Commented on spiral's review
Nov 24, 2010 09:17 AM
Raul2000, we must commend Spiral for admitting that there is a problem in the system. He may not accept that this is a pyramid but at least he is honest enough to accept that there are problems which means he is not a rogue who sets out with the intention to deceive. The real rogues are the ones in ...HK who designed the scheme, people like Spiral are being used as part of their scheme.
Spiral, I agree with what you say in this review. The problem with these schemes is not that nobody makes money: some people do. Unfortunately the structure of the scheme is such that the great majority of people will lose.
Unless ever more people keep joining the buck stops somewhere and it is impossible to expect ever more people to keep joining. It is about 4 years since you wrote this review so the subsequent experience should prove this observation to be true.
Best wishes,
Python
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Commented on ramses28's review
Jan 18, 2010 08:05 AM
Yet another 'review' - in reality nothing more than an advertisement for Gold Quest. The experience of the hundreds of thousands who have been defrauded all over the world by this pyramid scheme should serve as a warning to others who may be tempted by this.
Commented on Hco55790's review
Apr 28, 2009 02:34 PM
don't waste any more money buying those useless products, they are worth only a fraction of the prices quoted by GQ. If you try to buy the balance you are simply throwing good money after bad.
Far better to treat this as a lesson in life and forget about it. However you can spread the word about ...these and other pyramid scams so other people don't get caught. You can also make appropriate complaints to the police and other authorities so that the ring leaders are caught.
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Commented on own review
Nov 11, 2008 08:09 AM
Goldquest_is-scam: to be precise, what you describe as www.citylimouzines.com. is a Ponzi scam, not a pyramid scam.
Both are scams that only make money for their owners (rogues) but there is some difference in the way they operate.
http://en.wikipedia.org/wiki/Ponzi_scheme
also look this up... as well:
http://en.wikipedia.org/wiki/Pyramid_scheme
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Commented on shashikori's review
Apr 01, 2008 12:23 PM
Not only have they changed the nam eto Questnet, now they have changed it once again to Qatana. The moment, too much heat piles up the change the name to disguise their past and then go onto scam a new set of people. Before GoldQuest it was known as Gold Unlimted.
Commented on Rasadevi's review
Apr 01, 2008 12:20 PM
Qatana/Quetsnet/Goldquest is a pyramid scam or fraud.
Look at the personal experiences of many members listed under Mouthshut reviews under the name Questnet. Read about the experience of Leader Victim who has posted a recent review under this topic as well.
If you wish to defraud your friends... and relatives and thus lose them all, then go ahead.Read More
Commented on Leader-Victim's review
Mar 24, 2008 12:47 PM
Good write up, thank you for sharing your experience.
You also have had the courage to admit your mistake which means you are a lot better than those that simply hide or play the game by encouragingthe victims to blame themselves.
A terribel experience no doubt, but at least we can hope that s...ome others may learn from this.Read More
Commented on rajauniv's review
Mar 13, 2008 01:53 PM
If you read the comments under my review I have dealt with these arguments. In brief Qatana /Golduest has no relationship with the Pope, FIFA, Princess Diana or anyone else. They may claim to do so but a little verification proves these claims to be false. Unfortunately only a few are willing to tak...e the trouble to verify anything.
Ask your Qatana/Goldquset members to provide you with the following for each any every relationship they claim:
1. Contact person in the organisation (eg FIFA, the vatican) who can verify the relationship
2. Telephone, fax and email address of the contact person.
3. Description of the nature of the relationship (eg Agent, sole agent, distributor, authorised representative etc)
The results of some my previous investigations are posted amongst the comments to my review.
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Commented on own review
Mar 10, 2008 12:43 PM
Thats what I asked the guy to do. He does not want to lose his friend so he is suffering in silence.
Commented on shashikori's review
Mar 10, 2008 09:14 AM
Yet another meaningless 'review' by people trying to promote the Qatana scam/fraud. Just ask yourself - where did this money come from? From the downline. And how are the downliners faring? Hav ethey earned money? What has happened is a transfer from the downline to yourself. Congratulations for suc...cessfully robbing your friends and associates, doubtless they will thank you for it for years to come.
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Commented on own review
Mar 05, 2008 11:43 AM
Coincidentally, I rode into office in a trishaw today. The driver is a fellow who operates close to home. During the height of the scam in Colombo - in 2003/4 he mentioned to me that he had joined the scheme and I advised him to complain and try and get his momey back. He did not want to complain si...nce it was a friend that had brought him in.
He just asked me what had happened to the scheme. I tiold him that they were continuing to cheat innocent people of their money in various places, the latest being Afghanistan.
He paid some 50,000 rupees for a gold coin. He never got his gold piece. This was in the early days of the fraud when they offered 'part payment' pay half the money, recruit the new members and then get the gold piece.
He could not recruit, he lost his money, did not get aything, even the gold piece that he paid part of the money for. No communication from the so called 'reputed company' , no refund, no product.
The driver is a sadder but wiser man today.
Just thought I would share this experinece with others, so that they may learn from the mistakes of others.Read More
Commented on own review
Mar 03, 2008 09:08 AM
This would count as an illegal scheme in the US. If in doubt you can always write to the US FTC to clarify anything.
To file a complaint or to get free information on consumer issues, visit www.ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters Intern...et, telemarketing, identity theft and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.
Or follow this link, email and other contact details are at the bottom
http://www.ftc.gov/bcp/conline
/features/mlm.htm
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Commented on own review
Feb 12, 2008 12:27 PM
The Hindu did a story on GoldQuest / Qatana which examines the business and includes opinion from coin collectors see it here:
http://www.domain-b.com/companies/companies_g/goldQuest_international/20030708_job.htm
Commented on own review
Feb 12, 2008 12:08 PM
Rpella, ANalyser-Ind
ok Rpella, Analyser-ind, let me admit my mistake and tender my apologies for referring to you as a fools.
For numismatics, please refer to the comments above by rattlesnake which examines the numismatics aspects of the product. I have looked at the case of the FIFA coins ...- see my comments towards the start of the list of the comments.
My case is that Qatana is a pyrmaid scheme. What I would suggest is:
1. Examine the structure of pyramid schemes
2. Compare them with Qatana
then ask the questions: does it share the same weaknesses?
THere is a great deal of infomation on the web regarding the MLM model, pyramid schemes and their flaws.
Have a look at these:
http://www.quatloos.com/mlm/mlm.htm
http://www.pyramidschemealert.org/
Second look at the products themselves and try and examine their value. This may be easier with some products rather than others. Since you seem to have bought gold pieces have a look at the adviec given by the American Numismatic Association:
http://www.centercoin.com/coin_information/consumer_alert_investing_in_rare.htm
Why not take the product catalogu eto your local coin collecting club and ask them fro their opinion?Read More
Commented on shd1980's review
Feb 11, 2008 09:57 AM
You are quite right.
If you look through the comments on my review you will see a brilliant anaysis by someone called rattlesnake - on numismatics. (He has also posted a review with the sam eifo under the name Tim Shaw.
Commented on own review
Feb 11, 2008 09:38 AM
Please follow the links below for some stories on the company:
A warning by the Napali Government
http://www.kuenselonline.com/print.php?sid=3633
A warning by the Philippine Government
http://www.inq7.net/nat/2003/aug/19/nat_10-1.htm
A warning by the Sri Lankan government
http://www.lank...abusinessonline.com/full_story_search.php?newscode=149866176&subcatcode=11
a Report on action by the Indian police on GoldQuest
http://www.hinduonnet.com/2003/08/22/stories/2003082210240300.htm
Some miscellaneous stories of the scam/fraud
http://www.manilatimes.net/national/2003/apr/03/top_stories/20030403top11.html
http://www.domain-b.com/companies/companies_g/goldQuest_international/20030708_job.htm
http://www.fraudsandscams.com/examples.htm
http://www.lankabusinessonline.com/new_full_story.php?subcatcode=11&catname=Law&newscode=184664176
http://southasia.oneworld.net/article/view/89307/1/33
You may also read my detailed analysis (and the comments made on it) at:
http://www.mouthshut.com/review/GoldQuest.com-54567-1.html
(or simply Log into www.mouthshut.com and search for Goldquest)Read More
Commented on own review
Feb 11, 2008 09:29 AM
'Oh Boy BIMBO, if every conutry they operated, they were chased out, then the
world is free of QN, no more QN in this world, then what are we talking??? '
They operate because of fools like you dear Analyser-ind.
People who don't read, who accept the lies that they tell at face value, those w...ho who do not investigate or verify facts.
People who let their greed dictate their decisions.
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Commented on own review
Feb 11, 2008 09:26 AM
'number of countries approved
this biz , Law makers , country heads, constitution writers, Legal experts '
Oh. Great just tell me the details if you dont mind.
1. What are the countries that 'approved' this business?
2. Who are the 'legal experts' and 'constitutional experts'.
Looks liek ...thety have been banned in Afghanistan now:
see:
cut and paste the links in the browser
http://ca.news.yahoo.com/s/afp/080210/world/
afghanistan_commerce_protest
http://www.feedsfarm.com/
article/6ca4ff67c04ac8bb0a725cb9478c491d79bee220.html
http://www.nepalnews.com.np/contents/englishmonthly/
businessage/2003/mar/followup.htmRead More
Commented on own review
Feb 11, 2008 09:18 AM
Bimba,
alliteration is lost on the Qatana lot hee hee
Commented on own review
Feb 11, 2008 09:17 AM
'No one really wants the products??? How can you say this?
How many watches are sold out?
Your statement is pure assumption. '
There is no assumption here. I have just gone through three powerpoint presentations of Qatana/ GoldQuest.
1. The entire presentation is about'business opportunity' ...and 'time'. Don't waste time, get into this lovely 'business opportunity'. Nothing about the product.
2. What you bought was not a product that you wanted but a license to try to make money.
You dont need to hold seminars to sell products do you?
All you are trying to do is recruit people into a chain letter scam.Read More
