ZetBull Exit Scam – Why You Should Never Trust Unregulated Firms
Hello my friends and thank you for being here with me at my ZetBull blog post. Unfortunately as I had previously told everyone, this company just pulled their exit scam. You can check out my original ZetBull Review where I explained why this was going to happen. I always tell everyone that it’s not a matter of IF but a matter of WHEN. Another thing that can happen is when authorities get involved, so that will also be the end. But sometimes this takes a really long time.
One of the more surprising things about this company is that they lasted for over 2 years. You need to be very skeptical when you have someone promising to you a 6500 percent returns in over 100 days. That just doesn’t sound realistic at all. Anytime someone offers you an opportunity for easy money like that you need to do a little bit of more research into it.
ZetBull Lack Of Leadership
The first thing I warn about is to see how legit their leadership really is. In this case, we don’t even know who runs ZetBull. So that is a huge red flag to begin with. But even if they do have some people behind the leadership, you need to look them up. You will be surprised that the vast majority of the times these people don’t even exit outside of the company. So they will put in some random name, and you will see a random guy on a sales video. But a lot of times these video guys are just payed actors.
But here is probably the most important thing for you to know. Anytime these companies promise you this returns, it means that they are offering securities. So you need to make sure that they are registered with the proper financial regulators. For example, here in the USA they would need to register with the SEC. But also note this. The fact that they operate from a particular country doesn’t mean that they only have to register in that particular country.
ZetBull And The Financial Regulators
Here is how it works. For example, let’s say I have an investment company and I’m based in Japan. As soon as I take an American investor I need to register with the American regulators. As soon as I take a German investor I need to register with the German regulators. It is plain and simple, this is how the law works in the vast majority of the world.
But here is the thing. These scams of course never register with the financial regulators. Why is this? Because they could not prove that they are making these returns legally. The reality here is that new members are paying existing members. This means that they are operating as a Pyramid Scheme. This has been illegal for many decades in most countries world wide.
ZetBull Website Still Running?
Unfortunately not all countries really enforce the law as hard as the USA. This is why many of these scams usually fear the SEC. The SEC will hunt them down no matter where in the world they are hiding. But this can be a very long process. So you should always do your research to make sure these companies are legal. But again, the vast majority of the times they will be committing securities fraud.
I know for fact that ZetBull has already exit scammed many people. A lot of Youtube users have been leaving comments on my Youtube Channel. So if you are coming in here for the first time, you will still be able to sign in with them. For some odd reason their website is still up and running. So they are still taking money from new investors, but just know that you will lose all of it. So, stay away from this scam.
Learn How To Trade Crypto
Don’t get me wrong… There is nothing wrong with investing in Crypto, in fact I hold a good amount of crypto tokens. The problem is really with these types of scams. There is a huge difference from buying a legit coin than investing in these fake companies. If you want to learn how to trade crypto, I recommend trying the Crypto Ultimatum training course for a super affordable price. Try it out. If you don’t like if for some reason you can get your money back. But I doubt you will. It will show you how to do it the right way. By the way, HERE is the latest Ponzi I reviewed in case you run into it!
Now before you go…
If you really want to learn how to build a business online the legit way, partner with us by clicking the banner below:
We will walk you through to get set it up correctly, and we will help you make your first sale. On top of that, you will get a ONE on ONE mentor to make sure you are setting up your business for massive success.
Follow Me On Social Media Below:
See you at the top!