I am in shock the amount of crew (both cockpit and cabin) that have „invested” & taken out loans to double their money in 24 months. Please try to withdraw your money, even if only in part, before it is lost. „A small hurt now, is better than a huge hurt later”.
Tad***l / Ex*****l or whatever they will change their name to once new account openings drop has a brilliant marketing strategy targeting airline employees based in DXB. We are prone to take risks, gullible and a large target market that talks and trusts each other. The amount of recommendations and mouth-to-mouth marketing regarding this FX scheme onboard is horrifying. A get rich quick scheme is everyone's dream of a perfect exit strategy and a way to retire early and live well. Get real!
May I suggest Tad***l / Ex*****l also opens offices in Qatar and Abu Dhabi ASAP to profit on the airline employees located there.
I have been in the sandpit for a while, and have seen these schemes come and go, but more importantly their devastating effects – crew losing their savings, having to flea DXB as loans taken could not be repaid etc. Many might recall from 2007-2012 we had an SFS, let's call him Ricky Martin (to protect his identity) promoting an identical FX scheme with 8-9% returns in managed FX accounts: forex4crew
In Ricky's defense, but like many crew today he truly believed that his money was invested in FX and that he was investing and making money. He was charismatic, believed in the scheme and had the power to influence others. Soon he had convinced hundreds of crew to sign up. And these crew relayed news of their huge “paper” profits to others onboard...........
Many South Asian crew were involved in a similar scam named MMA, which also collapsed around 2012.
These scams usually have a life cycle of 4-5 years. Tad***l / Ex*****l is nearing the end of theirs. Get out before it is too late!
Please heed this warning – this is a scam – Ponzi scheme.
What I am appalled at most is the crew that realise this is a Ponzi scheme, but, nevertheless invest/gamble and then promote it. For 12 months they defend and encourage others to take the risk so as to protect their initial investment.
If you like to gamble, great; but not at others expense.
Go to a casino, choose black or red and spin the wheel, you can double your money in a minute rather then waiting 24 months and sucking in others.
Making money from this Ponzi scheme, means committing an offense and stealing money from your colleagues. Any profits made can legally and should be redistributed to victims that will shortly lose their initial $20000.
The company is paying its monthly 9% profits from new investor funds, as insufficient returns are being generated since Jan this year. Classic Ponzi scheme - do not be the next victim.
Beware