Harald Seiz founded Karatbars in 2011, but all related companies have failed and every aggrieved party should secure a refund of their investment. This company construction is a true chameleon, new idea results in a new company. About credit cards with integrated gold threads, fake purchases of gold mines in Madagascar, alleged bank purchases in the USA, the KaratBank Coin without a trading platform or physical gold as security for deposits. Nothing worked.
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GSPartners victims: BE Conflict Management Inc. is assisting with the collection of claims in cooperation with US authorities
!This notice is intended only for persons outside the United States and Canada! Among other things, it concerns GSB Gold Standard, Karatbars International, G999, the G999 blockchain and the virtual platform ‘Lydian World’ – to name just the most important. BE Conflict Management Inc., a company registered in Florida, is taking over the claims of […]
Note for victims: How to effectively enforce your rights!
Those who have been harmed by an MLM system are often stunned, disappointed and angry when they realise that the promises made by the company have not been kept. The suspicion of having become a victim of a so-called SCAM is confirmed. The advice often heard in the community is not even to try to […]
Christmas and New Year 2024/2025
Because everyone is doing it – the bandwagon effect
It is a widespread human behaviour: we often follow the lead of others because we assume that the majority cannot be wrong. However, it is precisely this phenomenon that is deliberately exploited in cases of MLM (multi-level marketing) fraud. Many victims report that they allowed themselves to be infected by the euphoria of others. The […]
Why we believe that bad things only happen to others: the optimism bias
People believe that bad things happen less to them than to others. They are therefore too optimistic – even when there is actually no good reason for it. In the case of fraudulent MLM schemes, it works like this: A trusting investor thinks: ‘The cases of fraud I hear about may happen to others, but […]
Confirmation bias: why we always want to be right – the confirmation bias
As the second Sunday of Advent approaches, we would like to shed some light on a topic that encourages people to critically question their own behaviour. If you have invested in systems such as Lyoness, Lyconet, myWorld, HyperVerse, GSPartner, Karatbars, Safir, Zeniq, Xera, XeraPro or XPro, the following Advent posts may encourage you to reflect […]
Ponzi schemes and pyramid schemes & the cognitive biases: how our brains can trap us
On the first Sunday of Advent, we would like to shed some light on the matter – a light that might encourage people to critically question their own behaviour. If you have invested in systems such as Lyoness, Lyconet, myWorld, HyperVerse, GSPartner, Karatbars, Safir, Zeniq, Xera, XeraPro or XPro, the following Advent posts might help […]