Welcome to “The Crypto Ponzi Scheme Avenger Youtube Channel,” I’m Danny de Hek, also known as The Crypto Ponzi Scheme Avenger. My mission is to expose and shame anyone running or promoting Ponzi schemes or scams, creating as much public awareness as possible to save everyday investors from financial ruin.
In this video, we dive deep into the murky waters of NFT Rewards, a new MLM crypto Ponzi scheme led by the notorious Robert Craddock. Craddock, infamous for his role in the $900 million Zeek Rewards Ponzi scheme, is back with a new venture that combines selling virtual shares with penny auctions for NFTs, echoing the fraudulent model used in Zeek Rewards.
TIME STAMPS / CHAPTERS
DANNY DE HEK TALKS 00:11:00
DANNY DE HEK GET’S KICKED 00:14:00
BEHINDMLM (Robert Craddock) 00:19:00
Talking to BOB with no sound 20:00
Talking to BOB with sound 23:00
*LINKS*
– NFTRewards: https://nftrewards.biz @nftrewards
– NFT Rewards: Zeek Rewards’ Robert Craddock returns – https://behindmlm.com/companies/zeek-rewards/nft-rewards-zeek-rewards-robert-craddock-returns/
– How to Report Cybercrime and Cryptocurrency Scams: A Global Guide: https://www.dehek.com/general/ponzi-scheme-scamalerts/how-to-report-cybercrime-and-cryptocurrency-scams-a-global-guide/
Key Points:
1. Robert Craddock’s History:
Robert Craddock made a name for himself as a prominent figure in the Zeek Rewards Ponzi scheme, where he sold bogus leads and led efforts to suppress criticism. After the SEC shut down Zeek Rewards, Craddock continued to exploit investors through various schemes, making a decent grift of it by convincing investors to hand over thousands of dollars for a supposed legal defense fund.
2. Scheme Mechanics:
NFT Rewards requires affiliates to purchase bid packages ranging from $50 to $10,000 and participate in daily penny auctions to qualify for a promised 1.1% to 1.5% daily return. These auctions are for NFTs, and the scheme relies heavily on new affiliate investments to pay returns, creating a closed-loop Ponzi model.
3. Deceptive Marketing:
Craddock falsely claims that NFT Rewards is registered with the SEC. However, the securities offering does not qualify for the exemption under Rule 506(c) that he cites, making these claims misleading and deceptive.
4. Targeting Vulnerable Individuals:
Craddock has communicated that NFT Rewards is aimed at an older demographic, promising unrealistic returns and leveraging unregulated platforms like the Metaverse to avoid regulatory scrutiny.
Cautionary Note:
NFT Rewards exhibits classic signs of a Ponzi scheme, reminiscent of Zeek Rewards. The reliance on new investments to pay returns, deceptive marketing about SEC compliance, and the targeting of older individuals make it a high-risk and likely fraudulent venture. Potential investors should exercise extreme caution and avoid involvement in NFT Rewards to prevent financial loss. Always conduct thorough research and seek professional advice before investing in such schemes.
Join me in this video as we uncover the truth behind NFT Rewards and spread awareness to protect potential victims from falling into this financial trap. Don’t forget to like, share, and subscribe to “The Crypto Ponzi Scheme Avenger” for more exposes and updates on the latest scams in the crypto world. Let’s work together to put an end to these fraudulent schemes and protect our hard-earned money!
#NFTRwards #PonziScheme #RobertCraddock #CryptoScam #MLM #TheCryptoPonziSchemeAvenger #DannyDeHek #ScamExposed #PublicAwareness #FinancialFraud
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