BizzTrade run by “thieves, lying bastards”, says top promoter
Fareha Qadri joined BizzTrade last September.
She quickly rose within the company and within a month was in marketing videos on BizzTrade’s official YouTube channel (BizzTrek).
On 30th May Qadri boasted of being promoted to Executive Director.
She stopped promoting BizzTrade shortly after that.
In a video uploaded to Facebook about a week ago, Qadri now claims she has been “fucked over” by BizzTrade and its executives.
Since getting “fucked over”, Qadri claims she’s “been doing a lot of research and a lot of reflection”. This includes “manic depression, Netflix bingeing (and) feeling sorry for (her)self”.
[0:46] It’s about time I think I opened up your eyes, and let you know firsthand experience of what’s going on.
So BizzCoin/BizzTrade, (a) bullshit shitcoin, as a lot of articles have said, are right.
I’m telling you first hand what kind of thieves, lying bastards these con artists are.
So who are these con artists?
[1:47] Rizwan Gohar, Rehan Gohar, Gurpreet Dhaliwal, Dr Arslan Alvi – there’s so many names I could go. Haider Mustafa, who recruited me.
Let me tell you what kind of thieving bastards they are.
[2:05] Please do not, whatever you do, do not join that company.
[2:41] So these guys are fraudsters and I can tell you firsthand what kind of fraudsters they are.
Qadri doesn’t go into specifics but states she “has evidence” BizzTrade is a Ponzi scheme.
[5:37] All they’re doing is taking your money, they’re making money and in the end they’re giving you a couple of pennies.
Qadri states BizzTrade is “not even trading”.
In retaliation for her asking questions, Qadri claims BizzTrade “stole, froze and took” her “built up funds”.
BizzTrade executives also allegedly threatened Qadri with blackmail.
[3:00] They want to keep me quiet and not tell the truth about what they’re up to, what they’ve been doing and how they’ve been doing it.
[5:16] It’s not a good feeling to know you’ve been used. It’s not a good feeling to know they’ve stolen your money. It’s not a good thing to know that they’ve tried to blackmail me.
You know these are things that they are doing. And I have proof after proof, so I don’t speak out without proof.
[6:54] They’ve been sending me threatening letters in the post, and these are evidence, mind you.
Qadri claims she ignored BizzTrade’s red flags because she was “too trusting”. She also states BizzTrade is withholding withdrawal requests by hiding behind KYC.
Recently BizzTrade launched BizzCareer, a €5000 “bullshit course” that was initially marketed as a free bonus to BizzTrade affiliates who invested €5000 or more.
Qadri claims BizzTrade was her “first ever networking thing” and that she “learnt a lot from this experience”.
As of August 3rd, Qadri is promoting the Rapido Run Ponzi cycler.
Whatever lessons Qadri learnt from her time in BizzTrade, evidently all Ponzi schemes are scams wasn’t one of them.
Update 30th August 2020 – Fareha Quadri has reached out to request BehindMLM remove this article, under what appears to be threats of legal action.
Please note that I have withdrawn all my accustations, and since the accustations can no longer be supported, I therefore requests that the above blog be removed.
Please respect my request. This is very very important to me from a legal point and consequence.
We denied the request.
I am not part of BizzTrade Management.
I should add here that Ms Fareha Qadri was initially suspended ( and her ID / account was suspended) due to her action in promoting another company called “Forsage” (it appears from your note above she was also promoting Ropido Run!) amongst existing BizzTrade’s members.
This is CROSS-RECRUITING and a clear breach of the terms and conditions with BizzTrade ( and in fact in any Network Marketing Company).
I have a copy of the letter sent by BizzTrade Compliance to her – she was given 90 days period to disassociate herself from the other companies she was promoting ( Forsage, and presumably there were others as you pointed above).
The letters says after the 90 days, if she has proven to have disassociated herself, BizzTrade will then consider “releasing” her ID or lift the suspension.
Unfortunately, she did not take this 90 days offer and chose to go on attacking BizzTrade instead.
The is a video of her on YouTube (I assume it will be edited out if I post here, but I will post link at the end) praising claiming strongly that she has done all the due diligence and fully satisfied with Bizztrade.
The fact that she is now saying the opposite is due to the suspension resulting from her breach of terms and conditions.
Fareha Qadri’s presetation about BizzTrade:
It is certainly sad that Ponzi scammers only admit they are promoting a Ponzi scheme when they money runs dry.
Doesn’t change the fact BizzTrade is a Ponzi scheme though.
In regard to your claim that you are not part of the management team of BizzTrade why in the world would you be privy to and have a copy of the letter sent to her by BizzTrade compliance?
By your own admission you are not management and therefore would have zero authority to have a copy of this letter. For you to have a copy of this letter BizzTrade is in violation of their own fiduciary responsibilities.
What gives you the right, or by what authority have you been given to speak on behalf of the company by posting here? Something does not smell right here.
But at least you didn’t try to claim that BizzTrade is not a Ponzi and a legitimate investment opportunity.
Obvious lie is obvious.
And why were you thrown out ??? Because you joined forage and tried dragging people from other peoples teams .. you stupid little girl.
Dear Ms Lynndel “Lynn” Edginton and also to Mr Amos N Andy,
1. Thank you for your responses and thank you to OZ for allowing my original post.
2. Yes, I like to reaffirm my statement, I am NOT a member of the management team. I CAN PROVIDE PROOF/EVIDENCE. If you have an Attorney / Lawyer / law firm, I will get in touch with them and provide proof under strict agreement of confidentiality (Offer no. 1).
With your name “hyperlinked” to “Eagle Research Associates ” website, I respect the indication that you are a serious individual when it comes to this matter. So I will treat you with equal serious treatment.
3. The same reply to Mr Amos N Andy note (“Obvious lie is obvious”) – If you have an Attorney/Lawyer/law firm, I will get in touch with them and provide proof under strict agreement of confidentiality (Offer no. 2).
4. I am obliged to provide my clarifications to your statements and questions:
4.1- Ms Edgington’s Statement no. 1:
My reply to Statement no 1 :
Let me explain; After her suspension, Ms. Fareha Qadri has been sharing these letters openly on WhatsApp group(s) she created by adding BizzTrade members to the group(s) as well as sending them directly to individuals, particularly current BizzTrade members.
I am one of the recipients. I CAN PROVIDE PROOF/EVIDENCE.
I wish I could attach screenshots of these WhatsApp messages with the numerous documents she sent/posted, but I cannot.
Again, if you have an Attorney/Lawyer/law firm, I will get in touch with them and provide proof under strict agreement of confidentiality. (Offer no. 3).
The same offer goes to Mr Amos N Andy (Offer no 4).
4.2- Ms Edgington’s Statement no. 2:
My reply to Statement no 2:
“fiduciary responsibilities” – you have invoked a wider principle /concept, under English common law, within a part of the legal system known as equity (since this is happening, or the “locus” or “loci”, is in the U.K.).
A narrower concept of confidentiality may be a more appropriate here, but if you wish, I will oblige.
The letter(s) were sent by the company to Ms Qadri PRIVATELY. It was Ms Qadri WHO HAS CHOSEN TO FREELY POST THEM ON SOCIAL MEDIA, namely WhatsApp group(s) and to individuals, the company DID NOT.
The party who has breached that “fiduciary responsibility”, is Ms Qadri.
5. – Ms Edginton’s Statement no. 3:
My reply to statement no 3:
My interest is in FinTech ( Financial Technology – particularly Crypto Currencies ) sector and I am a researcher by necessity.
While doing some work and research in a few upcoming FinTech startups in Feb and March, I was introduced by a business friend, to this new Crypto currency which was about to be launched the next day (7th March 2020) called BizzCoin by this company called BizzTrade.
Since the matter of new Crypto Currency launch is my exact interest and since the business friend has known the 3 co-founders for more than 21 years (and gave me proof of it), I had the basis to look seriously into the project initially.
Unlike most people who will quickly post allegations of frauds and scams against a company without deeper insider research, I always “get inside” the company and buy their lowest package to start my “ inside research and observations”.
So I bought their smallest starter package of 50 Euros plus 10 Euros registration fee = 60 Euros.
This gets me included into Company Daily Updates via emails and Company’s Telegram Channel, members WhatsApp groups, members Telegram Groups, and almost daily Zoom calls and webinars.
With my “sceptic / skeptic” hat firmly on, I have attended their events in London (shortly before the lockdown) and joined 269 of the corporate and members zoom calls, where the co-founder or founders are usually present and presenting, not counting numerous zoom calls in Spanish, Italian, Indian ( Urdu-Hindi) and so on. I have since met the co-founders personally too.
This 5 months and 8 days (as at today) research and ongoing observation / participation has given me a clear personal insight of the company and the characters and visions of the founders on the company.
I would very much like to share these results and outcome of my research, participation and observations, but that will make this post a very long one, perhaps, I will in the near future.
But going back to the question ,”What gives you the right, or by what authority have you …” in statement no 3 above, I posted because I know what she has been posting and alleging are NOT TRUE, and it is MY RIGHT to present a clarification on them.
I do not need an “authority” to post my own findings, EXACTLY, as what the owner of this blog (OZ) and all the other supporters and opposers of this blog site are doing, including Ms. Edginton and Mr Andy.
My objective and right is to tell the truth and expose lies, the same objectives as the owner of this blog site is claiming to do, as well as you.
I know, there will likely be the swift reply, “Doesn’t change the fact BizzTrade is a Ponzi scheme though” or “Its still a Ponzi” to this, but I invite you to enggage in a very calm, intelligent, non-emotional discussion and backing up every claim with evidence and proofs before posting.
Lets not use the anonymity of the internet as a weapon to freely accuse, defame and destroy others. If we are going to claim this responsibility of exposing scams and telling the truth, lets take it seriously, and intelligently.
Put aside bias and judgmental statements without facts and proofs. Be balanced, be “independent” and be professional.
P/S I am planning on posting about 2 other companies reviewed by OZ, and possibly more, just to indicate I am not just focused on BizzTrade.
PP/S : With regards to 4 offers above, I can be reached privately by email, just indicate your email. Make it an anonymous Gmail, if you prefer, and I will email you.
I do not wish to post my email here as it will usually be seen as an attempt to recruit. Thank you.
The buck stops with securities fraud. You didn’t do any “research” beyond “will I get paid”, which makes you a “I’m getting paid so who cares?” scammer.
The evidence BizzTrade is a Ponzi scheme (it began with BizzTrek being a pyramid scheme), lies in its business model.
No legitimate MLM company would opt to commit securities fraud. And the only reason MLM companies commit securities fraud is if they aren’t doing what they say they are (using trading revenue to pay returns in this instance).
It’s funny how you demand evidence of negatives, yet turn a blind eye to the complete lack of verifiable evidence provided by BizzTrade to begin with.
Unless you were provided proof of BizzTrade having registered their passive investment opportunity with securities regulators and legally required audited financial reports proving external revenue was being used to pay withdrawal requests, you did fuck all due-diligence beyond your own wallet.
You wanted evidence? There it is.
Remind me not to get stuck in a lift with you.
P.S. BizzTrade is a blatant scam.
Buzz trade lost huge amount of money in forex trading. It’s in 10(s) of millions hence they created the shitcoin.
People who promote it, top promotors they have at least 2+ scam under thier built. Every company go they say finally we are home.
They will go down, should have gone long ago if FCA was not so fucking incompetent. My theory is most of agencies including FCA run by Indian now and by nature slow as fuck.
They keep bringing new product in the market to not run out of money. Oh before I forget they fucking charge 7% on transactions on their white label MasterCard. Which legitimate company in the world charge 7%?
People must be cult or too dump or fucking too greedy to give their money to these scammer.
Fariha is new to Ponzi schema, as I was once and she will learn soon that there is no difference between this company or that company. 99.9% of MLM is based on Ponzi, the one is not does get much traction.
M. Lee, In regard to your response to my comments, I offer you the following:
All you had to do was explain how you had a copy of the letter from compliance. The way you wrote your statement, you sounded as if you really were part of management.
Since I accepted your statement that you were not part of management, it raised the issue as to how you would have a copy of this letter if you were not part of management.
Second, companies usually demand that their correspondence of this nature be kept confidential and require the receiving party to acknowledge and comply with the confidentiality. Well that is real and legitimate companies, not companies pretending to be legal and real. Thus the reason why I raised the question.
Third, I found your comments that in order to do proper research you joined so you could have access to inside the company to evaluate it and reach your conclusion as to its legitimacy or not.
Sorry, but I have been exposing Ponzi’s for more than 15 years and I have never, ever had to join one to determine if it was a Ponzi or not. Anyone can have access to all their videos, marketing material, conference calls and much, much more information without having to join. You could have too.
Besides, it doesn’t take more than about 3 hours of serious due diligence and research to determine if a program is a Ponzi or not. That is if you truly understand the financial markets and investments and how they work; and can discern what is a real legal company versus the pretend we are a real legal company.
You see we work with law enforcement agencies worldwide, and we have to be right 100% of the time or law enforcement would stop working with us. We have never failed them.
Just a minor correction. I am a he not a she. I was not offended you referred to me as a she. It happens most of the time even though my ugly mug is on our website in my welcoming video.
Bottom line is all you had to do was explain how you had a copy of this letter in your post, and I would have never responded the way I did. While I fully know what is a Ponzi, alas I am not a mind reader.
Hope this helped you understand I wasn’t really attacking you even though my comments may have been interpreted that way, but your comments were incongruous to what you were saying and how. Hope this helped clarify this for you.
Now you know you are part of a criminal enterprise by your joining so you could “investigate from inside.” Congratulations.
Sir, you seem to have confused me with someone who cares. My, you do go on, don’t you?
Article updated with Qadri’s request we remove this article as a result of suspected legal threats.
While we’re on the subject, Oz, please go back and delete my comment here, where I misidentified neck-tattoo guy as someone other than Ruja’s brother, even though I knew better:
It makes me look like an idiot, and I don’t wanna look like an idiot. Please respect my request. This is very very important to me from a legal point and consequence.
[Disclaimer: that was sarcasm, folks. I shouldn’t have to say it, but my experiences with other visitors to this blog tell me otherwise.]
I have been sent ur article by a contact of mine.
Please note, although I did not give u permission to use my name & permission to use my fb contents for ur article, u are correct in that they are a Ponzi scheme. This is the first time I am contacting your kind selves.
I’ve noticed a lot of interesting comments on this.. most that are defending them are in this scam, as I’m sure u are aware.
I also noticed a comment that I requested u to withdraw the allegations against them, I did not request any such thing.
Looks like they have created an email address under my name & have created further fraud. My fb account also got hacked and someone posted the rapido crap on there.
I am not & will not be looking to do any mlm given the experience I have had with my first experience. Please see my latest post on fb for updates.
They blackmailed me to delete my original post where I called them out. If u have downloaded it or know anyone who has, please send it & I will repost. This is MY email address, if u need to get in touch
As explained in the email you sent me shortly after this article went live, we don’t need your permission to use your name or public FB posts.
As I said, in the above comment, it is the first time I have contacted yourself.
The previous one was NOT myself contacting you?!?
I have never contacted you before? So when you say I contacted you a few days after it went live, it wasn’t me?!?
Please read the messages properly. They contacted you pretending to be me!
Cool. And you expect me to verify that three months after the fact how?
“But I got hacked!” is a meme in the MLM underbelly.
And she’s back….. another update from Fareha (first few mins are in urdu but then the rest in english):
So if I’m understanding correctly, Fareha put out a video calling out BizzTrade scammers. Got
threatenedpromised her money back so changed her tune.
When she didn’t get paid she changed her tune again.
And now she or someone pretending to be her is on here expecting me to believe on good faith she didn’t threaten legal action if we didn’t take this article down (back when she thought she’d get paid if she disavowed her original video).
Wonderful example of how to completely trash your reputation.
You invested in a Ponzi scheme love, your money is gone.
(Ozedit: derails removed)
Being in Financial Services for nearly 2 decades, after conducting extensive due diligence and research, I can categorically confirm this BizzTrek / BizzTrade firm is nothing more than a Ponzi scheme.
I was recently involved in a dialogue with the founder & CEO along with their national brand ambassador and they were unable to shed light on some basic questions which only added to my concerns. I know a number of people (clients) who have reportedly lost thousands with this company.
I think you should all give Fareha a break here. If your hard earned money was essentially stolen, I doubt you’d be best pleased either.
There is far too much manipulation going on here and it’s not fair on Fareha who clearly has been a victim of this Ponzi scheme.
Rather than focusing on what she said/did or did not say/do, you should focus your energy in naming and shaming those responsible and bringing an end to this blatant SCAM.
A company with no UK registered address and no FCA registrations (required in such schemes when taking other peoples money) should be avoided at all costs.
“We are a company who doesn’t do their own trades but focus on generating income via MLM (glorified pyramid scheme)” are the exact words of their brand ambassador who tried to pitch me this SCAM over a year ago.
Stay away at all costs.
Fareha, I hope you can find peace during your time of solitude. Stay strong and remember you’ll come out stronger.
I dont feel sorry for her, she recruited people who lost their money and now she lost out then went back to them we should feel sorry for her.
No way she part of the ponzi bizztrade as it is.