Once again after the likes of public likes,surveymoons there’s a new thing in town called QCASH.A friend showed me the site whereby you deposit money to their accounts,MADISON TECHNOLOGIES and after 3 days you get back your cash with 40%interest.He went ahead and showed me the mpesa messages of him cashing out from the said Company.question.have you villagers heard of it and is there anyone who has tried and can give testimonials…?
Ponzi Scheme. But try your luck. You may be one of the first few who actually get their money back with interest
You hit a ponzi when it’s hot…before all the other fools join in and get ripped off.
40% return hata Warren Buffet hajawai ona. [ATTACH=full]355745[/ATTACH]
40% return in 3days is a very good deal too good to be true
probably you the owner, indirect marketing. Hio story ya “asking for a friend” we know it.
Woi hapana.if I had the muscle to pull such kind of ponzis you wouldn’t be seeing me in such streets.huku Ni kwa wannabe mirrionaires
At 40% interest every 3 days, if you deposit ksh 10,000 you will collect ksh 250 million after 30 days.
Bro, hio calculator yako haifanyi kazi
Compound interest.
OP is marketing that ponzi nonsense na nyinyi mko hapa dishing out advice. ![]()
Takataka
Lets say you were making 100% every 3 days for 30 days, you still cant turn 10,000 into 250 mill in that time ata kama ni compound interest
Yes, it is a ponzi scheme. Here’s @Simiyu22’s calculation.[ATTACH=full]355874[/ATTACH][ATTACH=full]355874[/ATTACH]
The interest rate is every 3 days and not daily
My bad! It won’t amount to 250m but it still is an absurd gain.
One should understand that , when someone proposes to you any kind investment that you will be guaranteed a certain percentage of interest after certain days ,know it is a scam .
There are no guarantees when investing , only probabilities .
Any investment yenye unaambiwa there is no loss , only gains , that should be a red flag.
@waru hohu if you know about public likes its either you are a university student or a poor man. Wachana na mambo ya simu. Invest Time na Energy, utapata hela.