The Turbo “foreign exchange bot” funding scheme has collapsed.
Following months of non-payment, Turbo has introduced a $10,000 “non-public membership” reboot.
Turbo’s reboot sees it pull a KYC exit-scam on present buyers.
Ship KYC paperwork (in case you are inviting, you may be the primary particular person answerable for checking that the particular person can verify authorized tickets).
After that, a $200 annual price is payable, plus a minimal $10,000 funding.
Who precisely Turbo’s reboot is aimed toward is unclear. Definitely no one who misplaced cash within the unique rip-off (nearly all of buyers), goes so as to add one other $10,200 to their losses.
And regardless of Turbo’s unique bot blowing up (learn: proprietor David Merino stole everybody’s cash), Turbo is once more going with a buying and selling bot ruse.
In researching for this text I went in search of an replace on what Merino is as much as. Seems he’s busy gaslighting his victims on FaceBook:
No thought if these images are outdated, unrelated, selective funds or what the story is – however Turbo disabled investor withdrawals again in February.
The final submit on Turbo’s official Instagram web page is dated February twenty eighth, 2023.
Naturally there’s no point out of Turbo’s KYC exit-scam or new $10,000 “non-public membership” reboot on Merino’s socials.
As of Could 2023, SimilarWeb tracked simply ~3400 visits to Turbo’s web site. Contemplating Turbo pitched a ten% to 17% month-to-month ROI, one can solely marvel why visitors tanked.
