The C12V2 pyramid swindle has met its demise. Concurrently with the downfall, the perpetrators initiated C12V3.
The existence of C12V2 was fleeting, emerging as a revival of the defunct Carnelian12 fraud.
The domain for the C12V2 website was set up on May 8th, with the deceitful operations kicking off soon thereafter.
Approximately on May 23rd, coinciding with the publication of TRUST’s C12V2 appraisal, the C12V2 started to stall payout processes.
Subsequently, around May 29th, C12V2 informed its clientele of its failure, attributing the disaster to the dwindling inflow of new funds.
“We observed a diminishing pattern in the influx of fresh funds from external sources beginning the second week after the platform became operational.”
It is with profound regret that we announce the cessation of all payments moving forward.”
And so we arrive at C12V3, which, maintaining consistency with its predecessors, advertises a 12% daily earnings promise.
A notable modification lies in their updated referral bonus structure, aimed at enticing more individuals to part with their money; they’ve amplified commission payouts to 12% on the first level, 3% on the second, 2% on the third, and 1% on the fourth.
In contrast, C12V2’s commission scheme was more conservative, with 5% on the primary level, 2% on the secondary, and 1% on the tertiary level.
From my perspective, I am skeptical about the effectiveness of such a change. While recruiters might garner slightly larger profits, it’s inevitable that the majority of C12V3 participants will suffer financial losses upon its predictable collapse.
The C12V3 domain (“c12v3.net”), was confidentially recorded on May 16th, 2024.
Given the 12% yield proposition and its status as the third in a series of Ponzi restarts, it’s likely that C12V3 will falter within a matter of weeks.