Navigation: BGW home - What are Legitimate crypto investment profits per year? - How to report a suspected scam

To whom it may concern,

[updated: 5/4/26 @8:25pm]

   -- It's a Verified Scam.  I asked Google AI specifically point blank.  // Buyers and sellers beware!!

    [By the way, I hope to add more pages/content to this website that may help minimize the rampant theft in the works as time allows.  And will jot a note here when done.  I may put a what's new page.]

If you want to talk to a financial expert re: this or other possible scams you can call:  (We all need the experts)...

     Hawaii Securities - Fraud Hotline - 877-hi-scams (1-877-44-72267)

    -- I called and they verified BG Wealthsharing and DSJ Exchange affilliated with it are a known scam. 

    They gave me 2 website addresses, one from the state government to learn more (including press releases) and the other for people to formally file a complaint...    https://portal.ehawaii.gov and https://www.ic3.gov 

(Google) ARTIFICIAL INTELLIGENCE RESULTS FOR POINTED QUESTIONS...

1. Q: What are the website(s) / Social media pages for BG Wealth Sharing?  Is it a scam? -- Bottom line: it is a known scam that has used several websites.  They may add/multiply many more to try not to get caught or shut down.  Including crypto-wallets or possibly apps.  Click the link above to see details.
   
   

2. Q: How much profit can legitimately be earned per year with crypto-currencies and such (%)   -- Bottom line: not nearly as much as is touted by this investment scheme (which will collapse).  (real returns 3-28% (or to 50+% per year max but with very high risk for that.))  For summary table click here.
   
   (My bottom line: Cryptocurrency can't really Double ea 2 mo or so time.  It is just illusionist hand-waving using a buzzword to make things look vaguely plausible that there is a real investment basis consistently paying off that much.  I firmly believe that is just a facade and bait - to draw and lock people in, and get them recruiting others, most of whom will lose everything when the house of cards collapses.  When perpetrators and website accesses to funds disappear with the mass of money put and kept in by many people trying to get rich quick.)
   
   

3.  Q: "What is a get rich quick scheme and what are the drawbacks of it?"     (-- See last section of this email below for a trimmed AI response to that)

More...

• • Q: What are Ponzi schemes and pyramid schemes and how are they related? Are they always or almost always scams?

  • Bottom line: "Ponzi and pyramid schemes are both forms of investment fraud that rely on a continuous flow of money from new participants to pay "returns" to earlier ones. While they are often confused, they differ in how they operate and how participants are involved." (click the above link to show how they operate.  And how to identify them.)

• More possibly if / as time allows...

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AI Q/A: "What is a get rich quick scheme and what are the drawbacks of it?"

                            (Original AI response for that here).   (trimmed copy-paste of that below...)

      (Some content removed due to irrelevance for now...)

A get-rich-quick scheme is a plan or purported business opportunity that promises unusually high profits or rapid wealth with very little investment, effort, or risk. These schemes often use deceptive tactics to lure in individuals, particularly those in financial distress, by dangling the "carrot" of easy money. 

Common Examples

• Ponzi Schemes: Using money from new investors to pay supposed returns to earlier investors, often promoted as high-return, low-risk opportunities. 

• Pyramid Schemes / MLMs: Structures where participants primarily earn money by recruiting others rather than selling a legitimate product. 

• Work-at-Home Scams: Offers for high-paying, low-skill remote work that require an upfront fee for equipment or "secret" manuals. 

• Cryptocurrency "Pump and Dump": Using social media hype to artificially inflate a coin's price before the founders sell off their shares, leaving others with worthless assets. 

Major Drawbacks

• High Risk of Total Loss: Most participants lose their entire investment once the scheme inevitably collapses or the promoters vanish. 

• Questionable Legality: Many of these schemes, like Ponzi or pyramid structures, are illegal and can lead to legal consequences for participants.

• Damage to Personal Reputation: In recruitment-based schemes, individuals often pressure friends and family to join, which can permanently damage personal relationships. 

• Identity Theft: Some schemes are fronts to obtain sensitive personal and banking information for fraudulent use. 

• Unsustainability: These plans lack a viable business model and rely purely on the constant influx of new victims to survive. 

How to Spot One

Regulatory bodies like the Federal Trade Commission (FTC) and Investor.gov warn of several red flags: 

• Guaranteed high returns with little to no risk.

• High-pressure sales tactics that create a false sense of urgency.

• Vague explanations of how money is actually generated.

• Requests for upfront payments to "unlock" the opportunity. 

AI responses may include mistakes. For financial advice, consult a professional. 

  I personally know of two: My current and my past investment advisors (now in separate companies.)

AI Advice:  What should you do next? If you have already shared financial details with a suspicious entity, your first step should be contacting your bank or credit card issuer immediately to freeze your accounts. 

How to Report a Suspected Scam

• • Reporting helps law enforcement build cases and prevents others from being targeted.

  • Why Report Fraud? If you think you see a scam, talk with someone. Your story could help someone avoid that scam. Then report it..

• How to Report a Suspected Scam
  Reporting helps law enforcement build cases and prevents others from being targeted.

  In the United States:

• FTC: Report scams or bad business practices at ReportFraud.ftc.gov.

• FBI: Submit a complaint to the Internet Crime Complaint Center at IC3.gov for online-related fraud.

• SEC: For investment-specific fraud, use the SEC Tips/Complaints form.

• Please let me know what you think after looking.  We can discuss things if you like.

Aloha and God bless!