SiBAN SCAM ALERT: BEWARE OF BINOMO INVESTMENT, 100% Scam and Ponzi scheme.

 

SiBAN’s attention has been brought to a scam investment campaign called BINOMO INVESTMENT. Please all members of SiBAN and the members of the public are warned to stare clear of whatever investment packages BINOMO INVESTMENT introduces, advertises, offers, markets, sells, or show to you in anyway.

According to information from a confirmed source, BINOMO INVESTMENT is creating Whatsapp groups from which it markets its scam investment packages to unsuspecting members of the public whom it either adds to such groups or join such groups in search of investment opportunities. This scam BINOMO INVESTMENT IS NOT the same as BINOMO (Binomo.com) which is a broker. The BINOMO INVESTMENTS in question maintains a dead-end site at binomo.binaryoptionindo.com.

The number used to create the scam WhatsApp group is +2348025135299 while the number used by Mr Ade the scammer is +2347068726300.

SiBAN SCAM ALERT warns “Run for your life and never look back. This is high-level scam. A PONZI.”

BINOMO INVESTMENT is a scam investment campaign that claims to pay investors double of what they invested within 45 minutes and also claims that by investing in bitcoin, FOREX, and what it called “CASH CHAIN” and “Kuwait currency”, BINOMO INVESTMENT would pay you three times your investment within 15 minutes. This is high-level scam and ponzi scheme. Beware.

In the words of the scam investment promoter Mr Ade, BINOMO INVESTMENT “is a platform that allows you to earn double of what you invest within 45 minutes time.” He claims that it is “a platform whereby if you invest money with us we will trade it with hard currency like BITCOIN, FOREX, CASH CHAIN [sic] and others within 15 minutes we will make triple of your investment and send u double in 30 minutes and benefit one part [sic]. Mr Ade further describes how his Ponzi investment scheme works:

“For Example If You invest With 50,000 Within 45-1hr [sic] the mining drops and we Make Profit of 150,000 Then Send 100,000 To You And Then Profit Of 50,000 is For THE COIN BASE Company. You Pay Directly To Us And We Pay You Directly. Same Applies To The Rest Packages [sic].”

SiBAN SCAM ALERT warns “Run for your life and never look back. This is high-level scam. A PONZI.”

BINOMO INVESTMENT offers scam investment packages it describes as Student Packages, Salary Packages, and Business Packages, all attracting a return of 100%. The Student Packages start from as low as N10,000 investment and as high as N40,000 investment, while the Salary Packages start from N50,000 to N80,000. Lastly, the Business Packages start from N100,000 to as high as N500,000. See screenshot of the packages on a BINOMO INVESTMENT WhatsApp group description below:

Below are the promised returns on investments guaranteed by BINOMO INVESTMENT:

SiBAN SCAM ALERT warns “Run for your life and never look back. This is high-level scam. A PONZI.”

10,000 to get 20,000
20,000 to get 40,000
25,000 to get 50,000
30,000 to get 60,000
35,000 to get 70,000
40,000 to get 80,000
45,000 to get 90,000
50,000 to get 100,000
60,000 to get 120,000
65,000 to get 130,000
70,000 to get 140,000
75,000 to get 150,000
80,000 to get 160,000
85,000 to get 170,000
90,000 to get 180,000
100,000 to get 200,000
150,000 to get 300,000
200,000 to get 400,000
250,000 to get 500,000
300,000 to get 600,000
350,000 to get 700,000 ETC

To mislead unsuspecting members of the public into believing that BINOMO INVESTMENT was not fake, the following FAKE credit alerts were posted by some (supposed) members of the WhatsApp group, who obviously were only working with the BINOMO INVESTMENT promoter who described himself simply as Mr Ade. Below are the screenshots of the fake credit alerts along with the names and numbers of the persons who posted them for deceptive purposes:

Fake credit alert shared by one Becky with the phone number +2349042749300
Fake credit alert shared by one Ade with the phone number +2349049227464
Fake credit alert shared by one Ade with the phone number +2349043126768 (Curiously, this person shared the same name with the promoter, Ade)
Fake credit alert shared by one Zara with the phone number +234 813 279 9617

SiBAN SCAM ALERT says “Run for your life and never look back. This is high-level scam. A PONZI.”

It is people like the promoters of BINOMO INVESTMENT that give the blockchain community a bad name. Please always avoid such scams. They are criminal.

Before it’s too late for unsuspecting members of the community and the public, please share this SiBAN SCAM ALERT on all the platforms you belong.

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