South Africa’s NCC finally announces Crowd1 investigation

12 Comments on “South Africa’s NCC finally announces Crowd1 investigation”

#1

brian ski

Jun 27th, 2020 at 11:59 am  brian ski(Q)

This is very Crowd1 topical and hilarious.

From coffeezilla: “crowd1 is it a pyramid scheme?”

youtube.com/watch?v=JxR1CYlacgY&t=1s



#2

BigC

Jun 28th, 2020 at 10:23 am  BigC(Q)

Crowd1 just applies its DILLIGAF policy to everything and everyone.

I think they modelled themselves after OneCoin.

C



#3

Tracker

Jun 28th, 2020 at 8:35 pm  Tracker(Q)

They all are former sellers of Onecoin.
They execute perfectly what they have learned.



#4

brian ski

Jun 30th, 2020 at 5:15 am  brian ski(Q)

Johan speaks:

blog.crowd1.com/blog-post/johan-stael-von-holstein-challenges-swedish-media-outlets

This is comedy gold including:

Do you think their descriptions of your business and your position are accurate?

– No, but I can, however, understand some of their issues and concerns about the Crowd1 business. It is a complicated corporate structure that takes time to get into, but they have, however, chosen not to see the bigger picture.

The criticisers of the Crowd1 business have only chosen to see the aspects they themselves want to see.

So….its all good….just above our pay grade…huh ???



#5

Oz

Jun 30th, 2020 at 8:03 am  Oz(Q)

Obviously Crowd1 isn’t a Ponzi scheme. Holstein and the gang have managed to rewrite the Ponzi model, we’re all just too inept to see it.

The reason that doesn’t fly outside their investor-base unfortunately is because Crowd1 is literally the same as every other MLM Ponzi out there.



#6

Tracker

Jun 30th, 2020 at 10:03 am  Tracker(Q)

These scammers are looking for ways to delay the collapse of their ponzi scheme for as long as possible, so that victims easily accept their loss.



#7

Minx2962

Jul 5th, 2020 at 3:20 am  Minx2962(Q)

If you want to take your money out you have to open a Bitcoin account to take it out.

If you want to join and purchase packages you pay into bank account of your sponsor or pay them cash then they buy a coupon on their account from their earnings then sign you up. Surely this is not legit.

Today Crowd1 were launching new products. I believe that the company is a registered company here in SA. Does this make them legit?



#8

Oz

Jul 5th, 2020 at 11:35 am  Oz(Q)

@Minx2962

I believe that the company is a registered company here in SA.

Crowd1 hasn’t registered with the FSCA. Any other registration they might have in SA is irrelevant.



#9

Tracker

Jul 5th, 2020 at 12:52 pm  Tracker(Q)

Withdrawal by bitcoin has become very difficult. One month minimum for the lucky ones.

The only way to withdraw money is to sell gift codes. The system literally collapsed. They’re trying to reboot it with this product launch but it can’t work.

People were attracted by dividend promises and were disappointed. With what evidence will they convince the new ones?



#10

brian ski

Jul 5th, 2020 at 1:43 pm  brian ski(Q)

“The system literally collapsed.”

-Concentrating on the 3d world keeps the regulatory wolves at bay longer but there just isn’t the $$$ to keep a money game/scam the size of a Crowd1 paying for very long.

-I saw the update for the “Super Online World Event” on the Crowd1 Facebook page. (In the comments on the July 3d, 8:15am post.)

There is nothing here that will bring in the $ they need to speed up payouts.

Hotels and tickets with Covid raging? An specific app for Nigeria/South Africa?

Good luck with dat….

The rest is just dealing with “haters” and reorganizing the site.

July 4, 2020 (Online World Event) Updates:

1.) New Optimization in the back office. Expect major upgrades in the back office in the upcoming days.

2.) LifeTRNDS – New Crowd1 Product. Bookings for Hotels, Plane tickets, etc. People can now book hotels and tickets from all Crowd1 Members. Roll-out of this product to all members is 3-5 days. Check your emails.

Earn commissions by selling and buying hotel accommodations and tickets. Please check your emails for instructions on how to use this product.

3.) Golden ticket promotion – You have 48 hrs to register on LifeTRNDS after receiving an email. All who registers at LifeTRNDS will receive a free White Package. Check back office for more details.

4.) Local Product Expansion:

A.) SAFER APP – built for South African Market. Security and Health App. Check the SAFER App for more details.

B.) Tribute – Lifestyle App/ Affordable Luxury App – will cater our clients in Nigeria. Check Tribute app for more details.

5.) New Product Compensation Plan for new products. Please check the benefits for users, active members, and the income residuals pools in the back office.

6.) Support: Faster response speed when messaging support.

7.) Legal: We now have a system that scans all social media and media postings, positive and negative about Crowd1/ ICT. These will be addressed by the legal team.

8.) Creation of Business Points: BP represents the bonus we receive in Crowd1. 10 BP is 1 Euro. You can use these BPs to purchase products and packages.

9.) New documents (legal) about the company will be provided in the back office for everybody’s guidance. A standard presentation will also be given.

10.) CStore – Library of products where all affiliated products is located and is accessible with one button.

11.) Next event is August 8, 2020.



#11

Oz

Jul 5th, 2020 at 5:14 pm  Oz(Q)

Nobody in Crowd1 gives a fuck about any of these “sorry for your loss” changes.

They signed up for “lol free money”. This shit is now going to drag on until victims accept they’ve been scammed.

After which they’ll shake their fists at the scammers in Europe, who’ve already squirreled away the money they’ve stolen.



#12

Tracker

Jul 5th, 2020 at 8:36 pm  Tracker(Q)

Oz you’re right.

They try to bewitch their victims so that they easily accept their loss. Aaahaa!