I came across many cointellect members receiving this similar respond below. What I got out reading this respond are:
- If you dispute with your Bank or Credit card bank about Cointelelct charges. Cointellect will fight your dispute any way it can to keep your money. Cointellect will use its term of service (TOS) to take your money. This is the reason I say, most will win, some may not, depend on how you word your dispute. However at the end of the day with many dispute against Cointellect, most likely Cointellect related entities will be flagged with Banks and credit cards as fraud scam will be blocked from further transactions. You may not get your money back, but at least Cointellect being flagged as suspicious, blocked as merchant transactions.
- Notice that Cointellect said, according to their Terms of Service (TOS), they do not guaranteed of profit or the amount your will earn as shown on the table. Therefore Cointellect will use that against you if you file dispute, contact authority, hire a lawyer or whatever, in addition to email to support request refund. However notice that Cointellect didn’t even make payout, sure profit not as much let say $3 a day down to 50 cent a day, but cointellect didn’t even pay 50 cent a day.
- In conclusion, what Cointellect said using the Terms of Service (TOS) against you I think is really “bullshit”. Because, if the profit was $3 daily when bitcoin was at $350 or so, now that bitcoin dropped to even $150, the loss in percentage is 50%, so your earning of $3, should be now at $1.50 should be paying out to members, but guess what? as you know over 3 weeks, nothing was paid, how is this Cointellect TOS uses against you, I find it hard to understand, the only way to make sense of this is indeed Cointellect is Ponzi Scheme Scam.
Our Risk Warning on our Terms of Service very clearly states that earnings are not guaranteed and investment in the contracts carries with it inherent risks. You can also see on our homepage and contract purchase page a very clear disclaimer that the numbers displayed as daily earnings are only estimates and are not guaranteed.
If you do not wish to wait until we solve our payment issues, it is your prerogative to file a charge back from your issuing bank, but we cannot cancel your purchase as it was done knowingly and you accepted the terms upon purchase. You are also free to make a report for the alleged crime, but we are confident that no theft was committed because you knowingly entered into a transaction with us despite the aforementioned risk warnings.
Best Regards, CoIntellect COO
cointellect | mining done right |