Forsage Site Review – In today’s post, we will see about an earning site named Forsage Site, and find out whether it is real or fake. We are sure that you have questions about Forsage Site, such as what is Forsage Site?, Is Forsage website authentic or not?, Is Forsage Site fake or real?, Forsage Site safe or not?, How does Forsage Website Works? and many more others.
Please read this complete article in order to get answers of all your questions about Forsage Website.
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‘Forsage’ is Real or Fake:
If you want a true review of ‘Forsage’, we advise you to read this article completely.
Forsage Site Details:
- Website Name : Forsage
- Website : https://forsage.io/
- Founder : Information Not Found
- Language : English
On August 1, the United States Securities and Exchange Commission (SEC) said that it has charged eleven people for their roles in creating a fraudulent Ponzi scheme, raising over $300 million across the world.
The individuals charged included the 4 founders of the scheme, called Forsage.
The Securities and Exchange Commission said in its statement that the founders were last known to be residing in Indonesia, Russia, and the Republic of Georgia. The Forsage site was launched in January 2020, as per Securities and Exchange Commission’s complaint.
As per reports, it allowed millions of investors to enter into transactions via ‘smart contracts’. In its nearly 2 yearlong operation as a pyramid scheme, investors earned profits by recruiting others.
The Securities and Exchange Commission added that 2 of the defendants have agreed to settle charges, and one of them agreed to pay penalties, without denying or admitting the allegations.
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