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The Apex Power (TAP): crypto mining ponzi company - it's a scam! Actor is paid to promote the company, acting as CEO!

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The Apex Power (TAP): crypto mining ponzi company - it's a scam! Actor is paid to promote the company, acting as CEO!

Much information is taken from here, however, since the website is full of adverts, I decided to present it in this post with some addition.

This is a review of a scam company that promotes a ponzi scheme to steal money from "investors".

The Company presents itself as "The Apex Power" (TAP) and the official website is theapexpower(dot)com .

\"Official\" website

The Apex Power says it is involved in solar, wind and hydropower renewable energy projects:

Our focus is to build a sustainable and green environment wherein we save the current resources for the future generations as well. We focus on utilising renewable energy like Solar Energy, Wind Energy and Hydropower to produce outstanding socially acceptable results.

This power is then purportedly used to mine cryptocurrency:

Renewable sources of energy like solar, wind, and hydropower can be used to power crypto mining operations.

No evidence of The Apex Power being engaged in renewable energy or crypto mining is provided within the website.

The pricing to join the company are those:

Basic packages

Premium packages

All the packages have a extremely high APY, this should be already a big red flag.

Another red flag: The Apex Power’s website domain (“theapexpower(dot)com”), was privately registered on December 16th, 2022.

They have also a Youtube channel.

In this video you can see their "offices" and their CEO and founder “Lahm Andreas” presenting the company. Guess what? It's all fake. It's a rented office with several non-native English speaking actors.

Also the CEO is fake: “Lahm Andreas” is actually Axel Capurro, the frontman for Italian heavy metal band called "ANEWRAGE" (this really upset me, being Italian).

“Lahm Andreas” is just an actor, the real name is Axel Capurro.

Axel Capurro as the frontman of the band.

Probably the guy was paid to do the video and has no connection to the company. I've tried sending him an email but I've got no answer yet. You can see that they are the same person just by searching Axel Capurro on the web.

Also, the CEO's name has no results on Google. This is the main red flag in my opinion.

Another side note, the Apex Power’s official Facebook group is managed from India. Another red flag.

Please take this advice: stay away from such companies! They are a total scam!

Disclaimer: This is not a financial advice. This post is just a discussion on a topic.

While commenting, please respect other's opinion (and mine)!

submitted by /u/Allions1
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