Multi-Buy World Review: €50 EUR adcredit Ponzi with e-commerce
Multibuy World provide no information on their website about who owns or runs the company.
On its website Multibuy World claims it was initially launched in Italy as Promo Italia.
Multibuy Srl was founded 23 years ago in Italy under the name PromoIitalia and was renamed to Multibuy srl in 2014.
Today, Multi-Buy is a very successful Travel/E-Commerce Company in Italy!
This appears to be porky pies for a number of reasons:
- I couldn’t find any information about Promo Italia within the MLM space
- the Multibuy World website domain (“multibuyworld.com”) was only registered on October 31st, 2016
- Multibuy World claims to be “very successful” with 150,000 customers, yet Alexa statistics for the Multibuy World website domain match the template of a newly launched and previously unknown company
The listed owner of the Multibuy World domain is Giancarlo Santigli (right), with an address in Catania, Italy also provided.
For reasons unknown, Multibuy World provide a corporate address in Malta on their website. Needless to say it appears Multibuy World exists in Malta in name only.
On his Facebook profile Santigli cites his location as Rome, Italy, which is presumably where Multibuy World is actually being operated from.
Possibly due to language barriers, I was unable to put together an MLM history on Santigli.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Multibuy World Products
Multibuy World has no retailable products or services, with affiliates only able to market Multibuy World affiliate membership itself.
Bundled with Multibuy World affiliate membership is access to an affiliates only e-commerce platform.
The Multibuy World Compensation Plan
The MultiBuy World compensation plan sees affiliates invest 50 EUR in “PR Packages”.
Each PR Package invested in pays a €0.35 EUR daily ROI.
ROI payouts are paid 50% in cash and 50% in “Eurocredits”, which must be used on the MultiBuy World e-commerce platform (1 Eurocredit = €1 EUR)
Residual Commissions
Multibuy World pay residual commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Multibuy World cap payable unilevel levels at six.
Commissions are paid out as a percentage of invested funds across these six levels.
- level 1 (personally recruited affiliates) – 8% (€4 EUR)
- level 2 – 5% (€2.5 EUR)
- level 3 – 4% (€2 EUR)
- level 4 – 3% (€1.5 EUR)
- level 5 – 2% (€1 EUR)
- level 6 – 1% (€0.5 EUR)
Joining Multibuy World
Multibuy World affiliate membership is free, however affiliates must invest in at least one €50 EUR PR Package to participate in the attached income opportunity.
Conclusion
Multibuy World attempt to market themselves as an e-commerce platform with a successful history. Even the Italian version of the company website however was only registered at the end of October last year.
Whatever may or may not have existed prior to late 2016 clearly has nothing to do with Multibuy World’s current MLM offering.
Said offering is unfortunately nothing more than an adcredit Ponzi scheme. New Multibuy World affiliates sign up and invest, with those invested funds used to pay off existing investors (Multibuy World call it “revenue sharing”).
Multibuy World “recommend a minimum of” ten PR Packages for new affiliates, with the “ultimate goal” of one thousand.
The e-commerce platform exist solely to reduce ROI liabilities, by forcing affiliates to spend money on third-party services and products.
Multibuy World naturally collect commissions on these purchases, which will (presumably) be redirected back into Multibuy World’s daily ROI payouts.
Anyway you cut it though, the math behind perpetual daily ROI payouts on a fixed sum of investment is not a sustainable business model.
At 0.35 EUR a day, a PR Package starts draining funds after 142 days. Alexa traffic estimates for the Multibuy World website only show activity from late February, which means initial investments will start draining the system around mid to late July.
Continued investment will prop up the system for a while longer, but from that point onwards ROI liability is going to get bigger and bigger each day.
Inevitable affiliate recruitment will drop off, which will directly reduce the new investment rate.
Once a certain threshold is crossed, Multibuy World collapses and the majority of affiliates lose money.
In the presentation video they recommend to buy 10 packs for 50€ each (total 500€), of course you can buy much more.
Hi. I was just reading your article – I’m not trying to start a discussion but will try to help clarify a few things. I understand your concerns when finding this information.
I was in Rome in April to the opening ceremony, where I saw the office and met the 3 owners: Giancarlo Santigli, Kirby Raneri, Gianluca Salvemini
No you won’t be able to find information in the MLM space as they are not an MLM company. They were founded under the name of Promo Italia in 1994 and in 2014 they switched name to Multibuy.
Multi buy has been a company working with shopping, traveling, E-commerce. They have a lot of partners and offered a Loyalty Card – a bit like a membership card – where people could get some great discounts. You can see their partners here multibuy.it
Correct, Multibuyworld is the new revenue sharing platform (Not MLM) launched by the company Multibuy.
Their goal is to expand to global market and they launched this new platform the 20th of February. So therefore it makes great sense that it was not registered before October 2016.
Again, Multibuyworld is a brand new platform. The 150.000 costumers belong to the 23 years old company Multibuy and is a part of this Loyalty card program.
Yes the company Multibuy has the main office in Rome, where the owner is located. While launching this new platform they got an office in Malta, which is the office for MultibuyWorld. You won’t find any MLM history on the owner as again, they have not been dealing with Multi-level Marketing.
The product in Multibuyworld is PR packages. PR packages are advertising packages.
For every single package you buy you also get 1000 views on an ad of your choice. For example I am advertising for my Website and getting valuable traffic to it, so I am happy for my product 🙂
Multibuyworld is not an investment. You buy a product. And this products allows you to take a part in the daily revenue sharing.
And last but not least – Ponzi schemes.
In ponzi schemes it is only new members giving money to the older members. That is the only stream of income.
Multibuyworld is started with more than 175 big advertisers such as Zara, Tesla, Apple, Nikon, Coca Cola and more, paying us to watch their ads (for example like they pay a channel in the television to show their ads).
Of course it also comes from the sales of PR packages, but also membership fee, downline fee and the whole sale they are doing with the traveling and shopping platform.
(Ozedit: Marketing spam removed)
I hope this was helpful 🙂 All the best and have a wonderful day.
MLM compensation plan = MLM company.
Revenue-sharing in MLM = Ponzi scheme.
has nothing to do with the MultiBuyWorld Ponzi scheme. So why be disingenuous about MultiBuyWorld?
Office or hole in the wall? MultiBuyWorld has no public contacts in Malta. It’s a virtual address.
If only affiliates buy PR Packages then they’re not a retail product.
You’re really going to argue the cliche of ad-credit Ponzi schemes?
The SEC don’t care if you bundle advertising to a Ponzi scheme. Neither do I.
No it isn’t, because none of those companies are interested in advertising to Ponzi investors.
All of which is affiliate money and the sole verifiable source revenue entering MultiBuyWorld. Using this revenue to pay a ROI = Ponzi fraud.
Either you’re naive or being intentionally deceptive. The ad-credit Ponzi model is nothing new, MultiBuyWorld is financial fraud through and through.
Multibuy has office space in Rome with 23 employees…
Cost of an adpack is 51.80 Euros. There is a 1.80 processing/admin/SCAM fee for each purchased adpack EVEN when using accumulated funds. Therefore each adpack really only earns 8.20 Euros…
HOOWWEVER.. we are not done BECAUSE using any bitcoin wallet to purchase has huge fees.. IN addition a credit card has big fees as well as Bank Wire. To give MBW the benefit of a doubter..lets just say that it costs 1.20 Euros per adpack on your first go round when depositing and earning for the first 171 days…
Therefore we are now at 53 Euros for the average cost of an adpack…. making the real return 7 Euros.
However….. OOPS we forgot that you reallly earn 95% of earnings into a USABLE walllet and the other 5% has become completely worthless starting this week because the 5% accumulation balance they call PROMOTION ACCOUNT can NO LONGER be used to pay for your Annual or Monthly fee based on the amount of packs you have..
Therefore lets ONCE AGAIN RECACULATE. each adpack earns 57 into a Usable / Withdrawable account and the other 3 Euros…well it is now worthless…
Therefore we spend 53 and really make 57 dollars…
HOWEVER….. if you own more then 2500 (49 adpacks and above) you NOW need to come OUT OF POCKET each month and a 35 Euro fee for 49 – 200 adpacks…
Folks… it gets worse.. with MBW now cutting withdraws for the entire month until January 12 (started December 10th).. you really got to wonder what is going on… Are they really earning from SAID Advertising contracts??? What will happen come January 12th when 100’s of Thousands is requested..
Stay tuned because there is MUCH MORE TO COME….
Signed,
I dont recruit because I dont want to scam others…
OOPS. just noticed the 175 a year maintenance fee. So basically you earn a net of 4 dollars with each adpack (NOT INCLUDING THE COST TO WITHDRAW)..
This means that you need to purchase about 44 adpacks to BREAK EVEN as the Maintenance fee of 175 will be due on day 366 (YEAR 2).
Inclusion… IF YOU DONT RECRUIT…DONT BOTHER really. The “Euro Credits” are worthless for U.S. members and close to useless for everyone else.
I just compared a trip they had listed and found it 30% cheaper then their so called CLUB PRICE… what a complete piece of STOOL this company is right now..
A recent withdrawal from an affiliate caused alarm from his bank when they said ” The funds were sent from a Hotel”. Moving forward.. the PR Adpacks are currently paying about . 20 Euro cents a day..down from 37.5 cents a day just 3 months ago.
Come to find out that now you need to QuaLIfy for comissions.. You need at least 2 people in your downline to buy 40 adpacks every 90 days…
Come to find out that the comission being paid has been reduced (a good thing) from 8% on level 1 to 6% and from 6% to 4% on level 2 and then almost nothing on the levels below.
The company itself is claiming RAH RAH but clearly something is not right….
Makes you wonder what is really going on…
Alert.. They are now claiming that Withdraws are on hold due to them streamlining their withdraw process and making it easier on those who have less then the 150 EUROS to withdraw.
So Fare….SUCH BULLSHIT… I am Furious about this company right now…
I advise many people who have withdraws and they have now been pending for 5 weeks…
Funny thing… their sponsors NOR the company can give any time frame as to when they wil be processed….
However…please note that their ICO is going well and they “Were just 4.5 Million Euros away from being sold out of their new coins as of early March”
Company is collapsing quickly..Adpacks are paying about 10 cents a day/ 600 days to pay out… plus you only make 8.20 Euros Per pack after THEIR RIDICULOUS 1.80 Per pack feee…then there is a withdraw fee as well as a incoming fee for those using credit card or bank wire..
A true DEBACLE …for a company that has been around for 23 years..!!! yeah right….
Here is part of the message that you receive when you attempt to make a withdrawal from your MultiBuyWorld account:
(Yes, the “nok possible” is a typo in their message that has been active for several weeks!)
I’m furious as well; only because I was certain that MBW had great prospects, even with it’s constantly shifting payment terrain.
Now, I suspect that the only reason a vast number of members are in the program is to see if there will be any success in the ICO; I know people that have invested thousands of dollars and feel “trapped”–hoping that the ICO will at least generate enough funds to allow the company to resume payments (likely the *real* goal of the ICO).
As for whether or not the coin will be a commercial success would depend on the application. They intend to tie the coin to EuroCredits, which supposedly can be exchanged for travel-related products.
If they are clever, the coin could do well (as a commercial application) in the tight focus of that industry. Otherwise, it will simply become one of the 1500 other alt-coins that exist for small-time trade speculation.
I think the ICO is the last hope for MBW. The hype is huge on some webinars and the promises are big. The webinars have no mention of any of the non-payment issues (of course).
Support is horrible and only available (if that) seemingly a couple of hours a day.
You can take this complaint to a certain “leader” and he will push back that *he* has no problem getting in touch with support and “knows” that others get in touch with them all the time. Now, that’s a slap in the face! 🙂
Anyway, their one or two support people probably exist to state the party line that all is well, so “be patient”. You know the drill….
Ponzi scheme collapses then promises ICO?
“Going ICO” is the exit-strategy of choice for the MLM underbelly these days.
Nobody outside of the scam is going to be interested in an attached altcoin.
So victims hand over even more money to the scammers, who either run with the money and don’t launch anything; or dump a a worthless altcoin onto investors and do a runner with the money.
Either way it’s lose-lose for gullible investors.
We are now on week 6 of not being paid and as the commentor above stated…promisies of ICO coming is all they speak of.
But what about all the people that have put in huge dollars as part of their REVENUE SHARING plan via the adpacks…
I found it comical as one of their updates was that the new system would allow the algotryth to pay out mor money to the adpacks?? REALLY??
So why would you have not done that prior to the adpacks taking about 400 days to pay out??
At the end of the day… This company is HURTING… They dont respond to any issues other then “We will pay soon”….
The leaders will only talk about the ICO… in fact here is a response from TERRY JAMES himself in regard to the issue:
Turns out that Terry James.. AKA ” The Crypto Expert” has all but abandoned Multibuy World as well as his followers..
A recent quote from him regarding the company was “I Dont work for them nor do I know anything about what is going on”… Funny since he was the one proclaimed to be the expert regarding the new COIN that is coming… The so called “RESCUE COIN” that would save Multibuyworld.
The revshare part of this company is down to a virual STAND STILL with each 50 Euro Adpack taking about 700 days to mature at 60 Euros…
MULTIBUYWORLD is now 9 Weeks WITHOUT paying Withdraw Requests as well…
This company …. a 27 year old one..(YEAH RIGHT) is all but DEAD.. They milked the REVSHARE part DRY and NO ONE is going to buy the coin and they obviously have NO MONEY to make withdraw requests WHOLE.
WHAT A DISSAPOINTMENT~~~ Terry James is a MAJOR SCAMMER!!!!
For quite some time, I have been resisting the temptation to call Terry James a scammer. Unfortunately, the recent webinar he conducted did not help to bolster that resistance.
In a recent webinar, he invited one of the MultiBuyWorld owners, “Dr. Kirby Raneri” to speak about the new MB8 cryptocurrency that is planned.
There was no mention (or question) of the MultiBuyWorld program itself, the weeks and weeks of not being able to withdraw funds, or any mention of when or if that situation would be rectified.
I would have expected at least one question on that topic to either provide some assurance or put the issue to bed. No such thing.
The webinar ended without a Q&A session–possibly in an effort to avoid questions on the non-payment topic.
I’m starting to think that I will not see a withdrawal from MultiBuyWorld, even if the MB8 coin is released.
Since they have chosen the path of dishonor, I’m starting to doubt that anyone holding “Eurocredits” will be have those converted to MB8 coin in a timely fashion.
That is, they may be converted some time only after the initial rise then expected fall of the crypto MB8 price… leaving folks with an investment worth much less than what was put into it.
Although it looks like any withdrawals from MBW are a thing of the past, I still have some hope that the MB8 will help some people in MBW recoup their losses. It may take months before this is known.
Cliched Ponzi exit-scam.
Multi-Buy management and top investors have already stolen your money. That’s how a Ponzi scheme works.
Anything you withdraw will just be stolen funds from people who invest after you. Sorry for your loss.
Can you send me a link to this quote, been doing a bit of research into MB8, this would help me decide.
MBW sent out a new notification today. (The last newsletter from them was around June 1, and it mentioned nothing about the lack of payouts.) The theme of today’s notification was “We Are All in One Boat.”
The lack of payouts was (finally) addressed in this way:
They further stated, “We inform you that payouts from MBW will start again when our MB8 Coin is launched officially on one of our chosen crypto currency platforms.”
This sounds like a shameless statement that only the MB8 coin can save MBW! So, if there was no coin, then I guess there would be further silence and the eventual death of payouts, correct?
Why couldn’t they just be transparent from the beginning and state that MBW was not doing enough ad revenue business to pay out participants, so the Hail Mary is the MB8 coin…?
Of course, the onus is now on the participants to “get the word out” to family and friends to buy, buy, buy, the coin while it is in an ICO stage.
‘And if the coin flops, it is our fault for not promoting it. ‘And if the coin flops, it is our fault that we will not get payouts from MBW. I can read this a mile away.
I like the line about payouts not happening “right now”, when they haven’t been happening for *months*! For months, there has been no communication from official Multibuy channels on the lack of payouts.
Terry James has become deaf and mute on the subject. Disgusting! At least now, we will wait to see if MB8 can generate enough revenue (from however many coins they have reserved for themselves and Terry) to generate payouts in MBW.
Oz, your previous comments on “going ICO” were spot on! You called this one perfectly.
Terry and company are doing their best to hype up MB8 as *THE* coin to own in 2018 and beyond. Due to my own investment in this mess, I find myself having to hope that they succeed.
Well, as long as there is still *some* mania left for crypto currencies that can “prove” they are backed by more than hot air, I’ll keep my fingers crossed.
This is baloney. The math of an MLM Ponzi scheme guarantees the majority of investors lose money. That money winds up in the hands of the company owners and top investors by design.
MB8 coin will succeed in that it’ll be dumped as soon as it launches. Just another pump and dump shitcoin exit-scam.
Nevertheless, thanks for the update. You’re observing first-hand how MLM Ponzi scammers get away with it.
Back to Ponzi basics? (Blame the Members of the Program)
Here is a snippet from last week’s update:
I’ve seen the above type of statement appear in various forms across various programs.
They go on to state that once investigations are complete (with a positive result, of course), they will release payments. Sure.
The next paragraph focuses on establishing MBW as being separate from their MB8 Coin:
The update ends with a self pat-on-the-back for ‘how far’ MBW has come in such a short period of time. Unreal!
Anyway, MBW sees its future as the MB8 coin, that is for certain. The coin probably will not hit some crummy exchange until November–allowing the maximum amount of time for it to be hyped up on ICO phases and such.
We’ll see how it goes.
Banks don’t terminate business accounts because they receive letters from randoms.
Fraudulent activity sets off their filters, which are investigated in order to protect the bank from liability.
If fraud is suspected, accounts are closed and SARs filed with the relevant authorities.
MB8 coin has all the hallmarks of a classic ico crypto exit scam, prepaid adverts ln coin telegraph giving the impression of independent reporting hyping the coin, when in fact the article was written by Multibuy world staff..
The so called training and development manager and crypto guru Terry James is by profession a hypnotist who works on the Algarve, goes by the stage name of the “eye jacker” visit his Facebook page and youtube videos for details..
The chief business officer for Multibuy/blockchain Scotland Paul stewart appears to have gained his qualifications from running a tv and electrical repair business (btvc electrical) now in liquidation and owing money to customers, some of his former employees also appear to have gone up in the world, the appliance repair manager is now a crypto ico sales representative.. from kettles to crypto…
The Multibuy world debacle continues to run they are determined to squeeze every last penny from the mb8 exit scam,the promise of so called regulation has allowed them to keep postponing the launch date for almost a year..
the lies continue to keep coming and gullible investors continue to get fleeced ..
Multibuy World has now set up different bank accounts both in Malta and Hungry and is happily accepting Euros for it’s ico MB8 exit scam coin and a new innovation,the wonderfully named Travel package vouchers tpv…
The TPV replace the now useless ad pacs that were sold to investors some time back.
The Multibuy marketing team Chris Mann, Brian Chittick, and Roy j Maurice are once again pushing these scam packages plus coin to those gullible enough to be taken in by the obvious mlm hype of untold riches from the pyramid selling structure.
The exit scam MB8 coin(replacing Eurocredit)and tpv packages are linked into Multibuy World’s so called new e commerce travel and shopping website.. same tried and tested mlm tactics being reinvented to give the illusion of credibility to a coin that has very little true value other than to allow Santigli and Ranari to exit scam.
And the tpv vouchers that offer nothing but the hollow promise of unlimited income from selling further vouchers to family and friends..
You are correct on this point BTVC electrical was a family business specializing in domestic and industrial repair (a google search reveals all) that went into liquidation around November2018 with both Stewart brothers and sister on the payroll.
all three are now on the books of Blockchain Scotland a company set up in 2017 with nothing in the way of a track record regarding crypto experience..
strange how Multibuys payment problems with the add packs in 2107 coincide with the formation of blockchain Scotland the so called brains behind the exit scam MB8 coin ico.
Well the MB8 scam coin ico ends 31st March after almost 12 months with still no regulation in place suprise suprise..
Over a month before this date the former electrician Paul Stewart said “The end of March was more than enough time to complete regulation”now the coin will launch unregulated on a unregulated exchange..
There was never going to be regulation one look into Multibuys World corrupt background with its suspended /closed bank accounts and ponzi mlm business model would have put Maltese authorities on red alert..
The lies from Multibuy/Blockchain Scotland continue with the promise of regulation at some unidentified date in the future after the coin has gone live,this of course will never happen..
The exit scam is almost complete and Multibuy are laughing all the way to the bank.
Any update?
Multibuy World has finally dumped it’s MB8 shitcoin on to the second rate exchanges, and as OZ predicted it was successful in the fact that it allowed Ranari and Santigli to dump the worthless altcoin and do a runner with ico proceeds.. the exit scam is all but complete.
The lies and playing for time continue with the promise of breathtaking news to come from the Delta Summit in October and investors should buy buy buy at bargain prices before the coins massive up move begins in earnest.
the coin stands at around 3 cents a far cry from the predicted 1 Euro and beyond launch price.
if any up move does take place it will be an ideal opportunity for the Multibuy leadership to dump their remaining coins on gullible investors, hence the constant buy it while it’s cheap crap….
Chris Mann, Roy j Maurice, Brian Chittick aided and abetted by Michaela Hordum, Stephen Gilmore, continue to pedal worthless PTV vouchers and talk up the Multibuy MB8 MLM exit scam coin.
how long will it take before long suffering Multibuy World victims finally realize the coin is worthless they have been exit scammed and effectively lost everything.
the ad pack money, the coin money it’s all been back pocketed they have nothing, friends and family all have become victims of this obvious well publicised scam..
As the last reviewer said MB8 coin has been dumped on the exchanges and nose dived from the word go..
The fraudulent Multibuy World leadership is determined to keep the show on the road for as long as possible, particularly the Northern Ireland scammers, led by Brian Chittick, Stephen Gilmore and Ruth Allan..
Ruth Allan deserves particular mention having been instrumental in setting up meetings in Lurgan during the ico stage, there are a lot of out of pocket families and individuals thanks to this woman’s infatuation with the fraudulent activities of Multibuy World.
It should be more than obvious to all those who wasted their money on ad revenue packs and coin that the promises of the above mentioned individuals counted for nothing they have stolen your money.
The three Stooges are still attempting to flog coin and promote second rate businesses that don’t stand any chance of success to the idiots that are still to blind to see the game is over the race is run, it never ceases to amaze how so called intelligent people can be so gullible..
As the recriminations gather pace and investors finally wake up to the fact they have lost their entire investment in revenue packs and MB8 coin, let’s take a look at the individual’s behind the scam..
From Northern Ireland we have the one and only Brian Chittick top of the leader board for coin sales and old hand when it comes to MLM companies and scams.
This smooth talking con merchant was at the forefront of the MB8 ICO and revenue pack sales drive promising investors life changing ROI.
Chittick certainly relieved many a family of their hard earned cash this individual is still pushing (and dumping) coin, MB8 bank and casino, and still trying but failing miserably to come across as a respectable businessman..
Chittick had the help of Stephen Gilmore and the venerable Ruth Allen, two dyed in the wool Multibuy fanatics who arranged numerous meetings in Lurgan at the Jethro centre for Chittick and Roy j Maurice to sell the Bitcoin beating MB8 and PTV to the masses..
Allen’s home baking and multiple pots of tea were also much appreciated when the dynamic duo got together before or after the meetings to celebrate their I’ll gotten gains at the expense of families and local townsfolk.
Allen and Gilmore are still active with Multibuy World promoting coin and generally talking up company policy at every opportunity.
Gilmore should spend more time installing blinds and less time as unofficial spokesman of MB8 Multibuy on WhatsApp constantly trying to mislead investors into believing the coin has a future, pathetic to say the least…
Over in North Wales we have Christopher Mann and Melanie Jones..
Mann basically lied through his teeth during MB8 ICO promising Bitcoin style returns on investment not only to investors stupid enough to believe his prediction’s but also vulnerable families and so called friends.
Just shows how low this individual is prepared to go for personal gain.
Melanie Jones is so deluded with Multibuy and so desperate to impress she would condone Multibuys fraudulent activities without question,certainly a very sad individual..
Roy j Maurice basically a slick talking fraudster who has made a good living from Ad PACs and MB8 coin been with the company for a number of years likes to come across as an educated professional.
In reality an all out liar who fits in well with Multibuys fraudulent business philosophy.
Maurice promised untold riches during ICO but has now disappeared from the face of the earth since the exit scam coin was dumped on the exchanges,obviously mission accomplished..
Then we have Blockchain Scotland consisting of the redundant appliance electrician’s the Stuart brothers Chris and Paul who expel enough hot air to play a great tune on the bagpipes.
And Robert Neate aka Rabbyboy40, no crypto experience to speak of.
Neate appears to have dabbled in Altcoins and his old Twitter posts do not inspire confidence regarding his so called crypto currency knowledge..
At the moment these clowns are supposedly purchasing millions of MB8 in order to save the worthless altcoin from extinction,oh dear the lies just get better and better .. almost as good as the non existent 2500 businesses accepting MB8coin.
As for the rest of the motley Crew well Giancarlo Santigli and Kirby Sharon Raneri are living the high life of the back of the poor suckers that invested in revenue packs and coin.
And the loathsome Diva herself Michaela Hordum is out in sunny Turkey taking the piss out of her clients in Denmark who still insist in believing the coin and the company has a future.
Dream on!!!!
EXIT SCAM. MB8 Coin is being swapped to MOM Token, owned by Monetum, owned and operated by PayTah Phoenix Payments. Look them up, just another bunch of crooks.
vqui.it/w/KNNMwTXj
Slightly confused. Multibuy World collapsed and is long-gone.
https://behindmlm.com/companies/multi-buy-worlds-bank-accounts-terminated-withdrawals-suspended/
What’s with the dodgy Italian domain? This looks more like someone coming up with a bullshit story to send their Multi-Buy World downline into MOM.
MOM token is a run-of-the-mill shitcoin pump and dump scam launched in the past week. Doesn’t appear to have anything to do with Multi-Buy World or MB8.
edit: Wait a sec, this MOM token scam is “The Monetum native tokens (MOM)”.
The MOM token scam I was referencing is at “momtoken.io”. MOM token scam inception.
The whole crypto space is a cesspool.
Monetum is owned an ran by the same people who run Paytah. Even Malta (corrupt country in some opinions) is after them.
They are in trouble and basically trying anyway to get funds.
fintelegram.com/wanted-for-funds-maltese-payment-processor-paytah-in-legal-troubles/
All the negative coverage about TERRY J. doesn’t seem to hurt him at all !
Later he moved on with his girlfriend Enikö G. to Bizzcoin-SCAM; today they rip people off with PLC/Ultima-SCAM