Antares Trade Exit Scam Complete, Investors screwed!
- MLM News
- August 17, 2021
Antares Trade recently decided to exit scam all of their investors by saying regulator and police officer are blocking withdrawals.
Alex Richter, the CEO of Antares Trade, said there will be a 60 day verification procedure and because of that everything is on hold.
There much information on this Alex Richter and he doesn’t exist outside of the company.
Which is always a red flag specially in an investment company that is promising you returns.
BehindMLM outed Alex Richter and his real name is Aleksey Zhirovkin and found out he has been scamming for many many years.
Antares Trade operated as a ponzi scheme with daily returns up to 2% which were capped at 200%.
What people really need to do is the math on that to see if that even makes sense.
If any company had the ability to product 2% daily returns legally, they wouldn’t need affiliate’s and large number of people investing into the company.
Just a handful of investors would do and they would be billionaires in a short few years.
Like most of these crypto MLM scams, they pay in the beginning which sucks in more gullible investors, but they ALWAYS exit scam when people least expect it.
Many people end up losing their life savings because they lack financial responsibility.
Meaning, they don’t know how to manage risk…
People should only invest what they can afford to lose in general.
I am not saying join these ponzi schemes but only invest what you can afford to lose.
I am just talking about investments in general (legal ones).
Anyway, only time will tell what will end up happening with Antares Trade.
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-Jesse Singh
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