Is One Seven Company a scam? Check before investing
A One Seven Company was a company that sold variable investment plans in bitcoin, these plans had a monthly income of 5% to 30%, profitability depended on the plan purchased.
A One Seven Company it was structured through “multilevel marketing” investors could earn 10% of the plan's value by referring new investors.
Plans ranged from $ 30 to $ 5, a person could do up to 30 accounts on the One Seven.
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What is One Seven Company?
The company said it was created to publicize investments in cryptocurrencies around the world. The offices of One Seven were in Portugal, USA and Panama.
It was created by a group of friends:
- Maurício dalpiaz (CEO)
- Yuri less (COO)
- Pedro Santos (Expansion Director)
- João Barros (Marketing Director)
- Léo Oliveira (Support Manager)
The company said it had a team of traders PROFESSIONALS in the United States. These supposed traders would make the investors' money profitable. The balance could be tracked on the One Seven, profitability was daily.
How did it work?
People bought investment plans ranging from $ 30 to $ 15. When the investor bought a plan from One Seven Company, the company said its capital could reach the maximum appreciation ceiling of 200% in up to 6 months. The investor would also earn a 1% share of the company's monthly profit.
There was another profile of operations that I called duplication, the duplication profile of One Seven Company earned 10% on direct referrals and an additional 5% to 30% appreciation for your affiliate team.
This service was called a binary gain and the investor's capital appreciation of up to 200% was maintained. However, there was an advantage of the duplicating profile, it was the bonus for each referral, about 10% for each new affiliate. It was more attractive to hire that plan.
A One Seven promised to double the investor's capital within 180 days through buying and selling of cryptocurrencies by traders Americans. THE One Seven said he had 5 traders in the United States to operate the capital of its investors.
The daily profitability of the 5 traders would pay all investors according to the company's presentation.
One Seven Company bitcoin
A One Seven talked about the concept of bitcoin and the decentralization of money in its business proposal. The concept do bitcoin was real, we have a decentralized currency that works in the world, but this speech was a lure to attract new people to investment plans.
These plans weren't real, we don't know if they really existed traders in the US that made money from investors.
One Seven Company fell
Yes, the company's website went down, the investment plans were a fraud.
The site was hosted at: backoffice.onesevencompany.com. Through this print of a video, it is possible to observe the virtual office (platform) and the functions:
- Plans that were paid in bitcoin
- Monitoring of invoices and daily income
- Area to release loot
- Get a Quote bitcoin In real time
It is possible to see that the One Seven they made videos to demonstrate that the company was paying. Probably those who started at the beginning received the income.
"Reclame Aqui"
The last complaint about the One Seven Company it was 2 years ago, a user from Bahia reports that the company convinced him to carry out the investments and then disappeared.
News
A One Seven Company became a police case after the assassination of CEO Maurício dalpiaz. The crime was committed by two One Seven investors, father and son. They made an investment of 200 thousand reais in One Seven Company and lost everything.
Realizing that One Seven Company had broken, father and son were to demand explanations from the CEO. But it didn't end well, dalpiaz was killed and his body was spawned in a thicket in the city of drip, Rio Grande do Sul.
The delegate of drip, Fernando Pires, investigated the One Seven, he said the company was “Only facade”. The scheme promised high profits in a short time, but investments were not made.
O purchased bitcoin by the investor was transferred to the One Seven and the company did not perform cryptocurrency operations as promised.
dalpiaz participated in D9 Trader
dalpiaz had participated in another pyramid scheme, D9 Trader. The case of D9 Trader didn't end well, one of the leaders of D9 Trader: Márcio Rodrigues dos Santos died and allegedly Maurício dalpiaz would have involvement.
Márcio Santos was burned inside a luxury car, Audi A4. The other creator of D9, called Danilo Santana is at large, the last information we had showed that he possibly lives in Dubai in the Emirates Arabs.
The spectacular Sunday on Record TV, investigated the D9 pyramid scheme Trader. The company left hundreds of millions of reais at a loss. D9 generated R $ 200 million just for Danilo Santana, one of the leaders. In 2018 the company was sentenced for fraudulent scheme and closed.
In Record's report it is possible to see that Márcio Rodrigues dos Santos feared for his life, so he moved from Rio Grande do Sul to Santa Catarina. However, he ended up being murdered.
Is it a scam?
Yes to One Seventeen Company it was a blow. The company did not carry out financial operations and was structured by the scheme Ponzi. The scheme Ponzi it is one of the oldest crimes in the economy.
O scheme Ponzi it is a fraudulent investment transaction, usually the scheme promises high earnings under a sophisticated investment.
However, the investment profit comes from the money of other people who enter the pyramid. That is, there were no cryptocurrency transactions in the One Seven, the money did not yield. He came from the directions.
The investment pyramid scheme appeared in the 1920s. But in the 2000s, financial pyramids used cryptocurrencies to promote themselves. Companies with One Seven Company tarnish the image of bitcoin trading and cryptocurrencies.
CVM Guidelines
A GVC advises that investors do not buy collective investment plans, Traders Union: Best Low Spread Forex Brokers and cryptocurrencies. At first it can be confusing to differentiate between financial pyramid and multilevel marketing. But it's easy!
O multi-level marketing they are communication strategies to generate direct sales, people earn with the company's products or services.
But the pyramid is a strategy to attract new investors, but there is a gain for each new member. Thus, the referral receives a remuneration for the referral.
That is why the One Seven it was a pyramid and not an investment. People earned by redistributing income from their referrals and not by One Seven, who promised bitcoin traders.
As financial pyramids always attract new customers, because the more members join, the more money for those at the top (company leaders).
Conclusions
The case of One Seven Company it became a mess and ended in tragedy with the death of the pyramid leader.
The police report that the murder occurred on January 11, 2020. Unfortunately, there are other similar cases, such as the murder of João Silva from the channel Cryptocurrency Fever. João was reportedly killed in Paraná due to his involvement with the A2 Trader and nick Forex , both convicted of financial fraud in Brazil.
Directions: Never believe in the promise of quick money making in the cryptoassets. Do not leave your capital in the hands of others. There are trusted cryptocurrency platforms for you to buy and sell bitcoin securely.