Topic: Casino Junket Operator - page 5. (Read 636 times)

2 months ago I saw on YouTube, channel owners who had a lot of followers being paid by a certain casino so that these channel owners with a lot of followers started promoting the casino, the strangest part I saw was that the guys on YouTube They said that when people put money in the casino they would receive dividends every month, so many people started depositing money in the casino in the hope that they would receive dividends every month, as a month has 30 days, so when people deposited money at the casino, they leave the money in the casino account and wait for 30 days for dividends to be paid, but it turns out that after 30 days

people didn't receive any dividends, so they started trying to make withdrawals, but they couldn't because the system told them that they had to fulfill the wagering requirement, as people didn't know anything about casino, they got in touch with support, who told them I told them to place a bet if they wanted to make withdrawals, with great naivety people placed bets and lost everything, then many of them started crying on social media, then the guys who own YouTube channels deleted the videos that said people would earn dividends when they placed money in the casino

and they start posting videos in which they say that people should play responsibly and that gambling does not give guaranteed profits, in other words, the guys on YouTube received a lot of money from the casino to keep lying to people, something sad and shameful, so The case ended up in court, but the casino has a Curacao license, no one knows the real identity of the casino owner, so the court has no way of arresting the casino owner.

This scam scheme just recently exposed to the media due to the tv program and strong social media but this exist long time ago and very popular on reddit. Junket operators is way of foreign money launderers to mix money from investors money on this operators. There’s tons of complaints and reports like this in the past which doesn’t go out to the public because they are being paid or force to a long term contract by the operators in exchange for the promised profit.

There’s really a legit Junket operator but this one is not because it’s a clear ponzi due to the “guaranteed” promise. Too bad that the master mind of this scam scheme is on abroad while all the contracts is not made by him in person so he can get away while the person in charge in PH is the one who will put behind the jail.

Some parts of the link you provided is written with native language so  none native speakers can not understand the whole message but that is not withstanding. Their work and referral workers are similar. Those junket operators are part of the company, and as the article from the link said, their are legit ones and the Ponzi schemes use the legitimate ones as cover up to scam people. Casinos use to share their links and invite, influence and convince some big men to visit the casinos site and I'm most case they use the link to create the sign up so that the referral link payment will directly go to their accounts. Well this days I am not seeing them again. And I believed they are planning another strategy to laugh so they can defraud innocent people. Scammers move as group, so when they are convincing someone they will refer you to one another making the thing look legit while it is a Ponzi scheme.

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.

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.