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01 Aug,2017
News of Investellect
Hello Dear Investors and Guests,
Today we have a really great news!

The proposal to scale the Bitcoin UASF network (BIP 148 - user-activated soft fork) was successfully activated on the night of Tuesday, August 1, at block 478484. At the same time, the price of Bitcoin, having sta...
30 Jul,2017
News of Investellect
Hello Dear Investors and Guests,
We are 865 days online already and happy to share some updates for you.
As you know the SegWit updates of Bitcoin network are coming. I would like to notice that BIP 91 of Bitcoin protocol has been activated that it will make the network more powerful
27 Jul,2017
News of Endlessror Global LLC
Dear visitors of the website! We have recently introduced a new Chat widget feature we hope you will find useful.
27 Jul,2017
News of Coin Art Fusion
Dear Member and Investors,
Our "COIN ART FUSION INVESTMENT LIMITED" is UK Gov. Register Investment company EV SSL Certified. Only launch time 3 days Now Total deposit $8500 plus.
27 Jul,2017
News of SafeInvltd
Safeinvltd Team would like to thank you and trust us during all these 200 days online. Thank you to invest with us, our mission is to make your investment profitable. Let's go to another 200 days and more.
LATEST SCAMs
Article
Doubler 
Published 2009/4/10
Article Rated: 7.00
3.9 star rating (45 votes)
A doubler works very simply, when a member joins they pay a fee and after a certain amount more members join they are paid back double what they paid to join. They are also paid commissions for everyone they refer who joins.

Members can purchase more positions in the line from the memberís area, and can also set their account to re-enter the line automatically when they cycle, or not re-enter. If they enter, the amount will be deducted from their total balance.

Members can top up their balance at any time using Paypal. Itís fully automated, so the admin doesnít have to worry about manually confirming payments. Members can also earn extra money by referring people. For everyone they refer, they will be paid a commission, which you also set.

The modern Internet Marketer may well be familiar with the doubler programs and how they operate. Usually this runs along the lines of Join a program early and withdraw yours funds before program collapses, effectively using doublers as a form of gambling.


Putting aside the obvious financial risks of such an approach, this view selfishly ignores the large number of people who will lose their investment from the program.

When a doubler program collapses, everyone who invested last loses their investment. In some cases this can affect hundreds or even thousands of people. Sadly, many of these will assume that it was the individual program, rather than the concept, that was to blame and will try again with a new program.



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