{"id":9898,"date":"2021-03-23T23:04:03","date_gmt":"2021-03-23T22:04:03","guid":{"rendered":"https:\/\/setaffiliatebusiness.com\/?p=9898"},"modified":"2023-07-24T09:27:13","modified_gmt":"2023-07-24T07:27:13","slug":"is-forsage-a-scam","status":"publish","type":"post","link":"https:\/\/setaffiliatebusiness.com\/cz\/is-forsage-a-scam\/","title":{"rendered":"Is Forsage a Scam?"},"content":{"rendered":"

Are you looking for ways how to earn profit from cryptocurrency and Forsage seems like a good opportunity for you?<\/p>\n\n\n\n

I admit at first sight it seems like a great way to make a profit since the entire income goes right into your pocket.<\/p>\n\n\n\n

But have you noticed that Forsage works like an MLM?
Or to be precise a gifting scheme dealing with Ethereum?<\/p>\n\n\n\n

I have to be honest with you – when a person on Facebook sent me a link to join Forsage, saying that I can join and make an easy profit I was suspicious about the whole idea.<\/p>\n\n\n\n

I was thinking, does this scheme really work?<\/p>\n\n\n\n

Or, Is Forsage a scam?<\/p>\n\n\n\n

In the following review, we are going to find out who is behind the Forsage, how can you make a profit with it, and whether this is a pyramid scheme or not.<\/p>\n\n\n\n

I will share with you also a better alternative, that has worked for me.<\/p>\n\n\n\n

Disclaimer<\/strong>
Please note, that I am not a member or an affiliate of Forsage.<\/em><\/p>\n\n\n\n

This review is based on research and information available online in the public domain.
<\/em>Any recommendations and conclusions are only opinions and may not apply to all persons or situations.<\/em><\/p>\n\n\n\n

Forsage Overview<\/h2>\n\n\n\n

Jm\u00e9no: <\/strong>Forsage
Website: <\/strong>www.forsage.io
Price to Join: <\/strong>Approximately $10-$12 (0.05 Ethereum)
Recommended: <\/strong>No. It is an illegal gifting matrix pyramid scheme.<\/p>\n\n\n

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Forsage Review – A Quick Summary<\/h2>\n\n\n\n

With Forsage, you are promised the opportunity to make a couple of thousand dollars in just a few weeks.<\/p>\n\n\n\n

All you have to do is pay $10 and then recruit other people to invest the same amount, who in turn will recruit others, creating a chain.<\/p>\n\n\n\n

In essence, Forsage operates as a gifting scheme, which is not legally permissible in most countries.<\/p>\n\n\n\n

Only those at the very top of the pyramid make any profit, turning it into a pyramid scheme that involves dealing with cryptocurrency.<\/p>\n\n\n\n

Additionally, once people have invested in it, they are unable to retrieve their money.<\/p>\n\n\n\n

It is strongly advised to stay away from Forsage.<\/p>\n\n\n\n

If you’re interested in a legitimate method of making money online, consider exploring Affiliate Marketing. It’s a method I’ve been using for several years.<\/p>\n\n\n

\n\nFind Out More<\/a>\n\n<\/div>\n\n\n

<\/p>\n\n<\/div><\/div>\n\n

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Forsage – Update August 2022<\/h2>\n\n\n\n

According to SEC.gov, 11 people involved in Forsage were sued for creating a Ponzi Scheme.<\/p>\n\n\n

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\"Is<\/figure><\/div>\n\n\n

“The Securities and Exchange Commission today charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid, and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide, including in the United States<\/em>.”<\/p>\n\n\n\n

The original text is to be found at SEC.gov<\/a>:<\/p>\n\n\n\n

Read further to learn about the red flags that are common throughout many Ponzi schemes that are still out there. <\/p>\n\n<\/div><\/div>\n\n\n

What Is Forsage?<\/h2>\n\n\n\n

Forsage is a gifting scheme dealing with Ethereum(cryptocurrency).<\/p>\n\n\n\n

This is supposed to be the world’s first decentralized matrix project.
Meaning that the income goes directly to your wallet, with no risk.<\/p>\n\n\n

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\"Is<\/figure><\/div>\n\n\n

Forsage operates as an MLM model although there is no product to sell. The only way how you can earn is to ask other people to join the Forsage.<\/p>\n\n\n\n

According to the creator of the Forsage, the participant or the person who joins the Forsage has unlimited earning potential.<\/p>\n\n\n\n

There are certain requirements though:<\/p>\n\n\n\n