Troxy .Store Scam Or Genuine? Troxy Store Review
The aim of this page is to provide an in-depth explanation of Troxy. By reading our Troxy Store review, you can determine whether is a Troxy .Store trustworthy and legitimate company or a possible scam.
Safety Index:
Safety Index for Troxy .Store: 20/100 (illegal Ponzi Scheme)
Troxy .Store Website Highlights:
- Domain Name: Troxy .Store
- Website Name: Troxy
- Address: 472d Fcm Building 3 Oakleigh Road South, North London Business Park, London, England, N11 1GN
- Phone: +447769196972
- Website Claims: High rate of return
- Schemes:4.75% Hourly for 24 hours, 1.62% Hourly for 96 hours, 7.82% Daily for 20 days
Troxy Store Review – Pros and Cons To Identify Either Is Troxy .Store Scam or Genuine:
Pros:
- Hypertext Transfer Protocol Secure (HTTPS) protocol can be found on its website.
- It has provided the contact phone number and company address. (Before you fall for this address, we recommend you to follow the "Cons" below about company address and registration from the UK)
- Its website name match with its domain name.
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 4.75% Hourly for 24 hours, but fails to provide the proof of its income source.
- Ponzi schemes like Troxy Store employ deceptive strategies by presenting falsified payment proofs to deceive individuals. By initially distributing funds among a select few participants, they create an illusion of successful payouts, enticing others to join based on these fabricated records. However, the inherent nature of Ponzi schemes makes it practically impossible to sustain payments to all members in the long run.
- 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 closely resembles that of several scam sites, including GajitzStore, Cilligan Ltd, Carda-Evolution, etc.
Our Final Verdict:
After thorough evaluation of the given information, it is evident that Troxy Store functions as an illegal scheme, classifying it as a fraudulent business.
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FAQs:
Is Troxy Store a safe platform to invest in?
No, Troxy .Store is not a safe platform for investment. It is classified as a Ponzi scheme scam, carrying a substantial risk of financial loss. Authorities have issued warnings urging the public to steer clear of 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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