Bitsolives Review- Scam

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An Indian Ponzi scheme called Bitsolives has led to five people being charged by police in Mumbai.

So far, one person has been arrested in the city of Pune so far. The last four scammers have left.

As a Ponzi scheme, Bitsolives first came out in 2017. The scheme’s Buxcoin Ponzi shitcoin promised to pay out 300 percent of the money it was put in. People told us that Bitsolives went out of business early this year.

It has been said that Ganesh Sagar, Prashant Brahmbhatt, Chandrashekhar Bali, Anuj Ojha, and Mohsin Jameel are the people who could be guilty. There are three people in charge of the company: Sagar, Brahmbhatt, and Bali. Pune-based Ojha is the company’s administrative head.

When Bitsolive was made, Jameel was in charge of Bull Infotech, the company that made it. Bitsolive is a blockchain growth platform. A report from the FIR says that Sagar has worked in community advertising for the last 16 years.

A suspect was arrested by police in Pune this month, police say. “We think we’ll be able to get custody of him in the near future.” People who work for the company say that most of Bitsolive’s leaders live in Dubai and London.

In the past, Bitsolives’ CEO was none other than Mohsin Jameel (proven to be correct). His main home is in the UK. Bitsolives is the most recent Ponzi scheme Jameel has been a part of. Indian officers have been keeping track of him for a while. This happened at the end of 2017.

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Jameel was linked to seven fake foreign exchange and crypto funding businesses at the end of 2017. Acclaimed: Jameel is accused of stealing $1.5 billion in Indian money through scams. Anuj Ohja and Ganesh Sagar, who live in the city of Pune, have been arrested recently in the city.

In this case, Prashant Bahmbhatt and Chandrashekhar Bali are likely hiding out in a Dubai hotel room or apartment. They can hide out in Dubai because there is no regulation of MLM-related securities fraud and no extradition treaties.

With us, Dubai has been called the world’s MLM scam capital. Even though Mohsin Jameel conned people out of almost a billion dollars, the UK isn’t far behind in terms of fraud.

On his own website, Jameel says that he is “one of the UK’s most profitable British entrepreneurs.” It was the victims’ thoughts that led to the investigation into Bitsolives. Because they invested in Buxcoin, the complainant and his friends knew that they could become billionaires. Because it was a series system, he and his friends wanted to bring in more investors. Because no coin could be used for foreign currency trading before this point in time, the defendants said that if more people used Buxcoin for foreign currency trading, the demand for it around the world would rise and its value would skyrocket.

When people asked about their money with the company’s director, they learned that the pandemic had an effect on their investing strategy. Customers were promised that their money would be returned in later lectures, but this did not happen at all. There are many MLM crypto Ponzi schemes out there right now, but this story has been told before. Keep an eye out for more Bitsolives news.

An Indian Ponzi scheme called Bitsolives has led to five people being charged by police in Mumbai. So far, one person has been arrested in the city of Pune so far. The last four scammers have left. As a Ponzi scheme, Bitsolives first came out in 2017. The scheme’s Buxcoin Ponzi shitcoin promised to pay…

An Indian Ponzi scheme called Bitsolives has led to five people being charged by police in Mumbai. So far, one person has been arrested in the city of Pune so far. The last four scammers have left. As a Ponzi scheme, Bitsolives first came out in 2017. The scheme’s Buxcoin Ponzi shitcoin promised to pay…

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