USI-Tech was one of the most obvious scams to start with.
They were pretty much like bitconnect or any other pyramid/ponzi scheme, except under a different name and with a different cover story, ran by different people. But the concept is always the same, they'll promise you returns that are too good to be true. And they are.
The reason why these ponzis are so destructive, you've already mentioned, but it's because even if you do make money, if you're new to all of this you'll think this is a once in a lifetime opportunity and will continue to invest your earnings into the scheme. Eventually, your money will all be eaten.
The team is fake. That's obvious as well. You're right - don't invest.
Topic: USI Tech is a scam and so is techcoin ICO (Read 171 times)
Speaking of USI-Tech’s owners, since Behind MLM published its original USI-Tech review in late 2016, they’ve been outed as Joao Severino, Horst Jicha and Ralf Gold.
Severino is from Portugal, Gold is hiding out in Brazil and Jicha appears to be in Europe.
A PO Box corporate address in Dubai is provided by USI-Tech. However beyond laundering investor funds, it’s doubtful USI-Tech has any physical operations in Dubai.
Do you realize the 1% per day they are claiming would result in a $5000 turning into $3,850,146,000 in just 5 years? Assuming 365 days at 1% and re-investing. In 10 years you would have $5,929,449,000,000,000. You would have literally all of the money in the world. 1% per day is simply not a realistic return.
If someone invests their money and cashes out, one of three things will happen:
They will be convinced it works, and reinvest it with automatic rebuys.
They will be convinced it works, reinvest and bring more friends.
Take the money and run.
Trading of any currency is not tied to a fixed daily ROI. The only type of business model that can provide that level of consistency with such a high rate of return is that of a Ponzi scheme.
Package ID: 49008d643efae
Status: Approved
Creation Date: 3-Jan-2018
Approved Date: 3-Jan-2018
Quantity: 50
Amount: 0.20057850BTC ($3122.50)
Mining Fee: 3%
Total Payout: 0.02918417BTC
Package ID
Date
Method
QTY
Amount
Run Time
Payout Pct
Payout
49008d643efae 3-Jan-2018 Wallet 50 0.20057850BTC 22 14.54% 0.02918417BTC
I was told by my roommate to invest in USI tech a bitcoin mining company that will return 1% of your initial investment everyday. He has been investing in the company for 2 weeks and showed me he can withdraw bitcoin that he earned from the 1% returns. I trusted him and invested an Amount: 0.20057850BTC ($3122.50) into USI tech buying 50 packages where 1 package is $62.45.
Here's my receipt:
Package ID: 49008d643efae
Status: Approved
Creation Date: 3-Jan-2018
Approved Date: 3-Jan-2018
Quantity: 50
Amount: 0.20057850BTC ($3122.50)
Mining Fee: 3%
Total Payout: 0.02918417BTC
I started on 1/3/2018 and haven't received any payouts. I messaged them 2 days after I got in to get my initial payment back but still haven't got a response. The 3 people that originally started the company are known scammers/ponzi scheme con artists.
Speaking of USI-Tech’s owners, since Behind MLM published its original USI-Tech review in late 2016, they’ve been outed as Joao Severino, Horst Jicha and Ralf Gold.
Severino is from Portugal, Gold is hiding out in Brazil and Jicha appears to be in Europe.
A PO Box corporate address in Dubai is provided by USI-Tech. However beyond laundering investor funds, it’s doubtful USI-Tech has any physical operations in Dubai.
Do you realize the 1% per day they are claiming would result in a $5000 turning into $3,850,146,000 in just 5 years? Assuming 365 days at 1% and re-investing. In 10 years you would have $5,929,449,000,000,000. You would have literally all of the money in the world. 1% per day is simply not a realistic return.
If someone invests their money and cashes out, one of three things will happen:
They will be convinced it works, and reinvest it with automatic rebuys.
They will be convinced it works, reinvest and bring more friends.
Take the money and run.
Trading of any currency is not tied to a fixed daily ROI. The only type of business model that can provide that level of consistency with such a high rate of return is that of a Ponzi scheme.
I just want those three con artists arrested and return the millions/billions of dollars of money they stolen from the public! They are known to operate in several countries with this internet ponzi scheme scam.
The founders of USI-Tech are Jao Severino and Ralf Gold.
Jao Severino (JOÃO FILIPE FERNANDES SEVERINO) has been barred from financial activity in Portugal because he was involved with another scam called AMC INVEST. AMC Invest offered 10% interest per month on investments and it ended up scamming hundreds of people before it was taken down by the authorities. People were arrested for this scam.
http://ethanvanderbuilt.com/2017/07/19/usi-tech-scam-yes-opinion/
https://www.whois.com/whois/usi-tech.info
Did a google image search on their "so called" team, their development team images are stolen from https://cryptokafe.io/ DO NOT PUT A SINGLE PENNY IN USI OR TECH COIN---THEY ARE BIG SCAMMERS!!!
Severino is from Portugal, Gold is hiding out in Brazil and Jicha appears to be in Europe.
A PO Box corporate address in Dubai is provided by USI-Tech. However beyond laundering investor funds, it’s doubtful USI-Tech has any physical operations in Dubai.
Do you realize the 1% per day they are claiming would result in a $5000 turning into $3,850,146,000 in just 5 years? Assuming 365 days at 1% and re-investing. In 10 years you would have $5,929,449,000,000,000. You would have literally all of the money in the world. 1% per day is simply not a realistic return.
If someone invests their money and cashes out, one of three things will happen:
They will be convinced it works, and reinvest it with automatic rebuys.
They will be convinced it works, reinvest and bring more friends.
Take the money and run.
Trading of any currency is not tied to a fixed daily ROI. The only type of business model that can provide that level of consistency with such a high rate of return is that of a Ponzi scheme.
Package ID: 49008d643efae
Status: Approved
Creation Date: 3-Jan-2018
Approved Date: 3-Jan-2018
Quantity: 50
Amount: 0.20057850BTC ($3122.50)
Mining Fee: 3%
Total Payout: 0.02918417BTC
Package ID
Date
Method
QTY
Amount
Run Time
Payout Pct
Payout
49008d643efae 3-Jan-2018 Wallet 50 0.20057850BTC 22 14.54% 0.02918417BTC
I was told by my roommate to invest in USI tech a bitcoin mining company that will return 1% of your initial investment everyday. He has been investing in the company for 2 weeks and showed me he can withdraw bitcoin that he earned from the 1% returns. I trusted him and invested an Amount: 0.20057850BTC ($3122.50) into USI tech buying 50 packages where 1 package is $62.45.
Here's my receipt:
Package ID: 49008d643efae
Status: Approved
Creation Date: 3-Jan-2018
Approved Date: 3-Jan-2018
Quantity: 50
Amount: 0.20057850BTC ($3122.50)
Mining Fee: 3%
Total Payout: 0.02918417BTC
I started on 1/3/2018 and haven't received any payouts. I messaged them 2 days after I got in to get my initial payment back but still haven't got a response. The 3 people that originally started the company are known scammers/ponzi scheme con artists.
Speaking of USI-Tech’s owners, since Behind MLM published its original USI-Tech review in late 2016, they’ve been outed as Joao Severino, Horst Jicha and Ralf Gold.
Severino is from Portugal, Gold is hiding out in Brazil and Jicha appears to be in Europe.
A PO Box corporate address in Dubai is provided by USI-Tech. However beyond laundering investor funds, it’s doubtful USI-Tech has any physical operations in Dubai.
Do you realize the 1% per day they are claiming would result in a $5000 turning into $3,850,146,000 in just 5 years? Assuming 365 days at 1% and re-investing. In 10 years you would have $5,929,449,000,000,000. You would have literally all of the money in the world. 1% per day is simply not a realistic return.
If someone invests their money and cashes out, one of three things will happen:
They will be convinced it works, and reinvest it with automatic rebuys.
They will be convinced it works, reinvest and bring more friends.
Take the money and run.
Trading of any currency is not tied to a fixed daily ROI. The only type of business model that can provide that level of consistency with such a high rate of return is that of a Ponzi scheme.
I just want those three con artists arrested and return the millions/billions of dollars of money they stolen from the public! They are known to operate in several countries with this internet ponzi scheme scam.
The founders of USI-Tech are Jao Severino and Ralf Gold.
Jao Severino (JOÃO FILIPE FERNANDES SEVERINO) has been barred from financial activity in Portugal because he was involved with another scam called AMC INVEST. AMC Invest offered 10% interest per month on investments and it ended up scamming hundreds of people before it was taken down by the authorities. People were arrested for this scam.
http://ethanvanderbuilt.com/2017/07/19/usi-tech-scam-yes-opinion/
https://www.whois.com/whois/usi-tech.info
Did a google image search on their "so called" team, their development team images are stolen from https://cryptokafe.io/ DO NOT PUT A SINGLE PENNY IN USI OR TECH COIN---THEY ARE BIG SCAMMERS!!!
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