The following information was published by genix team who finally unmasked racksterli tricks to scams alot of Nigerians unknowingly. we would like o advice every reader to.take some time to read through the knowledge and the way this team exposed and unmasked racksterli.
Blackgold chidiebere is that the owner and CEO of racksterli. The mastermind who create alot of domains in other to confuse alot of members.
The following website domains is currently own by racksterli CEO blackgold.
Discover untold truth about dev.rackserli.com
According to teamgenix on 1st October 2020 I called my Co founding father of Genix to debate heartily with him
shortly after Earners Fx crashed, regarding a replacement reigning website that claimed to
be a Knight in shining Armour, possessing high income standard, stable investment
and strong financial security, this might be the platforms many Nigeria were
waiting upon for a change of story, after FG has frustrated the efforts of
passionate youths in Nigeria.
So we began surveying, We investigated deeply thereon to truly see, but however
this platform seemed very young and features a promising future and great potential, so
we decided to venture into it, shortly after we started, we heard many sweet talks
from the founder about how they invest the cash of its members into Forex and
Real estate. it had been that which drew our attention into what’s really happening with
this platform, cause we went into deep research, surveys from LinkedIn, Quora and
overstacks showed land may be a compound investment that’s capable of paying
up to 10% ROI after years of compounding, this dated me back to what the CEO
of this knight during a shining armour platform said about investing money of its
members in land and still capable of paying up to 55% ROI in 30days. It
waved off as a shocker, could it’s a lie?, could it’s that the founder was just
desperate for attention?
Wasn’t this an equivalent platform he told us he was investing into land then how
come his declaration totally different from what Quora and overstack surveys has?.
That was the purpose , I got more interested by the platform, we explored it’s second
source of investment it claimed which was Forex trading, Am a crypto trader by the
way but I needed to ascertain how well this Racksterli stuffs fits into what he’s saying I
needed to synchronize it all.
Racksterli refund payments scam or Legit
Surveying a mean of 35 forex traders showed forex isn’t a get quick rich
scheme and there are not any guarantees for your wins and losses. That dated me back
to how this Miggster claimed to take a position money of individuals into an investment that
involves win and losses which in most cases losses are far greater than the wins and
still be ready to continue with the proclaim 55% ROI, Hmmn we got a touch bit furious,
this must not be so, he must have something up his sleeves he isn’t spilling,
researched continued this was when Team Genix first proposed Anti Ponzi clock that
helps you monitor how long a platform lasts to assist safe guard your money as Peculiar to how a trader would found out his chart for a high probability success
From the calculations we got we knew it had been risky to push this shadow like platform
for anything later than January. once we calculated the date up until that time
using Stability index and Transparency score it had been around January 16th. That was
the proposed date we had in mind to prevent pushing this so called wonderful platform
that claimed to be heaven sent and would change the planet during a short time. As time
approaches the proposed deadline date we began to see many other symptoms
showing off and other stuff playing out.
Which i might highlight:
1. The Platform became desperate for brand spanking new members by all means. To the
extent that he even put up a $ reward for anybody ready to meet with 25
referrals target for its short time of investing.
2. Started sweet talking most of it’s members about how the platform makes
about 200% ROI daily from an invincible business nobody knew about, But
people never appeared to notice so we just kept going, it had been so amazing and
quite discouraging how Nigerians could fall for those cheap lies, even
claimed to possess developed its coin and building an office whose address
was not revealed.
Wait a moment , is it that folks were so dumb, sometimes I
would sit to ask myself, sometimes during the rambling of my thoughts would
get a call from David saying Hello MUYIWA, another updates just dropped
from Black gold and appearance at what it’s saying. Lies upon lies we knew right along
but wanted to ascertain how far he would take them, Twas amazing how a number of
the people I clearly admire even fell for a lie as cheap because the one being
cooked up by the founder…
3. Customer service started fermenting real bad and was getting worse day by
day, we might start seeing cases of delayed payment and the way frustrated
members of the platform were slowly becoming, once they invest during a
platform that claimed to be making 200% ROI daily from its invisible
business would be having troubles paying its members whose live were
due for just 55%. Sad and frustrating, but he maintained with the lies because the rule
of Ponzi states that the CEO would keep staging more lies just to guard the
first lie. Its a game of dogs eat dogs as we might see… it kept on
deteriorating and going really bad then I knew, this Ponzi of a scheme would
have a disastrous end cause as Per the Culture of Team Genix, random
investor brings website to our custody to assist verify before they melt into it
hoping for a touch little bit of stability so their financial goals are often met, as we
would survey other platforms and help expose the truths behind them, we knew quite well exactly what this one was tryna do, very soon we heard of
an interesting update, the one which actually blew up our minds, saying
popular CEO of This platform had gone to solicit for the help of famous
celebrity musician for a collaboration, I wowed once I saw it but at heart
knew it had been a cat and rat game as Ponzi states that if the amount of individuals
joining a platform day to day becomes far lesser than the amount of payouts
then the platform slowly melt away into nothingness , I knew this was Mr CEO was
trying really hard to avoid but it had been a death he knew clearly he couldn’t run
from forever, after involving famous celebrity musician, a touch glimmer of
hope struck it’s members cause this is able to be just like the first Ponzi in recent times
to get a star as a brand ambassador, while the joyous call was ongoing
I kept my team Alerted of the deadline day we proposed, so it had been on the brink of
year ending and this platform has gained a significant surge in number of it’s
overall members which really was also tampered with there’s a
language that we call moving display talk signs as programmers, called
Download the pdf file
Those are literally a written code of instructions in order that they meant
nothing and will are manipulated. Even with under the present reign
of this Celebrity figure. So it kept on going and going. it’s saved this
platform from untimely crash but the owner knew quite well it can’t hold on
for long this manner so he started trying to find ways to introduce new strategies
that would keep its Ponzi ongoing while filling the heads of young Nigerians
with lies, He once proposed to organized a referral contests that whoesover
is able to usher in up to 500 persons would be gifted an iPhone. This was
already helping us define what an absolutely Ponzi scheme would appear as if in
reality. But despite the small cues Nigerians alleged to note , they were
jubilating, opening their mouth far and wide it got me annoyed the more but
the date we were to live and back gradually wax closer, it had been January
14th we were alleged to live about 300K+ but couldn’t because the
so called website who claimed to be making 200% ROI daily has gradually
started staggering to pay its members. We went through series of rigorous
delay but cashed out January Ending after much stress and frustration it had been
then we officially declared a Stop and retreating of the platform, our voice
to the masses was sort of a drop of oil in an ocean since they need been too
carried away taking note of fairy tale stories as told by Mr CEO, How then
would such people bear to listen to the truths even when it’s bitter, so we
decided to prevent pushing ourselves, even when many people would come to
me posing for my referral link in order that they could join we nevermore tried it as
our Anti Ponzi clock doesn’t lie, so after we successfully cashed out the platform has detoriated real bad that folks still had no choice but to stay
up because the words of Mr CEO was so sweet and enticing to believe.
It was at
this point I remembered the famous saying that goes like this All that glitters
is not gold, so we kept watching because the drama unfolds while completing our
normal daily activities and moving on with life, we might see people cashing
out and shouting-bragging how they will actually die for the platform or do
it forever because Mr CEO fed them with misleading details of 100%
Slowly the platform started drawing nearer towards it’s grave.
It was about time but Mr CEO seemed relentless about it and gradually turning
puppy dogs of celebrities. Running from one tent to the opposite with great care he can get
more validation from the eyes of the general public , while that was slowly working, but was
not meeting up with the Vast amount of payouts to be conducted day to day , He
knew he had to return up with a special strategy if that one wasn’t working, which
was using delay of payouts to prolong the burial of his little running investment but
as he tried the delay mechanism it got worse because the initial amount of individuals to
receive their funds were just piling up sort of a heap trips of sand. When he knew the
number joining has become far lesser than the amount to be paid out. He knew he
had no choice but to stay proclaiming good about his platform while slowly waiting
for the death day of his little company which he had already structured out, the lies
to say and the way to try to to it. How he was ready to deceive quite 100K investor up
until now remains a shock to me as Nigerians became so fucking lazy
depending solely on ponzi schemes which are highly volatile for wealth but without
Stability no true wealth are often built.
Anything that doesn’t clearly state that you simply could lose all or a part of your
investment may be a red flag. And if it promises returns in more than the stock exchange
index, it must also explicitly state the increased risk your money is exposed to.
The iron law of investing is that risk is directly proportional to reward.
A Ponzi scheme is best explained through an example.
Say person A joined this Ponzi, which promises 10% in one month. He put in 100. In
one month he expect to get $110 out. Ponzi now has $100. A week later A tells B, and B decided he also wants to put in money.
B puts in 100. Ponzi now has $200.
A month had gone by. A takes out his money $110, Ponzi now has $90. Clearly he
cannot pay B the $110 he had promised. So Ponzi has to have someone else join
the scheme, i.e. Person C, so he has now $190, so he can pay B $110.
The game will continue as long as there is money left in the Ponzi, and people are
adding money into the Ponzi faster than its being taken out. It stops when it runs out
of money, or when authorities realize this is a scam and somebody will lose money
at the end, because the late joiners (the last ones to put in money) will lose their
money. There is no money left to pay them.
Could all these be the reason why Mr CEO was so desperate for new members that
he involved all form of schemes, come to think of it properly, Any platform that can’t
show to you it’s trading records, let you know the risk involved he/she is investing
your money into, Hiding its office beyond the reach of its customer by providing
vague office address, turning lap dog of celebrities just to get more validation,
claiming to be building a multi million mansion office whose address wasn’t
revealed and BG coins whose white papers was not seen would be quite
So it kept on unfolding, The normal life span of a stable Ponzi should dance around
4months – 6months and if you wanna know why Mr CEO was able to sustain this
running investment for somewhat that range was because in actuality 60% of it’s
members weren’t really cashing out but all just a scheme, and this is why a Ponzi
scheme works so damn well.
At times you don’t even need the whole thing about new investors and all that if you
do it well.
All you have to do is to convince people to reinvest their earnings with you. Say the
words “compound interest” and you are halfway there.
The way it works goes like this:
I manage to convince you to invest a billion dollars with me, and I’ll get you say
60% returns, monthly. 60%!!!! It’s amazing, you won’t get that anywhere else, so,
you give me the billion dollars.
Now, at the end of the month, I tell you that you now have a billion and 600 million
USD. I convince you to leave your money with me via complex means of sweet talks,
that the next month it will grow even faster to 1.2billion USD, 120%! You leave all
1.6billion USD with me.
The next month, I tell you you now have 2.2billion USD. Then 3billions, then 4billions,
then 4.5 billions, then 5.5, then 6 billions, etc.
I’m just making numbers up, and sending them to you.
Since you never actually try to withdraw the money and take it out of the platform,
you don’t notice that actually, there is nothing there at all, I just withdrew everything
and used it for myself. It’s really capitalism at its finest.
The investor wants to see numbers grow consistently, there is demand for that.
And he gets the most consistently growing numbers he ever saw!
The schemer wants to actually use money to buy things, and gets to do so by
supplying a valuable service.
So as of Today it has gotten to it’s climax and would tell you that your favourite
Ponzi Scheme known as Racksterli is Dead and gone. The thing you all saw
regarding website going off and on several occasions was due to the fact that he
longer had enough money to Pay out old investors so he knew the best strategy was
not to run away as he would lose all he had labour to build which was Networks
So he had to switch off the server of his website and find a scape
goat to blame for something he is supposed to own up to openly avoid disgrace,
He claimed to be fighting off Virus and Bug or sometimes we would here Bandwidth
size, I’m glad to say to you that Facebook as it is today has over 5billion members
and billions tripping in and out daily basis and still sustaining then a platform whose
members weren’t even up to 200K ranting about traffic and bandwidth then virus
and bug. If you have fallen for the lies up until this point it’s high time you opened
your eyes to the realities of Life, Racksterli is obviously coming back but not as
Racksterli again as a brand new website with a new interface in few months from
(THE START OF A BRAND NEW PONZI).
As he previously did when he ran Bgfundz.. If you doubting you can go check up his
Official Twitter Handle and scroll up. Social media does not lie there you would see
his past records in the game of Ponzi. He doesn’t run away but just wait for a short
time for the roaring storm to go out then slowly bring out a new one. It has worked
for him in the past and would still keep working for him because Nigerians have
been reduced to a thin line of stupidity – foolishness. This was just to open your eyes
to the realities of what’s going on behind the scenes with Black Gold.
Stay safe Fam
CTO officer, Team Genix
You can reach them via on WhatsApp via 07045403568 or David 07066766410.
Dev.rackserli.com scam or Legit
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