Why you need to stay away from Swissgolden Ponzi scheme

SoftBank

While investors in all kind of Ponzi schemes are basking in their loss to unworthy investments, here comes Swissgolden with a ‘rusty’ promise.

Profitable investment programs are available both online and offline but it appears many prefer schemes with bogus returns on investment.

Promoters of Swissgolden say investors do not need beyond NGN2700 (Twenty-seven thousand naira only) to start. They claim it is a zero percent risk investment.

According to information available on swissgolden’s website, it is intended for purchase and sale of an investment gold in bars.

Gold bars are bought and sold in the Internet – shop in any quantity and any values from 1 to 100 grams.

Bars delivery is carried out by the insured mail or they can be received by prior arrangement in the delivery department in GB , as well as they can be left for safekeeping in the certified depository of precious metals. GB , as well as they can be left for safekeeping in the certified depository of precious metals.

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Delivery cost is defined by the postal service. Сost of delivery amounts to 55 euro.
The gold storage cost is 0.1 % per month of the value of the gold stockpiled in depository on the first day of every month.

In case of Buyer’s payment for the Order and Company’s services is through bank transfer, the Swissgolden company will send an invoice to the Buyer. An invoice will be sent to the Buyer’s e-mail stated at the registration. The cost of purchase will be fixed for 24 hours.

As the gold market price may change several times a day, a Buyer must make a bank transfer and send a copy of payment by e-mail to the delivery department within 24 hours.

If confirmation of a payment for the Order is not received within 24 hours, the Order will be canceled.

However, many Swissgolden promoters invite investors to donate in the Swissgolden’s matrix system which they say is dynamic and not static unlike other Ponzi schemes.

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The minimum you earn from Swissgolden is NGN1.1 million naira (One million, one hundred naira only) and you earn that 3 times before you move to the next stage with even more money to be earned.

– Excellent matrix system. Most MLM will tell you they operate a 2 x 2 matrix. When you join, you find out that they have other stages that operate a2 x 3 or even 2 x 5matrix making you to struggle to earn from their system. They are death traps. Swissgolden operates a 2 x 2 matrix all through their wealth stages.

All these lines are the usual mumbo-jumbo used to hoodwink unsuspecting investors to believe Swissgolden has anything to do with investing in gold. There are no proof and or actual links with this organisation as a gold trading platform.

The whole idea is to divert the attention of Ponzi investors to Swissgolden which is not a Messiah in recession as they have claimed. It is another system that encourages a pyramid system under downlines by simply passing funds around referrals as found in Ponzi programs.

To justify its claims, the promoters of Swissgolden say a refund is possible when investors want their money back. There is no guarantee for this claim since the scheme is not regulated by any financial services agency.

There is no actual investment going in this scheme. Those who invest in it will be open to surprises as soon as new investors dry out.

39 thoughts on “Why you need to stay away from Swissgolden Ponzi scheme

  1. Swissgolden is a very true and legitimate business. It is not a ponzi schemes.It is a networking business. And like all networking businesses, it’s needs continuity. Registration into swissgolden is once. After that, entry into the next stage is collected from the money in which the company pays you.You are not bringing out any more money. I am into this business and it is really paying me. People are making millions from this business.

    1. Mr Okiemute I get your point
      My question for clarification is that a business is legit because it is paying… Is that how it works?

      1. No that not how it’s work. You put in some little work and get paid. If there’s no work hen be done then trust me is not worth going into. Swissgolden works only by your own little work as a partner . It’s might seem difficult though , but that what makes it’s a cool stuff unlike some cheap don’t work stuff . Call 07034627355 to get a better enlightenment

    1. Ive been in swissgolden since jan, and now Im stuck heading the main table (not just me tho, several of my uplines too) so u must knw i understand d business well. The thing is, when theres no team work everybusiness eventually dies. And thats the prob with SG.
      Anyway, last week a friend (+2349058793954 -dats his phone no) invited me to join a Global Intergold team, in one week ive earnd 900 euros, not just me, several others… and after earning u can withdraw to ur bank acct, bitcoin acct… All these becos everyone looks out for each other in the team and Global Intergold is faster to earn than swiss gold.
      I wish i had started with GIG instead of SG.

      1. I joined Swiss Golden in April 2017 and am stuck but a friend introduced me to Global Intergold and I earned within a week. I was able to cash out my earnings after 2 weeks. Global Intergold is real. You can WhatsApp me on +2348139784085.

          1. Swissgolden on its pipeline again. If you want to sell your swissgolden account or otherwise push up a stagnant account, to also buy coupon at a cheaper rate. We have all it takes to do such. Kindly call or watsapp 08065803882
            Victor Leadership (II) Swissgolden

          2. Hello,
            As stated in the article, we do not advise anyone to join Ponzi schemes.
            Sincerely,

            Editor.

        1. Swissgolden on its pipeline again. If you want to sell your swissgolden account or otherwise push up a stagnant account, to also buy coupon at a cheaper rate. We have all it takes to do such. Kindly call or watsapp 08065803882 for more details
          Victor Leadership (II) Swissgolden

        2. Anything that comes so easy then watch it. You claimed you didn’t have to work at least here then you get paid. Sound funny. Anyway, for me,anything that comes easy has some hidden truth. Nothing good and worth having comes cheap. Swissgolden &a being a partner of Swissgolden is worth its all and therefore doesn’t come easy. Put in some little work and be happy . That all

      2. Swissgolden on its pipeline again. If you want to sell your swissgolden account or otherwise push up a stagnant account, to also buy coupon at a cheaper rate. We have all it takes to do such. Kindly call or watsapp 08065803882 for details
        Victor Leadership (II) Swissgolden

  2. Ive been in swissgolden since jan, now heading main table, but everyone is just stuck. U can imagine d amount of work ive done to get there… But last week a friend told me about Global intergold and in just few days ive earned my first 900 euros, withdrawn into my acct and Ive moved to the next table to earn 3600. And its all bcos of the team, helping and assisting each other earn, and well… the system is faster too than swiss golden

    1. Swissgolden on its pipeline again. If you want to sell your swissgolden account or otherwise push up a stagnant account, to also buy coupon at a cheaper rate. We have all it takes to do such. Kindly call or watsapp 08065803882 for more details
      Victor Leadership (II) Swissgolden

    2. If it’s worth Working for then it’s worth having. Nothing good comes cheap. Swissgolden isn’t cheap. We work for it. Not some cheap stuff dear.

  3. another baseless article from someone with little or no knowledge of how Swissgolden works.
    “There are no proof and or actual links with this organisation as a gold trading platform.” Seriously?
    so all those gold bars shipped around come from heaven? Google Metalor, Argos Heraeus, Valcambi etc. these are reputable gold manufacturers from around the globe which Swissgolden partners with.
    you can even get a MasterCard issued to you. now MasterCard is a leading player in the finance industry; you really think MasterCard will put its repute on the line for a scam company?
    shut down your blog if you don’t have anything worthy to write about.

    1. Hello,
      Thank you you for your comment. This article was written with argument that Swissgolden is a Ponzi scheme. Instead of name calling and abusive words, you can actually write your own argument why it is not a Ponzi scheme.
      Thanks.

      Editor

    1. So true.. the scary part is.. there are some pretty intelligent folks on this thread cleverly misguiding hundreds of readers into a scam only they will benefit from or have already lost from and are looking to rope in ignorant/naive folks into. Nigeria is truly doomed

  4. Swissgolden on its pipeline again. If you want to sell your swissgolden account or otherwise push up a stagnant account, to also buy coupon at a cheaper rate. We have all it takes to do such. Kindly call or watsapp 08065803882 for any detail on swissgolden
    Victor Leadership (II) Swissgolden

  5. Go back to your back office and try withdrawing again. in the past you could withdraw only by using coupons but now you can withdraw directly into you naira account.

  6. Hello,
    I believe that before you bring down any business you should do proper research. We all have our different opinions, because ponzi is rampant doesn’t mean any all online business are ponzi. Ill give you reasons why swissgolden is a legitimate business, since you haven’t done any research.
    1} swissgolden is an MLM company registered in the british virgin islands. has legal and admin offices in germany and hong kong. has other offices world wide. It has 2 offices in Nigeria. 1 in PH another in lagos. and its registered with CAC here in Nigeria.. registration no is RC 1388099. African head quarters is at no. 36 stadium road/rumuola link road, PH.
    2} You get refunds. I have personally gotten refunds directly from the company for people who joined but found they couldn’t keep up with the business. No ponzi scheme gives you refunds. you can hit me up and ill give you proof.
    3) it has a product. you earn in gold. you either sell back to the company or the gold is delivered to your door step. Ive seen the gold, personally.
    4. it has been around for 5 years. long before ponzi came along. to celebrate the 5t anniversary 3 top recruiters won brand new mercedes benz. which will be presented to them at a mega seminer in lagos on the 4th and 5th of November 2017 at the balmoral convention center (6-8 AHMEDU BELLO WAY, VI lagos)
    5. you have to work to earn. its a MLM company, if you dont get your 2 referals and work as a team you wont earn. no magic about it.
    i can go on and on, but i think I’ve made my point. i have pictures, videos to prove to you how legit it is. So please if you need to bring down someone business do all the research you can about it. understand it properly before you write about it so you can defend everything you write. so with these few points of mine if you want to know about swissgolden or even join us…hala at me. cheers.

    1. No mind the mumui writer. Low thinking with his or her poor mentality . Chaaa people ehhh. As I dey read am I just dey laugh the monkey. He or she doesn’t know and not even willing to know. Kaaai self pity bad gaaan

      1. Please since August, I have been pleading for refunt but I o no avail.
        I was told a review is on till 10 Dec 2017, then shifted to 15.the.

        Please guide me.

      1. There are different options depending on the level of the table you are. For clarity sign in and go to your back office and ask admin on what options you have based on what level in the table you are on. I can’t tell you what options you have as I don’t know where on the table you are now. Just ask admin…admin is the head piece sign you see on the bottom right of your page when you sign in. They reply you within 24 hrs. Cheers.

  7. Why do you wake up 1dayand start writing stuff? If you as claimed Swissgolden is a scam, sorry you missed it. I have ordered for delivery of Gold Bars from Swissgolden online shop &a its was delivered to me right on my door step. I wouldn’t forget to let you know I was able to place this order directly from my Swissgolden partner Personal page . Also, I have earned immensely from Swissgolden so do others countless individuals. Abeg next time if you want to write make your findings well. Or if you no won join abeg no discourage others Mbok.

    Next time oga make more visibility research & be sure your findings are true before you begin write. That ponzi Scheme Cameron board to mumu those who wanted quick money & easy life isn’t enough yard stick to postulate that some other real stuff are scam abi ponzi or watin you even call am.
    Stay they keep writing unreal stuff about Swissgolden. Don’t get registered , do the work & Earn. I wouldn’t be surprised if you wake up one day & call CBN a scam

  8. My dear you are wrong. So wrong. Get back to your “back office” and do your transfer directly into your “local Bank” acct. Sell of Coupon is not a must. If you wish to sell off as coupon it’s your choice not mandated.
    Swissgolden created a very friendly transaction among partners. So much options are given to you once you earn which includes:
    1. Transfer to ur local account,
    2. transfer to your Bitcoin Wallet for those who are bitcoin friendly,
    3. sell off as coupon/ Euros,
    4. Transfer to Okpay.
    5. Transfer to Perfect money etc. These are various options available to you once you earn. Isn’t this simply amazing ? How sound like it’s a must you sell coupon? That so erroneous statement. I will advice dear that you take out time to learn about this business your self directly from your page or via your active Sponsor or Leader .
    Note also, that Swissgolden site is not porous & clients account is secured once you have verified your email &a Account .
    Thank you

  9. Swissgolden forth coming Event in Nigeria is November 4th-5th 2017 in Lagos. It’s an Event I title” A must attend & A must partner with Swissgolden Event”. A classy one for that matter . Come be with me & other Multiple Swissgolden Bullion Partners on the stated date above. If you are interested call +2347034627355 Nene Daniels. It’s 50€ which is just 25k. To others it’s freaking expensive but to us it’s Just 50€. Call me up or chat me up so can fix you in.
    Swissgolden remains the best.
    We do the Work & we Make the money. Nothing Worth having comes cheap.

  10. II would want everyone here to check very well, if you take a critical look to this write up, you understand that the writer have no clue of swissgolden. All the writer is saying here is just his/her personal believe without a single fact. Yes there is freedom of speech, but that is not a license to come to the public and talk without fact. If you want to criticize any thing, you should gather enough facts, proves and be involved in some aspect so you can testify as a true witness. I would advice the writer to Join swissgolden first and dig through well and have a good understanding of swissgolden, spend little money to make research, before you come online to enlighten the masses.
    Secondly, for those who have join swissgolden and got stocked somewhere, I sympathize with you, but the problem came somewhere—” proper Orientation” . When I wanted to join Initially i choose the preliminary table (75 Euros) but my team warned me not to because it is going to be an Israelite journey. It implies you will have to circle several times and finally gets to the main tale before you start enjoying the benefits. That was actually the problem. Its of great advantage to start with the Main Table (740 Euros) because you will just bypass stress of cycling several times . Though the money is huge but never get stocked especially with good team, you earn within two months. for Example the Team I am in work for you to earn your first One Million Naira then you will use your testimony to prove and bring your friends and family to the team… you can contact me on whatsapp 08033188304 for more details..

  11. Let me start by saying the writer of this article is 100% ignorant of what Swissgolden represents. You can’t just come on the internet and be showcasing your foolishness na. Worse part is, you’re talking about a reputable company. I think you should actually be sued for damages.

    And for those of you who claim your money is stuck in Swissgolden, I will call you LAZY and MISINFORMED. Swissgolden is not like MMM that you will invest money, fold your arms and wait for 30% after 30 days. This is business not an investment program. The company pays you for doing a good job for marketing and promoting their products. If you can’t do that, please don’t join Swissgolden!

    Once again, Mr author, if I had the opportunity of seeing you, I’d first slap you before locking you up. ‘OLODO’.

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