In simple terms, the those who were victims believed that if made payments to NBA2king Calvin a cash sum, Rack would pay them back with high interest rates. Raangee would get a 25% cut as part of a recruitment fee. "He [Rack] usually provides a receipt for what is owed to us, and the funds arrive in 7-14 business days due to his security measures at the bank," the FAQ document claims.
"Most banks need five business days to transfer funds, however Rack's bank is slower." Initial individuals we spoke to claimed that they had received payments from Rack. Then, communications were cut off. Many victims claim that they didn't receive money at all from Rack. When they reached out about their money, the scammers would create excuses or just ignore their concerns.
"We were supposed to get the money but it didn't happen. We waited like a month and he would bring numerous excuses, such as his PayPal is blocked, and so on to buy the time" an additional alleged victim said to P.TV.
A 20-year-old from Australia claims that the loss of $5,000 and has made a cybercrime complaint. He also sent photos of the exchange between him and Raangee to P.TV. The video clip shows Raangee persuading the victim to invest $5,000 and promising him a payout of $2,500. Raangee tells the victim "Ofc" to any person. "But I'm at the stage where I'm used to it and comprehend the fears of newbies."
"I know of at least 20-30 people," a fourth victim aged 20 years old, told P.TV. "I am estimating that Rack has a debt of Buy 2K MT Xbox at least $300,000. (And this is just the cases I know). Many of my friends have been victims." Numerous victims have shared similar stories. All of them claimed that Rack utilized issues with his bank account as well as PayPal account in order to avoid paying.
The Wall