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Topic: [2015-04-04] CD: Bitcoin Alternative LEOCoin Linked to Suspected Pyramid Scheme (Read 680 times)

legendary
Activity: 3766
Merit: 1217
wow, they used different parts of so many different "schemes" to create this mega scheme

lol... these people were too lazy to invent a ponzi of their own. They just stole the ideas from other people. The biggest tragedy is that even after all this, people were ready to invest with them.
sr. member
Activity: 252
Merit: 250
Similar news from CNBC

LeoCoin - Bitcoin alternative caught in 'pyramid scheme' storm

http://www.cnbc.com/id/102565765
hero member
Activity: 588
Merit: 501
wow, they used different parts of so many different "schemes" to create this mega scheme
legendary
Activity: 2170
Merit: 1427
If something looks too good to be true, then it probably is....

It's so easy to set up something and earn(steal) a huge amount of money in a very short time.

The Dubai launch video in the article is hilarious. I wonder what their compensation was for showing up there   Cheesy
legendary
Activity: 1442
Merit: 1016
C'mon! That was highly to be expected. I mean just look their faces. Crook mugs I see here!
legendary
Activity: 3766
Merit: 1217
Here comes another one  Huh

http://www.coindesk.com/bitcoin-alternative-leocoin-pyramid/

Quote
The latest bitcoin alternative to garner media attention, LEOCoin has so far trumpeted the more than 130,000 merchants that have allegedly signed on to accept it as payment. This claim, the headlines assert, suggests that LEOCoin is quickly gathering interest from an international community. However, representatives of the project have for more than a week been unwilling to provide support for these statements.

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