Are you searching for the Epay-X.com reviews to find out what is Epay-X com, either is Epay X money doubler website genuine or fraud? If so, then you have landed in the right place because here, within our Epay X review, you are going to find out the complete truth about Epay X which is promising to manage and multiply your capital.
What is Epay X (Epay-X.com)? Either is a Epay-X scam or legit?
Epay-X.com is a Ponzi scheme which is an illegal and unsustainable scheme, so Epay-X.com is a scam. For more details, please continue reading our Epay X review below.
Meanwhile, alternative to this Epay-x.com Scam is the Cryptocurrency Bot.
Epay-x.com Review – Scam Investigation
- What is more, Epay X is a Ponzi scheme which already makes it a scam. Ponzi scheme is neither a sustainable nor a legal business. Legal authorities have already issued lots of warnings to stay away from Ponzi schemes like Epay-X.com. It is a crime to involve in Ponzi schemes.
- We can confirm that Epay-X.com is a Ponzi scheme because there is not any verifiable source of income coming into Epay-X.com other than the money invested by its members. It claims to increae your funds by 5% profit in daily but fails to provide the proof to support that claim. It is unable to show the proof of its so-called money management. It is not stated which business that Epay X will invest for you. On top of that, none of the experts in the cryptocurrency field can guarantee exact 5% profit daily. Online trading is very risky and there is no way anyone can guarantee for only profit and that is also such a high profit like 5% daily. So, the business claim made by Epay-X.com itself proves it is lying about its business. So, Epay-X.com is a Ponzi scheme because it doesn’t have any real source of income and only routing the money between the members in order to pay the few members.
- Don’t be fooled, Ponzi schemes like Epay-X attract people by showing them real payment proofs which they get by paying few members at starting. However, they pay a few members only to show the payment proofs so that they can lure more people into their scheme. When they realize they have collected enough fund, they will just stop paying and run away with the money of the majority of the members.
- Typical of ponzi schemes, Epay X offer a referral commission just like a pyramid scheme which is also an illegal business model. They never have any real products or services to sell and pay the referral commission up to multi-level downlines just for selling the investment plans or membership fees. Epay-X.com offer up to 10% from your first level referrals, which makes it a Ponzi pyramid hybrid scheme.
- It claims it is a regstered company through the UK Companies House. However, that is not a big deal. In the past, many Ponzi schemes had already scammed lots of people who were registered from the UK Companies House. Actually, that registration is not a license to run an investment company like Epay-X.com, instead, that is a registration for the tax purpose which anyone can register very easily. Most of the scam companies are found to be registering from the UK Companies House by providing virtual address and third-party identities. On top of that, there is not any proof which proves Epay-X is registered.
- Epay X hasn’t provided any information about who and from where is operating and running the Epay-X.com on its website and has also concealed those details in WHOIS which proves its owner doesn’t want to reveal his/her identity which is definitely not a good sign. None of the legit investment companies hide their owner details, only scam companies do.
Since now it is clear that Epay-X is a scam, so we have blacklisted the Epay-X.com website.
How to identify the Ponzi Scheme by yourself?
It’s very simple. Whenever you find out some companies which are offering the very high rate of return on your investment amount which is too good to be true, then you must know that is actually not true.
You can think generally. If some company can offer the huge rate of return such as 0.5% or more daily profit, 110% return or more within a month and so on then you must think why that company is asking you to invest in their project and paying you such a high rate of return instead of taking a loan from a bank in much lower rate to invest in their project.
Everyone can take a loan from a bank at the rate less than 1% monthly interest rate, if not a business loan, then at least can take a personal loan. So, why any company or person will like to pay more interest rate by collecting the investment from several people instead of paying very much less interest rate in the bank. So, the Ponzi Scheme always fails to pass this logic test. If you do this logic test, then you can spot out every Ponzi Schemes by yourself.
About Epay-X
Epay-X claims to be an online payment system that you will use to receive, transfer, purchase and manage fund. The claim to invest your money in an unknown business to make 5% daily profit for you. It is unknown who owns and runs the Epay-X services. EPAY-X PAYMENT SYSTEM LTD is an officially registered company in the territory of the UK under number 12218230. Support is via email: [email protected] and Uk telephone number +44 20 3239 2766. Payments can be made through bitcoin, litecoin, ethereum, Payeer and perfect money.
Conclusion
Whatever Ponzi schemes claim, they never have been doing any businesses to generate the real profit. They only pay few members at starting by routing the money between the members, means by paying one member by using the money of another member. Actually, their intention is to scam people but also they pay few members at starting so that they can show the payment proofs and lure more people into their scam. Innocent people always fall into their claims and payment proofs and only find out they have been scammed when these Ponzi schemes either stop paying or completely shut down. That’s why legal authorities have warned people not to join Ponzi Schemes and have marked all Ponzi Schemes as an illegal scheme. Involving with Ponzi Scheme is a crime.
Our best advise
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Pros
- Standard website
Cons
- Ponzi scheme
- No business going online
- Unsustainable profits