In one table or one group of 15 people, a total of P525,000 is needed in order for the first person to exit with P180,000. This means that the first person makes P145,000 ROI while the other 14 people loses P35,000 each. Emgoldex on the other hand makes P345,000 for every exit.
“Victims are ashamed to reveal how much they lost so they prefer posting their problems on social media and scam forumsâ€, an employee from SEC who refused to identify himself told TPP.
“I was told that I was going to receive gold after I put P35,000 without telling me that I had to recruit. It’s been 6 months and I receive nothing. I don’t know what to do to get my money backâ€, Jonas Garriel, a factory worker in Taiwan said.
“All six of us in our dormitory invested last September 2014. Until now, our up-line told us that our group is not moving so we asked to get our money back. Since then, our up-line, who already exited the table keep on ignoring usâ€, Jocelyn Pitogo, another factory worker in Taiwan said.
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