FlexMining Review: Beware of FlexMining.LTD Scam

Without a doubt, FlexMining.LTD is a scam. Yes, we agree that it may pay a few members but that doesn’t make its business model legal or sustainable. It will stop paying sooner or later due to which the majority of members will lose their money. Why? Well, let’s find out the answer in detail through our FlexMining.LTD review here.

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Why is a Flex Mining LTD scam?

Flex Mining LTD is a scam due to the following reasons:-

# FlexMining LTD is a Ponzi scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the general public to stay out of the Ponzi scheme due to its unsustainable nature. The majority of members will lose their money in Ponzi scheme and only a few ones who join the system at first will make some few bucks due to which you will find out some few people who promote and support some Ponzi schemes.

# We can say FlexMining is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay up to 2500% profit in 120 days or 10% daily profit forever on the investment amount of members by using the money of members in cryptocurrency mining. However, it fails to provide the physical location of its so-called mining farm which proves it doesn’t have any real source of income and only can pay members by routing the money between the members which is not a sustainable business.

# All the Ponzi schemes like FlexMining.LTD trick people by showing the real payment proofs because they pay few members at starting by routing the money between the members so that they can lure more people into their scheme by showing those payment proofs. However, it is practically not possible to pay all members in that way because when they pay one member, they need to use the money invested by other two or more members so that they can pay the principle and profit to that one member. But, whenever they pay members in that way, they will create a debt equal to the amount of profit that they use to pay the members. So, even Ponzi schemes like FlexMining want to pay all members they can’t because day by day the debt will be kept on increasing and they will not have enough fund to pay all members. That’s why Ponzi schemes like Flex Mining LTD are illegal schemes.

# Flex Mining LTD has tried to trick people by showing the company’s registration document registered from the UK Companies House in the name of Flex Mining LTD. But, don’t fall for that trick. Lots of Ponzi schemes in the past had already turned into scams which were registered from the UK Companies House. Actually, it is very easy to register a company in the UK Companies House by providing the virtual address which you can rent from the virtual address provider services as well as by providing the third person identities. Even you can register a company in the UK Companies House without a big hassle. On top of that, such kind of registration is not the license to run an investment company like Flex Mining LTD, but just a registration for the tax purpose. On the other hand, there is not any proof that proves FlexMining.LTD is linked with Flex Mining LTD.

# FlexMining.LTD also operates another illegal scheme known as a Pyramid scheme because any company which pays the referral commission up to multi-level downlines without selling any retail products or services is known as a Pyramid scheme. FlexMining.LTD is also claiming to pay referral commission up to 2 level downlines but without selling any real products or services, just on the sales of its Ponzi ROI plans. So, this makes FlexMining.LTD a Pyramid scheme as well.

Now you know that FlexMining.LTD is a combination of two illegal schemes which are Ponzi and Pyramid schemes. So, FlexMining.LTD is a fraudulent website. That’s why we have listed Flex Mining LTD within our “Scams” category. So, in this situation, we don’t recommend you to invest in Flex Mining LTD.

If you want to report something about Flex Mining LTD or add your own FlexMining.LTD reviews, then please feel free to leave your comment below.

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You can find the various kinds of scams listed within our “Scams” category by clicking >HERE< or you can navigate our website through our home page to find out the several interesting and knowledgeable articles under different categories by clicking >HERE<

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De Roka Author
I am De Roka, also known as Suman Roka. I'm the Author, Editor, Researcher, and Founder of De-Reviews.com. I've been working online since 2009. Since 2014, I've been researching scams to protect people from falling for them. I've saved many folks from scams by exposing their true nature before they can trick anyone. Until now, we have saved 20M+ people from 40K+ scams. If you want to learn more about me and my team, you can visit our About Us page. You can find more about me on my Facebook profile as well.

8 thoughts on “FlexMining Review: Beware of FlexMining.LTD Scam

  1. have resumed my capital but today my withdrawal is in abeyance I put the message in the chat ... and it happens to have disappeared nn unsold ,,,, however there is still advertising in all the sites

  2. Thats a big scam, is always the same. The company are in London (fake adress, there is a shopping mall on the place, the instagramm, facebook, twitter and the ceo chef from the company are fakes, not more.

    tracert flexmining.ltd
    Routenverfolgung zu flexmining.ltd [] über maximal 30 Abschnitte:
    tracert stablemining.biz
    Routenverfolgung zu stablemining.biz [] über maximal 30 Abschnitte:

    7 30 ms 27 ms 29 ms ae-7.r25.amstnl02.nl.bb.gin.ntt.net [
    8 28 ms 30 ms 28 ms ae-1.a02.amstnl02.nl.bb.gin.ntt.net [
    9 * * * Zeitüberschreitung der Anforderung.
    10 * * * Zeitüberschreitung der Anforderung.
    11 * * * Zeitüberschreitung der Anforderung.
    12 * * * Zeitüberschreitung der Anforderung.
    13 31 ms 30 ms 34 ms flexmining.ltd []

    A other SCAM company stablemining.biz hat the same IP-Adress and the Site has the same Layout. lol


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