GoldBuildTrade Review: GoldBuildTrade.com Scam Alert! Gold Build Trade LTD is a scam, not a genuine or trustworthy company. Yes, we agree that it may pay a few members but that doesn’t make it 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 Gold Build Trade LTD review here.
Why is a Gold Build Trade scam? What is GoldBuildTrade.com in real?
GoldBuildTrade is a fraudulent website due to the following reasons:-
# GoldBuildTrade 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 few people who promote and support some Ponzi schemes.
# We can say GoldBuildTrade 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 30% hourly profit for 6 hours on the investment amount of members by using the money of members in cryptocurrency trading, foreign exchange market and so on. But, it fails to provide the proof of the existence of its so-called business 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 Gold Build Trade 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 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 GoldBuildTrade 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 GoldBuildTrade are illegal schemes.
# GoldBuildTrade 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. GoldBuildTrade is also claiming to pay the referral commission up to 2 levels of downlines but without selling any real products or services, just on the sales of its Ponzi ROI plans. So, this makes GoldBuildTrade a Pyramid scheme as well.
Now you know that GoldBuildTrade is a Ponzi-Pyramid hybrid. So, GoldBuildTrade is a scam. That’s why we have listed Gold Build Trade within our “Scams” category which means we don’t recommend you to invest in GoldBuildTrade.
If you want to report something about Gold Build Trade LTD or add your own GoldBuildTrade.com reviews, then please feel free to leave your comment below. You can also comment below to report about similar kinds of scams or even to report about any kinds of scams. After all, we are here to spread awareness about the scams. So, let’s do it together. Let’s save innocent people from scams.
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