Author

Topic: [SCAM] Aristabank.com - Ponzi scheme (Read 145 times)

Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
February 07, 2021, 02:39:35 PM
#7
No, I did not lose money here, this is my attempt to warn newcomers that participating in a Ponzi scheme entails losing money.
The website looks legitimately convincing, I can see why @Vod thought that you have fallen for the scam although it is an obvious one.

Actually, I just wanted to confirm that losing money in a Ponzi is not a requirement for a flag.  I'm sure the reason why is known; I just want to do it correctly to warm the newbies he/she does business with.

I applaud the OPs work.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
February 07, 2021, 07:08:04 AM
#6
No, I did not lose money here, this is my attempt to warn newcomers that participating in a Ponzi scheme entails losing money. In 2017, being a novice and not understanding where the profit in the crypt comes from, I lost my money in Bitcy. It was a typical ponzi scheme, although organized more professionally than the one I reported in the thread. This failed investment in scam led me to study the founder of this scheme, Charles Ponzi, and his Russian follower, Sergei Mavrodi. After that, I did not make such mistakes when choosing an object for investment.
The website looks legitimately convincing, I can see why @Vod thought that you have fallen for the scam although it is an obvious one. The return that the website is advertising is the most fishy overall. Your journey into learning because you made a mistake is the second best wish any scambuster could ever ask for. Charles Ponzi is the origin of the Ponzi as the name implies if my knowledge about it is right, I haven't heard of Sergei Mavrodi in such a long time, a friend of mine back then was using Mavrodi's website where they are lending bitcoin with each other, I don't get how they make money there but I didn't do a research because I didn't find the guy that interesting.
legendary
Activity: 2268
Merit: 1655
To the Moon
February 07, 2021, 06:03:34 AM
#5
Did you happen to lose money in this scam, or are you just reporting it as a warning to others?

No, I did not lose money here, this is my attempt to warn newcomers that participating in a Ponzi scheme entails losing money. In 2017, being a novice and not understanding where the profit in the crypt comes from, I lost my money in Bitcy. It was a typical ponzi scheme, although organized more professionally than the one I reported in the thread. This failed investment in scam led me to study the founder of this scheme, Charles Ponzi, and his Russian follower, Sergei Mavrodi. After that, I did not make such mistakes when choosing an object for investment.
legendary
Activity: 1764
Merit: 2032
The Alliance Of Bitcointalk Translators - ENG>SPA
February 06, 2021, 06:30:37 PM
#4
Thanks for the warning tvplus006.

I can't understand how this kind of services are still announced in this forum, when it is well known that you can't state these guaranteed profit percentages. I want to believe that most members here won't fail in this scams, but there will always be the typical newbie who doesn't follow the DYOR rule, unfortunately.

What is sad is that there are real opportunities to make 200% with cryptos but with the consequent risk, of course: you get what you pay for.
legendary
Activity: 3248
Merit: 3098
February 06, 2021, 06:20:01 PM
#3
Thank you TVPlus.  Excellent work!

Did you happen to lose money in this scam, or are you just reporting it as a warning to others?



I guess he is so experienced to fall on an obvious scam like this.
Exposing scammers here on Bitcointalk as high domain reputation is very important for newcomers and potential victims of such fraudsters. Reports like this help people who are doing any research before investment save their money.
Nice work tvplus006 as usual.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
February 06, 2021, 05:38:04 PM
#2
Thank you TVPlus.  Excellent work!

Did you happen to lose money in this scam, or are you just reporting it as a warning to others?

legendary
Activity: 2268
Merit: 1655
To the Moon
February 06, 2021, 03:50:39 PM
#1
What happened: Ponzi scheme

200% PROFIT IN 29 DAYS

Flag type 1 (support/oppose): https://bitcointalk.org/index.php?action=trust;flag=2618

Thread Link: https://bitcointalksearch.org/topic/--5315193
Archived: https://archive.is/wip/g7wbj
Scammer Profile Link: https://bitcointalksearch.org/user/aristabank-3119393
Website: https://aristabank.com/
Archived: https://archive.is/sK2zF

Quote
  Domain Name: ARISTABANK.COM
   Registry Domain ID: 2572511146_DOMAIN_COM-VRSN
   Registrar WHOIS Server: whois.namecheap.com
   Registrar URL: http://www.namecheap.com
  Updated Date: 2021-02-04T16:45:31Z
   Creation Date: 2020-11-15T18:14:26Z
  Registry Expiry Date: 2021-11-15T18:14:26Z

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