50/50 Crowdfunding Review: Five-tier 2×2 matrix gifting scheme
50/50 Crowdfunding (also known as 50/50 Fast Funding) provides no information as to who owns or runs the business on their website.
The 50/50 Crowdfunding website domain (“5050cf.com”) was first registered in August 2017.
The domain registration details were last updated on August 9th, 2018. Unfortunately the registration is private and provides no information on the owner.
Further research however reveals blog posts on the 50/50 Crowdfunding website authored by David T. Rosen.
Rosen (right) first popped up on BehindMLM’s radar in 2015, as founder of PIE 24/7.
PIE 24/7 was basically a “pay a monthly fee and recruit other affiliates who do the same” scheme.
By early 2016 it appears PIE 24/7 collapsed, with one affiliate claiming they hadn’t been paid for 7 months as of April.
In March 2018 Rosen resurfaced with Cooperative Crowdfunding, a 3×10 matrix gifting scheme.
Alexa traffic estimates for the Cooperative Crowdfunding website suggest the scam collapsed a few months after launch.
Read on for a full review of the 50/50 Crowdfunding MLM opportunity.
50/50 Crowdfunding Products
50/50 Crowdfunding has no retailable products or services, with affiliates only able to market 50/50 Crowdfunding affiliate membership itself.
The 50/50 Crowdfunding Compensation Plan
50/50 Crowdfunding affiliates purchase positions in a five-tier 2×2 matrix gifting cycler.
A 2×2 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positons).
In total, a 2×2 matrix has six positions to fill. Positions are filled via subsequent position purchases by directly and indirectly recruited affiliates.
Once all six positions in a matrix are filled, the position cycles out and enters a new matrix on the same tier.
Gifting payments across all five of 50/50 Crowdfunding’s cycler are as follows:
- $250 matrix – gift $250 in and receive $750 in gifting payments
- $500 matrix – gift $500 in and receive $1500 in gifting payments
- $1000 matrix – gift $1000 in and receive $3000 in gifting payments
- $2000 matrix – gift $2000 in and receive $6000 in gifting payments
- $4000 matrix – gift $4000 in and receive $12,000 in gifting payments
Whereas some matrix cyclers recycle funds toward tier progression, 50/50 Crowdfunding’s tiers appear to operate independently of each other.
Joining 50/50 Crowdfunding
50/50 Crowdfunding affiliate membership is free.
Participation in the attached MLM opportunity however requires a minimum $250 gifting payment.
Full participation in the 50/50 Crowdfunding opportunity costs $7750 in gifting payments.
Conclusion
50/50 Crowdfunding claims to be a “peer to peer crowdfunding system” that uses “Mobius Loop and the System G Technology”.
50/50 Crowdfunding Is A Peer-To-Peer Team Crowdfunding System, Which Means There Is No Waiting For A Matrix To Fill, No Middleman And 100% Of All Donations Are Immediately Assigned To A Beneficiary.
This is nothing more than meaningless marketing waffle to mask the true nature of the business.
50/50 Crowdfunding is nothing more than a cookie-cutter matrix-based gifting scam.
There is no “mobius loop or system g technology”. 50/50 Crowdfunding uses a simple 2×2 matrix.
New participants gift funds to existing 50/50 Crowdfunding affiliates, for the sole purpose of qualifying to receive gifting payments from people who join after them.
This is key, as payment to qualify to receive gifting payments is what separates scams like 50/50 Crowdfunding from legitimate crowdfunding and/or donation platforms.
Given this is Rosen’s second gifting launch in 2018, it seems he’s at the stage of his career where it’s a new launch every few months.
You’ve got to be pretty ethically and morally bankrupt to pursue the launch of scam after scam, as evidenced by Rosen’s use of Mother Teresa to promote cash gifting:
The reality of gifting schemes like 50/50 Crowdfunding is that they primarily benefit only those running them.
Rosen, through one or more preloaded admin positions on each tier will collect the majority of funds gifted in.
A few early adopters will receive what’s left, leaving the majority of participants with a loss when 50/50 Crowdfunding inevitably collapses.
Update 29th October 2019 – Since publication of our review 50/50 Crowdfunding has added $25, $50 and $150 gifting tiers.
Matrix gifting payments across these lower tiers are $75, $150 and $450 respectively.
One thing I’ve learned over the last few years is when you see the word matrix is that it’s more profitable to keep your money and run.
Oh just charming, look what Thomas McMurrain is pitching to his CoinMD followers:
imgur.com/a/HWaZZJl
Life is so much less difficult when you live in a moral vacuum.
I take it solving the world’s medical problems through blockchain didn’t work out then.
I wouldn’t go that far.
Tom recently bought some bot traffic to pull his Alexa ranking out of their subterranean slumber.
He’s using OneCoin’s KYC excuse to delay payouts (perhaps till even past Christmas).
I can’t stand listening to his pimp calls but judging by some of the language barriers popping up in his facebook group I’d presume he’s working the Pacific Rim, Africa and South America already.
But pimping a matrix cycler? I guess it’s just proof that a bottom feeder will never starve if he never stops digging.
DAVID ROSEN: Is a professional fraud and will steal you blind. BEWARE OF THIS THIEF….
All over the Facebook groups – really annoying.
John Van Deurzen appears to be promoting this big time. snag.gy/jzDPb6.jpg
This appears to be another scam.
Its amazing your review has no problem calling CROWDFUNDING a scam when many organizations use it, and more amazing is the ignorance in using the word scam when no-one has lost one penny!!!….
SCAMS usually have a victim….DO YOU HAVE ANY EVIDENCE AS ANY SO-CALLED VICTIMS of this alleged scam?…
quite frankly your review is one-sided and lacks the veracity of truthfulness….I’LL USE THIS REVIEW AS I USE TOILET PAPER…..
Nope, never happened. Referring to your illegal gifting scheme as “crowdfunding” and even sticking in the scheme’s name, doesn’t make 50/50 Crowdfunding any less of a gifting scam.
Legitimate crowdfunding != illegal cash gifting.
Yup, basic mathematics. Every dollar you receive through 50/50 Crowdfunding is the net-loss of someone who joined after you.
At any given time this group is the largest percentage of 50/50 Crowdfunding affiliates. When recruitment inevitably dies, they realize a loss.
If you want real world examples of this happening, look at Rosen’s previous gifting scams.
Please don’t. What with the amount of bullshit scammers such as yourself run around the internet spewing, there won’t be much of a review left.
JOE BORRAS: Another 50/50 CF whore running around trying to claim this scam is legit. What a piece of shit with his claims.
Sorry to disappoint you but 50/50 Crowd Funding works very well, i dont know whos trying to turn you around away from your dreams.
People are making large amounts money, dont knock it until you try it trust me.
Cash gifting scams “work” for as long as new gullible morons sign up and hand over money.
Then when recruitment inevitably slows down, they don’t “work” and the majority of participants realize a loss. This is fact based on basic math.
This may come a surprise but not everyone’s goal in life is to be a bottom-feeding scammer.
Bottom line the people who fell in love with this type of business model is the same reason why this company is being promoted.
In other words emotions are blinding the truth but the numbers don’t lie and the facts remain the same.
50/50 CF , the classic Ponzi scheme under David Rosen hasn’t collapsed yet?
This one will have a ton of losers when the volume of new members starts to slow down. Why do people fall for these obvious scams.
I don’t see how this is scam. You find 2 people who want to make extra money and they find 2 people who want to make extra money online.
Your matrix is filled by everyone that enrolls. I here people are making good money with this. We have a rotator.
to get your 2 referrals. You do not need personal referrals to cycle. If you need personal referrals to cycle more people will stay away.
A one-time out of pocket is better than having a monthly purchase. A lot of people do not commit to monthly purchases.
At any given time the group that hasn’t “found 2 people” is the largest. When recruitment inevitably dries up they lose money.
Your pitch highlights the fraudulent nature of the scam. Zero acknowledgement that the majority of participants are guaranteed to lose money.
Gifting pyramid schemes are illegal for a reason.
The way it works is there is help from above – So if a person hasn’t found 2 people, The people above them are bringing in more people and their landing underneath those people.
There’s also helping from below, so eventually these spots get filled by somebody – And people want to earn money. It’s peer-to-peer so nothing goes through the back office. It’s basically people power, helping each other – fast.
I see what some of you are saying with understanding the math – But this isn’t a “scam” The company only makes the 29$ fee for use of the back office. And don’t you realize that if people stop buying a companies product(s) then that company collapses?
That’s just basic economics. Except with this it’s a way that people can come together and fund each other – And that’s a good thing! And people know they need to bring on 2 people..
You guys are so focused on what usually happens and saying like: “Oh just wait till it slows down”. Yes, the company needs people to run! So what? So does a lot of other shit!
This isn’t a scam, It’s working for the people who work it. And follow the rules. And it’s not illegal, It’s co-op crowdfunding. And the best part is, it’s peer to peer and it’s fast!
They tell you to bring 2 people because once you do your even forever! Then you got people above and below you filling the spots with you.
This is fine man.. It’s not a scam, there’s no hard work, no selling shit.. Anybody can get on board with this. Don’t join it if you can help 2 people out.
^^ First scam?
You get recruited by scammers and give them your money. Then you scam others and take their money. Cash gifting schemes are nothing new.
And don’t kid yourself, you’re not helping anyone by taking their money on the false promise there’ll be an endless supply of new victims for them to steal from.
There’s no products bought and sold in a gifting scheme. Nice strawman but.
1. Yes, anyone who “works” a scam tends to make money. What does that have to do with anything?
2. “co-op crowdfunding” is not a legal term. It’s meaningless jargon used by scammers such as yourself instead of what scams like 50/50 Crowdfunding actually are; illegal cash gifting.
Unless you got in early and are hell bent on scamming people, you should be too.
Cash gifting schemes are mathematically guaranteed to result in the majority of participants losing money.
These people are everywhere promoting this. I can not understand why they don’t understand that, yes crowdfunding is LEGAL, but this is NOT crowdfunding at all. it is an illegal gifting scheme.
I hear all this talk about FRAUD!! Meanwhile, breast cancer (Ozedit: “what about” derail removed)
The way I see it, if I can at least get half of what i’m donating back to me and ACTUALLY KNOW how much the next man is getting from proceeds. It’s a win-win.
The fact is folks, cancer will (Ozedit: derail removed)
There aren’t an infinite number of suckers to steal from. At any given time the majority of participants in a cash gifting scheme haven’t recouped their spend.
When recruitment inevitably slows, this group loses its money. This is basic math.
Fraud comes into play when you have scammers such as yourself running around the internet claiming gifting scams are “win-win”, when they are clearly not.
you’re not ‘donating’ if there is an expectation of a return. that’s called an ‘investment’.
I see a lot of people promoting this in the same lines of big companies such as Go Fund Me.
The difference is quite clear. With them legal companies you are donating knowing you will not make a return (Giving money for a good cause etc) With this 50/50 scam you are giving money on the basis you are expecting a return.
Serial scammer Justin Verrengia has just mailed his list on this offer. I think he’s single-handedly trying to get hi name in every scam review offered by BehindMLM.
Sickening ad copy …
Several years ago I was offered a fund raising job. The job offered a 25% commission. After doing some research, I found out that it was just another pyramid scheme, like this 5050cf.
The company wasn’t really fund raising for any charities. After many complaints, many states Attorney Generals sued the company and shut it doing and the IRS went after as many people as they could track down, they were prosecuted.
Don’t be fooled, this is not LEGIT.
I have no idea if this is a scam or not, but here’s my thought.
Most Ponzi’s collapse because new people stop coming in. The way I understand it, every time you cycle you need to invest again.
$250 pays $750 with a $500 profit. Then another $250 is invested and returns another $750. That second $250 comes from your profit in the first round. From then on $250 returns $750.
Why would anyone stop investing? Sounds like a perpetual money machine to me.
Well worth a $250 roll of the dice and better than the stock market.
You evidently have “no idea” about basic math either. Where do you think your $500 “profit” is coming from?
You’re not “rolling the dice”, you’re stealing from people who invest after you as per an unsustainable mathematical formula.
Yeah because there are always unlimited people with $250 in hand ready to give it away.
The idea here is that just because you can put $250 up again and again does not = you will get paid each and every time.
Someone is always the loser in these schemes.
I guess you gonna tell us about your legit business now….
(Ozedit: No. Offtopic derail attempts removed.)
Don’t assume just because you’re a garbage human being who makes a living scamming others that everyone else is too.
i Totally agree with oz…this is just a way of stealing money from other people while you think you are investing..
one way or the other those who have used the system first they tend to gain more,, unless if there was a way where everyone is forced to re donate to others and the spill overs to be divided equally.
Nobody thinks that handing over $250, waiting for other mugs to join and then being paid $750 for nothing, is investing.
Whatever they may pretend, including to themselves.
If all “spill overs” were divided equally then the end result is that everyone would end up with exactly the same amount of money that they started with. It’s a zero-sum game. Who would sign up for that?
$250 investment for a $750 return?!? You must be kidding me not!
How is it that a crowdfunding MLM is even legal? Whether it’s a donation or what. Pyramid scheme. And this is NOT a Salvation Army charity game! It’s a pure pyramid scheme! Having two recruit two then recruit two! Eventually everything dries up! And the bottom will pay the uplines!
No tangible products at all!
Just same old same old David rosen’s scheme! Conned thousands of innocent people! Jail this guy!
So by your thoughts, GofundMe, KickStarter etc are scams?
Not in the same sense 50/50 Crowdfunding is. None of those companies solicit funds on the promise of a 300% ROI paid out of subsequently solicited funds.
i want to join 50/50 crowdfunding but i dont have marstercard i have visa card what must i do then.
On the back of your card there should be a number to call Visa on.
Give them a ring and ask if the rep can assist you with using your Visa card to deposit funds into a cash gifting scheme.
Report back and let us know how it goes.
Alright this shit just hit France and knowing people that are in MLM, I just started to hear about it.
The a little difference with the systems now, is that the lowers “gift” is at 25$ for 150$ on returns.
Know I understand and agree with a lot that was said here (comment & post) but I have a few questions:
1-this post is from mid 2018,so if it’s really a scam why wasn’t it been taken down yet? And how much time can these systems survive?
2-like I said it’s new in France, and hearing about it early make me able to be around the top of the pyramid and the still a lot of people who are ready to enter the scam chain under me.
So my question is, if I play the gifting game over and over with more and more money, what do “I” have to loose with a full matrix. Is it possible that I loose money? (plus the system does not pass by banks but directly by PayPal accounts).
Thx
Unfortunately regulation is reactionary and tends to be slow. Often if any action is taken it’s long after the scam has collapsed.
Gifting schemes last the same as any other scam; for as long as gullible victims sign up to lose money in them.
You might be at the top of your local pyramid but you’re at the bottom of company-wide cycler.
Your credibility and whatever passes for your conscience.
This is nut, it’s a straight up pyramid!!! WAKE up people they do make money for some by scamming others! bank robbing works until you get shot or thrown in jail. Just because some people make money does not make it legal!!!
If you can sleep at night by scamming others good for you, that is not for me. enjoy your illegal gains until you might be in jail!!
Looks like this MAJOR scammer, Rosen, will be starting a new scam soon! What a scumbag! Let’s get this crook thrown in jail! Here is an email I received from a ponzi player:
Like I already mentioned I agree a lot with what was said here. I didn’t really need the hate.
I understand the damage that can be afflicted of the ever growing last step of the pyramid and how it can affect the lower class and community’s as a hole (look at the historic of MLM and pyramid-sceams on Hispanic culture for more info).
But I don’t believe in holding back information for moral reasons (it’s fall in the “fake news” basket for me).
So to resume everything and if my understanding is correct, yes you can win money out of this scam if you have a full matrix, but know that this money is generated from the loss of the botom line, and if that line is big enough it can seriously affect the buyer’s power of a community/country.
This is why these type of practice should be illegal even of they seem as an opportunity at a individal level.
I don’t know what kind of juridical sanction you can receive if the site is taken down, But depending on the number of participant i think it would be a very light sanction if there even is one (lol I don’t think everybody going to jail).
Have a good day 🙂
Ps: it’s pretty common in these type of scams that the CEO says something like “I do this to help the people” and when I started to look into 50/50 crowdfunding, I saw a certain numbers of article praising Rosen as a “good guy” and talking about how great he is.
This guy really trying to clear his image up
no one can help you hate being exposed.
Well how about you stop withholding the facts then?
You don’t “win” anything in a gifting scheme, you steal from those who join after you. There is no excuse or justification for gifting thievery.
You are correct “win” is the wrong word, I apologize. But once again, we are on the same side.
The biggest issue is that at the end of the day he takes what he can get out of the naive and easy to convince (like me for example). He simply cannot be trusted with money nor any system as a admin.
He is great in talking and won’t stop.
Means good but does harm, as he is not very much developed mentally and perhaps should not be so hesitant to at least meet with a professional to get assessed.
I know him very well and feel that to truly help people to start volunteering locally, being hands on. However he is not a people person. It’s all about him.
He started as a admin with give1 get4 (g1g4) and made some money. 20 million apparently. However after it crashed big time, he spent everything within a few years. It’s very similar to 50 50.
He says he understands number but ignores the fact that more people loose out that those that win. No new money is created, it took me a while to understand that simple fact.he tries to pressure and blackmail anyone who chooses to say anything against him as it destroys his bubble.
He is not trusted with moneY or financial things, that’s why he needs a middleman on papers and payment processors. he should be in jail so he understand more clearly.
A COMMENT FROM JOE BORRAS ASKED IF THERE WAS A VICTIM THAT HAS LOST WITH 50/50 CROWD FUNDING.
WELL I HAVE. I AM AN ELDERLY PENSIONER AND RECENTLY LOST MY HUSBAND ON 6TH DECEMBER 2018. ONE OF THE FRAUDSTERS, WHOM I KNOW FROM BEING ASSOCIATED WITH OTHER MATRICES, ANDIS NOW IN THE OFFICE WITH 50/50 IN SOUTH AFRICA ASSURED ME THAT HE WOULD HELP ME TO JOIN THE MATRIX. I WAS TOLD TO PAY APPROX $145 (ZAR 2000) AND THEY WOULD BUY MY TOKENS NEEDED TO JOIN AND THEY WOULD HELP ME TO FIND PEOPLE TO GO ON MY NAME.
I WAS THEN REGISTERED BY THEM FOR $25 (!!) AND EVEN THOUGH I GET EMAILS TELLING ME TO PAY FURTHER $25 OR THAT PEOPLE HAVE PAID ME I HAVE NEVER RECEIVED A CENT NOR HAVE I RECEIVED THE DIFFERENCE BETWEEN $145 PAID IN AND $25 SUPPOSEDLY PAID TO SOME ONE.
WHEN I TRY TO REPORT THIS THEFT TO THE LEADERS THEY SHUT MY OUT AND CLOSE RANKS. I HAVE NEVER BEEN ABLE TO WRITE COMMENTS ON THE CHAT GROUP AS THAT IS FOR ADMIN ONLY.
I HAVE WRITTEN TO SUPPORT AND NOTHING IS DONE ABOUT THAT I HAVE NEVER RECEIVED AN EMAIL FROM THEM EVEN ACKNOWLEDGING THAT THEY RECEIVED MY EMAIL!
SO MR JOE BORRAS, IF I HAVE BEEN STUNG AND AM FORCED TO REMAIN SILENT BECAUSE OF THE SYSTEM, HOW MANY OTHER PEOPLE HAVE BEEN CAUGHT BY THESE EVIL “LEADERS” STEALING MONEY FROM THE ELDERLY AND VULNERABLE.
THAT’S WHY YOU DONT HEAR ABOUT THESE SCAMS. THOSE THAT ARE SCAMMED HAVE NO VOICE!!!!!
I am one of the people who believe in 5050 crowdfunding,anyway I strongly believe that anything is a risk in life.
if people think 5050 crowdfunding is a scam, thats fine its within their rights to see it that way, but I think if we can all understand how 5050 works (2×2 matrix) everybody benefits here.
If you join and you dont get 2 people as you know you should do so, from whom do you expect domations from??? that is when people will say 5050 has collapsed.
5050 crowdfunding is very straight forward (2×2 matrix) lets keep on educating peolpe about 5050 as it is one of the powerful tools that we can use to change the poor financial situation in the world.
What you believe about life has nothing to do with 50/50 Crowdfunding being a gifting scam.
What you think about the fact that 50/50 Crowdfunding is a gifting scam is irrelevant.
Mathematics guarantees that as time goes on more and more people will lose money in 50/50 Crowdfunding.
It’s is impossible for everyone to benefit in a gifting scheme.
You’re not helping anyone but yourself by scamming people through cash gifting, least of all the poor.
Hi, I am a very sceptical of the whole thing, never done it before and stealing money is not why I think anybody wants to be a part of anything, for that matter.
I am looking for ways to fund my wards education and am in need of some funds urgently. If I join below someone I am ready to take a risk.
If I want to minimize it I will join with two people and my money comes back to me. It is strictly told to anyone joining below me to join only if they have two people with them, so that they do not loose money.
So everyone joins if he only has two more people with him or else not.
What you want to do with the funds you steal from people who join after you in 50/50 Crowdfunding doesn’t change the fact that you’ve stolen the funds.
Much in the same manner if you held a bank up for $x, you’re not going to get off because “I needed the funds urgently”.
Let’s – for the sake of argument – believe that this marketing speech will actually hold 100% in real life: Nobody promises to join in before he/she has made sure that two people have promised to join in below him/her.
Naturally people on the second level (those two people below you) only promise to join in after they have both found two people who promise to join.
And those people on 3rd level (2 x 2 = 4 people) have not promised to join before they all have found two people that promise to join.
These 8 people on 4th level won’t promise to join before they have each found two people who promise to join.
16 people on 5th level.
32 on 6th level.
…
On the 31st level people won’t promise to join until they have found 4 294 967 296 people to the next level. Unfortunately there are already that many (minus one) people already waiting for the promise to join from someone, meaning that there aren’t anymore enough people left on this planet to fill the next level.
…And this is why pyramid schemes crash.
Sorry, but if you join you do it knowing that several people below you will join without listening to that rule of not joining without having two joiners below them.
No answer in a week. I suppose it is pointless to argue against elementary school math.
@ Otto
Your calculations to the necessary members in a fraud system are absolutely correct and known to everyone for many years.
But: as soon as a participant has paid in, greed eats his brain!
It is even advertised by the initiators of such a system: you have to be there at the beginning, then you earn money!
Yeah, but Kumar was very clear that he “wants to minimize the risk by joining with two people” and how “it is strictly told to anyone joining below him to join only if they have two people with them“. Not to forget his summary of “everyone joins if he only has two more people with him or else not“.
I merely wanted to point it out that if he still joins in, he also has to acknowledge that people below him did not follow that advice and someone down in the chain will lose money. Unavoidably.
How is 5050 cf now? Is any authority stepping to shut this ponzi down?
Seems it’s growing MASSIVE
Alexa shows a decline as of earlier this month. Unless they find another country to plunder #RIP pretty soon.
Oz
Last month David Rosen was touring around Asia to scam everyone again! Wonder why his gifting scheme hasn’t collapsed! Ponzi!
BIG NEWS! This Ponzi has caught the investigations attention last week! More dramas to come in weeks! Get ready to shut down for David R 5050 SCAM!
Poor victims!
I assume you meant caught the investigator’s attention last week. Which investigator(s) would that be?
Yes. In Africa, Taiwan and Hong Kong and some others. It is some obvious gift cashing PONZI recruitment.
when no one recruits new one, this Ponzi slows down and RED ALERT to authorities to the Promoters!
The Best 2018 Marketing Spin goes to David Rosen’s 5050.
A 2×2 matrix is not a techonology, its a linking system and thats all it is, used over 40 years by 1,000’s of Opp’s’s/companies.
There is no system G technology, there is no mobius loops technology, it’s just the David Rosen spin doctor talking.
Its like calling a pencil a personal hand held carbon inscriber, with human interface hand held touch. technology.
Its still a pencil.
Wow what a classic Ponzi scheme, 5050 had entered india and what a dushbag so called Indian leaders are promoting on YouTube Facebook these are publicly robbing innocent people, these guys should be put behind the bars.
(Ozedit: Vinod Shedge marketing spam video removed)
I live with David T. Rosen’s ex for 8 years now . David T Rosen ( aka Davy Ishmael)-his birth name and East York Collegiate name ( where he received his GRADE 11-Hurray !!!) is just what virtually EVERY comment above states–2 bit rudimentary scammer—always has been and probably always will be… Even though he is up there in age you are NEVER TOO OLD to be a thief—-it’s in your blood. PLEASE don’t throw away your hard-earned $$$$$
Sir what is deferences between 5050cf.com and 50-50cf.co?
Nothing material. Same scam, different website domain.
If crowdfunding is a scam then (Ozedit: Snip, see below)
Crowdfunding isn’t a scam. Running an illegal gifting scheme pretending to be crowdfunding is a scam.
Strawman “what abouts” removed.
Professional BEGGAR—nothing but.. Whether over the internet or on the street Asking/ Begging people for their $$$ is JUST THAT…..
David Rosen makes videos BEGGING you to give him your money…This is what happens kids when you DON’T STAY IN SCHOOL–you are reduced to scamming and begging/ asking people for their HARD-EARNED.
Sick way to live and even sicker to give a “handout” to a beggar like David Rosen.
When i just learnt of this business and the person who runs it, i did my fair share of research and wondered why a lot of persons have so many negatives to say.
Sadly, i can second that.
First off, let me say this isn’t coming from a place of hatred or jealousy, but from my solid and truthful mind. I can and will be prepared to defend everything written below with the use of audios, videos, text messages etc.
David T Rosen, formerly Davy Ishmael, is indeed an awful person who’s scamming everyone he crosses path with. Lets talk about his character for a bit. (Ozedit: Snip, let’s not.)
If you’ve got anything to add with respect to 50/50 Crowdfunding, great.
This isn’t the place for personal rants against Rosen.
Mr. Oz
How can you call yourself a credible information site when you post complete nonsense that has nothing to do with ANY business.
You obviously haven’t verified any of the information being sent to you or even tried, you’ve simply joined the malicious band wagon.
Ask any of those people to use their REAL NAMES and come forward, see how many takers you get.
Shame on you sir.
David Rosen
You should see the stuff I send to the spambin…
Seems like you’ve got quite the disgruntled following Mr. Rosen. That tends to happen when you shamelessly scam people over and over again.
OZ,
How about we talk to the hundreds of thousands of people worldwide who’ve BENEFITED from my systems.
Or the close $1,000,000,000 (one billion dollars USD) that have gone to help people get out of debt, save their business or place of worship or any of the thousands of other reasons they needed the money?
How about you let people know that…
– 100% of ALL donations go the people with no middleman taking a cut
– Everyone is equal with no one having an unfair advantage, not even me
– There are no qualifications, no time limits, no interference of any kind
How about you post the hundreds of positive comments that people send you about my businesses on your site?
And why is not a single assessment, including yours, even remotely accurate as to what my system is or what it does or how it works?
To be a good and insightful site you need to post both the good and the bad.
(Ozedit: derail attempt removed)
And why would you post clearly bogus information from people with a grudge that has nothing to do with business on your site?
I provide great system that truly help people and force BAD companies to clean up their acts, why wouldn’t you champion that?
David Rosen
(Ozedit: more derails removed)
Math is math. If “thousands of people” have “benefited” from your matrix-based gifting schemes, many thousands more have have been scammed.
There is no good to report on when it comes to gifting schemes. Only fraud. And we certainly don’t celebrate scammers here.
I can confirm this never happened.
50/50 Crowdfunding is a gifting scheme. People sign up, you and your cronies steal their money. That’s all there is to it.
And NO 50-50cf.co is NOT the same as 5050cf.com
It is one the hundreds of COPYCAT sites – they do not have our software or system.
It’s a 2×2 matrix script. Anyone can buy one from India for 50 cents.
WRONG OZ.
I CAN PROVE over 65% of ALL Active Donors have received something even many who did NOTHING. Tell me another system with that type of success.
—– Math is math. If “thousands of people” have “benefited” from your matrix-based gifting schemes, many thousands more have have been scammed.
There is no good to report on when it comes to gifting schemes. Only fraud. And we certainly don’t celebrate scammers here.
WRONG OZ
I know personally of dozens of people who have left positive posts and if you will post them I will get hundreds of real people who will use their real names send you messages to post – will you post them?
WRONG OZ
It is a proprietary system with a unique MOBIUS LOOP that makes everybody equal, keeps their teams together and possibly cycling forever.
OZ – It’s a 2×2 matrix script. Anyone can buy one from India for 50 cents.
WRONG AGAIN OZ
100% of ALL donations go directly to the members with NO MIDDLEMAN.
OZ- 50/50 Crowdfunding is a gifting scheme. People sign up, you and your cronies steal their money. That’s all there is to it.
Mate I run the website. Stop lying.
I can tell you now sounds like marketing spam. If the comments do not address the fact that 50/50 Crowdfunding is a gifting scam they will be marked as spam.
This is literally cash gifting.
It’s a 2×2 matrix script you bought from somewhere. Same as all the other 2×2 matrix scripts out there.
Math is math. Stop lying David.
OZ, I’m not looking to get into a pissing match with you, most of the companies you report are scams, ponzies or pyramids and SHOULD BE brought down.
My systems are one the few systems that were actually built to see people benefit.
Give me a fair shake, that’s all I ask.
David Rosen
There’s no pissing. Math is math.
Every dollar someone receives through 50/50 Crowdfunding is a dollar someone else lost. Stop lying David.
WRONG AGAIN OZ
Would you like place a wager of any amount (Ozedit: No I wouldn’t, offtopic derails removed)
Feel free to address the fact 50/50 Crowdfunding is a 2×2 matrix script-driven gifting scheme. Anything else will be marked as spam.
OZ, what is GIFTING?
You’ve launched at least two illegal gifting schemes, and now you’re going to ask what gifting is?
MLM + affiliates sending money to each other which qualifies them to receive payments from other affiliates = gifting. It’s illegal across the world.
Oh and this isn’t Facebook. Stop wasting my time every time you have a brainfart and think it’s worthy of its own comment.
Read what I’ve written and actually reply to it. That’s how a conversation works.
OZ PLEASE EXPLAIN WHAT GIFTING IS (Ozedit: brainfarts removed)
You asked what gifting was and I laid it out for you in #92.
IQ 404 not found.
If you don’t understand the concept, get someone to explain it to you (local law enforcement should be more than happy to assist).
Otherwise please go have a breakdown somewhere else. I don’t feel like sitting here and hitting the spam button all day.
I will continue to mark your comments as spam until I see a response to #92.
Again, I’m politely requesting you please have your meltdown somewhere else.
OZ, I asked you to explain gifting and now I would also like to know the difference between gifting and crowdfunding.
Thank you
In legitimate crowdfunding payments made do not qualify you to receive payments from other participants.
See, that wasn’t so hard was it? I respond to you about 50/50 Crowdfunding, you respond to me.
Leave the offtopic meltdown spam at the door. Your sockpuppet cronies too.
WRONG AGAIN OZ
No one needs to make a donation to receive donations in 5050, if you have a cause, you can request donations the same way you do in sites such as Facebook, GoFundMe etc without needing to first send a donation…
AND THEY GET 100% OF THE MONEY!
I’m sorry, how does that change what I wrote?
Anything you add to a gifting scheme doesn’t change the gifting scheme itself. I.e. New participants signing up, paying existing participants and thus qualifying to receive payments from subsequently recruited participants.
What you can’t do in legitimate crowdfunding websites is donate to a cause, which qualifies you to receive payments from other members of the site (participants).
When this review was published, 50/50 Crowdfunding had a $250 fee attached to the MLM opportunity.
This is a review and discussion of 50/50 Crowdfunding’s MLM opportunity (the gifting scheme).
Any additional bullshit you may or may not have added to it is irrelevant because you can’t legalize fraud.
WRONG AGAIN OZ…
What part of this is unclear – NO ONE NEEDS TO SEND A DONATION TO RECEIVE DONATIONS
The part where anyone needing to send a donation to receive donations has nothing to do with 50/50 Crowdfunding’s illegal gifting scheme.
I’ll repeat this one more time: What you add outside of the $250 MLM opportunity buy-in is irrelevant. The MLM opportunity side of 50/50 Crowdfunding is still cash gifting.
From the review:
MLM + affiliates paying affiliates = cash gifting.
Please get someone to assist you if this isn’t sinking in.
Oh I see you’ve added a few more lowball gifting tiers since our review date.
I’ll add them as an update to the review.
“world-famous Mobius Loop and the system G Technology”
… fcking HILARIOUS
My favorite question for the gifting queens of the internet is:
If everyone who participates expects to receive more money than they “contribute” … where does the extra money to pay all of them come from?
SD
(Ozedit: derails removed)
Be fair OZ – this was never about you and I. And your actions make it seem like I’ve done you wrong. I haven’t.
BUT I will defend my businesses and my reputation to the full extent of the law.
I’ve HELPED hundreds of thousands of people OZ.
(Ozedit: derails removed)
You’ve launched a plethora of gifting scams and you want to claim you’ve done nothing wrong? Please.
There is no defending cash gifting. It is fraud and you as an operator of a number of gifting schemes are a scammer.
If you want to bring the law into it, gifting schemes are illegal the world over.
No, you’ve stolen from them David. Christ, grow a spine and own your thievery.
Off to buy some popcorn.
Lovely to see Mr Rosen squirm.
Help us out here, David. In which jurisdiction is there a law which allows pyramid aka cash gifting schemes ?
David T Rosen you are just TOOOOOO FUNNY for words. So you will defend your reputation and your business to the full extent of the law. Seriously?
Let’s put your money where your mouth is. You are a crook, a con man, and a liar. Every “business” you have ever run has been an illegal cash gifting scheme or an illegal pyramid scheme. So sue me for libel and defamation of character.
We both know that there is no way in Hades you will file this suit. First, the last place you want to be in in a court of law trying to defend your “business” and your reputation.
Second, you know that during “discovery” I would eat your lunch. Third, once you brought your civil suit you would open yourself up to criminal charges. Fourth, you don’t have the gonads to file the suit.
So cut the I am a pillar of integrity, honesty and run a successful legitimate business crap you tried to foist on all of us.
Lynn, you’ve never said it any better and when I open my mouth, people think I’m lying.
I have zero need for that, I’m only letting people know the truth.
Everyone needs to speak up as this man has zero grounds for a case and if he did, he’d have tried suing those before for defamation of character.
A court house is the last place he’d be as 1) he ain’t got no money. 2) lawyers will dig into his past and current. 3) he’s known for either sexually assaulting or rape (he was taken out of an apartment in cuffs from head to toe).
I’ve never seen / met someone more lie and sick than this person. And until his last breath he’ll defend it. Sick!!
I wait for the day someone takes him to court so I can voluntarily testify and provide all my receipts.
Don’t let this man scare you. If you have a story, share it with us.
David Ishmael your comebacks to these comments were as lame as your pyramid scheme. You have NO reputation at all to defend…we all still laugh among ourselves and the concierges at the 99 Harbour Square Condo about ” If he knows em’ he owes em’ Rosen and the day you were taken out in handcuffs and shackles in front of the entire building. The only people “afraid” of Davy Ishmael are landlords and women—-AND RIGHTLY SO!
After a long time I have realized that he may be a excellent example of a “absolute narcissist” person.
I am no rocket scientist, but I am 67 years old and been around the world a few times.
This is wrong, just wrong. How do you make more money out of the same amount of money? Someone at the bottom always has to lose.
You are not selling a product where new money comes in. You are just shifting the same money around, and when no one else joins in, the bottom falls out and all those people lose.
Its a total pyramid scam, where the money comes from the bottom of the pyramid to the top, and so the bottom “members” always lose.
You will never have “never ending people” joining. It will end, and many will lose bigtime.
If you feel good about that, wow, I feel sorry for you. It truly is stealing, and if such a great concept, the Romans would have been doing it, and no one would have needed a legitimate job since then.
And don’t try to tell me this concept was just thought up!!! LOL.