Mining Max Officially Gets Shut Down

Mining Max ReviewHas someone approached you lately about joining Mining Max?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Mining Max.

I simply wanted to gather all the details here for you in my Mining Max Review so you can make an informed decision.

Is Mining Max truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Mining Max.

Let’s get going!

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What The Heck Is Mining Max?

Back in June of this year, a Ponzi scheme by the name of Mining Max hit the scene.

Mini Max focused on the niche of cryptocurrency like so many other schemes have been doing lately, and those that chose to invest $3200 were told they could get an ROI for year years that was funded by mining of ethereum.

A lot of folks bought into this setup, but unsurprisingly, Mining Max offer was based on a giant pile of lies.

Authorities in Korea conducted an investigation into Mining Max, and after doing so, discovered that Mining Max had “developed software that could trick investors into believing virtual currency was being mind even if none was.”

Obviously, this was not a good discovery.

More than 75 billion won had been invested into mining rigs by Mining Max, but the output that the company was produced didn’t come close to the ROIs owed to its many affiliates.

Mining Max members started to make claims of not being paid just a month after the company launched, and as more and more of these complaints started to crop up, management for Mining Max mysteriously disappeared.

Once again, Korean authorities started looking into the company.

As this investigation continued, it eventually saw twenty executives for Mining Max being arrested.

Mining Max scam

These arrests took place early last week, and one of the most notable arrests includes Korean singer Park Jung-woon that was a big in Korea during the 1990s.

Along with this, the investigation also revealed that Mining Max had being doing business out of an office in Los Angeles, California in the United States in addition to its presence in South Korea.

Investor losses with Mining Max are now at a total of around 270 billion won, and that comes out to $250.6 million USD.

That number comes from investments of over 18,000 different affiliates, and at the time of publishing this article, it’s being reported that executives for Mining Max had laundered 100 billion won out of South Korea ($92.8 million USD).

Mining Max is known to have a big presence in the United Stats considering that 70% of its site traffic comes from the US, but we’ve still yet to see any arrests made over there.

Then again, considering how quickly South Korea is cracking down on the company, I don’t imagine it’ll be too long before that happens.

 

Is Mining Max A Scam?

If you’ve come across a review that says Mining Max is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Mining Max? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About Mining Max?

 

I hope that you are able to use my research in my Mining Max Review to make a decision.

If you do decide to become an affiliate with Mining Max, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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