamblers and maybe scam them out of their money because it's definitely not possible for casinos to offer 5% return every month for investments because it's not a bad deal at all and everyone will opt in for such an offer.

[Findingnemo]

Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

They are not paying from their own pocket, they may already have partnered with the casino, and a particular amount of the wagered amount or lost amount will be shared with the one from whom they are gonna keep making profits as long as the player who used their referral to register and play there.

I don't remember any crypto casino or legitimate casino review offer such investment schemes with fixed returns because its easy to find that its just a scam.

[mirakal]

Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

They are not paying from their own pocket, they may already have partnered with the casino, and a particular amount of the wagered amount or lost amount will be shared with the one from whom they are gonna keep making profits as long as the player who used their referral to register and play there.

I don't remember any crypto casino or legitimate casino review offer such investment schemes with fixed returns because its easy to find that its just a scam.

It's highly unlikely that any reputable casino would risk its reputation by offering such an investment opportunity. It's often too good to be true, which could compromise their operations. This investment scheme wasn't even widely known or popular until it was exposed. They didn't target a large number of people; only a few individuals got involved because the minimum investment was, I think, Php 200,000 or roughly around $3,600 each. For the average investor, that's a substantial amount of hard-earned money. Those OFW investors aren't likely to move on easily from their losses.

[Distinctin]

Let's be frank here, not like it's not possible for some casinos to offer as high as 5 percent interest rate on investment to their supposed investors, but the truth of the matter is, such investments as this usually end up becoming a Ponzi scheme in the short of long term, depending on how long the casino is able to hold the system and keep it running.

We can confirm this from the staking system on some crypto exchanges today, some exchanges offer their users the ability to stake their coins on their system, and in return, they pay their customers up to 10, 20, 30, 40, and even 50 percent return on investment, this is absolutely insane and totally unbelieve, but i know this because i personally on one occasion have participated on one such stake program, they offered 50 percent return on investment, I went ahead to stake $440 worth of the altcoin they offered this staking on, eventually, till today, i am not able to withdraw my tokens , not even the profit, i learnt the hard way indeed.

Actually, casinos these days don't provide such things, they don't accept investments from individuals, it was old times when casinos used to accept investments in their bankroll and used to pay a small percentage of commission to the investors every month based on the percentage of their investment within the pool, but nowadays, casinos have made things very clear, you either gamble with them, or use their affiliate programs to earn commission.

That's why, if a casino platform offers something like that, it's most probably to lure in more gamblers and maybe scam them out of their money because it's definitely not possible for casinos to offer 5% return every month for investments because it's not a bad deal at all and everyone will opt in for such an offer.

You're absolutely right. In the past, there were casinos that accepted investments, but they were mostly dice casinos. It was easy to invest – you could deposit and withdraw your funds at any time. One that comes to mind is SafeDice, but it seems that this site has also ceased operating. It's possible that such platforms faced issues and scam gamblers, resulting in the unavailability of funds for withdrawal.

Today, casinos tend to have private investors because they require a substantial capital that needs to be committed for an extended period. It's a far cry from the past when anyone could invest and divest at any time, which might not have been helpful for the casinos.

However, this topic is slightly different since we're discussing casino junket operators, as explained already in the post above.

[arwin100]

Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

They are not paying from their own pocket, they may already have partnered with the casino, and a particular amount of the wagered amount or lost amount will be shared with the one from whom they are gonna keep making profits as long as the player who used their referral to register and play there.

I don't remember any crypto casino or legitimate casino review offer such investment schemes with fixed returns because its easy to find that its just a scam.

It's highly unlikely that any reputable casino would risk its reputation by offering such an investment opportunity. It's often too good to be true, which could compromise their operations. This investment scheme wasn't even widely known or popular until it was exposed. They didn't target a large number of people; only a few individuals got involved because the minimum investment was, I think, Php 200,000 or roughly around $3,600 each. For the average investor, that's a substantial amount of hard-earned money. Those OFW investors aren't likely to move on easily from their losses.

Provably not since they might destroy their reputation built for years for offering that thing since we provably know how those things end up especially that the return they promise is so big and this type is not sustainable in long term since it will collapsed when there's no one will gonna invest some amount since majority is already done recruiting. The scheme they made is not really popular since no people notice that what they do exist and it just blow up when some investors come to a media practitioner telling that they had been scam by this famous personality and everything has been exposed. This is hot topic on social media now and everyone is waiting for the update regarding this case since this is big syndicate that needed to destroy since if no one will get caught on those criminals it means that justice system in Philippines is so bad since they can't captured those well known guys since they able to escape and enjoy out of the country.

[Findingnemo]

Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

They are not paying from their own pocket, they may already have partnered with the casino, and a particular amount of the wagered amount or lost amount will be shared with the one from whom they are gonna keep making profits as long as the player who used their referral to register and play there.

I don't remember any crypto casino or legitimate casino review offer such investment schemes with fixed returns because its easy to find that its just a scam.

It's highly unlikely that any reputable casino would risk its reputation by offering such an investment opportunity. It's often too good to be true, which could compromise their operations. This investment scheme wasn't even widely known or popular until it was exposed. They didn't target a large number of people; only a few individuals got involved because the minimum investment was, I think, Php 200,000 or roughly around $3,600 each. For the average investor, that's a substantial amount of hard-earned money. Those OFW investors aren't likely to move on easily from their losses.

Bustadice still offers bankroll investment feature, which you can see below



But they are not guaranteeing any profits like mentioned here, they clearly stated whether its profit or loss will be shared among all the investors which is the actual way for investment to work.

[carlfebz2]

Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

They are not paying from their own pocket, they may already have partnered with the casino, and a particular amount of the wagered amount or lost amount will be shared with the one from whom they are gonna keep making profits as long as the player who used their referral to register and play there.

I don't remember any crypto casino or legitimate casino review offer such investment schemes with fixed returns because its easy to find that its just a scam.

It's highly unlikely that any reputable casino would risk its reputation by offering such an investment opportunity. It's often too good to be true, which could compromise their operations. This investment scheme wasn't even widely known or popular until it was exposed. They didn't target a large number of people; only a few individuals got involved because the minimum investment was, I think, Php 200,000 or roughly around $3,600 each. For the average investor, that's a substantial amount of hard-earned money. Those OFW investors aren't likely to move on easily from their losses.

Provably not since they might destroy their reputation built for years for offering that thing since we provably know how those things end up especially that the return they promise is so big and this type is not sustainable in long term since it will collapsed when there's no one will gonna invest some amount since majority is already done recruiting. The scheme they made is not really popular since no people notice that what they do exist and it just blow up when some investors come to a media practitioner telling that they had been scam by this famous personality and everything has been exposed. This is hot topic on social media now and everyone is waiting for the update regarding this case since this is big syndicate that needed to destroy since if no one will get caught on those criminals it means that justice system in Philippines is so bad since they can't captured those well known guys since they able to escape and enjoy out of the country.

There's no business that would really be able to sustain on giving out 5% monthly even if it means that there would really be investors into it. There's no such thing about guarantees and this is why these type of schemes is really that been known. We dont really have that full idea on how Casino Junket operator do operates on which if ever they are true then it might really not really that giving that 5% guaranteed on every month.If the said scammer would really be offering such guarantees and able to give payout or return on monthly basis which is common on ponzi schemes then tons of people would really be able to believe.
The amount had been accumulated is never been that small on which that there are tons who had been fall out with this kind of thing. When people would really be able to learn?
We do have so much similar schemes back in the past but this one might turn out to be unique since its a new word for us but in overall system then its just pretty obvious that it is a ponzi but still people
do continue to get victimized.

About those letting those scammers do fly in other countries then they had already that get prepared for that.As long there would really be no warrants or charges that they are facing on
then they would really be taking the advantage that they will really be going out in the country on which it is that hard for them to be hold on. If ever that case would be proven guilty
then it cant be sure that they would really be that get imprisoned.