Bruxis Exit Scams, No Longer Paying, Investors Lose Out Big
- MLM News
- June 16, 2021
Bruxis exit scams by not allowing affiliates to withdrawal their funds for a few days now.
In my original Bruxis review, they company claimed it has been in business since 2013 which ended up being a complete lie because when I checked out WAY BACK MACHINE, it showed the domain was parked with GoDaddy.
Also, this is another example of a company that registered with the ASIC as Bruxis PTY LTD and STILL exit scammed which reminds me of Beurax and Bitconnect.
Bruxis was a ponzi scheme that promised 290% returns over 71 days.
They claimed their external revenue came from cryptocurrency trading, forex trading and investing in start ups.
Naturally Bruxis had no proof of this and only verifiable income was new investments paying off existing members.
In other words, if recruitment ever slowed down, the company would exit scam.
Looking at their traffic stats, you will see exactly what happened…
Bruxis was doing fine traffic wise from January 2021 to April 2021 and then by May 2021 it started to drop.
For a ponzi scheme, this is the worse case scenario because without new recruiting, they won’t be able to keep up with their crazy 290% returns over 71 days!
I couldn’t find traffic stats for June 2021, but I can speculate that it dropped even further…
Bruxis simply couldn’t keep up with the withdrawal demands because there wasn’t enough new investments coming in anymore.
But I thought they were doing cryptocurrency trading and forex trading?
It was just a front like 100% of those crypto MLM companies.
In the last few years there has been a complete invasion of these crypto ponzi schemes that are responsible for billions of dollar losses to investors who thought they were legit.
Looks like Bruxis contributed to that and there is no way of getting your funds back.
The company was operating anonymously so no one can be held accountable.
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