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 811

New Ponzi Scheme Is Happening on Cracked

by Danger - 11 April, 2021 - 10:15 PM
This post is by a banned member (Danger) - Unhide
Danger  
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#1
It is weird why it is always me who takes the first action to make the community aware, and get these idiots banned just like before, this isn't the first time and we do all clearly remember this exact case with TastyMoney.

Anyways without talking more shit here's the deal: https://en.wikipedia.org/wiki/Ponzi_scheme

Definition: A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. The scheme leads victims to believe that profits are coming from legitimate business activity (e.g. product sales and/or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own.

[Image: Ponzi-Scheme.jpg]

The business that is running this scheme on cracked.to: https://cracked.to/Thread-Autopilot-GP-G...-come-true

Analysis and key points:

~ On cracked.to thread, they promote it as "service", so they do not grab the direct attention of a staff passing by, though, joining the discord server on their thread, they promote it as "investment".
~ On cracked.to thread, they claim to be making the profit from "sports betting" or "trading", whilst on their server they claim to be making it off reselling gift cards.

https://imgur.com/a/gtTL01w
https://imgur.com/a/u2AaPGP

Conclusion: They tend to have no idea what they are claiming the profits to come from, a good person in the head before falling for this shit would probably read that first, but guess many are light headed.

What is going to happen after this: The guy might come and send several of his vouchers to this thread and tell them to vouch for him, which I totally agree with it, yes they got paid, but this is exactly how a ponzi scheme works, the new investor's money are used to pay the old ones whilst new investors tend to come and once a targeted amount of money is reached, they will disappear. It is very usual that the guy might ask his investors to reinvest the "won" money again and again, luring them into getting more time.

Im sure staff will recognize this instantly and take action just like in the past, a similar case has happened several times, a recent one is with the Ponzi scammer "TastyMoney", you can research more about him on this forum and learn that these schemes are a bullshit crap.

https://cracked.to/Thread-Autopilot-GP-G...-come-true
GGWP
This post is by a banned member (SizzleX) - Unhide
SizzleX  
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#2
(This post was last modified: 11 April, 2021 - 10:22 PM by SizzleX.)
Thanks for speaking out about it i see many users claim they will make people returns but thats just not true lmao
Rebranding
This post is by a banned member (RBT) - Unhide
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#3
The amount of people I've come by (IRL and online) that are blinded by some whiff of profit really shocks me.

TBH not sure how people still believe that without any knowledge and any effort you can be making money.
:stalk:  ChopShop Shrug

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