To assist those who are searching for information about the legitimacy of Shuttle Rent, this page provides a Shuttle Rent review that can help determine whether is a Shuttle .Rent trustworthy company or a potential scam. Keep reading for more details.
Safety Index:
Safety Index for Shuttle .Rent: 20/100 (Illegal Ponzi Scheme)
Shuttle .Rent Website Highlights:
- Domain Name: Shuttle .Rent
- Website Name: Shuttle
- Email: info@shuttle .rent
- Zürich Address: Thurgauerstrasse 40, 8050 Zürich, Switzerland
- London Address: 40 Featherstone Street, London, England, EC1Y 8RE
- Brisbane Address: Level 14, 167 Eagle St., Brisbane City, Queensland 4000
- Website Claims: High rate of return and 5 levels affiliate program
- Schemes: 3.0% to 4.4%% on weekdays, 1.25% to 1.5% on weekends, 105% after 10 days
Shuttle Rent Review – Pros and Cons To Identify Either Is Shuttle .Rent Scam or Genuine:
Pros:
- The website incorporates the Hypertext Transfer Protocol Secure (HTTPS) protocol.
- It has provided the contact address on its website.
- Its email domain is related to its domain name.
- The website name corresponds to its domain name.
Cons (Drawbacks and Complaints):
- It operates as a Ponzi Scheme, which is not only illegal but also unsustainable. Public warnings from legal authorities emphasize the need to avoid participating in Ponzi schemes due to their inherent lack of sustainability. In such schemes, the majority of members are destined to lose their investments, while only a small group of early participants may experience some initial gains. Consequently, a limited number of individuals may be observed promoting and supporting Ponzi schemes, driven by their early successes.
- 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, 3.0% to 4.4%% on weekdays, 1.25% to 1.5% on weekends, but fails to provide the proof of its income source.
- All the Ponzi schemes like Shuttle Rent 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 Gazmol, Plusseven, Proviusfund, 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 5 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:
Considering the given facts, it is evident that Shuttle Rent operates as an illicit scheme, establishing it as a fraudulent business.
If you want to report something about it or add your own Shuttle .Rent reviews, then please feel free to leave your comment below.
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FAQs:
Is Shuttle Rent a safe platform to invest in?
No, Shuttle Rent 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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