The Turbo “foreign exchange bot” funding scheme has collapsed.
Following months of non-payment, Turbo has introduced a $10,000 “personal membership” reboot.
Turbo’s reboot sees it pull a KYC exit-scam on present traders.
Ship KYC paperwork (if you’re inviting, you’ll be the primary individual accountable for checking that the individual can affirm authorized tickets).
After that, a $200 annual payment is payable, plus a minimal $10,000 funding.
Who precisely Turbo’s reboot is aimed toward is unclear. Actually no one who misplaced cash within the unique rip-off (nearly all of traders), goes so as to add one other $10,200 to their losses.
And regardless of Turbo’s unique bot blowing up (learn: proprietor David Merino stole everybody’s cash), Turbo is once more going with a buying and selling bot ruse.
In researching for this text I went on the lookout for an replace on what Merino is as much as. Seems he’s busy gaslighting his victims on FaceBook:
No thought if these photographs are previous, unrelated, selective funds or what the story is – however Turbo disabled investor withdrawals again in February.
The final put up on Turbo’s official Instagram web page is dated February twenty eighth, 2023.
Naturally there’s no point out of Turbo’s KYC exit-scam or new $10,000 “personal membership” reboot on Merino’s socials.
As of Might 2023, SimilarWeb tracked simply ~3400 visits to Turbo’s web site. Contemplating Turbo pitched a ten% to 17% month-to-month ROI, one can solely surprise why site visitors tanked.
