7Eleven-INS claims to be an investment platform that promises big returns from cryptocurrency but its a pyramid scheme they have no products to sell and earn their revenue through referrals. Heres how it works.
Key Points
- Joining 7Eleven-INS as an affiliate is free.
- To take part completely, you must invest at least $50.
- 7Eleven-INS asks for money in many cryptocurrencies.
- 7Eleven-INS doesn’t sell any products or services.
Is 7Eleven-INS Real or Fake
Not exactly, 7eleven-INS is a Ponzi scheme and the website is filled with stolen images from different websites. To seem real, 7Eleven-INS shows a BVI Investment Business License on its website however the company has been existing for about a month and a half.
Red Flags That Stand Out
- No Ownership Info: 7Eleven-INS doesn’t share any details about its owners or leaders on its website. The Chicago address on their website is obviously fake too.
- Private Domain Registration: The website name (“7eleven-ins.com”) was privately registered on May 30th, 2024 while The BVI certificate shown is fake, as it dates back six years before the company existed.
- Unverified Claims: The website says it has “over 45 thousand investors” and has won several awards since 2017, but there’s no way to check if this is true.
How to Stay Safe From Ponzi Schemes
- Check Everything: Look into the details of every investment and the background of the person or company offering it.
- Don’t Rush: Be careful if you’re pushed to invest quickly or to get others to invest; it’s often a scam.
- Get Expert Help: Talk to a trusted financial advisor or lawyer before making any investments.
What To Do If You Fall For The 7Eleven-INS
Inform Their Credit Card Company
If you provided your credit card details on this scam site, the first step you should take is calling your credit card company. They need to know that your card details have been compromised so as to closely monitor and prevent any unauthorized charges
Place a Credit Freeze or Fraud Alert
Fraud alert is sort of like a two-factor authentication process for accessing your credit, whereas a credit freeze blocks anyone from accessing your credit — until you remove it. The credit freeze is the best option for you, if you know you wouldn’t be using the credit card anytime soon.
Final Words
Joining 7eleven-INS won’t make you rich. In fact we didn’t find any reviews from people who have gotten a return from their investments so far. The marketing claims on its website are false and as with any Ponzi scheme, once returns are high the website crashes, and your investment is gone.
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Samantha