goldensun.io Reviews 12

Golden Sun is operating a similar Ponzi Scheme in Papua New Guinea (PNG), claiming to be affiliated with big name Hollywood Film production companies and "selling" their scam through a bogus movie review for fast easy money. They claim to also be working closely with the Bank South Pacific (BSP) however the financial regulator, the Bank of Papua New Guinea (BPNG) just recently released a notice to the public warning of "unregulated" entities operating within PNG. As they are unregulated, there is a definite risk to investors.

Another important point that needs to be mentioned is that pyramid schemes and ponzi schemes are also associated with (the proceeds of) organised crime and this poses a far greater threat to the country.

Money laundering is the process of disguising the proceeds of illegal activities as legitimate funds, making it difficult for law enforcement agencies to detect and confiscate them. Money laundering activities can have a significant impact on a country's economy and can contribute to inflation.

If you read the article posted on the blog "PNG ATTITUDE" (www_pngattitude_com/2023/02/is-golden-sun-a-scam-sure-looks-like-it_html) you'll realise that the "movie reviews" are just a front and the payment gateway is supposedly suspicious as well. In other words, the money being paid to investors is NOT coming from what's being circulated within the scheme/scam, it's coming from "somewhere else". THIS is a way of potentially filtering the proceeds of crime into the economy by spreading it through 100s of 1000s of accounts (of the investors), thus commiting the crime of "money laundering".

What are the effects of money laundering?

DISTORTS THE ECONOMY:
Money laundering can distort a country's economy by making it difficult to determine the actual size of the economy. This, in turn, can lead to incorrect economic data and inaccurate policy decisions by the government.

REDUCES GOVERNMENT REVENUE:
Money laundering can reduce the amount of tax revenue collected by the government, as the laundered funds are often hidden from tax authorities (the IRC in the case of PNG).

INCREASES INFLATION:
Money laundering can contribute to inflation by injecting large amounts of illegal money into the economy. This can increase the money supply, leading to an increase in demand for goods and services. As demand outstrips supply, prices rise, leading to inflation.

DESTABILIZES FINANCIAL INSTITUTIONS:
Money laundering can also destabilize financial institutions by introducing large amounts of illicit funds into the banking system. This can lead to a loss of confidence in the banking system, which can in turn cause bank runs and economic instability.

Overall, money laundering can have a negative impact on a country's economy and can contribute to inflation. To combat money laundering, governments and financial institutions need to work together to implement effective anti-money laundering measures and ensure that financial systems are transparent and accountable.

And you wonder why the prices of goods and services in PNG saw a conderable spike towards the back end of 2022 and into 2023? There's more to it.

Open your eyes people. If its too easy to make money, it's a scam.

All those Papua New Guineans are falling for this stupid scam. They will just rip you off. This is why people don't know how to do due diligence before investing in Ponzi schemes..

Most of the folks in PNG couldn't really understand the PONZI SCHEME. I suggest you use the data proposed for GOLDEN SUN to look up this subject. I have done my own research into this GOLDEN thingy. The LEGALLY REGISTERED company name in the House of Companies in London is GOLDEN SUN INTERNATIONAL TRADING LTD. I also found out that this company is DORMANT at the moment, meaning it didn't do any business over the imposed period. This company was also registered to a CHUNYING Li who is HONG KONG Based. The company has not listed any contact details on its website. They will sell their scam as a subscription to rate blockbuster previews for a mere 2 USD depending on the level you pay. They use your own money that you pay them to pay you back when you go for a withdrawal the first round. The second withdrawal will never come because you have to have down liners who MUST continuously recruit members so that money keeps coming in. When the down liners don't recruit or pay up their level the system collapses. I have reported this to the COMPANIES HOUSE in London. These guys will be scrambling for places to hide. Those so-called regional managers are just mere SCAMMERS. Strong advice here; DO NOT INVEST YOUR HARD-EARN MONEY IN THIS SCAM. WHEN YOU DON'T JOIN THEM, THEY WILL COLLAPSE.

Scam. Pyramid scheme.

Tyler Scott is a liar. They ghost you once they rinse you of funds.

The company has been operating in the AU/NZ/PNG regions and has been reported to the Serious Fraud Office of Australia who have said the fraudsters operate offshore with intel of their whereabouts. Only a matter of time for
These guys to be busted and brought to justice.

Convince to put as much money as I can and to borrow even more money, then final shot and after understanding I am completely empty just ignore me and then CLOSE my account! Shameless, heartless SCAMMERS, their heart doing this "job" became black. I reported on skyline- Recvery com

Scam . The company address is not even theirs. Lack of transparency behind who owns the platform. Scam

Goldensun is a very great platform that change many unemployed people around the world just by following some simple step and company rules and regulations.

Therefore i want to take this time to give a big thanks to the GOLDENSUN company to offer us this great opportunity.

This is a pyramid scheme.

SCAM SCAM SCAM

This is a scam.

Tyler Scott the Australian Manager
is a Thief.
I didn't even earn money back and he deleted my account.
Cost me $2000 USD
Don't do this.
Don't get ripped off like me.

I have invested $180 and in a week I made $100 and withdraw $50 I did received my $50 and now I am building up my profit just by preview videos its legit and have no problem.

GOLDEN SUN IS A PYRAMID SCHEME SCAM. THEY WILL GHOST YOU ONCE THEY'VE GOT ENOUGH FROM YOU.

Good marketing web site for movies industry. I really received 21USDT withdraw threshold for newbie E Level position. Not yet upgraded to regular employee D Level because not enough fund to recharge 180USDT to get upgraded. But I have already received 21USDT after 2 day task completed of my intentions.