Greatminds247 is a peer to peer donation network. Greatminds247.com is 2 months 3 weeks old. Great minds 247 provided the name of the registrant to be John Michael. The domain was privately registered on the 6th day of November, 2017.
The registered address is 8 Beach Cresent, Cape Town, Western Cape, 7806, Za. The registered email address is [email protected]
However, the contact displayed on their site is 8088 USA, Honey block,
New York City. The phone number displayed their is +09187 8088 9436. GreatMinds-247.com is an illegal company because its business model is a combination of two illegal schemes, Ponzi and Pyramid schemes, commonly known as a cash gifting scheme.
Is GreatMinds247 A Scam ?
On whether greatminds247 is a scam or legit website, this is the analysis. Greatminds247 pays you a ROI for your investment. Have you asked yourself how they make the money they pay you ..?? They make the money they pay you from new members so once there are no new members to register … the ROI drys up and the scheme ends. This is how a Ponzi Scheme operates. Greatmind247.com is a Ponzi scheme.
Again the addresses and contacts they provided are very shaky and checking below the site, you will find out that some of the Languages there is not English. This shows that the admins of the website did not take their time to even build the site to test.
According to the website, For any quieries except for ACTIVATION and UNBLOCKING please write straight to [email protected]
Greatminds247 is still online and some South Africans are giving positive reviews on Facebook about this platform.
Don’t forget to report any suspicious online scam or fake website to us via [email protected]
The recent update from greatminds247 comes thus : “Dear honourable members, We have heard your plea and we are happy to announce that very soon new PH will pay keepers. The withdrawals will be paid by keepers because we do not want reallocations anymore. This is the only way to avoid reallocations. Orders will come out within 24 hours to avoid people waiting too long for their orders. Thank you for making Greaminds247 what it is today!!!.”