Elousdt.vip - Ponzi scheme

[tvplus006]

What happened: Ponzi scheme
15% PROFIT DAILY
Scammer realizes that he is advertising a ponzi scheme, which he reports in his message, realizing that it may close soon.

Flag type 1 (support/oppose): https://bitcointalk.org/index.php?action=trust;flag=3309

Thread Link: https://bitcointalk.org/index.php?topic=5498676.0
Archived: https://archive.fo/LLyI8
Scammer Profile Link: https://bitcointalk.org/index.php?action=profile;u=3635431
Website: https://elousdt.vip/
Archived: https://archive.fo/rEgrB

[albon]

Despite it being an obvious Ponzi scheme, these scammers have used an image from an old Elo Touch Solutions team event, whose official website is elotouch.com, attributed it to their team, and put it on their scam platform. Additionally, all the information they provided about their company profile, claiming it was founded in 1916, is false and misleading, just like the withdrawal proofs they posted in their official forum thread solely to mislead, deceive, and lure investors into their trap.



Thank you, tvplus006, for your efforts; I will support the flag now.

[tabas]

Despite it being an obvious Ponzi scheme, these scammers have used an image from an old Elo Touch Solutions team event, whose official website is elotouch.com, attributed it to their team, and put it on their scam platform. Additionally, all the information they provided about their company profile, claiming it was founded in 1916, is false and misleading, just like the withdrawal proofs they posted in their official forum thread solely to mislead, deceive, and lure investors into their trap.

Not that they're just a ponzi but also trying to make people believe that with probably all of those grabbed photos and stuff, they're seriously trying to get a lot of people into the pit of scamming them. While many of us learn how these schemes goes, these scammers always targeting the people that are ignorant about them and not yet aware of the signs of them being a scam. Thank you OP for sharing this and I hope that no person from here and outside will be victimized by these cons.

[JollyGood]

I wish these types of scams that guarantee a daily profit wold disappear. They are one of the oldest tricks in the book yet the reason why they keeping popping up is because they are extremely successful. If the scammers were not making money they would be trying something else.

Unfortunately, when gullible people see the words such as "daily profit" they can make a mistake and send their funds to scammers.

What happened: Ponzi scheme
15% PROFIT DAILY

[robelneo]

What happened: Ponzi scheme
15% PROFIT DAILY

Very rarely do I encounter one of the team admit that they are a Ponzi scheme. They always deny that they are, but they have a new strategy and that is being straightly honest and even giving a guide on how much to invest so you can make a profit.

But we all know that they will only give 10% of what you deposit but if you have a lot of investing referrals that's when they will allow you to continue to withdraw your seed investment until they have enough money to shutdown their platform.

[coin-investor]

The platform is now down, but the promoter is somewhat honest, The Ponzi scheme works like that, once they launch they do massive marketing once the investment comes in they take the cost and the profits and allocate a portion for withdrawals.

Now they will do selective scamming if you're a promoter and you are getting referrals they will let you withdraw continuously.

They will only shut the platform if they are reported or no more funds are coming in, the advice is a new strategy they want you to deposit a small amount because they will shut the site down before the estimated profit.
And the warning of course they want you to think that they care and want you to make a profit.

[TheUltraElite]

Unfortunately, when gullible people see the words such as "daily profit" they can make a mistake and send their funds to scammers.

This will never stop because those who are spreading their affiliate links are getting something between 5-10% on an average per deposit from what I have seen on such sites. So they have the objective to spread it as much as possible in order to get paid well and make their time worth the money.

Unless this sick mentality of profiting from another individual's loss stops, this will also not cease. The former will stay as long as humans exist.

Flag supported from my end. Even if the site goes down, the one promoting it needs to learn a lesson.

[aioc]

In the past, I've seen Ponzi scheme operators deny that they are running a Ponzi scheme as they have products and services to back up their investors' payout. Is this a strategy that admits they are indeed a Ponzi scheme because the old approach of defending will not work anymore?

If a platform admits that it's a Ponzi scheme and you still proceed to invest, the joke is on you, or you are unaware of how a Ponzi scheme works.

[Potato Chips]

In the past, I've seen Ponzi scheme operators deny that they are running a Ponzi scheme as they have products and services to back up their investors' payout. Is this a strategy that admits they are indeed a Ponzi scheme because the old approach of defending will not work anymore?

If a platform admits that it's a Ponzi scheme and you still proceed to invest, the joke is on you, or you are unaware of how a Ponzi scheme works.

Haha it can be a strategy.

I know there are actually folks who invest in ponzis knowing it's a ponzi. Their reasoning is typically because ponzis tend to pay those who got in early so this scam could be targeting those kind of folks. It's a flawed reasoning and extremely risky IMO as we don't know what's an okay amount for scammers to exit. They could always do it couple of hours later for instance.