Recently the biggest online fraud was cracked down by authorities in the Philippines for existing without any permit from the SEC and for scamming its members with thousands of dollars. I do not know if you have heard about Francswiss but this has caught the attention of authorities who are hot on the trail of the owners of the said scam site. Although no longer available online, clues can be taken from the ip address that has left the mark that could nail the scammers.
Francswiss had been inviting its members to invest between $1,000 to $10,000 which, according to the scheme, will double in 21 days. How they will be able to do this is beyond calculation since the site has no real business to make the investments grow. The said entity has all the signs of being another illegal pyramiding schemes.
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