Bitconnect Ltd. to be Dissolved,Transfers Ownership to the Queen.

in bitconnect •  2 years ago  (edited)

The Bitconnect ponzi scheme finally comes to an end with bitconnect ltd missing their tax deadlines due on 27th of July 2017.


image.png

Source : companieshouse.gov.uk





as of the 7th of November, the company will transfer to the crown and assets to be liquidated after 60 days.

Capture.PNG

Source: Pdf from [companieshouse.gov.uk: https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/wYGmnuGVgp6obZ3htZsVMhGcK8aZXTSlG2QBe9SXMjQ/application-pdf?AWSAccessKeyId=ASIAIQUGZD2K7HTU3G3Q&Expires=1510853788&Signature=fAjjM%2FQngP%2BPqkk3kg9g4URFInI%3D&x-amz-security-token=FQoDYXdzEHkaDE%2By44LVYQTJLm21kyK3A65i6i878A7i7ueQ7SYsm27I45LRcyUiTrfjX%2BIqlDpIZjJMf%2BaeF3j5qg3Y47eJ9jkleaVoug1WQl%2FMnzRbKflvRP5O1x8D8GXLQaimqbWMlIDDguw6OPjLPaiMGa7A6rzRt3bbR7vKAfMCD8Zb4txYMJYMIvh8Y8Lz1nPUL32XMjP0jMYE5SsGVhER6Uod76ETw%2B6ITyoZwbH0tRyqE7le6lZHXONG1HxxDndAvDf%2BfgjKmME6dZY%2B9lRGDopfsjD3EIJfSIHgyPEwvhy3glffpArfB4kABMkopdJBbqDUWjx2S73ui4DwW39voXRZaN10qJH3HEk9dVOIpIkwLFVPqQc3i%2BAEjzD4ODvasAl%2FYsHexiBezTO3WMEGqfh3G%2FFuix5KBhA76Gk41Ge4fi%2BbN955eRRYl3axNlUFidSd5AyMxtkiP8bbJW873QR4A8d3IRtukLjCW2DmurcgRughjZJPkIttGlH%2BvVqCjMTbfdTazeQOcSZJnFe45EAInnMNhLin9q%2BnCSmUCuFBupaFpoH7Z6ZFbRGfkhA1gtFN3LVbmQehJU0UA2QG0LwFEdLkgwrOx%2BEo9eK2HkaDE%2By44LVYQTJLm21kyK3A65i6i878A7i7ueQ7SYsm27I45LRcyUiTrfjX%2BIqlDpIZjJMf%2BaeF3j5qg3Y47eJ9jkleaVoug1WQl%2FMnzRbKflvRP5O1x8D8GXLQaimqbWMlIDDguw6OPjLPaiMGa7A6rzRt3bbR7vKAfMCD8Zb4txYMJYMIvh8Y8Lz1nPUL32XMjP0jMYE5SsGVhER6Uod76ETw%2B6ITyoZwbH0tRyqE7le6lZHXONG1HxxDndAvDf%2BfgjKmME6dZY%2B9lRGDopfsjD3EIJfSIHgyPEwvhy3glffpArfB4kABMkopdJBbqDUWjx2S73ui4DwW39voXRZaN10qJH3HEk9dVOIpIkwLFVPqQc3i%2BAEjzD4ODvasAl%2FYsHexiBezTO3WMEGqfh3G%2FFuix5KBhA76Gk41Ge4fi%2BbN955eRRYl3axNlUFidSd5AyMxtkiP8bbJW873QR4A8d3IRtukLjCW2DmurcgRughjZJPkIttGlH%2BvVqCjMTbfdTazeQOcSZJnFe45EAInnMNhLin9q%2BnCSmUCuFBupaFpoH7Z6ZFbRGfkhA1gtFN3LVbmQehJU0UA2QG0LwFEdLkgwrOx%2BEo9eK20AU%3D





bitconnect opened an office in Jakarta, Inodenesia on the 7th of July 2017 I would imagine to try to extend operating after not paying taxs due to in the U.K this might allow them to operate for a month or 2 but doubht any country would allow a company to operate for long with outtanding taxes in another country especailly one with an economy as big as the U.K.



Strongly advised to get money out now while you still can there were many red flags before this with 100's of users online posting details with warnings on.

One user on steemit who has done extensive research into the bitconnect ponzi scheme is @cryptick check out his posts if you are still on the fence on the legitmacy of.


Is BitConnect a Ponzi Scheme? Post#1


BitConnect SCAM: Inside the Bitconnect Trading Bot. Post 2


When Will the BitConnect Scam Implode? Post 3## BitConnect Scam: How Many People are Involved? Post 4


BitConnect Scam: Inside the Facebook Profile of a Scammer Part 5


BitConnect: The Billion Dollar Pump and Dump? Part 6


BitConnect Ponzi Eats up 7% of Mined Bitcoin Daily! Part 7

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I'm wondering if they will really have any recourse. I know in the United States and seems like the UK as well you can file entities pretty easily and it doesn't mean a lot. Like a lot of people file LLCs in the United States and never do anything with them and never file any taxes with the state or the federal governement.

·

bitconnect filed as a LTD company not a LLC partnership,
took millions of payments from users using the company as addressed in the U.K,
this is tax fraud and another long list of shady practices showing the illegitimacy of bitconnect.

·
·

Do you think the UK government will try to chase them down?

·
·
·

for millions in criminal tax evasion,yes

that escalated quickly...

You have collected your daily Power Up! This post received an upvote worth of 0.66$.
Learn how to Power Up Smart here!