Topic: Polish-registered recyclix.com is a Ponzi scheme and provably so. - page 9. (Read 95492 times)

Thats right. And at some point when I guess that they didn't have funds to pay everybody they started telling that because of a maintainance withdrawing from now will take some time because a manuall approvement is needed,few weeks later they ran out with the money.

You mean they are making bitcoin payments at BTC/$ exchange rates $100 better than market price? If that is the case then the only reason I can imagine they would be doing such a thing would be to try and get bitcoiners to believe they can game the system and treat it like an exchange, thereby causing more deposits to come in, something they desperately need to keep the scam running.

They wouldn't be offering that rate if they didn't have to, put it that way. They are wily enough bastards to know damn well what they are doing and they sure as shit wouldn't be that far off market price by mistake.

"It's a trap!" - Admiral Ackbar

Not only this,they claim to be the best investing site on 2016.
Another thing that is weird on the site that they offered bitcoin cashouts at a huge rate,100$ more then the current spot price which is pretty weird as it can show that at the long run they will not be able to make any profit.

It is just another means by which they seek to pretend to be legitimate, through receiving 'awards' which their 'investors' believe proves them to be legitimate. I mean surely an industry award wouldn't be given to scammers, right?


Unless the scammers in question really *need* this sort of thing and so call on their devoted flock of followers to click through to their exhibition profile and even to register for the event with no means of getting there.

I don't imagine any of the, actually legitimate, businesses attending that expo have the kind of network-marketing resources to call on both their customers and their own social-media shills to get the numbers up and qualify for that award. It probably isn't something that a legitimate exhibitor at that event has any real need to pursue, unlike Recyclix, who are a ponzi scam waiting to collapse and desperate to keep fooling their current 'investors' while also scrabbling around to get new deposits coming in to cover the withdrawals going out.

"Recyclix was named the winner of the SES award that is given yearly to the best, most interesting, and most popular stand at Solids Basel."

****

The SES Award winner is chosen according to a combination of the following criteria:

The number of page views of the exhibitor’s online profile
The number of product information items uploaded
The number of visitors who pre-registered using the exhibitor’s personal registration link

(http://www.easyfairs.com/industry_21498/solids-european-series_24066/interested-in-exhibiting_51543/ses-award_53723/)
****

They are pretty smart and have guts. I can imagine that when this ponzi collapse they will not go to jail but would be hired by Goldman Sachs ;-)

3000 of film waste . whats film waste ?

So the fraudsters at Recyclix are promoting the booth they have rented for the 'Solids, Basel' fair where they hope to fool even more people into thinking they are a legitimate recycling/investment platform, no doubt.

The thing is, and this is where the numbers make fools of the scammers themselves, they have so many victims 'investors', they have this little problem of the fact their claimed production rates have to at least pretend to look like they are capable of producing the amount of recycled plastic needed each month to equate to, not just the same amount of money being paid in by new deposits, but also the bullshit 'compound profit' increase being created every single time an 'investor' completes a cycle and 're-invests' it in a new cycle.

So when they make statements like:

They have to also ensure they post something to imply they have the production capacity for "hundreds of thousands . . .actively involved in our recycling business endeavours"

So, if we take from that claim a conservative figure of 100,000 'investors' who believe Recyclix to be processing plastic waste on their behalf and, just for funzies, pretend they only have €20 of waste plastic per person, that equates to €2,000,000.00 of plastic waste needed to be processed in one month.

Even at the €150 per ton post-cycle sale price (https://recyclix.com/calc/index/) that equates to 13,333 tons of plastic needing to be processed each month, hence the scammer's facebook post alluding to 'dozens' of thousands of tons.

Firstly, there's this little problem concerning those numbers:
They are somewhat short on the needed "dozens of thousands of tons".

Secondly, just revisit the example I gave above, which was a calculation based on 100,000 people all processing ONLY €20-worth of plastic for one month. Now, if you are an 'investor', ask yourself how many people you think out of those 100,000 are actually processing not just more than €20-worth of plastic through their Recyclix account but, given the likely rate of 'compounding profit' re-investment the following month and each month after, are, on average, initiating cycles for significantly more than just €20-worth of plastic?

Well, they think they are.

yes they got paid promoting recyclix .... says the man with a red trust due to promoting ponzi.  just imagine how bold and hardened these online hardened criminals are. and he left a throwaway skype account

Sending money into a ponzi scheme which has no calculable 'odds' is nothing like gambling, which does, and comparing how much people lose in both scenarios is utterly dishonest of you because making or losing money in a ponzi scheme is down to social engineering and those people, like yourself, who greedily hoover up the satoshis the scammers sent you in return for the 1000+ people you conned into believing their scam was a legit investment platform, are just as much to blame for the losses many thousands of people have made and will make when this thing collapses.


Of course you didn't see anything, because you're a fucking shill for the scam, asshole. This thread has large amounts of objective evidence proving Recyclix to be lying scumbags intent on pumping their ponzi, but you only want to post excuses and deflection attempts, like insinuating it was an 'affiliate' who repeatedly lied about the McDonald's contract when it was all over the Recyclix.com news page as well as their facebook page.

Here, let me make it *real* fucking easy for you:

When McDonald's refuted that claim Recyclix tried walking it back and put out some bullshit about plamika.lt in Lithuania being the actual contractor and that Recyclix was really only a sub-contractor - which was again refuted by McDonald's AND plamika.lt had to put up a message on their own front page stating they, too, had no business dealings at all with Recyclix.

Which part of that clusterfuck of a lie Recyclix told, repeatedly until they could no longer avoid the facts being posted, sounds like legitimate business dealings to you?

That basically sums it all up, doesn't it?


No, it is Recyclix themselves who lied about this, and continue to delete any inquiries into this.

And yes, that is "bad behavior"...

Your situation is pretty consistent with most members that complained they couldn't withdraw free money for doing nothing. The 20euro free was just to really show how the system works but it requires investment. Point is they were getting ripped off by people opening up several accounts for one user desperately trying to extract that 20 euro for pushing 1 button. I don't know any business that would ever work like that.

Realistically you lost nothing because you put in nothing which is fair.

I already made my investment back and now I'm just withdrawing a small percentage per cycle so I haven't lost anything. If it's a ponzi then it's a ponzi. Risky business is just that same with playing at online casinos. People loose far more in those avenues and if they win too much that person is considered stealing all because they figured out the pattern.

As far as McDonald's is concerned I never saw anything connect mCD to the site. That sounds like a very thirsty affiliate trying to promote to make high commissions before the truth comes out. Desperation can attract all sorts of bad behavior. 

CryptoMonitor_net: thanks for confirming its a ponzi since you only deal with those 

Payout - Recyclix:
Transaction: 71abf68f8cac1c65c49765ca0a1a95d5ea0488d97980723a1be53b555fbb1c4e
Payment system: Bitcoin (BTC)
Amount: 0.03095216 BTC = 21.42 USD or 20.00 EURO - Instant
Withdraw to: 193HwHGmaH8ATsz4Gpiry4P8H3xphePnjP
Date: 2016-11-13 08:44:39

Master Account ID: 3F54-79B7-21D8



SKYPE live:CryptoMonitor

Wonderful . now these so called recycling factories should be put on blast as well for allowing recyclix to adveritse their scam .     thanks keeps us updated

Further to Recyclix now admitting that they're not actually a recycling plant, their website accommodates this new pivot excuse.

https://recyclix.com/services/

The first line is basically a vague nothing reference to a 'minority' holding in a recycling plant, which could mean anything at all but certainly does not mean "We are a recycling plant".

The second underlined statement is again another vague nothing reference which is so poorly worded it gives them the opportunity to spin it however they need to, depending on who is asking what question.

So, fanbois and shills, that'll be the explanation you wanted for "Bu. . bu. . .buuuuuut . . . .video footage!!!111!11!!"

It wasn't their facility. They gave some money to the owners of that rather small facility and then marketed it as though it was theirs.

Yeah, that's it, 'marketed', you know, so they can claim they didn't lie. Just like they didn't lie about having a contract with McDonald's or Plamika.lt, no those weren't lies made to sucker in more victims and to fool their 'investors', no, it was 'marketing' (note to fanbois and shills, because I know how hard thinking is for you: This means they lied).

Recyclix is a ponzi scam which is desperately morphing into whatever they can think of to keep dodging the legal bullets.

Does idiots from Scam ADZcoin actually believed this Recyclix. I remember one of their team member promoted this scam on his facebook account.
I bet they are behind this one too.

Everyone that claims that Recyclix is legit does not know basic maths. They offer every idiot on the world that if he invest 1000EUR, in 10 years he will get about 500 mln Euro :-) That is what 14% each 5 week means. And in 20 years every idiot, ups, sorry, investor, would be able to buy whole the world and exclusive rights to explore Mars.

The funny part is that the claim that Recyclix doesn't do any recycling themselves (apparently they're just crowdfunding platform now) came directly from Recyclix staff. See posts above.
They cornered themselves when trying to explain the legal status of their offer.

1- They can't claim that they buy/process something on your behalf, as even 5 year old would know that it's not feasible to buy and start processing almost immediately, not to mention buying forklift trucks etc. They even stated in their shipment policy that: "The User does not receive rights over the waste, recycling materials, granules, or equipment that he or she purchased using funds from his or her Account."

2- They can't claim they offer any kind of investment or asking for loans as that would require them to obtain license from financial regulators in each country.

So they try to dodge any questions with "we're just crowdfunding platform", which is laughable as crowdfunding is just a way of raising funds, and depending on how those funds are meant to be used and what the customers are promised, they'd still likely be classed as financial service company.

tl;dr Don't ask sbogovac to make sense out of it, he's just pointing inconsistencies. Ask Recyclix directly what is that they do (or claim to do) and why they contradict themselves on FB and in videos.

Please stop trolling/shilling, I just explained them to you in the previous post for Chr&^#%'s sake!

The videos are totally irrelevant!

Recyclix is constantly lying and scheming.

Plamika themselves clearly state that they have absolutely nothing to do with Recyclix.

Newsflash: "dude, not all video's are like real you know"...  

And it's irrelevant anyway as now - all of a sudden - Recyclix themselves is claiming not to be in the recycling business but a "crowdfunding platform".

So dude, even your "own" company is saying they lied to you... They do not have any recycling factory. <- period.

Awkward, even more facts.

awkward more videos .


https://www.youtube.com/watch?v=RBcaZf9DHas time stamp :21 , :30

https://www.youtube.com/watch?v=AIwGkUwlbxw  time stamp :38  recyclix symbol on jacket 1:35 vehical and office   1:55 worker opening gate


https://www.youtube.com/watch?v=Fy637D_MYIY   time stamp 2:38  recyclix banner at factory in riga ,

https://www.youtube.com/watch?v=TBp45qrHgoE time stamp 2:16  another banner at a factory  (something about mcdonalds in this video but i dont speak the language as well. so maybe someone else can translate it) timestamp 2:55,  recyclix logo on finished products timestamp 3:55 timestamp 4:19 eco revolution ltd (whatever that means)


https://www.youtube.com/watch?v=ewHzxGx8NGI   something about mcdonalds and factories in riga   its not in english so i dont know


Someone is lying . maybe the facebook group has nothing to do with the actual company