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bitcoin MLM FUNDMYCAUSE.net legit or scam?

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Drive2Riches

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There is a bitcoin "gifting" scheme going on called Fund My Cause.

Has anyone heard of this?

My son dropped US$100 into it, and I'm hoping he'll learn his lesson before too much time goes by. When he was younger, his big brother was a Vemma rep while it lasted. So I guess he thinks it's his big opportunity now.

There is NO information on the website www.fundmycause.net about founders, but a quick search led me to a guy named Watts from Belgium who will likely be the beneficiary when it all folds.

What is it? How bad/good is it?

How does it work?

Does anyone have any experience with this?

Does anyone have any direct and personal information about it?

~
 

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MJ DeMarco

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Drive2Riches

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My son dropped US$100 into it, and I'm hoping he'll learn his lesson before too much time goes by.

Everything points to ponzi scheme. But he said "but Dad it's not." (He's 18yo)

I didn't know he "invested" before he told me he gave $100 to a buddy who's making $1k per month right now -- or so he heard.

I know I can help him after he stops chasing this mirage.

If I make any headway "talking him down" I'll post my progress.
 

mws87

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Everything points to ponzi scheme. But he said "but Dad it's not." (He's 18yo)

I didn't know he "invested" before he told me he gave $100 to a buddy who's making $1k per month right now -- or so he heard.

I know I can help him after he stops chasing this mirage.

If I make any headway "talking him down" I'll post my progress.
Ask him if his buddy showed him a (legitimate) bank statement.
 

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