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Millions Lost in the Bullish Trade Scam
akowally
#1 Posted : Monday, February 11, 2013 7:07:52 AM
Rank: Veteran


Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
It is sad to learn that Bullish Trade has been offline for more than one week.

I made every effort to blow the whistle on this well-orchestrated scam to protect the interests of everyone.

More details about the Bullish Trade scam can be found on this link.

Money doesn't grow on trees. Never invest on something that claims to double or triple your income in a matter of weeks.

Once again, go here for more on this Bullish Trade investment scam.
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essyk
#2 Posted : Monday, February 11, 2013 8:28:44 AM
Rank: Elder


Joined: 11/15/2011
Posts: 4,518
I am grateful to wazua for the insight.
The day I received a phone call asking me to join Bull trading,I came here to search for info and I got it.
I called the person back and told her to drop it because it was a pyramid but I never got a reply.
They had joined as a group, some depositing as much as 200k and boasting about the rewards.
All was quiet and next thing I heard, she had taken a loan so she could earn more.
I know another who deposited her uni fees.

Kenyans will never learn that greed kills.
"The true measure of a man is how he treats someone who can do him absolutely no good.
akowally
#3 Posted : Monday, February 11, 2013 9:18:05 AM
Rank: Veteran


Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
essyk wrote:
I am grateful to wazua for the insight.
The day I received a phone call asking me to join Bull trading,I came here to search for info and I got it.
I called the person back and told her to drop it because it was a pyramid but I never got a reply.
They had joined as a group, some depositing as much as 200k and boasting about the rewards.
All was quiet and next thing I heard, she had taken a loan so she could earn more.
I know another who deposited her uni fees.

Kenyans will never learn that greed kills.


Well put essyk.

I also know many people who deposited loads of cash into this...

When I put up another Wazua post warning guys of imminent danger, another Wazuan even wanted to join the thing regardless of my advice not to join. I am sure he didn't but I hope there are no quiet wazuans who joined because of him and burnt their fingers.

As always, be careful when it comes to investing your hard earned money. There is no business that can give you supernormal guaranteed returns.

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elder1981
#4 Posted : Monday, February 11, 2013 9:20:02 AM
Rank: New-farer


Joined: 10/23/2012
Posts: 28
I learned my lesson in HYIP's in 2010. what i lost was more than what i made, since then i have not even used my LR account. on one hand those who get in early in these scams get paid (by helping to steal from those who get in late), but on the other hand what do you tell those whom you referred and were scammed. guess it depends on your ethics.
The Main thing is making the Main thing the Main thing.
kinyash
#5 Posted : Monday, February 11, 2013 9:51:30 AM
Rank: Member


Joined: 10/16/2006
Posts: 21
There is another one called Banners Brokers which sells advertising panels. You may hear of it or just browse. Beware
akowally
#6 Posted : Monday, February 11, 2013 10:18:00 AM
Rank: Veteran


Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
@Elder1981

Sorry for burning your fingers in 2010. It is never wise to refer people to any HYIP or pyramid scheme. If you are unwise enough to join one, then don't tell anyone, go in and out. If you burn your fingers (someone always will) burn alone. If you gain, count your blessings and disappear.

@Kinyash

Thanks for the warning about Banners Brokers. I'll look it up and if necessary send out the warnings!


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Ric dees
#7 Posted : Monday, February 11, 2013 10:57:07 AM
Rank: Member


Joined: 3/6/2008
Posts: 632

@ Kinyash, @Alkowally I think BB (Banners Brokers) is legit i have made some serious cash in the last 3 months or so. @ Kinyash please be kind enough to explain how this is a pyramid scheme?


The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday's logic.
akowally
#8 Posted : Monday, February 11, 2013 11:40:46 AM
Rank: Veteran


Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
@Ric Dees

What's it all about? I'll try and find time to check it out but meanwhile kindly shed some light on it.

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King G
#9 Posted : Monday, February 11, 2013 1:14:24 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Waz scammed once, and i said to myself never ever.
Thieves
investahustler
#10 Posted : Monday, February 11, 2013 1:25:54 PM
Rank: Hello


Joined: 2/9/2013
Posts: 5
naomba serikali inisaidie nipate pesa yangu :) hehehehehe
ChessMaster
#11 Posted : Monday, February 11, 2013 1:47:02 PM
Rank: Elder


Joined: 2/23/2009
Posts: 1,626
Eventually greed gets them all.
Uncertainty is certain.Let go
akowally
#12 Posted : Monday, February 11, 2013 2:17:44 PM
Rank: Veteran


Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
ChessMaster wrote:
Eventually greed gets them all.


Is it greed, ignorance or arrogance?
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2012
#13 Posted : Tuesday, February 12, 2013 4:44:13 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
akowally wrote:
ChessMaster wrote:
Eventually greed gets them all.

Is it greed, ignorance or arrogance?



Simple advice, never ignore the law of the harvest. You plant, you cultivate and water continuously then after some time you harvest.
Anything taking any other route, run away very fast.
Even in stocks or other passive investments only put what you're ready to lose.

BBI will solve it
:)
ChessMaster
#14 Posted : Tuesday, February 12, 2013 4:58:29 PM
Rank: Elder


Joined: 2/23/2009
Posts: 1,626
akowally wrote:
ChessMaster wrote:
Eventually greed gets them all.


Is it greed, ignorance or arrogance?


The first time its mostly ignorance.Beyond that its arrogance and greed.But 2012 has said,you reap what you sow.
Uncertainty is certain.Let go
Mukiri
#15 Posted : Tuesday, February 12, 2013 11:18:14 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
Maybe sleeping is not such a bad thing afterall. Things just pass you by, the money making, the scams. Traditional is the way to go, no?

Proverbs 19:21
Cde Monomotapa
#16 Posted : Wednesday, February 13, 2013 12:44:17 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
SMH. Why would T-Bills & Bonds exist if HYIPs & Pyramid schemes were for real? *end of qoute* #Tafakari
investahustler
#17 Posted : Monday, February 18, 2013 12:08:54 PM
Rank: Hello


Joined: 2/9/2013
Posts: 5
Bullish trade scam covered in yesterdays standard page 6. Kenyans lost 1.2 Billion. We are a rich country!
mawinder
#18 Posted : Monday, February 18, 2013 12:27:09 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
investahustler wrote:
Bullish trade scam covered in yesterdays standard page 6. Kenyans lost 1.2 Billion. We are a rich country!

Hnw did the standard reach the figure and aren't there any success stories?
Pick n Pay
#19 Posted : Monday, February 18, 2013 1:22:57 PM
Rank: New-farer


Joined: 1/29/2013
Posts: 45
Location: South Africa
akowally wrote:
It is sad to learn that Bullish Trade has been offline for more than one week.

I made every effort to blow the whistle on this well-orchestrated scam to protect the interests of everyone.

More details about the Bullish Trade scam can be found on this link.

Money doesn't grow on trees. Never invest on something that claims to double or triple your income in a matter of weeks.

Once again, go here for more on this Bullish Trade investment scam.


Any warnings on FXCM Forex brokers?
Greed is fear.
propertyzote
#20 Posted : Tuesday, February 19, 2013 4:53:18 AM
Rank: Member


Joined: 8/25/2010
Posts: 283
Location: Nairobi
A lawyer friend of mine was really in high spirits having invested 100K to taste the waters..I told him if you can get back the money now..the better for you. He thought i was crazy..Having personally lost time and money back in 2006 in questnet when I hear of any form of.....put money then wait for high returns i automatically shut down.
2012 wrote:
akowally wrote:
ChessMaster wrote:
Eventually greed gets them all.

Is it greed, ignorance or arrogance?



Simple advice, never ignore the law of the harvest. You plant, you cultivate and water continuously then after some time you harvest.
Anything taking any other route, run away very fast.
Even in stocks or other passive investments only put what you're ready to lose.

www.propertyzote.com the ultimate ‘one stop online shop’ of choice connecting more people with more properties at the click of a button
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