Polish-registered recyclix.com is a Ponzi scheme and provably so. - page 4.

ompul

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That what have burnt were landfill of mixed waste that caused problems for local community for years. So it should be recorded as profit at balance sheet not as loss Wink

And this landfill were place where Recyclix brought visitors during open days: https://www.youtube.com/watch?v=KGlAC6rDz-8 and is owned by company "Eco Recykling" Brożek and not Recyclix.

And in Poland it happens often that landfill is on fire. Companies are paid when they receive waste, and if they recycle they loss. If there is a fire, it is profitable for them. As you can read it in Polish here: http://samorzad.pap.pl/depesze/redakcyjne.smieci/155743/Smieci-w-ogniu--Pozar-to-sposob--by-przedsiebiorstwo-pozbylo-sie-odpadow

Now near Żagan, where Recyclix made Open Days, we have another landfill candidate to burn in fire. http://gorzow.tvp.pl/29256796/kiedy-z-przedmiesc-zniknie-nielegalne-wysypisko-smieci Trucks of dangerous waste cames here from Western Europe, owner makes profits because is paid for each delivery but not adhere to environmental rules. Reporter from local branch state TV ends reportage with words "in the worst case scenario someone will set it on fire". That is how it works.

So if Recyclix claims that was their facility they should pay some additional money to their "investors" Grin

cryptodevil

legendary

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Thread-puller extraordinaire

Quote from: cryptodevil on February 28, 2017, 04:24:29 AM

Any users here aware of when and how they oh-so-conveniently amended their Terms to include the new 'Risk Sharing' clause?

Don't bother answering this, I've just proved they added that clause AFTER the fire which makes it utterly unenforceable:
This page is a copy from their website taken on 21st February. The fire was on the 14/15th Feb.

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The new clause requiring all users to share the risk of loss in a 'Force Majeure' condition, however, was surreptitiously added over a week AFTER the fire:

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So, no, Recyclix, nice try but you missed on that swing. You cannot enforce this clause and, therefore, you are not entitled to take from your customer balances.

cryptodevil

legendary

Activity: 2240

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Thread-puller extraordinaire

Buuuuuuut. . . perhaps not so expertly played after all.

It all comes down to when and how Recyclix changed the 'Terms of Use' User Agreement to include the, remarkably convenient, 'Risk Sharing' clause. You see, there are predominantly two types of user agreements:
https://termsfeed.com/blog/update-notice-legal-agreements/

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If users had to click on an 'I Agree' button or checkbox upon their next login following the inclusion of this text then it is more enforceable, albeit given Recyclix are operating a ponzi scam it may well be void anyway. But, if they were not specifically advised as to the changes and the updated agreement was simply posted to a page on the Recyclix website, then even a legitimate company would struggle to argue their case for its enforcement.
https://termsfeed.com/blog/update-notice-legal-agreements/

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Any users here aware of when and how they oh-so-conveniently amended their Terms to include the new 'Risk Sharing' clause?

cryptodevil

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Thread-puller extraordinaire

So here we are, every single current user of Recyclix is co-opted into paying for the 'profits' withdrawn from the scam before this 'force majeure' event. This, incredibly convenient scapegoat of a force majeure, is covered by the T&C's
https://recyclix.com/terms/

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BTW, these T&C's never used to contain this clause. Luckily they only recently updated it to go into so much more details about what would happen to customer funds in the event of a force majeure, otherwise their ass might not have been quite so covered following this totally-not-suspicious-fire which occurred shortly afterwards.

Oh and how Recyclix have made sure to explicitly call it such, too. Just in case their users start getting a little uppity about having their funds stolen by these scammers.
https://recyclix.com/news/recyclix-on-temporary-decline-in-production-capacity/

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Well played, Recyclix, well fucking played.

cryptodevil

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Thread-puller extraordinaire

Quote from: optimus608 on February 27, 2017, 04:14:47 PM

I think the things are very clear with Recyclix. Reading the most recent news from their website I can say only "how convenient!" It's a perfect excuse to delay withdrawals and implement limits to the users. Now a new "rule" is applied:

"...all Recyclix website users, who deposited before the fire on February 14th, 2017, will be divided into following categories:
1) Users who are in profit and with less than 33.3% revenue share
2) Users with 33,3% revenue share and in profit
3) Users with less than 33.3% revenue share or not yet in profit
Each group will be assigned a certain % of the waste quota decrease to balance the current waste capacity and operate smoothly during the recovery period, expected till June, 2017."

People already lost a part of their investments... just like that. The end is near.

The end already happened when people started reporting withdrawal problems several weeks ago.

Everything Recyclix has done since then has been about playing the game out.

Look at the carnage on their facebook page, everybody is fucked.

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But one pertinent point, in amongst the howls of protest, mentions the fact that users all 'agreed to be exposed to the risk' of loss:

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Borgminer

hero member

Activity: 758

Merit: 500

lol recyclix is so full of shit

Psilocke

newbie

Activity: 8

Merit: 0

They still working and looking a victims I mean customers.
There is a lot of people in polish net with opinion "yeah Recyclix is great". They have that opinion about every piramid, probably because they sit on the top.
And stupid and poor people belive to "make a million".
The bad news is there nobody do nothing with this and simillar "biznes".
Maybe when this die but company its not polish then polish law have nothing to do.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: optimus608 on February 27, 2017, 04:14:47 PM

the fire on February 14th, 2017

There was a fire? Where?

Edit: never mind, found it within seconds after I posted that

https://recyclix.com/news/recyclix-on-temporary-decline-in-production-capacity/

Apparently there was a fire in some landfill 2 weeks ago.

optimus608

newbie

Activity: 5

Merit: 0

I think the things are very clear with Recyclix. Reading the most recent news from their website I can say only "how convenient!" It's a perfect excuse to delay withdrawals and implement limits to the users. Now a new "rule" is applied:

"...all Recyclix website users, who deposited before the fire on February 14th, 2017, will be divided into following categories:
1) Users who are in profit and with less than 33.3% revenue share
2) Users with 33,3% revenue share and in profit
3) Users with less than 33.3% revenue share or not yet in profit
Each group will be assigned a certain % of the waste quota decrease to balance the current waste capacity and operate smoothly during the recovery period, expected till June, 2017."

People already lost a part of their investments... just like that. The end is near.

ompul

newbie

Activity: 33

Merit: 0

Due to "pending" payments there is a little panic at Polish forums concerning Recyclix. If this ponzi is down already or not yet, no one knows.

Crystal11

hero member

Activity: 528

Merit: 500

Quote from: Psilocke on February 27, 2017, 02:10:44 PM

Hi all.
Im living in Warsaw. Its not true Recyclix have any office on Solidarności 115.
IT also not true they have factory in Lomza.
If anybody want I can go on the weekend to Solidarności and make a video or photo how it looks.
Lomza its only 120 km from Warsaw that means 1-1,5 h in car. I can make photo or video from that "factory".

And yes this is a scam.

Sorry for my English Im not good in this language.
Take care all.

Hello my polish neighbor, greetings from romania

you don't have to go and film it, i believe you .

because, i know it's a HYIP just for the simple fact that a waste CAN'T BE RECYCLED FOREVER Cheesy

only on recyclix is possible Cheesy

Even toxic waste is processed few times until there is no high risk on it and the recycling/process stops anyways at a point.

Psilocke

newbie

Activity: 8

Merit: 0

Hi all.
Im living in Warsaw. Its not true Recyclix have any office on Solidarności 115.
IT also not true they have factory in Lomza.
If anybody want I can go on the weekend to Solidarności and make a video or photo how it looks.
Lomza its only 120 km from Warsaw that means 1-1,5 h in car. I can make photo or video from that "factory".

And yes this is a scam.

Sorry for my English Im not good in this language.
Take care all.

ReaLm85

member

Activity: 64

Merit: 10

Whatever I go away from this disinformation forum BYE BYE

blockcha1n

full member

Activity: 185

Merit: 100

I remember registering for an account there. But then saw it did not equal up so I just quit after one day of using it.
Now to see it was scam. I am not one bit surprised.
They can not sustain with out more people investing and that is recycling their money and that is only way they can survive is no way to survive at all. Undecided

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: ReaLm85 on February 24, 2017, 05:48:15 PM

Quote from: ricardosuperx on February 24, 2017, 05:04:42 PM

I have 2FA enabled since 2016 and always use the same BTC address for withdrawals. This week my payment is pending !!!!!!!! Support does not respond and it looks like Recyclix has collapsed ... SCAM! PONZI! SCAMMERS!

Many users have pending payment

The Scammers were in Brazil last week

The news is in Portuguese http://www.ourinhosnoticias.com.br/noticia.asp?cod=10376

On this week all staff members in Austria so you cant wait? No scam here. If u want to get your money, confirm your authentication first!!! Pending payments never be gone, its all normal process, wait they come back from Austria, and you get your money!!!! Its not first time when recyclix pays 1-2 weeks later from your order confirmation. So keep your mouth shut up and wait!!!

So the whole virtual office including all support people went on a road trip or something?

I'm still trying to understand how this makes sense to you, even if it somehow magically was true. Looks like you're just lying through your teeth due to your heavy bags. How much did you sink into this ponzi?

ricardosuperx

member

Activity: 109

Merit: 13

A positive attitude changes everything *_*

Quote from: ReaLm85 on February 24, 2017, 05:48:15 PM

Quote from: ricardosuperx on February 24, 2017, 05:04:42 PM

I have 2FA enabled since 2016 and always use the same BTC address for withdrawals. This week my payment is pending !!!!!!!! Support does not respond and it looks like Recyclix has collapsed ... SCAM! PONZI! SCAMMERS!

Many users have pending payment

The Scammers were in Brazil last week

The news is in Portuguese http://www.ourinhosnoticias.com.br/noticia.asp?cod=10376

On this week all staff members in Austria so you cant wait? No scam here. If u want to get your money, confirm your authentication first!!! Pending payments never be gone, its all normal process, wait they come back from Austria, and you get your money!!!! Its not first time when recyclix pays 1-2 weeks later from your order confirmation. So keep your mouth shut up and wait!!!

You fool !!!! I said that I have 2FA enabled since 2016 and always use the same BTC address for withdrawals ... Of course, I confirm the 6 numbers code from google authenticator and the email. I always did it! Always received correctly! But now Recyclix does not pay ... SCAMMMMM !!! I have a payment pending 5 days ago OK? many users have pending payment

ReaLm85

member

Activity: 64

Merit: 10

Quote from: ricardosuperx on February 24, 2017, 05:04:42 PM

I have 2FA enabled since 2016 and always use the same BTC address for withdrawals. This week my payment is pending !!!!!!!! Support does not respond and it looks like Recyclix has collapsed ... SCAM! PONZI! SCAMMERS!

Many users have pending payment

The Scammers were in Brazil last week

The news is in Portuguese http://www.ourinhosnoticias.com.br/noticia.asp?cod=10376

On this week all staff members in Austria so you cant wait? No scam here. If u want to get your money, confirm your authentication first!!! Pending payments never be gone, its all normal process, wait they come back from Austria, and you get your money!!!! Its not first time when recyclix pays 1-2 weeks later from your order confirmation. So keep your mouth shut up and wait!!!

ricardosuperx

member

Activity: 109

Merit: 13

A positive attitude changes everything *_*

I have 2FA enabled since 2016 and always use the same BTC address for withdrawals. This week my payment is pending !!!!!!!! Support does not respond and it looks like Recyclix has collapsed ... SCAM! PONZI! SCAMMERS!

Many users have pending payment

The Scammers were in Brazil last week

The news is in Portuguese http://www.ourinhosnoticias.com.br/noticia.asp?cod=10376

ricardosuperx

member

Activity: 109

Merit: 13

A positive attitude changes everything *_*

Quote from: cryptodevil on February 24, 2017, 05:23:52 AM

Quote from: ReaLm85 on February 24, 2017, 04:59:15 AM

You always blame recyclix? I think its not recyclix fault, its banks sucks.

Which part of that announcement sounds like their bank decided to stop non-SEPA withdrawals? This was a decision taken solely by Recyclix only two days after saying that it just needed users to provide up-to-date ID documentation for bank wire withdrawals.

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Why tell users that ALL pending non-EU wire transfers would also be cancelled? It is extremely unprofessional and highly suspicious for a company to impose a restriction which retroactively cancels the many legitimate withdrawal requests they already had received and for which they had only just advised that a suitable ID document would be sufficient?

As far as their claim goes, the bank hasn't banned Recyclix from making non-EU payments, Recyclix has simply decided they want to stop offering it. But why cancel ALL the outstanding non-EU bank transfer withdrawals that had already been requested?

It is unacceptable behaviour, but not surprising for a ponzi scam haemorrhaging money as the withdrawal requests stack up

.

I think at any moment they're going to run away.

ricardosuperx

member

Activity: 109

Merit: 13

A positive attitude changes everything *_*

Quote from: cryptodevil on February 19, 2017, 05:06:04 AM

The drop in incoming 'investor' deposits of new funds must be making it *real* hard for this ponzi to cover the increasing size of the withdrawal requests now, hence the prevalence of queries about incomplete transfers, blocked accounts and contradictory replies from the Recyclix scammers.

First up, we have the make-a-change-to-your-account-and-see-it-blocked-from-withdrawals-for-five-weeks functionality, for your benefit of course!

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Disappointing recyclix

Topic: Polish-registered recyclix.com is a Ponzi scheme and provably so. - page 4. (Read 95492 times)