Intelligence Prime Capital now a crypto Ponzi with IPC token
Rather than just slink away with what they’ve stolen, Intelligence Prime Capital is priming investors for another round of losses.
The forex trading ruse has run its course. So now Intelligence Prime Capital is an MLM crypto Ponzi.
Intelligence Prime Capital set up their transition to crypto fraud with IPCloud, announced towards the end of March.
IPCloud has now been expanded with the introduction of two Ponzi shitcoins; IUSD and IPC.
IUSD is represented as being worth $1 each. It’s an excuse to convert USD monopoly money backoffice amounts to a shitcoin Intelligence Prime Capital can dump at any time.
The Ponzi side of the business will now take place in IPC tokens.
After converting backoffice USD balances to IUSD, IPCapital affiliates are being urged to invest in IPC tokens for 5 to 8 cents each.
Whether returns will just be paid on invested IPC tokens or there’ll be some staking ruse cover has yet to be disclosed.
On the backend, IPC tokens will be converted back to IUSD when it’s time to cash out. IUSD will then either be paid out internally or dumped on public exchanges.
Intelligence Prime Capital’s new crypto fraud phase might start off with internal withdrawals but, given the original Ponzi collapsed, that’s not going to last long.
The public exchange exit-scam will see ISDU dumped on dodgy exchanges. Affiliates rush to cash out and whatever artificial value ISUD starts with plummets.
The takeaway here is that once a Ponzi scheme collapses, it’s over. The hoops Intelligence Prime Capital will enact to get anything out will only get bigger.
New money is going to be scarce due to existing investors believing they’ve got a ton of money to cash out but can’t. Why throw more good money after the bad.
That in turns leads to a decline in recruitment, and so the Ponzi death spiral continues.
Oh and then there’s the corporate shenanigans and “regulators!” nonsense, which conveniently disappeared when it’s time to ask for more money.
Ipc has the dumbest investors in the world.
Many of them still believe it will pay off soon. They are under a spell.
Oz look into the other joke they are now promoting copts bot. So many ipc promoters dumped their folowers to suffer and rebranded their groups to other scams like validus and copts.
OMG I WANT MY MONEY US$ ONLY.
Your money’s not there to be given back.
The scammers in Singapore and shills on YouTube stole it. Welcome to Ponzi schemes.
You are correct, sir. Oz made the same observation back in January, when one dope after another rocked up to defend their beloved IPC.
That was comment #73 in Oz’s initial review:
It’s been 4 months of utterly predictable implosions, backpedaling, ever-changing cover stories, and rejected withdrawals, and some still believe it’s not a scam.
Some people are just beyond help.
Too many dump people with smartphones. A platform that couldn’t pay you convert your funds to a worthless token, imploy you to keep recruiting new user to buy the shitcoin.
I can’t believe people are still falling for this. IPC will rug pull a that’s going to be the final blow.
Never buy into a crypto whose developers and marketing team are unknown. With no utility, this coin won’t go anywhere.
Do we have any identity of one of them ? I don’t want to let them free so easily.
Surely you investigated the identities of the people you handed over your money to, before doing so?
I invested 1000$ but could not but buy token always shows Soldout even no reply same as recorded answers to mail.
I referred even 7members they are all asking me and I am not answerable to them. Please help me and guide me to take out the money..
You invested in a Ponzi scheme. Your money is gone. Sorry for your loss.
Oz- Please reach out to me directly if you are willing to provide info to LE. How do you know they are from singapore?
What info? I’ve published what I know.
They admitted as much. And certainly look and spoke the part.
Could be long gone now but Intelligence Prime Capital was very much a Ponzi scheme being run from Singapore. Neighboring Malaysia is always a possibility too.
I am trying to verify location, this is important. I am not clear where you derived the singapore location from. If they said it, then as you mentioned, it is not worth trusting their word.
I believe Singapore was mentioned on the webinars (all deleted by this stage) and also IPC’s server ran on Singapore time. Corporate webinars were also scheduled as per Singapore time.
Not conclusive but beyond that you’d have to be sitting next to them to verify.
No emails/phone numbers. Anything on social media is purpose acquired for the scam anyway.
I see. I have downloaded those schucks webinars which they reference, though they frankly seem so stupid they may even be ignorant to the fact that the whole thing was a scam…nevertheless…what they did was a federal offense.
I’d like to have more linking to Singapore, though you make good points. Perhaps other victims have access to the corporate webinars still/were recorded…
Keep up the good coverage on this Oz.
Is it possible to cash out OZ, spending much time developing their app , bringing tokens without contract address, I don’t know I deposit $700 and get nothing same month ripout came.
If you’ve invested in Intelligence Prime Capital and have to ask, I think that answers your question.
Are they? Or are they stalling for time while they do a runner? It’s hard to tell from where you’re sitting, isn’t it?
Another cloak of deception on their part.
You do know, though, don’t you? Sorry for your loss.
I recommend you scroll to the top of this page, right under the headline, and click on the link “Intelligence Prime Capital”. It will take you to a list of articles on IPC.
Scroll to the end of the list and click on “Older Entries”. Scroll to the bottom of that list and select the article Oz wrote first about IPC. Read the review. Read the (hunderds of) comments.
Learn the difference between solid analysis and wishful thinking (or outright lying in support of a scam).
If you pay attention, you’ll learn to avoid scams like IPC in the future. Good luck.
I am already ipc customer, i invest the 1000doller, but there is no response, after 2 month my wallet is nill, pls help me.
You invested in a Ponzi scheme and your money is gone. Sorry for your loss.