Is Bamboo Globalization a scam?

[Not_original]

I wish you had focused more on the first point I had made which is that no reliable source has claimed bamboo to be doing anything illegal.

In fact I have only found people saying that they HAVE gotten money out.

Please point me to this list of victims you are refering to as I have not come accross it yet and would like to see their complaints.

You will see their complaints when it's all over sadly. Just rewind to MTI in its first few months and then the months withdrawals got frozen due to "technical problems" and the krokodil trane of everyone voicing their anger when the dust settled. I don't have the urge, nor time to go and hunt down victims, because there is none yet (well they don't know they are) but in time it will be easy as they will readily identify themselves seathing with anger and just wanting to be heard.

 

[Not_original]

Yes, it would be great if some solid investigative journalism from a big name news agency could put this matter to rest.

https://www.signal-arnaques.com/en/scam/view/349875

Here is a review page where people are saying that they have not been scammed and the people saying it IS a scam aren't claiming to have actually been scammed.

Maybe there IS a 50c army writing good reviews, but my friend isn't one of them, sooo...

Your friend maybe not one of them, but he has just not seen the error of its ways yet.

The following should not be taken in your personal capacity and I'm not comparing you to them: Jihaddis believe they are doing a good thing when they blow themselves and a bunch of others to pieces. Do they believe that they did they right thing? Yes. But the aftermath has every 3 letter agency in the world looking to find their friends and bring justice to the families.

 

[Not_original]

Im not familiar with the MTI thing. It may turn out as you say. Until then I will see where this train leads. I'm obviously not going to make any investments until I'm 100% sure.

If I'm out a couple hundred bucks at the end of the day then I'll consider it tuition for my lesson learned.

And what about the pensioner whom you shared this with that ends up joining? They are living in a garage in someones back yard but at least he has some savings covering the little luxury and old man wants that the Sassa grant can most definitely not provide. He takes that R30k he has stashed up and buys into this. Do they have time or space for lessons learned?

 

[Not_original]

All I can say is : stop pushing something that reeks highly of every financial wrong that textbooks can talk about. But OK. The ball is in your hands now

 

[Not_original]

I'm unemployed atm. My bud says "Im doing this thing, and Ive been getting money for basically nothing."

He had my best interest at heart as is his nature.

One day I will return here and let you guys know how it all went.

Take care, man.

I do really wish you well, but coming back will only get you a" told you so". Sympathy is for people who just lost their loved ones, not persons that act in cold calculated ways.

 

[Not_original]

Well if any of those at risk people are reading this then let me just say,

"DO NOT THROW MONEY AT THIS THING!"

Hope this mitigates any damage my input may cause.

No it doesn't... because his kid whom you just told will go visit him and tell them.

 

[Not_original]

I wont be coming back for sympathy and I can handle a few "I told you so" comments, but at least I'll be giving this thread some solid feedback.

Well as long as you promise to keep updating even when it puts you in a negative light, great stuff

 

[Not_original]

You mean a more negative light than I already am? Seems me coming here has only pissed people off, but thank you for being the one person here who's, at least, tried to remain civil. Journey well, bud.

The reason why most people are not civil is because you are just another new member of the hoardes coming here claiming "hey guys, this is totally legit, look I got paid" from scam x. If scams never paid out, how would the prolifirate. People like to gush about free money and its an ideal advertising way

 

[Speedster]

You mean a more negative light than I already am? Seems me coming here has only pissed people off, but thank you for being the one person here who's, at least, tried to remain civil. Journey well, bud.

Two things, firstly when considering any investment the question isn't "prove they're doing something illegal", the question is "prove they're doing something profitable". In this case there is no case for any profitable business, so where are the payout funds coming from? The only plausible answer is that it is a Ponzi.

Secondly, your argument "but at least I get something out of it" only holds if you're comfortable going to bed at night knowing that the funds you have withdrawn were stolen from another investor. If you're comfortable with that, shill ahead.

 

[supersunbird]

I wish you had focused more on the first point I had made which is that no reliable source has claimed bamboo to be doing anything illegal.

In fact I have only found people saying that they HAVE gotten money out.

Please point me to this list of victims you are refering to as I have not come accross it yet and would like to see their complaints.

Mirror Trading International was also going swimmingly for many months until it crashed down into a heap of tears. We knew it was a scam way before it crashed or there were any other warnings from any authoritative places put out. We warned about the MTI scam in December 2019, go look when you can find the first "reliable source" warnings, it was many month later. Same with this.

The fact that you are trying to, in any shape or form defend it (finding no "reliable source against it", finding "just happy withdrawers" is defending it) is a problem, and might only be because this MyBB thread is on the first page of Bamboo Globalization searches, and you can't have such negative news linked with it and want to put a positive spin on it here, and you might be more involved with Bamboo Globalization than you want to publicly admit, or else you'd not be so vocal about it and just enjoy your money. Whatever it is, it's not just you seeking more info or the truth.

 

[PsyWulf]

I 100% agree... but I've spent a few hours looking and so far no credible source has labled Bamboo as doing anything illegal

By the FSCA,Reserve bank,and CPA acts they are running an illegal business in a multitude of ways,there is no avoiding this with platitudes and your own nonsensical attempts at obfuscating this

and if they were obviously doing something illegal then surely arrests would have happened a long time ago.

What long ago? The site was literally created 4 months ago
The Hawks and police are still chasing tails on scams 2-5+ years old. This claim is actually so absurd you should apologize for making somebody read something so stupid
Let me spell it out,the wheels of justice are brokenly slow. But you pretty much implied robbing a bank or murder is perfectly fine till you actually get arrested because that's how you know something is illegal?
Sorry officer I wasn't aware that killing this school bus full of kids was illegal because you didn't arrest me till now

So whatever point you're trying to make isn't actually constructive.

I'm so sorry for bursting your bubble with facts,i'll try make it go away by rubbing my genie lamp k?

Although, if it IS a scam and it's IS paying out, then it's a poorly thought out scam

It's a ponzi scam,it pays out initially to drum up interest from uneducated people as yourself. If it didn't it would last a day or 2,which isn't very profitable. Now _that_ would be a stupid scam

that should be exploited by regular folk. Right?

Nobody said some people can't make money from it. But that money is literally stolen from other people. You may be fine with "exploiting" other regular folk for profit,but don't expect anything but derision from honest people

Ponzi math means the majority will ALWAYS lose

 

[PsyWulf]

Continued participation in an obvious illegal scam means you are idiots,or scammers,or greedy assholes
Pick your poison/title as appropriate

See above

 

[supersunbird]

I 100% agree... but I've spent a few hours looking and so far no credible source has labled Bamboo as doing anything illegal and if they were obviously doing something illegal then surely arrests would have happened a long time ago. So whatever point you're trying to make isn't actually constructive.

Although, if it IS a scam and it's IS paying out, then it's a poorly thought out scam that should be exploited by regular folk. Right?

We are the credible source.

With financial crimes it takes SA government long to act unfortunately, even blatant things do not get quick attention.

 

[PsyWulf]

You mean a more negative light than I already am? Seems me coming here has only pissed people off, but thank you for being the one person here who's, at least, tried to remain civil. Journey well, bud.

Every time one of you comes and extolls how Scam X or Scam Y is the best thing ever,totally not a scam,listing the same stupid excuses then getting in a huff when you are told otherwise and nobody being convinced
Months/years later it collapses same as usual. We'll still be here
You'll either have learnt a lesson,or joined the next scheme to try win back what you lost - welcome to serial victimhood

 

[Not_original]

I didn't come to extoll. I couldn't care less about convincing anyone here. I came to learn by challenging the beliefs and opinions of anyone willing to humour me in the hope of finding someone that can CONVINCE ME that bamboo is either worth the time or a waste of time.

Your opinion of me is so inaccurate that nothing in your message actually relates to me. Seriously.

Now if I and my fellow warriors haven't been able to convince you already, nothing will. There are at least 4 people (many more if you read the rest of the thread) telling you that you are nuts for believing that this can even be remotely ethical or legit, some in more colourful ways than others. If my actiona set of 4 people telling me I'm nuts and I cannot seriously rebuke them (you haven't rebuked any of us, just fed misinformation into your own bubble from non credible sources) I would seriously reconsider. Think long and hard where the money can possibly come from. Go search Google ad words for how much clicks get paid for from niches you have been asked to click on. Also thrawl the darker side of the Web where these commodities are commonly being sold ( I have already listed blackhatworld but there are many more) and then make your own opinion for how you possibly can get paid this much for this little that you are doing

 

[supersunbird]

I'm not much interested in peoples opinions that are entirely based on questions they don't have answers to. I base my beliefs on the personal experiences of as many people as I can

And we are experienced in scams, and this is a scam. The money you get out will be someone else's money they put in. You don't even try to address the issue that all these scams do well and pay out in the beginning., what makes this one unique?

 

[PsyWulf]

Yes, it is nuts. Certainly too good to be true.

Thing is, I haven't been offered much to rebuke. I've just been offered insults.

Offering misinformation is NOT my intent. The info I've offered are my own anecdotal experiences, info from the bamboo site and a scam notification site containing supposed user testimony. And yes, I did read the complete thread before posting.

Even this article from opera shares my sentiment that yes it does pay out, but don't place your trust in it.

Opera News - Varste nuus in South Africa-Afrikaans | Brekende Nuus

Kry die varste South Africa-Afrikaans nuus by OperaNewsApp.com: Brekende nuus en videos in South Africa-Afrikaans , Sokker nuus, Politiek, Sport, Vermaak, Tegnologie, Besigheid.

za.opera.news

Hellopeter has this complaint that I havnt yet validated:
"This company claims they are directly affiliated with Naspers{naspers foundry} I emailed Naspers and they say they are Not in any way connected to the company and that their lawyers are working on legal steps..."

It is NOT a ponzi scheme because having agents under you is completely optional.

It pays out, this I know with absolute certainty, without any actual investment needed from you besides a few seconds a day.

I'm not much interested in peoples opinions that are entirely based on questions they don't have answers to. I base my beliefs on the personal experiences of as many people as I can

Classic looter mentality,screw law and logic. 1000's are doing it so it must be fine

This is the perfect example of a victim of a failing education system dunning-krugering himself off a bridge into a firepit chasing easy money

You will get no sympathy for being a dumbass when the time comes. But feel free to pat yourself on the back for stealing from other victims when the time comes rather than using some free advice and common sense you've been presented plenty of facts,but rather choose a sheep-mentality to reinforce your personal incorrect opinion

Try google what happened to Jamalife last year for the best case scenario of how a local scam ends up

 

[PsyWulf]

Yes, it is nuts. Certainly too good to be true.

Thing is, I haven't been offered much to rebuke. I've just been offered insults.

Offering misinformation is NOT my intent. The info I've offered are my own anecdotal experiences, info from the bamboo site and a scam notification site containing supposed user testimony. And yes, I did read the complete thread before posting.

Even this article from opera shares my sentiment that yes it does pay out, but don't place your trust in it.

Opera News - Varste nuus in South Africa-Afrikaans | Brekende Nuus

Kry die varste South Africa-Afrikaans nuus by OperaNewsApp.com: Brekende nuus en videos in South Africa-Afrikaans , Sokker nuus, Politiek, Sport, Vermaak, Tegnologie, Besigheid.

za.opera.news

Hellopeter has this complaint that I havnt yet validated:
"This company claims they are directly affiliated with Naspers{naspers foundry} I emailed Naspers and they say they are Not in any way connected to the company and that their lawyers are working on legal steps..."

It is NOT a ponzi scheme because having agents under you is completely optional.

It pays out, this I know with absolute certainty, without any actual investment needed from you besides a few seconds a day.

I'm not much interested in peoples opinions that are entirely based on questions they don't have answers to. I base my beliefs on the personal experiences of as many people as I can

Also,your understanding of how ponzi schemes work,versus pyramid schemes (which you confused with a ponzi clearly with your "agents under you" statement) tells me everything I need to know about your future victimhood

Shame man take your money and buy a book rather,you'll gain more from it

 

[Not_original]

Yes, it is nuts. Certainly too good to be true.

Thing is, I haven't been offered much to rebuke. I've just been offered insults.

Offering misinformation is NOT my intent. The info I've offered are my own anecdotal experiences, info from the bamboo site and a scam notification site containing supposed user testimony. And yes, I did read the complete thread before posting.

Even this article from opera shares my sentiment that yes it does pay out, but don't place your trust in it.

Opera News - Varste nuus in South Africa-Afrikaans | Brekende Nuus

Kry die varste South Africa-Afrikaans nuus by OperaNewsApp.com: Brekende nuus en videos in South Africa-Afrikaans , Sokker nuus, Politiek, Sport, Vermaak, Tegnologie, Besigheid.

za.opera.news

Hellopeter has this complaint that I havnt yet validated:
"This company claims they are directly affiliated with Naspers{naspers foundry} I emailed Naspers and they say they are Not in any way connected to the company and that their lawyers are working on legal steps..."

It is NOT a ponzi scheme because having agents under you is completely optional.

It pays out, this I know with absolute certainty, without any actual investment needed from you besides a few seconds a day.

I'm not much interested in peoples opinions that are entirely based on questions they don't have answers to. I base my beliefs on the personal experiences of as many people as I can

Correction, it is not a pyramid scheme. The admin is not handled by you, it is directly handled by the uber scammy overlord, paying you as you tell new members who also join (not having to join under you to get a %of their work, you just get paid from the hoardes of joiners) making this a ponzi. Though technically different, fundamentally they are the same.

But do enjoy your money, just stop telling anyone about it(and if everyone would stop doing the same, you will suddenly see a massive downward spiral of payments amounts, lasting for maybe a week when it will just completely stop, or worst, technical problems popping up as to why withdrawals don't work)

 

[Not_original]

Oh and @MrDream , you should read this

#FakeNews and lies are amplified on social media

Anti-foreigner hashtags continue to swirl around local Twitter, together with misleading claims and links to fake news sites. Don’t be fooled, warns a UCT research unit.

www.dailymaverick.co.za

It features the website you just used as a reference. Let me tell you one thing, registering a domain cost but $22 /year