Donations2018.co.za Review – How it works, Login, Register, Scam

Donations2018.co.za Review – How it works, Login, Register, Scam

Donations 2018 is aiming at helping others. The domain was privately registered on the 21st day of November, 2017. There is no information about who owns of manages the website of stokvel. Stokvel is a word used mostly by South Africans for peer to peer funding groups. Its IP Location is Gauteng – Johannesburg South Africa.

A warning on their website reads ” There are no guarantees and promises! Neither explicit nor implicit.

There are neither investments nor business! Participants help each other, sending each other money directly and without intermediaries. That’s all! There’s nothing more.

There are no securities transactions, no relationship with the professional participants of the securities market; you do not acquire any securities. (Do you need them? :-))

There are no rules. In principle! The only rule is no rules. At all! Even if you follow all of the instructions, you still may “lose”. “Win” might not be paid. Without any reasons or explanations.

And in general, you can lose all your money. Always remember about this and participate only with spare money. Or do not participate at all! Amen.”

A notable thing about their so called Customer support is that it is always offline.

On HOW IT WORKS, the website wrote :

Donations 2018 is a peer to peer 15 days 50% donation exchange

1.Minimum : R500

2.Maximum : R3000

3.Click Join and register

4.Check your Inbox or Spam for a reply with your password

5.Log in

6.Provide help

7.wait 15 days

8. Ask for help

“Thats All”

The good thing about this website is that the owners or the admins did not deny that it is a Ponzi scheme. A ponzi scheme pays old members or affiliates with money invested by new affiliates. However once there are no longer new affiliates, the scheme shuts down and some people’s money will be trapped. In a Ponzi scheme, somebody must loose for somebody to gain.

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Use the Live Chat Box herein or the comment box to testify about the good and bad side of this platform. You can also send an email to Testboo.com@gmail.com to report anything.

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