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Gold Now Review: No Gold Crypto, Just a Scam

Gold Now Review: No Gold Crypto, Just a Scam

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If you want to know how dumb it is to send money to Goldnow.biz, just approach your wife and ask her whether you should invest in Gold Now because they are promising 20% hourly returns for 10 hours. She will definitely tell you that it is a stupid idea.Gold Now makes it clear that they are a get-rich-quick scam by presenting too good to be true investment plans hoping that we will believe their story.

Gold Now says that they are an investment company based in the UK. They are supposedly traders of Cryptocurrencies. Their corporate headquarter is 2 Parkfield Drive, Queensbury, Bradford, United Kingdom, BD13 2HH. However, we cannot confirm whether Gold Now is located in the said region given that this website is run by a very canning individual.

Not only will they deceive you, but they will scam you and eventually disappear with your funds when the kitchen is too hot.

They allegedly exchange and trade popular Cryptocurrencies like BTC. But you know that this is a lie. You can’t believe them. The only trading that is happening here would be that where investors send their Bitcoins to the site and the scammers cashes out the money. A thief is not worth getting your money. These worthless site operators are clearly ignorant of the fact that many investors will not fall for this trickery. Let’s see how this site is operating and is likely to scam investors.

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Gold Now Review

The first thing that attracted our attention was the claim that Gold Now was generating 20% every hour for 10 hours. There are 4 plans to choose from. The most expensive of the plans promises 2200% in 27 days. However, if an investor is not willing to wait for 27 days in order to receive their payouts, they can always choose the 10 days plan which promises 950% or the 3 day plan which promises 350%.

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These figures are clearly not making sense. No legit business can generate such enormous returns. Even if we were trading Cryptos, these profits would be too good to be true. Traders lose money and even if they win, they won’t be making crazy profits.

The big question is this: If Gold Now was that good at making riches overnight, why are they giving this opportunity to everyone and for free? Ask yourself. No one gives such opportunities for free. In fact, those who know how to generate riches do not always say how they do it. They don’t always offer to teach or help others gain financial freedom like them.

But with Gold Now, these questions still linger in our minds when we think that these guys can allegedly generate 2200% in 27 days yet they are the same people who hustle investors of their hard earned money. This is not a realistic thing. It is why Gold Now is a scam.

 Fake testimonials

Well, the reason why fake testimonials are a key feature of this website is because they are operating a ponzi scam. Ponzi scams are not supposed to pay at all. But even if you are lucky to get paid (in rare circumstances), it will be a way of enticing you to deposit more money so that you can be scammed a large sum.

We are seeing a few faces of people who claim to have made a lot of money with this ”fantastic” investment website. Unfortunately, you cannot mistake their faces as those pictures can be found everywhere else on the internet.

That means these people have never utilized the alleged services of Gold Now. These fake testimonials are being utilized for purposes of misleading you so you can get persuaded to invest too. Never send any money to a thief.

Dubious stats

It’s clear that Gold Now is not a transparent website or at least the owner is not comfortable with getting exposed. Probably they are engaging in dirty dealings which involve fleecing investors of their hard-earned Bitcoin pretending that this money will invested when that’s not the case.

When we look at the deposit and payout stats, we can’t help but wonder why on earth a dishonest person would want to show you this information when they are not willing to reveal their names and the nature of their operations.

It certainly doesn’t make a lot of sense. For that reason, these stats are not an accurate representation of what is happening on this site.

We cannot trust this table especially the column that says ”Last Withdrawals”.

Also, they are claiming that this website came on the internet on April 30, 2018. That’s interesting because who.is is giving us a completely different set of information. Who.is records that the domain was registered on 16 April 2018. We are not sure what the anonymous operator of this site stands to gain by telling us that the domain was registered in April 30th.

An affiliate program proves the ponzi status of this company

When you try exploring this ponzi scheme in details, you will come across a link hat says Affiliate Program. This is just a confirmation that we are dealing with a ponzi scheme since such projects always encourage internet users to join them so they can make a lot of money.

You can also see that they have created a lot of different affiliate banners which they are encouraging their members to utilize when promoting Gold Now scam.

The truth is that these banners are just a means to advertise in order to reach a huge number of potential victims. You can rest assured that Gold Now is up to no good.

Our best advice for you

It is simple. When you choose an investment plan and send money, you lose it. There is no doubt about it. All you need in order to believe that Gold Now is a scam are the figures which they claim you will earn. They are not realistic. And even if they were, everyone would be rich in the world today, thanks to a get rich quick scheme like Gold Now.

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