Gazmol .com Scam Or Genuine? Gazmol Review
If you're unsure whether is a Gazmol .com legitimate company or a scam, this page offers a Gazmol review that can help you make an informed decision. Please read on for more information about this site and its credibility.
Safety Index:
Safety Index for Gazmol .com: 10/100 (Ponzi Scheme Scam)
Gazmol .com Website Highlights:
- Domain Name: Gazmol .com
- Website Name: Gazmol
- Email: admin@gazmol .com
- Address: 35 Marlborough Crescent, South Stoke, United Kingdom, BN18 2GH
- Website Claims: High rate of return and 3 levels affiliate program
- Schemes: 600% after 1 hour
Gazmol Review – Pros and Cons To Identify Either Is Gazmol .com Scam or Genuine:
Pros:
- Hypertext Transfer Protocol Secure (HTTPS) protocol can be found on its website.
- It provides a contact address on its website. (However, follow the "Cons" below about company address and registration from the UK)
- Its email domain is related to its domain name.
- Its website name match with its domain name.
Cons (Drawbacks and Complaints):
- It is a Ponzi Scheme, which is both illegal and unsustainable. Authorities have already cautioned the public against participating in such schemes due to their lack of long-term viability. It is important to note that the majority of members are likely to lose their investments, while only a small number of early participants may profit. Consequently, the promotion and support of Ponzi schemes may be observed from a selective few individuals who have been benefited initially.
- We can say it is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay unrealistic rate of return on the investment amount of members such as, 600% after 1 hour, but fails to provide the proof of its income source.
- All the Ponzi schemes like Gazmol 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. It is practically not possible to pay all members in a Ponzi Scheme.
- These kinds of Ponzi Schemes will try to trick people by showing the company’s registration document registered from the United Kingdom or Hong Kong. But, don’t fall on that trick. Such kind of registration is not the license to run an investment company like this one, but just a registration for the tax purpose. In the past, lots of businesses with such company registration had been already turned into scam.
- Its business strategy match with multiple scam sites such as Plusseven, Proviusfund, Mingo-Global, etc.
- It also operates another illegal scheme known as a Pyramid scheme because any company which pays the referral commission up to a multi-level downline without selling any real products or services is known as a Pyramid scheme. It is claiming to pay referral commission up to 3 levels downline but without selling any real products or services, just on the sales of its Ponzi ROI plans. So, this makes it a Pyramid scheme as well.
Our Final Verdict:
Based on the provided information, it is evident that Gazmol is an illegal scheme, classifying it as a fraudulent business.
If you want to report something about it or add your own Gazmol .com reviews, then please feel free to leave your comment below.
You can find the lots of suspicious sites listed within our “Suspicious” category, you can find about various kinds of scams by scrolling within our “Scams” category, you can find a short review as above by scrolling within our “Brief Reviews” category, 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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FAQs:
Is Gazmol a safe platform to invest in?
No, Gazmol is not a safe platform to invest in. It is classified as a Ponzi scheme scam. Investing in such schemes carries a high risk of losing your money, and authorities have warned the public to stay away from Ponzi schemes due to their unsustainable nature.
What is a Ponzi Scheme?
A Ponzi scheme is like a fancy trick where someone promises you big profits for investing your money. They say you'll get rich quick! But here's the catch: they don't actually make money through any real business. Instead, they use the money from new people joining the scheme to pay off the earlier investors. So, it keeps going as long as new people keep joining. But when no one new comes in, everything falls apart, and most people end up losing their money. If you want to find out in detail what is Ponzi Scheme and how is it operated, then you can click this link: https://de-reviews.com/ponzi-scheme/
What is a Pyramid Scheme?
Imagine a pyramid-shaped building, where the people at the top recruit more people below them, and those people recruit even more people below them. Each person has to pay money to the person who recruited them. The ones at the top make lots of money because they get a share from everyone below. But the problem is that there's no real product or service being sold. It's all about recruiting more people and getting their money. Eventually, the pyramid gets too big, and there aren't enough new recruits to sustain it. Then, the whole thing collapses, and most people end up losing their money.
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