QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
UNKNOWN
JULY 2017
UNKNOWN
MYADVERTISINGPAYS
DESCRIPTION OF EVENTS
"My Advertising Pays (MAPs for short) is an advertising company that allows people to purchase advertising packs, or credit packs (traffic) for your business. We offer simple and effective income solutions to all."
"This Is The Easiest Money You Will Make Online! Every Single Person Makes Money In MAPS. My Advertising Pays - It Does! Don't Delay Start Earning Today"
"We’ve created a streamlined solid and secure income source in the #1 money generating market online, advertising."
"You earn money with the daily company profit shares, which refresh 72 times every day. However, to qualify for the daily profit share, you must click on 10 adverts each day."
"No gimmicks, no games, no recruiting. Just a straightforward system that pays you for viewing ads, shares our profits with you every 20 minutes and helps you (if you choose) to build your second business on auto-pilot!"
"I received an invite from someone who was the biggest promoter in a company called MyAdvertisingPays which ended up collapsing last year. It was a business that paid a set amount of % based on how many advertising packs a person owned."
"The theory was that the company made money from advertising and shared their profits back with the users however this was never really the case. There was no genuine advertising revenue, the ad revenue actually just came from people signing up to the business opportunity and viewing ads."
"Ultimately when the promoters started to slow down and banking problems arose the company collapsed."
"My Advertising Pays claim their credit card processor has frozen funds for an “undisclosed and unanticipated period of time”."
"I can easily see the same thing happening with Bitpetite and other programs like it however people will come off MUCH worse when this happens because Bitcoin and cryptocurrency is essentially untraceable!"
"For reasons that continue to be withheld from us, our credit card processor has elected to place a hold on our USD Reserve Fund, limiting our ability to transact business and greatly hindering members profit share distributions."
"Simultaneously, despite heavy pressure, our credit card processor has unilaterally elected to withhold Euro funds for undisclosed and unanticipated periods of time – sometimes upwards of six (6) months."
"Accordingly, we are forced to suspend MAP transactions, both financial and otherwise, until these credit card processing issues can effectively be brought to a close."
"Not willing to take the collapse of My Advertising Pays lying down, an affiliate is using the court in an attempt to recover over £4000 GBP in losses ($5200 USD)."
"As documented by Tara Talks, a small claims case was filed against Tony and Lynne Booth on July 25th."
"Together the Booths are believed to have received a large percentage of funds invested by My Advertising Pays affiliates."
"On August 11th it was confirmed that the Booths had responded to the lawsuit."
The MyAdvertisingPays platform supposedly ran a platform where investors were getting payouts from advertising revenue. Suffice to say, there was none. Later, they claimed that credit card processor issues had shut their service down.
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Bitpetite Scam? Full Review Exposes Truth! (Jan 22)
https://www.linkedin.com/company/myadvertisingpays-map-/about/ (Jan 25)
My Advertising Pays small claims court case filed (Jan 25)
My Advertising Pays funds seized for an "undisclosed period of time" (Jan 25)
My Advertising Pays (Jan 25)
https://www.facebook.com/The-Advert-PlatformMy-Advertising-Pays-Scam-788704724492200/ (Jan 26)
My Advertising Pays affiliates not paid for over a week (Jan 26)
https://www.crunchbase.com/organization/myadvertisingpays (Jan 26)
https://www.facebook.com/MyAdvertisngPays/ (Jan 26)
Myadvertisingpays (@Myadvertspay) | Twitter (Jan 26)
MyAdvertisingPays: SignUp (Jan 26)
MyAdvertisingPays - Overview, Competitors, And Employees | Ampliz.com (Jan 26)
MyAdvertisingPays Reviews - 1 Review of Myadvertisingpays.com | Sitejabber (Jan 26)
