Business ProfileforThe Chaotic Company
Current Alerts For This Business
BBB Serving New Mexico and Southwest Colorado contacted the business to request additional information on their offer and how it works. As of September 28, 2015, BBB has not received a reply from the business.
BBB urges caution when dealing with this business.
The Ponzi scheme is a house of cards swindle in which tremendous rates of interest are paid to initial investors out of the funds of later investors, who end up losing all or most of their money to the promoter. The Ponzi scam amounts to little more than robbing an army of Peters to pay a handful of Pauls. As the numbers of investors, the Pauls, grow and the supply of potential new investors, the Peters, dwindle, the Ponzi bubble bursts under the pressure of meeting the promised interest payments. While some initial payments are made to drum up new recruits, the vast majority of investors in a Ponzi scheme end up losing all or most of their money.
As in the case of simple pyramid recruitment frauds, a point is inevitably reached where the con man simply cannot keep up with the required interest payments. The following are basic rules to follow in staying clear of Ponzi schemes:
1. Beware promises of high, guaranteed profits.
2. Avoid promoters who fail to provide clear and detailed explanation of their investments vehicle.
3. Check out the promoter's background.
4. Get information on the offering form your state securities division.
5. Ask for detailed information in writing.
6. Verify the promoter's claims.
7. Remember that seeing is believing.
8. Resist pressure to reinvest without seeing your profits.
9. Look for unbusiness-like conduct or disruption of services.
At-a-glance
Business Details
- Location of This Business
- 3845 Rio Grande Blvd NW, Los Ranchos de Albuquerque, NM 87107-3093
- BBB File Opened:
- 8/19/2015
- Years in Business:
- 9
- Business Started:
- 5/1/2015
- Business Incorporated:
- 8/1/2015
- Type of Entity:
- Limited Liability Company (LLC)
- Alternate Business Name
- The Chaotic Company LLC
- Business Management
- Mr. Anthony Samuel, CEO
- Contact Information
Principal
- Mr. Anthony Samuel, CEO
- Additional Contact Information
Email Addresses
- Customer Service
Customer Complaints
0 Customer Complaints
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