Traffic Monsoon is an advertising agency to shared revenues which has a lot of success now and one that pays the most!
Then, TrafficMonsoon, scam or the real opportunity of your life?
Read the rest of this article to find out my opinion on this business.
Presentation of TrafficMonsoon
Traffic Monsoon was created in October 2014 by Charles Scoville who is also the creator of AdHitProfits since April 8, 2013. You may notice a play on words between Charles Ponzi and Charles Scoville.
The latter it is luxury (€ 3 per month) to a site http://www.charlesscoville.com/
The latter has a bad reputation because it has created several advertising agencies and has forgotten to pay its members…
At first glance, things have changed since the inception of AdHitProfits saw that he began to pay its members, but he quickly found himself with debts saw that this business model was not strong.
He therefore created TrafficMonsoon to repay the debt of AdHitProfits.
Despite its history, one has the impression that Charles Scoville needs to change because it has not closed AdHitProfits and created TrafficMonsoon to repay the debt and continue to pay members. But in fact, c´est just the opposite if you want my opinion.
I do not know if it is a good thing, but it lets you know with which you agree.
August 11, 2015, trafficmonsoon is ranked among the 1075 most visited sites in the world (edict of October 8: trafficmonsoon is now 892 th most visited site). In my opinion, this was what show how much there is d´escrocs and people wishing to be plucking…
We will not pass any article to talk about the owner. Talk about what you are really interested in money!
Who can participate?
Everyone can become a member in order to generate SEO.
Participate without paying anything, it is possible, simply register for free. You will then have access to your interface. EH Yes, Crooks n´ont that make international law, embargoes, the program being illegal at the base they leave n´importe which s´inscrire.
You will notice that most of the promoters of this program come black d´Afrique and this is not for nothing, they want to act with impunity if possible. There are few real people to give a real name.
Trafficmonsoon provides you every day and at any time to view advertisements.
Each ad generates an amount that you can easily retrieve your account Paypal or another Payza, Solidtrust Pay.
Thus, every day, and this free of charge, you feed these people with your small prize to you, an additional income for its entertainment, Christmas gifts or other…
Look at the difference with my investment as item sites lons: Credit.fr, Bolden, Lendix, Crowdimo, Pretup, Finsquare
How win (lose) money with Traffic Monsoon?
There are three ways to "earn" money with TrafficMonsoon:
Paid-To-Click:
You can earn up to $0.1 per day clicking 10 cashs links.
The purchase of coupons or packs:
This is the classic operation of advertising agencies. You buy a coupon $ 50 and after 55 days, you get 110% or $55 or 70% of annual profits, this is not the greatest benefits for a revshare, but almost sustainable profits. The model can last a long time.
on traffic moonsoon france
The purchase of a $ 50 pack saves you $ 55 after 55 days without buy back pack,
The purchase of a $ 50 pack saves you $ 90 after 55 days by buying packs.
The equivalent of $55 after 55 days without paying 1 cent.
You can withdraw your winnings or reinvest this sum to redeem other coupons!
The power of TrafficMonsoon: speed!
Every day, your balance will increase.
Imagine 100 packs and earn $ 100/day – 300 packs earn $300 / day – 1000 packs win $1000 / day and so on… The Ponzi scheme will therefore s´ecrouler very quickly, before even l´inspection of taxes does an analysis and does not close the box.
Sponsorship:
at TrafficMonsoon, you earn 100% on your downline clicks. Suppose you but sponsor 10 people for free and that these people click the cashs links, you earn $1.1 per day.
Very profitable, if you talk about this concept with your friends, send them your referral link. Expand a team, so you will truly be in organized gang. Your friends will thank you for sharing with them your 'super plan' turning against you once the Ponzi will be collapsed.
You earn 10% on the purchase of coupons for each of your direct referrals. You touch anything on your second level.
Incidentally, here are two tips MLM of the most important you need to know before you launch in the MLM:
- The best MLM companies must provide it support, a program when you agree. This support must guide you, train and effectively inform you on how you implement and manage your business for your clients, who may but are not necessarily your downline.
- The best MLM companies must learn how to sponsor and train your downline to do the same. The Godfather/Godson relationship must be concrete and followed. These companies must support you so that building the fact that you form a whole with them.
Traffic moonsoon does none of this.
[sociallocker id=2002]
Sponsor is not to make money on the backs of others, but help them realize their dreams by building, also their business.
[/sociallocker]
Look at the difference with the good sites of my investment as item: credit.fr, bolden, Lendix, crowdimo, pretup, finsquare
My opinion on TrafficMonsoon
If the site closes, you lose everything, because there is nobody to whom s´adresser. Ask yourself the right questions and you will see qu´il y not clear stuff.
Two companies?
It y traffic monsoon https://trafficmonsoon.com/
traffic Monsoon Global Limited, Imperial Offices, 2 Heigham Road, East Ham, London, United Kingdom, E6 2JG
Traffic Monsoon LLC, 4927 S Murray Blvd Z9, Murray, UT, 84123 United States of America
teleophone 1 877 644-6714
If tomorrow the company closes, you address that? in America or London? You sign with that? Under what jurisdiction?
Attention it y traffic monsoon https://trafficmonsoon.com/
and traffic moonsoon france http://trafficmonsoon.fr/
The traffic moonsoon france version is slightly different
on the french site is completely anonymous, no address, without people who s´adresser, just one mail box.
Indeed after doing research company is not controlled by the authorities in France, I cannot even address easily or offices or something concrete in France on the French version of the site. If tomorrow the company closes, you address that? in America or London? who is really its CEO in france? No linkedin profile? Viadeo etc?
However by clicking on the links, you eventually fall clearly on the first site. The registration link redirects to http://trafficmonsoon.com/link/18897 it is said that it is l-' trafficmoonsonn francophone team so the site is clearly a trafficmoonsoon site
No control by regulatory authorities, the AMF response
He n y no labels of control of the authorities, yet not very difficult to imitate for a forger, but very difficult to actually achieve. I am sure that the owner does not know them even.
What is site is only allowed to exercise on the french territory? Probably not.
However a good new, unlike beonpush which in having sent documents AMF told me not to be competent, with a site in French the AMF can certainly do some things.
response by l AMF:
Mr.
Firstly, we find not the TRAFFICMONSOON company in the databases of the financial markets authority. Indeed, the company has no approval in France.
As such, I invite you to the utmost caution against proposals for services of this company and investments to yields offered. In case of dispute with a company, the remedies would be very limited.
For more information, we invite you to contact the Directorate-General of competition, consumption and repression of fraud (DGCCRF): http://www.economie.gouv.fr/dgccrf/contacts and see the following link: http://www.economie.gouv.fr/dgccrf/Publications/Vie-pratique/Fiches-pratiques/Offre-d-emploi-piegee
Traffic France isn't really in France
WHOIS
trafficmonsoon.fr is already registered *.
% This is the AFNIC Whois server.
%%
%% complete date format: DD/MM/YYYY
%% short date format: DD/MM
%% version: FRNIC – 2.5
%%
% Rights restricted by copyright.
% See http://www.afnic.fr/afnic/web/mentions-legales-whois_en
%%
%% Use '-h' option to obtain more information about this service.
%%
% &[161.58.53.20 REQUEST]gt; trafficmonsoon.fr
%%
% Net RL[##########] – RL IP [#########.]
% domain: trafficmonsoon.fr
status: ACTIVE
hold: No.
holder-c: SZ1435-FRNIC
Admin-c: ISL41-FRNIC
Tech-c: FF1878-FRNIC
zone-c: NFC1-FRNIC
NSL – id: NSL1479-FRNIC
Registrar: MARCARIA.COM CORP.
Expiry Date: 07/02/2018
created: 07/02/2015
last update: 25/01/2016
Source: FRNICns-list: NSL1479-FRNIC
RS: ns1.justhost.com
RS: ns2.justhost.com
Source: FRNICregistrar: MARCARIA.COM CORP.
type: Isp Option 1
address: 8345 NW 66 ST #B1673
address: FL 33166 MIAMI
country: US
phone: + 1 305 434 8621
fax – no: + 1-305-675-2956
e-mail: manage@marcaria.com
website: http://www.marcaria.com
anonymous: No.
registered: 03/14/2008
Source: FRNICnic-hdl: ISL41-FRNIC
type: ORGANIZATION
contact: ICRON SERVICES Ltd.
address: ICRON SERVICES Ltd.
address: Maria House, 1 Avlonos street
address: 1075 Nicosia
country: CY
phone: + 1 3054348621
fax – no: + 1 3056752956
e-mail: domains@marcaria.com
Registrar: MARCARIA.COM CORP.
changed: 25/09/2013 nic@nic.fr
anonymous: No.
obsoleted: No.
reachmedia: email
reachstatus: ok
reachsource: REGISTRAR
reachdate: 2013-09-25 20:51:00
Source: FRNICnic-hdl: FF1878-FRNIC
type: ROLE
contact: Francisco Fuentealba
address: MARCARIA.COM CORP
address: # 1000177, 222 Grace Church St. Suite 302
address: 10573 Port Chester
address: US
e-mail: manage@marcaria.com
Admin-c: FR333-FRNIC
Tech-c: FR333-FRNIC
Registrar: MARCARIA.COM CORP.
changed: 2008-03-17 manage@marcaria.com
anonymous: No.
obsoleted: No.
Source: FRNICnic-hdl: SZ1435-FRNIC
type: ORGANIZATION
contact: its EEZ
address: its EEZ
address: suite 490, Friar Lane
address: 14523 Nottingham
country: GB
phone: + 1 3054348621
e-mail: domains@marcaria.com
Registrar: MARCARIA.COM CORP.
changed: 07/02/2015 nic@nic.fr
anonymous: No.
obsoleted: No.
eligstatus: ok
eligsource: REGISTRAR
eligdate: 2015-02-07 20:09:28
reachmedia: email
reachstatus: ok
reachsource: REGISTRAR
reachdate: 2015-02-07 20:09:28
Source: FRNIC
| Registrant Org | WHOIS PRIVACY PROTECTION SERVICE, INC.. was found in ~ 2,196,395 other domains | |
| Registrar | ENOM, INC. | |
| Registrar Status | clientTransferProhibited https://www.icann.org/epp#clientTransferProhibited | |
| Dates | Created on 2014-08-30 – Expires on 2016-08-30 – Updated on 2015-05-16 | |
| Name Server (s) | DNS1. NAME – SERVICES.COM (has 2,764,942 domains) DNS2. NAME – SERVICES.COM (has 2,764,942 domains) DNS3. NAME – SERVICES.COM (has 2,764,942 domains) SUPPORT4. NAME – SERVICES.COM (has 2,764,942 domains) DNS5. NAME – SERVICES.COM (has 2,764,942 domains) | |
| IP Address | 69.61.14.75 is hosted on a dedicated server | |
| IP Location |  -North Carolina – Charlotte – Snoork Hosting | |
| ASN | AS22653 GLOBALCOMPASS – Cyber Wurx LLC (registered Oct 31, 2001) | |
| Domain Status | Registered And Active Website | |
| Whois History | 453 records have been archived since 2007-12-15 | |
| IP History | 26 changes on 14 unique IP addresses over 12 years | |
| Registrar History | 2 registrars with 3 drops | |
| Hosting History | 24 changes on 15 unique name servers over 10 years | |
| Whois Server | Whois.eNom.com | |
Trafficmonsoon: Traffic MonsoonRegistry Domain ID: 1873436151_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.enom.com
Registrar URL: www.enom.com
Updated Date: 05-2015 – 16 T 10: 43:49.00Z
Creation Date: 2014-08 – 30 T 16: 11:00.00Z
Registrar Registration expiry Date: 2016-08 – 30 T 16: 11:00.00Z
Registrar: ENOM, Inc..
Registrar IANA ID: 48
Domain Status: clientTransferProhibited https://www.icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: WHOIS AGENT
Registrant Organization: WHOIS PRIVACY PROTECTION SERVICE, Inc..
Registrant Street: PO BOX 639
Registrant Street: C/O TRAFFICMONSOON.COM
Registrant City: KIRKLAND
Registrant State / Province: WA
Registrant Postal Code: 98083
Registrant Country: US
Registrant Phone: + 1.4252740657
Registrant Phone Ext.:
Registrant Fax: + 1.4259744730
Registrant Fax Ext:
Registrant Email:
Registry Admin ID:
Admin Name: WHOIS AGENT
Admin Organization: WHOIS PRIVACY PROTECTION SERVICE, Inc..
Admin Street: PO BOX 639
Admin Street: C/O TRAFFICMONSOON.COM
Admin City: KIRKLAND
Admin State / Province: WA
Admin Postal Code: 98083
Admin Country: US
Admin Phone: + 1.4252740657
Admin Phone Ext.:
Admin Fax: + 1.4259744730
Admin Fax Ext:
Admin Email:
Registry Tech ID:
Tech Name: WHOIS AGENT
Tech Organization: WHOIS PRIVACY PROTECTION SERVICE, Inc..
Tech Street: PO BOX 639
Tech Street: C/O TRAFFICMONSOON.COM
Tech City: KIRKLAND
Tech State / Province: WA
Tech Postal Code: 98083
Tech Country: US
Tech Phone: + 1.4252740657
Tech Phone Ext.:
Tech Fax: + 1.4259744730
Tech Fax Ext.:
Tech Email:
Name Server: DNS1. NAME – SERVICES.COM
Name Server: DNS2. NAME – SERVICES.COM
Name Server: DNS3. NAME – SERVICES.COM
Name Server: support4. NAME – SERVICES.COM
Name Server: DNS5. NAME – SERVICES.COM
DNSSEC: unSigned
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone: + 1.4252982646
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
A model that sells mainly packs
The site now sells a lot of perfectly legal things
New, the site now sells l´autosurf, practice completely legal, this part was made to sidestep but is perfectly legal.
But there is an investment that is perfectly illegal:
Not sympathetic general conditions
TrafficMonsoon registered as a limited liability company and not a bank nor a security firm. Purchase of advertising service with us is not considered a deposit, nor investment.
Traffic Monsoon is registered as a limited liability company and not a bank or a security agency. The purchase of services from advertising with us is not considered as a deposit or an investment.
This clearly means that your "investment" is not considered as a deposit or an investment, then what is?
You agree to release Traffic Monsoon for any loss and / or substantial responsibility to your purchase, therefore, do not buy services that you do not have the means to pay, because you pass them at your own risk.
You agree that our past performance does not guarantee the same results in the future.
You acknowledge that you are acting as an individual and not on behalf of another entity and / or any other authority. Our offer is void where prohibited by law. There is still not bad either?
In this case, they have no guarantees that you earn anything, your packs do not have a guaranteed yet?
It is a bit inconsistent with the packs, the aim is mainly to try to disengage from all responsibilities and in the rest of the conditions ensure clean look but if US Treasury puts his finger inside, the site quickly fell.
No actual payment system
If you do not see the transfer credit c´est for a simple reason, banks n´acceptent not turning against of l´argent Crooks, Tracfin which ensures grain there. More with bank transfer must be a name and l´escroc do not want to know his real name.
Apparently since 01/15/2015 paypal denies the site, because it would be too dubious for them (that means all non-?)
A utopian performance
Proposed performance is clearly utopian compared to serious offers.
Less than about bet in the actions of emerging markets within 10 years, clients should not rely on a yield exceeding 10% for their portfolios. Bonds will suffer capital losses, which will undermine their performance and actions should save an average yield of 7.5%.
A diversified portfolio should offer an average annual return of 5% to 7% over the next decade
Traffic offers 70% performance without leverage and changes due to market… search l´erreur
A need to justify not be a pyramid
C´EST just as c´en is a.
Inconsistency in the way to show partners
As suggests well the http://stopmensonges.com/ site, when you ride a company, the first thing to do is to give credit by posting publicly partners and clients that you start to sign.
An advertising agency has one side of the partners (suppliers, as shown on the site, coca coca insane work with be it push) which are the websites with which you sign agreements to manage and sell their advertising, and on the other locations listed you have customers you sign (the advertisers).
It is especially important for a company that starts to post on its website the list of its partners and its biggest customers. Beonpush not published any of the two.
Inconsistencies in the funding system itself!
Still in the same site, but the point is important and relevant.
When you want to finance a company, you have several options…
Or, you call to private investors.
Either you use professional investors.
Either you made a credit to the Bank.
On average, a bank will take you between 5 and 9% interest rate. Can be more.
A professional investor takes you your company shares, either request on average 10 to 15% interest, it can be also a mixed both with option of exit of the capital once a set amount has been repaid by the company to the investor.
The only reason that would cause a company to choose a system of participatory financing from individuals and at a rate of 150% of the capital invested + % on its affiliates is that this company has failed to convince a bank or a private investor or pro… Therefore, that society does not profit on its activity. Otherwise why choosing 150% refund rather than 5-15%. This makes no sense economically!
The results on opinion trafficmoonsoon are those of sponsors
In green those who say that the site is a scam (a scam in English), in grey those who don't get wet (they say that it is risky and it is likely that the site is a scam) in red those who are clearly to (and who sponsor). NB on netbusiness and money mania it is also possible to sponsor, but these are not links to administrators.
A site of more than 2 million people, a "success" and not a trace in a log? It's still weird
An interesting article on Scoville
Utah is a rich scams home.
Charles Scoville has been involved in many channels of money in the past. Most of them are considered to be scams.
Here is what ptccentral.com said about Charles Scoville:
Trafficmonsoon est possédée par Charles Scoville, un escroc en série responsable de quelques sites frauduleux fermés comprenant: Infinitybux.com, BuxSecure.com, TviPtc.com, Powerfulbux.com, Foreverbux.com, BuxUnleashed.com, Banrev.com, Ultimatepowerboost.com , Wealthenginex.com, ULaunchFormula.com. These sites are dead, most online, poorly, the owner is left without paying. I was part of most of these sites and I remember very well how they finished. And also remember hundreds of thousands of members. A few months ago Charles Scoville has launched Trafficmonsoon, another placement organization. We support not only promote sites managed by Crooks, so we do not recommend Trafficmonsoon.
Sites that say that this site is a scam
- netbusinessrating considers the site as a scam.
- ptccentral.com
- money mania says it's risky
- https://www.Facebook.com/TrafficMonsoonPONZI/
- http://coaching-formation-Internet.com/stop-arnaques/trafficmonsoon-expansion and special thanks for the link back
- http://ethanvanderbuilt.com/2015/07/15/traffic-monsoon-scam-Yes-opinion/
In a Ponzi scheme the product it is you!
If you has promised to make a fortune in a few months thanks to a fantastic investment, without taking the slightest risk, you should beware: attempts are likely to enter a chain of Ponzi schemes.
Two characteristics: sponsorship and performance. Now here we have them well, the rest is probably only to hide the trick used.
Conclusion
TrafficMonsoon looks to be a company that do not will last because its model is not reliable. However this Ponzi scheme no providing no senior ultras yields, it can last some time.
Reminder: The ponzis pay always, at the beginning at least and close after a certain time.
A Ponzi pyramid claimed 300 000 lives in the world, Get Easy Portuguese society for example.
However, as in all things there is information that put you the l´oreille chip. Let's start:
- The history of Charles Scoville (you will notice the pun between Charles Ponzi and Charles Scoville)
- The fact that you must click, but there are no real products behind
- The site is in English, which l´exclu the scope of the AMF
- Not people who s´adresser
- 100% of commissions on clicks
- A far too high level of affiliation
- PayPal as a payment processor
- You do not really know what is your money
As you can see, there are more drawbacks that d´avantages was attempting an "investment".
I recommend d´investir. Now those who tell me the contrary I want evidence: number d´enregistrement at the financial authorities, the owner's name, address real society, bank account…
Look at the difference with the good sites of my investment as item: credit.fr, bolden, Lendix, crowdimo, pretup, finsquare
D´autres people are talking about:
on netbusinessrating (the site is classified in scam):
Hello
quelqu´UN could tell me why he withdrew small amounts j was a $ 3.95 there was a cut on the site and my account and return a $ 3.60
e c and not the first time that happens to me
superfruiter is to enrich the owner
PayPal has remained quite long but in the end d ' a time he withdrew, and often c "is the beginning of the problems, this has been the case for the ADHITPROFITS of the same owner site…"
Look at the difference with the good sites of my investment as item: credit.fr, bolden, Lendix, crowdimo, pretup, finsquare
True
What you may actually
In addition to losing your money there are much larger risks.
The attempt to gain money from abnormal and easy way, in particular leaving manipulate (social engineering), eventually lead to getting you ripped off (419 fraud…), does not make you a victim but an accomplice.
No person shall avail itself of his own depravity.
In a very good video documentary of the 05.02.2013 – facing the Internet mafia, there is, among other things, an interview of a woman sentenced for aiding and abetting active money laundering after being trapped in an engineering social operation.
But in addition, the pyramid (process says the "snowball" or the "silver chain") is prohibited in France since 1953 (Article L 122-6 of the Code of consumption 1 ° and 2 ° paragraphs). This text was supplemented by an act of 1 February 1995 (3 ° and 4 ° paragraphs) which specifies the prohibitions on sales channels. Since that date, a company which fails to comply with this regulation and allegedly illegal practices would be condemned.
Under French law, «it is forbidden to propose a person to collect memberships or to register on a list requiring her the payment of any consideration and in him doing hope financial gains resulting from a geometric progression in the number of persons registered or recruited» (art. L. 122-6 and art. L. 122-7 of the code of consumption) and "this prohibition is subject to penalties of fine or imprisonment. »
The correctional tribunal of Albertville for example sentenced to penalties of four to ten months in prison suspended 33 Savoyards who participated in a money game akin to a Ponzi pyramid, was learned from the Prosecutor's office.
These sentences for fraud, was accompanied by fines between 4,500 and € 20,000. Four other defendants were fined with simple fines.
Penalties for the offence of fraud
First of all, it should be recalled that the prescription of the scam is acquired after a period of three years from the day of the return of the coveted thing.
The maximum penalties for fraud are:
-For natural persons: 5 years ' imprisonment, €375,000 fine and ban or confiscation of certain rights.
-For legal persons: €1.875.000 fine as well as the penalties provided for in article 131-39 of the criminal code.
The attempt is punishable by the same penalties.
The penalties are raised to seven years in prison and €750,000 fine when the scam is carried out:
-By a person vested with public authority or a public service mission, in the exercise or on the occasion of the exercise of its functions or its mission (article 313-2 – 1 ° of the criminal code);
-By a person who unduly takes the quality of a person vested with public authority or responsible for a public service mission (article 313-2 – 2 ° of the criminal code);
-By a person who appealed to the public to the issue of securities or for fundraising purposes for humanitarian or social assistance (section 313-2 – 3 ° of the criminal code);
-To the detriment of a person whose particular vulnerability, due to his age, illness, infirmity, physical or mental disability or a State of pregnancy, is apparent or known perpetrator (article 313-2 – 3 ° of the criminal code).
The penalties are raised to ten years in prison and €1,000,000 fine where fraud is committed in organized band.
This want to say that if sponsor you what-qu´un you are liable of Delia d´escroquerie is organized band, if this bleaching is.
Money laundering
Definition
Money laundering is to conceal funds from illegal sources (drug trafficking, theft, fraud (including pyramid selling), selling weapons, robbery, tax evasion,…) by reinvesting them in legal activity (real estate, restoration, etc.). IT
The objective of the author of money laundering is to facilitate the false justification of the origin of these sums to the authorities. In practice, money-laundering "dirty money" may appear in the form of different mechanisms, as for example the establishment of false invoices between several companies.
Sanctions
In France, money laundering is punishable under article 324-1 of the penal Code which provides for a sentence of 5 years in prison and a fine of € 375 000. This sanction may be increased in some cases. For example, the penalty is increased to 10 years imprisonment and 750000 euro fine in two cases: when money laundering is committed habitually or by using the facilities provided by the exercise of a professional activity and when it is committed in organized gang. For a complete point on penalties, see articles of the penal Code concerning simple laundering and aggravated laundering.
Recall of l´AMF published March 12, 2014
AMF cautions public against investment offers promising exceptional yields relying, visible or otherwise, on the establishment of a system of recruitment, membership or sponsorship. Very attractive appearance, these offers are dangling high gains that are unrealistic. They usually hide's actual scams for laundering money and in most cases, in some cases, loss of the placement of departure for the saver.
This type of installation can take various forms: trading on the Forex market (via an unauthorized FOREX platform), or mail order of goods or services. The goal for these companies is to continuously recruit new members added to existing members. The latter recruited bring new funds entering, which are partly donated to the former members to gain and maintain their confidence: this is what is called a pyramid. Media and internet in particular, neighbourhood, "word of mouth": recruitment may be done in various ways.
The device lasts as long as new recruitments are possible. When it collapses, sometimes quite rapidly, members typically lose the entirety of their bet in favour, often the single initiator and his accomplices.
The AMF calls savers to the utmost vigilance and invites them to:
- Do not respond to this type of offers and do not relay them to third parties;
- In the case of fraud, victims must file a complaint and provide all possible information to the competent judicial authorities (references for money transfers, identified contacts, addresses, emails or emails, etc.).
In General, the AMF advises investors to follow the following rules before any investment:
- No commercial speech should make us forget that there is no investment offering high returns with no risk;
- Learn about the legality of the financial intermediary that offers the product by consulting the list of the establishments authorized to operate in France (http://www.amf-france.org > high-speed access > savings products approved (GECO)).
An intermediary not authorised is subject to criminal penalties.
To answer the questions and queries of savers, the AMF provides its site internet http://www.amf-france.org or the savings Info service 01 53 45 62 00 from Monday to Friday from 9 h to 17 h.
Institute for the financial education of the public (IEFP) provides investors with a presentation of systems of pyramid selling on its Web site: www.lafinancepourtous.com/Decryptages/Articles/Systeme-de-vente-pyramidale
Press contact:
Directorate of communication of the AMF – Caroline Zoutleeuw – Tel : + 33 (0) 1 53 45 60 39 or + 33 (0) 1 53 45 60 28