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Alert to suspect pyramid scheme

A report in El Dia alerts to the gaining in popularity of a business that replicates the business model of Telexfree that scammed hundreds in the Dominican Republic and abroad. As reported, MyTraderCoin is operating online and is not registered with the Superintendence of Values of the Dominican Republic. El Dia reported, the company has already attracted 800 investors in the local market.

Alejandro Fernández, of Argentarium, alerts: “This is a scam. The company literally has no business registration anywhere, he warns. Previously, Fernández had alerted of the TelexFree scam.

Source: DR1, Eldia

Aug 1, 2017

Category: DR News |

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Last updated January 21, 2018 at 12:31 AM
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