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Wednesday, May 10, 2023

Moonfootball App fraud; Beware

 

In a previous article, we discussed the GV Football Scam, which lured people into investing in a fraudulent football scheme. Unfortunately, there is yet another similar scam happening under the guise of an app called Moonfootball. Despite knowing the risks, people are investing small amounts ranging from Rs. 1000 to Rs. 5000 in the hopes of earning millions if the scheme lasts for a year. However, as we have seen with GV Football, these scams eventually run away with people's money.

 

Moonfootball follows a similar pattern of paying out initially for several months to build trust before ultimately trapping investors. This scam is widespread in the market and has already defrauded many people of crores of rupees. It is important to be cautious and avoid falling victim to such fraudulent schemes.:-

 


MOONFOOTBALL APP MODUS OPERANDI:

MOONFOOTBALL is an app that facilitates betting on football matches happening globally. To use the app, individuals open an account and can receive a bonus of Rs. 100 if they invest around Rs. 1000 and use a referral ID to add funds to their account. The person who referred them will also receive Rs. 120.

 

Now every morning at 10:30 AM you will get a match on which you have to bet on odds mentioned in the screenshot and percentage return is mentioned on this match. Screenshots are like that:-

 


 

Once you have added funds to your MOONFOOTBALL account, you can place your entire investment on a single football match. The match typically takes place between 1:30 PM to 7:30 PM, and you don't need to watch it as the outcome has no bearing on the returns. The returns are usually delivered via a message around 8:30 PM to 9:30 PM, and they typically range from 3.1% to 3.8% daily. This suggests that the app is fraudulent since the returns are fixed and not dependent on the actual outcome of the match.

 


Now you will have to build the team to get the maximum returns as you will get returns from subordinate earnings as below:-

 


 

The mentioned earnings will be credited into your account on every Tuesday.

Now apart from above there are Super Earnings for each VIP TIER level

 Now see the bottom of this image, which states that if you maintain balance of Rs.45000 then you will get 3% earnings on daily matches.

Now see the VIP earnings where it is mentioned that if you maintain a balance of Rs.45000 then you will get 0.20% as daily earnings i.e. Rs.90 per day i.e. monthly returns of 6%. Now you can see that you will become superrich in spam of just 6 months if you built of team of more than 100 people.

 

Now you can see how bigger that scam is, if their subscriber base will be more than 10 million and everyone maintain at least Rs.5000 in their accounts then they will run away with more than Rs.5000 crores. Therefore, do not become a fool and do not lose your hard-earned money as they are clear scammers and they play with innocent people’s money.

 

Some people even deployed their whole earnings by thinking that this will change their fortune forever. Please understood that no will give you free money and returns above 8-12% are not justifiable so avoid them and guide others not to fall in the trap.

 

Even government is not doing anything to stop such frauds, government will become active only when they run away with people money.

 

Tax Demand by GVFOOTBALL:-

·         Now at the end GVFOOTBALL start demanding taxes are required to be paid by each app user for getting the required withdrawal. Now people started depositing amount to get the withdrawal. They demanded amount as taxes even without collecting their PAN numbers, which shows that they are only getting as much as amount from people then ran away. They even paid few people initially only which have smaller withdrawals to gain the confidence that GVFOOTBALL is paying the amount so lets deposit the tax amount. But people never get their money back.

 


Now this similarly happen with MOONFOOTBALL,  So never ever invest your hard earned money into such fake apps. They will consume your all earnings as well as your peace of mind.

 

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