Carnelian12 Exit Scam Initiated, Investors Unpaid for 2 weeks!

Carnelian12 Exit Scam Initiated, Investors Unpaid for 2 weeks!

What happens when your beloved investment company suddenly turns its back on you?

If you’re an investor with Carnelian12, you’re probably painfully familiar with this scenario.

Carnelian12 exit scam complete

On May 28th, they admitted to the unacceptable delays in their withdrawal system.

To add insult to injury, if you had the audacity to have a pending withdrawal request, you were shut out from making any new ones.

And their response?

“Sorry, you can’t make new withdrawal requests until your active ones are processed.”

What a joke!

What reinforced the Carnelian12 exit scam is the fact Trust Pilot is flooded with negative reviews:

Carnelian12 negative reviews on Trust pilot

In their sorry attempt to quell investor panic, they cited “security measures” and “rapid expansion” as the culprits. As if we haven’t heard those excuses before.

They then spun a web of complexity around their dealings with licensed payment gate merchants and daily operations.

Sure, they managed to handle daily transactions well over $1M without any KYC for their users.

Bravo! But what about the withdrawal fiasco?

They thought they’d mollified us by completing two critical steps last Friday: a manual review of all payouts and the deployment of a contract with a new partner.

Despite these moves, Carnelian12’s withdrawals were still stuck in a bureaucratic nightmare dubbed “in work”.

Their response?

Just wait it out for up to 12 hours after the initial timer is over.

As if we all have nothing better to do!

Meanwhile, they warned us not to “go too hard” on the client support, or to “double request an update”.

Seriously?

They expect us to tiptoe around their inefficiencies?

To add to the farce, they even dangled a carrot by promising that all issues would be resolved by Monday, June 12th.

They added a sprinkling of a 12% bonus to sweeten the deal.

Yet, Monday came and went, and guess what? Withdrawals were still disabled.

Ironically, while withdrawals hit roadblocks, deposits kept sailing through without a hitch.

Classic signs of a Ponzi scheme crash and burn!

For those who were drawn in by the lure of a 12% daily ROI, you’re probably regretting that now.

Especially after Russia’s Central Bank issued a fraud warning about Carnelian12 in early May.

Yet the platform, backed by a Hong Kong shell company, seems likely to have been controlled by Chinese or Russian fraudsters.

Sadly, while Carnelian12 exit scam continues to trip over itself, the number of victims and the full extent of their losses remain unknown.

It’s a bitter pill to swallow for those who placed their trust in this crumbling company.

Remember, when it sounds too good to be true, it probably is.


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-Jesse Singh

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