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“First foremost let me say that the way we’re going about it is not at all illegal,” Rangee says in the FAQ document, which was obtained by P.TV. “If it was illegal I wouldn’t do it as no sum of NBA2king money would warrant going to Jail. Keep in mind that if this was a scam, I and [Rack] would not bother publishing our names for the public to see. I love this community too much and I have spent a lot of time to make sure that my name is useful.”
To put it simply it was believed that victims were made to believe that if they gave an amount to Calvin who was their lawyer, they would be paid back (by Rack) with unusually high interest rates. In addition, Raangee would get a 25 percentage cut as a type of fee to recruit. “He Rack generally will send a confirmation of what we’re due, and funds arrive in 7-14 business days because of his security measures at the bank,” the FAQ document states.
“Most banks will take about 5 business days to send funds, but Rack’s banking institution takes longer.” At first, those we spoke to claimed that they had received payment from Rack. But soon the communication stopped. Many of the victims claimed that they did not receive money at all from Rack. When they sought out their money, fraudsters would make up excuses, or even ignore the victims.
“We were expected to get the money, but it didn’t happen. We waited for a whole month, and he brought up countless excuses such as his PayPal has been blocked, etc. to get time,” an additional alleged victim reported to P.TV.
Australian 20-year old claims his account has been hacked and filed a cybercrime complaint. He also sent pictures of the conversation with Raangee to P.TV. The video clip shows Raangee persuading the victim to invest $5,000 and promising a reward of $2,500. “Ofc Of course, for any person, it’s terrifying sending money out,” Raangee says to Buy 2K MT PS4 the victim. “But I’m at the stage now where I’m used it right now, and I understand the fears of those who are new to this.”
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