World

New Bitcoin SCAM Uses German Celebrities For Promotional Purposes

Published

5 years ago

November 14, 2019

Celebs have made “millions from bitcoin”. Now, there’s an even easier way to benefit from cryptocurrencies. That is how the New Profit Revolution cryptocurrency scam starts, but it doesn’t stop there. Industry watchdog sites are reporting that offshore Forex and CFD brokers are the culprits behind this latest get-rich-quick scheme, and they are the ones who are orchestrating the scam along with savvy affiliate networks.

Our research staff has uncovered a hornet’s nest when we found out that members of Germany’s hit reality TV show Höhle der Löwen (AKA Dragons’ Den) were illegally used to promote the new system. The use of celebrities in fake news articles is not a new trend, but it’s not every day that top German investors and entrepreneurs are used in such an illegal and manipulative way.

So we started asking the hard questions and the more we dug in the more concerned we became. It seems Profit Revolution is a copied website which deliberately targets unsuspecting or uneducated opportunity seekers who wish to trade using virtual currencies in order to generate money. However, once customers signup they are assigned an offshore Forex or CFD broker which in many cases is unlicensed. Once they fund their trading account they are subject to a myriad of sales tactics which are extremely aggressive and designed to extract a maximal amount of money in the shortest amount of time.

Why Is This Happening?

Offshore Forex brokers are offering huge commissions for every paying customer, so it’s no surprise online promoters are doing everything in their power to deliver the goods. It seems the brokers are also not very picky about how their clients are acquired and don’t pay much attention to ethical business practices.

How To Avid the Scams

Get Rich Quick schemes like Bitcoin Revolution, Profit Revolution or Bitcoin Loophole are just a few in a sea of fraudulent websites designed to attract uneducated consumers. The first rule of thumb is “if it sounds to good it usually is”, and if you are not quite sure just ask a friend or relative. It may save you a pretty penny!

World

Turkish Textile Giant Sun Textile Solution Proposal for Drought

Published

1 month ago

February 4, 2025

Jenny Jackson

While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.

Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.

The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.

CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!

In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.

The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.

R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!

Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.

OFFERING CUSTOM DESIGNS TO CUSTOMERS

Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.

With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.

Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.