News Around The World Looks Bad For Emgoldex

Many news outlets are reporting the ponzi scheme nature of Emgoldex. Many Filipino nationals and OFWs are falling victim to Emgoldex’s claims of fast investment returns.

Ethan Vanderbilt, a well respected scam buster has posted an article detailing the issues that have come to light in recent months regarding the Emgoldex scam.

While the initial investors may receive unbelievable returns, they are encouraged to get “downline” investors to join the network. Eventually, this pyramid will collapse and those just getting in which will be the majority of investors, will lose some if not all of their investment.

Learn more about high yield investment programs and ponzi schemes at Wikipedia.