5dollargem Reviews & Complaints
WANTED DEAD OR ALIVE BY INTERPOL
Reported By: Dr.paul
Joseph Chacko Alias chacko Joseph is a MULTI LEVEL MARKETING scammer nick named Joshy is wanted by Interpol one of the main mastermind of speak Asia India,Qbule,5dollargem ,online sensor A “cheating case filed against Josh Chacko (Joseph chacko)in Delhi District court CC No.1265/1/2008”
Joshy Chacko, Alice Joshy(his Wife) and Joby Chacko (his brother) started one more Ponzi scheme company called “Qbule”. Qbule was a Ponzi scheme launched in early 2014, modeled on the Speak Asia survey-based Ponzi scheme. Speak Asia was shut down by Indian regulators in mid 2011, Qbule meanwhile had collapsed by the end of 2014. Both schemes operated out of India and primarily targeted Indian investors. The scheme had taken in about $93 million US — though some $45 million US of the total was paid back to early participants in the scheme.
Business & Finances www.5dollargem.com and www.onlinesensor.com 2 new ponzi scam schemes from joshy chacko alias joseph chacko
5dollargem.com / www.5dollargem.com and www.onlinesensor.com 2 new ponzi scam schemes from joshy chacko alias joseph chacko
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Mumbai, India
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5dollargem.com
Joshy Chacko, Alice Joshy(his Wife) and Joby Chacko (his brother) started one more Ponzi scheme company called “Qbule”. Qbule was a Ponzi scheme launched in early 2014, modeled on the Speak Asia survey-based Ponzi scheme. Speak Asia was shut down by Indian regulators in mid 2011, Qbule meanwhile had collapsed by the end of 2014. Both schemes operated out of India and primarily targeted Indian investors. The scheme had taken in about $93 million US — though some $45 million US of the total was paid back to early participants in the scheme.
Again Joshy Chacko and Team started new more Ponzi scheme company called Orbit9x. Orbit9x, which claimed to be an affiliated wing of Orbit Media Studio, had been collecting money from investors as the subscription fee of a magazine. They collect investments to the tune of Rs 3, 000, Rs 9, 000, Rs 29, 000 and Rs 49, 000. To those who pay Rs 3, 000, an e-magazine will be sent for 52 weeks. The subscribers were asked 15 questions every week based on the advertisements appearing in the e-magazine. Those who give correct answer for all questions were offered Rs 180 as monthly incentive. According to police, the accused persons siphoned off over $160, 000 from persons in Kerala. Following this offer, over 350, 000 investors in India had been working to add subscribers for the e-magazine, said the officials, adding that many of the investors were not yet aware of the cheating. The company duped over 16 Million investors. The amount of scam went up to Rs 1, 865 Crore or $298, 400, 000. A number of cases had been registered in different states.
At present Joshy Chacko alias Joseph Chacko and his team came up with 2 new Ponzi Schemes www.5dollargem.com and https://onlinesensor.com/ .
www.5dollargem.com and https://onlinesensor.com/ is a pure multilevel double pyramid system and that all claims of crowd funding is a gimmick this program Developer had created this program www.5dollargem.com and had started the business in the north of Indian marketing it through his ever faithful group of assailants for the past one year and when he couldn’t maximize market penetration with 5Dolllargem they created www.onlinesensor.com as a backup or cover up to trick the people that it was actually crowd funding.
When for a fact 5dollargem.com it is not and is 100% PYRAMID SCAM SYSTEM OF MLM MULTI LEVEL MARKETING WITH A SUPER HYBREED TWIN BINARY SYSTEM MARKETING PLAN OF ONE PERSON SPONSORING FOUR AND FROM THE FOUR HE BENEFITS THEIR TOTAL INVESTMENT AND BENEFITS FROM A 4×4 ..7 LEVEL ROLL UP BINARY SYSTEM MARKETING PLAN (7 level pay up system) (twin pyramid system pyramid pay up system from bottom pyramid roll up or pay up system that will only pay the recruiter from a team of never ending network by sponsoring new investors whose investment will go on a roll up system ) and when an person cannot recruit 4 people company happily forfeits money and this is also by the thousands .
The person behind the fraud scam scheme is Joshy Chacko alias Joseph Chacko originally known as Joshy Chacko an Indian citizen from the state of Kerala who has been a long time scammer wanted by Mumbai and Delhi Indian police in India for fraud and cheating of programs like Speak Asia, Qbule, Orbit9x, Roxa Infotek & Adlooks also was an assailant of Ram pal or better known as (Tiger )Speak Asia scammer. Joseph Chacko is a wanted scammer in India, Bangladesh and many Asian countries.
Joseph tactic is to get in contact with one person of any country then convince the person by offering and giving him big money, luxury and laptops and paying for all travels and without that person realizing he is making that person the escape goat that will lure the innocent people to depart with their money and when the right time comes JOSEPH WILL disappear leaving the innocent person to face it all .
He convinces everyone with his innocent look and humble like character he even convinces financial institution for bank accounts that he used and uses to transfer and transact all monies FROM THIS FRADUALENT SCEMES OF HIS .
This is to inform and make aware the public of this scammer and his Fraud programs
