Keep It 100 collapses, website maintenance exit-scam
Terrence Pound’s Keep It 100 Ponzi scheme has collapsed.
Following a July 27th webinar in which Pounds claimed Keep It 100 investment had dropped from ~$100,000 to $~5000 a day, Keep It 100’s website went offline.
Visits to Keep It 100’s website now reveal an unscheduled maintenance message:
As BehindMLM understands it, Keep It 100 disabled withdrawals on or around Wednesday.
On Telegram, Keep It 100 claims the website will be back on Monday. This buys them the weekend to tie up any lose ends before disappearing.
Keep It 100 launched a few months ago and pitched a 10% daily return.
Terrence Pounds claimed he owned and operated the Ponzi scheme, up until BehindMLM reported on his pending COVID-19 loan fraud sentencing earlier this week.
Following publication of that article, Pounds quickly backtracked and began claiming Keep It 100 was run by an unnamed third-party.
In two videos uploaded to Pounds’ “Money, Ministry & Motivation” YouTube channel since Monday, Pounds has repeatedly asserted he can’t be seen to be running Keep It 100 due to his “legal situation”.
Pounds told one Keep It 100 investor;
If it means my freedom or you losing your money, you’re gonna lose your money brother.
The majority of Keep It 100 investors are believed to be US and Canadian residents.
Total losses and how much Pounds stole through the Ponzi scheme remain unknown.
Update 29th August 2023 – After returning with a new 25% a month business model, Keep It 100 has once again exit-scammed its investors.
Due your stupid investigations and articles lots of us lost their money.
You think you are doing good, but actually we are the ones who are suffering. He’s not going to rug, if wasn’t you.
We are not going to loose our hard earned overtime money if it wasn’t you. Well done.
You lost money because you invested in a Ponzi scheme.
Math is math. Every Ponzi collapses and the majority of investors lose money.
You’re butthurt you didn’t get to steal from subsequently recruited victims. Good.
We lost because of your stupid investigations, they claimed to be long term project, not a ponzi , but he was investing our money into real trading and heavily into different ponzi projects. (Ozedit: derails removed)
Look I get you’re barely literate but again, you lost money because you invested into a Ponzi scheme.
You are the greater fool, and that’s why you’re butthurt.
Scammers can claim whatever they want. Ponzi schemes run only as long as gullibles continue to invest.
10% a day. Gullible much?
LOL at blaming a Ponzi collapse on someone other than the Ponzi creator. Just more fraud by Terrence Pounds.
Ggg Translation:
“If it weren’t for Behind MLM exposing us, we could keep fooling folks and taking their money without actually “investing” money.
Now I’m gonna have to find another ponzi scheme to lure folks in with.”
Here’s the reboot exit-scam (they’re going for the long drawn out “plz forget about your money” route):
120 day exit-scam. Start the clock.
Realistically they’ll probably wait a month, accept nobody is going to lose further money (no new investment or reinvestment from existing investors), and pack it up just before the first 30 day withdrawal period.
This might go on till just under the two-month mark if they feel the reboot has a chance of luring new suckers in after 120 days.
Its a technique which one of the most prolific behind the scenes ponzi promoters from SA uses on his victims.
in his own words ” A platform doesnt collapse, its the people that collapses the platform”, so onto the next one, milk it, collapse, it, in one continuous cycle.
I cant believe what I am reading. ALL PONZIS blame everyone but themselves because they are run by greedy people who want to make a quick buck. OZ has actually save people money by doing this research.
You actually admit that the owner of the scam went and invested your money into so called trading and PONZIS. And you still blame OZ.
There is no help for you. Go and run after the next scam and the next, and throw money on a fire.
Maybe one day you will realize what is the actual problem. The ones who dont care about you are the leaders who get in early, with large networks, of which you are a small part.
You are just another victim.