Crowdfunding Worldwide’s enterprise mannequin is straightforward:
You purchase in for 200 EUR after which, by means of a sequence of matrix cycler tiers, steal cash from associates who purchase in after you.
Naturally when recruitment of latest associates slows down, the scheme collapses.
Moderately than merely acknowledge that occurred, Crowdfunding Worldwide printed a “letter from our lawyer” on August thirtieth.
Within the letter, the legal professional Johan Vissers claims the Dutch authorities has seized an undisclosed quantity of funds.
The thrust of Vissers’ letter, addressed to Crowdfunding Worldwide administration, is to persuade victims their funds haven’t disappeared.
Within the letter Vissers claims the Dutch authorities
thought it was doubtless (Crowdfunding Worldwide) included a pyramid scheme.
The Dutch Authorities has … seized the third get together cash, is holding it and refusing to launch it.
Concurrently Vissers claims there was “no formal process” or “conviction” towards Crowdfunding Worldwide.
Vissers additionally doesn’t title any authorities official or company, nor does he state how he got here to know any of what he claims.
So now we have an unsourced letter from an legal professional making a bunch of claims, which might’t be verified as a result of formally there’s no Dutch investigation into Crowdfunding Worldwide.
Riiiiiiiiiiiight.
After Crowdfunding Worldwide collapsed earlier this 12 months, these within the Netherlands operating it rebooted as Group Gather.
Similar matrix gifting cycler mannequin, solely distinction being Group Gather is run as a Spanish shell firm.
In his letter, Vissers acknowledge the reboot and states it was executed for “financial and authorized causes”.
So why now? Why publish an legal professional letter in an try to elucidate away Crowdfunding Worldwide losses with unverified data?
Weeeeeeeeeeeeeell… as sometimes occurs with reboot scams, Group Gather isn’t doing so effectively.
In each Crowdfunding Worldwide and Group Gather, many of the deposited cash is withdrawn by the admins through their preloaded positions.
Victims are inevitable and so now we have “legal professional letters” making an attempt to elucidate away the plain:
As soon as recruitment in a gifting cycler dies it’s over.
In that sense Vissers’ letter serves no different goal than to direct sufferer anger from Crowdfunding Worldwide’s homeowners to the “Dutch Authorities”.
Factor is, there’s no “cash to grab”. A cycler is cash in, cash out.
Any funds trapped within the system are held in financial institution accounts beneath the management of the admins. That cash may have been seized, however victims had been by no means going to see it anyway.
When a cycler collapses, the admin(s) preserve funds trapped within the system.
As Group Gather heads towards collapse, little doubt we’ll quickly be listening to concerning the “Spanish Authorities” seizing funds too.