The aim of this page is to give you a complete understanding of the Racton Store. From our Racton Store review here, you can make an informed determination regarding the legitimacy and reliability of Racton .Store and avoid potential scams.
Safety Index:
Safety Index for Racton .Store: 10/100 (Ponzi Scheme Scam)
Racton .Store Website Highlights:
- Domain Name: Racton .Store
- Website Name: Racton
- Address: RACTON LIMITED, 2nd Floor Gadd House, Arcadia Avenue, London, England, N3 2JU
- Phone: +447769196972
- Email: admin@racton .store
- Website Claims: High rate of return
- Schemes:4.35% Daily for 15 days, 5.43% Daily for 20 days, 6.12% Daily for 30 days
Racton Store Review – Pros and Cons To Identify Either Is Racton .Store Scam or Genuine:
Pros:
- Hypertext Transfer Protocol Secure (HTTPS) protocol can be found on its website.
- Its email domain match with its domain name.
- It has included a contact phone number and company address for communication purposes. However, it is advised to consider the drawbacks related to the company address and registration from the UK, as outlined below in "Cons" section.
Cons (Drawbacks and Complaints):
- It is a Ponzi Scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the 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 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, 6.12% Daily for 30 days, but fails to provide the proof of its income source.
- Ponzi schemes, including Racton Store, employ deceptive tactics by showcasing authentic payment proofs to trick individuals. They initially distribute funds among a small group of participants, creating the illusion of successful payouts. This strategy aims to entice more people to join the scheme based on these falsified payment proofs. However, in reality, it is unfeasible for all members to receive payments in a Ponzi scheme.
- Beware of Ponzi schemes that attempt to deceive individuals by showcasing registration documents obtained from authorities in the United Kingdom or Hong Kong. It is crucial not to be swayed by such documentation, as such registrations do not serve as a license to operate an investment company of this nature. Instead, they are typically obtained for tax-related purposes. In the past, numerous businesses holding similar registrations have been exposed as scams.
- Its business strategy match with multiple scam sites such as Pirzyu, Sologz, Tuk-PlatformOnline, etc.
Our Final Verdict:
Based on the information provided, it is apparent that Racton Store operates as an illegal scheme, making it a fraudulent business.
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FAQs:
Is Racton Store a safe platform to invest in?
No, Racton Store is not a safe platform to invest in. It is categorized as a Ponzi scheme scam, which carries a high risk of losing your money. Authorities have cautioned the public against getting involved in 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/
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