The domain coingeneration.com expired yesterday September 17th 2014, the fraud owner will have 30 days to renew it and start new scam, or will be auctioned or owned by the domain registrar with advertisements on it.
dgstocks.com or dgstock.com the one that tied to the scam coingeneration.com has been offline for a while. While the btc-o-matic.com derive from scam coingeneration.com is still up trying to scam more people on investing bitcoin to insall fake atm machine. It’s funny on how smart intelligent the scammer is, posting an Bitcoin ATM machine that resemble another manufacturer ATM machine bank, and took picture with nobody in the picture an unknown, undisclosed location even though they gave us a location and invited us to visit. btc-o-matic.com wondering how many people already fell victims already giving them bitcoin ivnestment for fake bitcoin atm machine.
Now back to btcnews.com, this website appears to be informative about bitcoin, however one of it writer journalist or blogger, or even the owner him/herself posted a post in regard to btc-o-matic.com ATM machine was a bad idea. This makes many readers know about coingeneration.com knowing that it’s a scam and btcnews.com written about btc-o-matic.com without realizing it’s a scam, or realized it’s a scam but take a risk. Many people aren’t stupid as this smart intelligent individual whom scammed hundreds thousand dollars from people all over the world on coingeneration.com and got away with it link back to btc-o-matic.com and newsbtc.com might know something about this and one of the author writer at btcnews.com could have something to do with coingeneration.com scam.
Up to today, not sure if anyone really reported to the authority on coingeneration.com scam fraud online hundreds thousands dollars estimated to be loss by many all over the world. The merchants whom accepted money for coingeneration.com should be held accountable also, the website hosting, and domain registrar should also held accountable, so depend on how much people loss, some may or may not reported to the authority of the FTC.gov.
Last but not least, many indicate cointellect.com might be the same operators from the scam coingeneration.com coinbeez, ipuservices.com, all have same concept of scamming, posting professional news stories, news releases, big promises but failure to deliver after making excuses after excuses and manipulating members to gives out their credit card #, personal information like driver license ID, passport to steal the identity of the members to use it on new scam. They remain anonymous until the authority being notified and start investigation, most likely will not happen because we don’t know if anyone reported them to the fraud authority like ftc.gov