Laurie Suarez threatens RBCG Bank investors, confirms Ponzi
Back in January we reported on Recycle Bot owner Laurie Suarez ignoring investor withdrawal problems.
Nine months later little has changed. And Suarez is up to his old tricks again.
Considering Recycle Bot, apparently now known as Recycle Bot Crypto Growth Bank, hasn’t been paying out much for the better part of 2019.
That affiliate investors are still trying to withdraw is somewhat remarkable.
From a practical standpoint, the vast majority of funds invested into Recycle Bot wind up in Suarez’s back pocket. A trickle here and there is paid out to affiliates.
As investment dwindles, naturally withdrawals do too. Which brings us to Suarez’s latest social media outburst.
I think it’s time for me to write this post as it is clear that the Workplace lives are not getting through to people.
This platform is not a get rich quick scheme, it is not a tree that bears BTC, nor is it a platform that allows you to become a millionaire with a deposit of 0.005 BTC.
You may think all these things but unfortunately it is not.
I am slowly getting over the daily discussions of withdrawals with people because these people have no concept nor idea of what an investment platform is all about.
They are simply to [sic] absorbed in their own space to care.
I have no idea what Suarez is telling affiliates these days, but the original Recycle Bot promised a daily 2.8% ROI for 60 days.
In any event Suarez goes on to lament on how dreadful it is that RBCG Bank investors are trying to withdraw what is represented to them as earned funds.
This morning I had a conversation with a member that was very dissatisfied at the fact that the platform had not honoured his withdrawals.
So, I asked the person, “how much did you invest?” He replied “3K”.
I then asked how much have you withdrawn from the platform, he said, “5K”.
This person has made 2k profit from his investment which is approx. 90% in 12 months and his complaint is withdrawals.
When I asked him, did he plan to invest more into the business he said, “once I get more withdrawals”.
Again I don’t know what Suarez is feeding RBCG Bank affiliates today, but dating back he’s represented external revenue generation via recycling, Ugandan company deals, cloud mining, forex trading and arbitrage.
If any of that wasn’t bullshit, it really shouldn’t matter how much RBCG Bank affiliates withdraw.
If the funds are available for withdrawal in the “Workplace”, they should be readily withdrawable. Period.
But of course RBCG Bank is a Ponzi scheme and without new investment, sans what Suarez skims off the top, there’s nothing to pay out.
Here’s the problem. 99.9% of our members think that way.
They wake up every morning, go down the rabbit hole to wonderland, turn on their computers … log in … and watch their trees bear BTC.
If their tree is not bearing BTC they get very cross, put on their wizard’s outfit and start to wave their wands with spells and bad fortune.
Back in the land of reality, there is the 0.1% of members who understand that if something is good to them, they need to keep putting in a percentage of there [sic] profit to enable greater returns for them and giving the company more ability to grow.
Simply put, no new investment = no returns.
Legitimate investment companies don’t operate like this. Ponzi schemes do.
Just because the plan is 25% withdrawal why do people need to take it all?
Why do you need to withdraw everything available to you?
If the maximum is $10,000 a week why do you need to take it all?
People who do that don’t care about this business.
Now some maybe grabbing the old PONZI SCHEME cards right about now and yes I would expect the rabbit hole people to do so, but in the land of reality this is not classed as a Ponzi scheme it is classed as growing and protecting your investment and the company providing the vehicle paying the dividends.
Again, if RBCG Bank was generating external revenue and using that to pay investors – what does it matter who withdraws what?
The only scenario in which a passive investment opportunity runs into trouble without new investment, is one using a Ponzi model.
As obvious at that may be though, Suarez doesn’t want to hear it.
I am sick of dealing with this crap every day.
The bottom line is this.
If any of the above rings true to you, get the hell out of here.
Leave before I tell you to leave because I can smell you rabbit hole people a mile away.
Tomorrow I will be posting a list of people who have recovered their initial investment and more and if they are not prepared to continue to support this business and have plans of sitting back and reaping rewards your journey here will end.
So that’s that. Hand over more money to Suarez or bye bye monopoly money withdrawals.
People have 24 hours to understand this platform, crawl out of the rabbit hole and start to respect this business.
Suarez’s message went live early last week. Since then anyone who dared question him has been booted.
One affiliate recounts being told they were stupid and “didn’t understand English” when Suarez was asked about their account.
Another was booted for “speaking their mind”, following “no withdrawals in months”.
Looking forward, no doubt those with the largest withdrawal balances owing will be culled.
Everyone else will be expected to cough up new money, Suarez will pocket most of it and we’ll be back at square one in a few months.
I smell a ponzi program collapse and shutdown soon. Laurie will be claiming there were too many withdrawals at one time and will leave investors hanging high to dry while he starts another one.
Suarez / RBGlobal haven’t been “paying” since late December 2018, other than to a handful of insiders.
He has successfully intimidated the rest of the membership into remaining silent, for fear of being booted.
Suarez can keep RBCG “alive” as long as he likes – it’s not costing him a cent.
Laurie is a frustrating individual. He continuously makes up excuses as to why we are not able to withdraw and loves to blame his members for just about everything that does not go his way.
Things have now gone from Bad to Worse in Laurie Land as we can only withdraw 10% of the amount we earn each week. It used to be 25%.
In addition he came up with crazy Minimum and Maximum withdrawal amounts per subscription fee that you must pay…
Meanwhile, he handles over 250 personal Arbitrage accounts on his own where people claim they are earning over 20% a week..and all getting paid. Rubbish!!!
This dirty sob laurie suarez belongs in jail.
he is the worse scammer outhere Law Enforcements Agencies take action Interpol FBI he is a deceiver dirty bastard with rb trash scams.
Suarez is a gangster….purely and simply. He’s a boorish, foul mouthed thug who, as everyone knows, when questioned about his business, intimidates people to shut up and remain quiet or he’ll chuck them out of his business.
Earlier in the year I decided to withdraw my deposits from his bank and losing a lot of crypto in the process (Suarez had changed the rules regarding what could be withdrawn and what he was confiscating) then draw out what was left at 5% every 2 weeks till all crypto paid out.
I’ve made 5 withdrawal requests however received absolutely nowt. Now the withdrawal facility is “disable”…not even good English (which can also be said about a good number of his communications).
He’ll quietly disappear in to the ether and in doing so leave a good number of enforced investors that have all paid good money high and dry.
Wonder what his next…”get rich quick”, ponzi scheme will be, unless once again the authorities catch up with him and put him back behind bars where he really needs to be.
I suggest anyone and everyone join the crusade of Bobby Seighal! REPORT the MOTHERF** …you won’t see a penny of your money but take some satisfaction in knowing that we are taking action against him!
I was booted from the platform when I took a stand that he wasn’t going to dictate to me who my friends are! I sit with four pending deposits for 4 months only to have them rejected and the choice of moving to another platform.
My downline that exited at that time…though promised that they could still withdraw according to his terms….have not received even one withdrawal…Lauries reply….exiters can just wait….NO ONE is going to get money out of this! It’s an absolute SCAM!!!
He pays out a handful of people about once a weeks to keep people hanging on in hope!!
People like Laurie Suarez don’t get by for long…God’s vengeance will reign!
That’s because he is spending it on himself and his big black Dodge Ram and Winnebago.
I’ve lost over 50k with the mentality that invested money will grow on trees in a quick fashion, and have come a long hard way to learn that nearly every online investment scheme is a scam.
Stop putting your money with passive income promise schemes because for one there is no such thing as passive income.
And second there are tons of people out there like this guy who will send you to the slaughterhouse with all the other poor lambs.
Started with the Bot, way back. Worked well. Then went to the web and that was when all the trouble started. Got 2 more withdrawals out of the web.
See.. His opening was that anyone could afford the $20 or so to get involved and over time could have a very good income. And this is highly possible doing it in a proper trading procedure.
Meaning only profits are withdrawable. Unless the investor wants to earn less and remove invested $$ as well.
So technically everyone SHOULD be able to remove the 2.9% a day profit and continue earning the same mount every day because the invested amount stays the same.
Anyway.. withdrawals stopped and nothing for months… Then subscription fees came out. Then he starts touting off about pay your subs or get out. To people who couldn’t afford it.
My monthly sub was $500. Not of my choice because I was forced into specific contracts that put me in that subscription category. Almost as much as my mortgage was. Insane. And pay up or shut up.
Called him on his bullshit privately and he promised a payment. Never happened so I called him out on the Workspace platform. Next I knew I was kicked off and locked out of my account.
Funny part is I can now log in to my account and see my 6 figure balance available.. nothing else exists and I can ask for a withdrawal… Ha..
Laurie Suarez is a scumbag thief that toys with people’s financial futures. He deserves jail time AGAIN for what he did.
Maybe with the lawsuits against him now he will get it. No, you will never see any money from this pond scum, but like another poster, satisfaction to help him get what he deserves.
1 in a hundred of these types of offerings have merit. 1 in 500 will make it more than a year and a half.
Never invest more than you can afford to lose.
Withdraw as much as you put in ASAP. Then no money out of pocket is lost,
One can usually see the signs of scam in the presentation. Knowing what I know from higher level commercial banking… These COULD be real, but it takes a special type of individual to deal in that level of commercial bank trading.
Laurie isn’t one them. Nor would he hang out with them. They have too much integrity to allow association with them types.
Move to the side of integrity. Look for JJ Rhyme’s Financabilities on duck duck go.
There never was any profits. All Suarez did was recycle invested funds.
Don’t invest in Ponzi schemes. The end.
“Technically” or not, that’s precisely why people get caught by these fraudsters.
Nobody, in the history of the planet has been able to offer returns of 2.9% a week, much less a day, on a regular basis WITHOUT being a ponzi.
To think that anyone believed a convicted fraudster with a long history of fraud would be able to do so is almost beyond belief
Scammers often given nonsensical advice like this on how to supposedly make money from Ponzis. To the kind of person who would invest in a Ponzi scheme, stuff like “Withdraw your initial stake, and then everything you make after that is profit” sounds like it should be possible.
In reality, as they know, 90%+ of punters will find it impossible to withdraw as much as they invest before the scheme collapses, no matter what strategy they use, as that’s how the maths works.
My cat knows about more than commercial bank trading than you do. I am serious.
My cat does not think that commercial bank trading can consistently make returns of 2.9% per day. Therefore she has an unassailable lead over you.
Some have said he should be in goal well he has been for fraud at least two times I know of.
Called himself a friend, cried to me one day saying the bank was going to take his home throwing his wife and kids on the street, Money had to be paid that day, gave him $5,000. 00 was to be given back the next Tuesday by his father who was supposed to be overseas. Never got the money still haven’t!
I phone his wife Tanya she knew nothing about it told me they rented don’t. He is a layer and a fraud would steal from his kids probably has.
Has a bad habit of blaming you for all his problems (how dare you chase him for the money saying things like I knew you would be a problem ha ha).
all I wanted is what he promised and he just keeps on doing it. Anyone knows where he is leave a comment I want this coward.
He will of cause tell all how bad I am has a habit of that to bad or not bad he still ripped me off.
What a fool I have been. Believing that i could get returns from this scheme.
It does not work or sure. There is always problems with withdrawls and rarely come.
Your balances are all inflated on all the platform making you believe it’s yours and accessible to you if you keep paying the expensive fees.
The reality is that you keep paying the fees but none of your investment or hard earned cash will come back to you.
I’ve lost 95% on my money so far.
Please don’t send any of your money into this platform unless you are happy to loose it. May be you have cash to burn! I don’t.
Remember that it’s too good to be true, it is NOT.
I was actually an RBCG member, I had a pending withdrawal since September 2019, as predicted, nothing, paid all my subs and new deposits and still nothing.
I haven’t been on RB talk for weeks, I see the last activity was like 14th May, what has happened to the platform? I hope it’s been shut down
Niyah. That particular chat app has been shut down.
The new one is rbtalk.net
People be very very cautious when dealing with Lorenzo Suarez, in fact DON’T deal with him.
We lost 3.5 million AUD through this fraudster back in 2005/6. He has lied to Everyone he comes in contact with. He has 3 children from his first Marriage and his ex wife no longer has anything to do with him.
She lost everything because of him. He has clearly roped another poor soul into marrying Him with the promise of spoils.
We were going through a torrid time as a family with the devastating loss of a family member nd he couldn’ t even give us a withdrawal of our money to pay for the funeral. We lost our home, our cars, everything we had worked so hard for.
He had already spent a number of years in jail for fraud unbeknownst to us when we met him. He has defrauded mining bosses, bikies, the elderly, he doesn’t discriminate and the DPP can’t believe he is still alive.
He spent 7 years behind bars for our lot plus there was another group of people out for him totaling $22 million in fraud.
He fraudulently signed mortgage documents that were such good copies I would swear it was me who had signed them.
DO NOT DEAL WITH THIS PIECE OF SCUM!!!!!
Why isnt there a class action or some kind of legal action in place against this person?
Good morning! My reply to Laurie Suarez is that he is scammer. Yes! he is but my GOD will punish HIM “Laurie Suarez” and his children to his tenth generation for what he did to me.
He played me and my Son. (#1.2m) one million two hundred thousand naira. Right from the first day I joined to the day he closed my portal, I did not collect a dine.
The Sun, Moon and stars will work against Laurie Suarez, His wife and children in the day and in the Night. The gods in his land Australia will work against him in the day and in the Night.
His children will never see good or see the light of the day. Because he made me to pay a bank loan which I did not bargain for.
How can this clown get away with this shit for do long.
Cuz AU authorities be like “wHaT’s A pOnZi ScHeMe?”
Does anyone know the best place to report Laurie from? I also got scammed from him and have contacts of other people who also got scammed.. where is best place to report?
Suarez is based out of Australia IIRC. Unfortunately Australian authorities have a poor track record when it comes to MLM related fraud.
hi this is what laurie suarez did to me the scammer
Ok well seems like everytime I have a withdrawal something comes up not to pay me robatron ?? Pools ? Dxr? Dxb ? And so on emails not replied to ever I have done everything that was asked of me all this time.
You take away 34 btc 377 ltc and 86 eth and only say your going to pay me around 80000 ?? Doesn’t even cover one of them !
Did I bitch no just kept on believing your bs and that I was helping your company and that I would get paid and just got more lies still I kept my acct in good standing.
Did what I could to invest in other sites and pools that never got paid for only to dxr what a joke !
Every withdrawal went back into your sites except the last one ! Total bs ! Thanks for ripping off my wife and kids and a friend ! They seen your bs a long time ago I should of listened to them and others that have contacted me that you owe !
Every other site I deal with pays within a hour or two never once has this happened on your site ever! Maybe try paying people on time everytime and stop lying to everyone ffs !
You can sure take any payment quickly ! I had a bunch of guys interested In investing in pools too but seen very clearly no timely withdrawal ever so they all backed out ! You made the sites and rules I followed them and this is what I get nothing but lies !!!! Cheers
You people quote lies lies and more lies!! I have been with RB since 2018 and have been always paid. (Ozedit: abuse removed)
You being part of Suarez’s inner-circle doesn’t change RBCG Bank or whatever he’s calling it today being a Ponzi scheme.
Nor does abusing the victims you stole from.
Never been paid from this scammer. Tried to contact Helen (supposly MD) and she never answer my emails.
How can we do to contact authority and report this guy?
Probably via email or phone would be my guess.