Carnelian12 is a crypto investment platform that claims a daily return of 12% on your investments, such as earning $12 daily on a $1,000 investment for 12 business days. It also offers an affiliate program with extra pushes and daily bonuses. While Carnelian12 promises high returns and quick payouts, many people doubt if it’s actually legitimate.
Is Carnelian12 Legit?
People were attracted to these bold claims, hoping to grow their investments quickly. But here are several Red Flags.
Lack of Transparency
Carnelian12 is like other platforms such as Quopi and Henbbo. The domain was registered in October 2022, according to WHOIS. The founder and CEO are unknown, but the tech team is led by Andreas Garcia & Co. The company is based in Hong Kong. Carnelian12 doesn’t provide verifiable information about its business operations, regulatory status, or the people behind it.
Pyramid Scheme
Carnelian 12 has people invest in cryptocurrency through a multi-level marketing setup. Users make money by getting others to invest and earning commissions. But, it’s important to be cautious because most people who join these schemes lose money. Usually, small groups at the top make significant profits, often by collecting money from those lower down.
Baseless claims
The claim of a 12% daily return is doubtful and likely a warning sign. Such high returns are unusual and unrealistic. Carnelian12 claims it can give a 144% return in 12 days. It wouldn’t need your money if it could make 144% every 12 days. The only money coming into Carnelian12 is from new investors, using new investments to pay 144% returns every 12 days makes Carnelian12 a scam.
User Review
Many users lost money on Carnelian12, which indicated t a possible fraud. According to them, it promises big earnings but rarely delivers. Clients realize it’s a fraud when they can’t withdraw funds or face obstacles.
Carnelian12 scam Reddit
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Carnelian12 Review
Our Opinion
Carnelian12 claims high returns and quick payouts, such as earning $12 daily on a $1,000 investment. But it is a scam. Don’t invest in it—it’s risky. If you already invested, tell the authorities. Report the wallet used for transactions to scam support services. Stay alert and avoid dealing with this.
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