The motive of the scam is to gain your trust and eventually blindly follow their advice, which has ended up being to invest in a brand new token on a completely unregulated platform, that they own.
They have issued assurances that the QOC platform is regulated and licensed and THEY sent out this link that they state a company with a similar name is on
https://www.fincen.gov/msb-state-selector
This is just a registry. No form of license or regulation.
It even says in the third paragraph :-
Fraudsters are attempting to steal money by claiming to be an MSB “approved” or “endorsed” by FinCEN. These criminals mislead people by telling them it is safe to send funds to or invest in a business, simply because it is listed on FinCEN’s MSB Registrant Search website. FinCEN does not approve or endorse any business that has registered as an MSB. Any such claim and similar claims are false and may be part of a scam.
To be clear, that is cut and pasted OK.
The platform needs to be MTL approved on a state by state basis to be regulated.
I hadn’t realised until I got involved how widespread it is. It’s the principal of pump and dump or a Ponzi scheme. Maybe there is no such thing but search it up yourself. We are talking multiple WhatsApp groups across Europe, not a handful of people on a single WhatsApp. They state they have 40k participants, similar to the 32k Telegram subscribers they have. So even if we just invested 5k each, that is going to move a medium cap stock price.
The whole idea of the thread was to voice concerns and many people have done that and hopefully we have saved a few people from losing their money.
However, in true British style (and I do agree we should all be heard)this all may be wrong and it’s a great opportunity. Make you own mind up. I’ve been in it from the start and my only caveat would be, don’t put any of your own money onto their platform, unless you are prepared to lose it all. Of course, if you feel this all seems unbalanced, then fill your boots 🙂