Exposing the Quantum AI Investment Scam 😰 (FULL RECORDING)

Blossom Social
26 Sept 202309:54

TLDRThis video exposes the fraudulent claims of Quantum AI, an app promising astronomical returns on investments. The app, alarmingly popular in the App Store, lures users with promises of turning a small $350 investment into $25,000 within a year using AI. The video documents a call with a representative who makes dubious claims about high returns and encourages further investments. The host challenges these claims, highlighting the implausibility of such returns and the high-risk nature of the trading strategies, including the use of extreme leverage. The video serves as a cautionary tale for investors to beware of such scams.

Takeaways

  • 🚨 The company Quantum AI is identified as a scam with unrealistic promises of high returns.
  • 📉 The app claims to turn an investment of $350 into $25,000 within a year, which is a red flag for a scam.
  • ❌ The representative admits that achieving a return of 25,000 from an initial $350 investment is almost impossible.
  • 📱 The app is currently ranked high in the App Store, which is alarming considering the scam nature of the claims.
  • 🤖 The scam leverages the allure of AI and automated trading to deceive investors.
  • 💸 The representative suggests that high returns are possible through reinvestments and leveraging trading strategies.
  • 📉 The promised returns are far higher than industry standards, such as the average S&P 500 return of 8-10% per year.
  • ⚠️ The use of high leverage (up to 500x) is mentioned, indicating extremely high risk and potential for loss.
  • 💡 The scam involves creating a sense of urgency and exclusivity to pressure investors into making decisions.
  • 🔍 The representative is evasive when questioned about the legitimacy of the company's operations and the unrealistic returns advertised.

Q & A

  • What is the average monthly return claimed by Quantum AI?

    -Quantum AI claims an average monthly return of 15 to 30 percent.

  • How does Quantum AI justify their high returns?

    -Quantum AI justifies their high returns by suggesting that they use AI and automated trading, and that their investors sometimes reinvest profits to increase their capital.

  • What is the estimated income for a $350 investment over a one-year period according to Quantum AI's app?

    -The app claims an estimated income of $25,000 for a $350 investment over a one-year period.

  • What is the typical return for the S&P 500 index?

    -The S&P 500 typically returns an average of 8 to 10 percent per year.

  • What is the role of leverage in Quantum AI's trading strategy?

    -Quantum AI mentions using leverage in their trading strategy, with levels potentially ranging from 1 to 500 times.

  • Why is the claim of a 15 to 30 percent average monthly return considered a red flag?

    -Such high average monthly returns are considered a red flag because they are significantly higher than typical market returns and suggest a high-risk or fraudulent investment scheme.

  • What is the scammer's response when confronted about the unrealistic returns promised by Quantum AI?

    -The representative from Quantum AI defends the high returns by talking about reinvestments and the potential for significant gains in the financial markets, but also admits that achieving $25,000 from a $350 investment is almost impossible.

  • What is the scammer's reaction when asked about the ethical implications of their job?

    -The representative denies being part of a scam and expresses discomfort with the misleading advertisements, claiming to work directly with investors and clarifying the actual returns.

  • How does the scammer explain the discrepancy between the app's promised returns and the actual returns?

    -The scammer explains that the app's promised returns are based on minimum investments and that investors often reinvest to achieve higher returns, but acknowledges that the specific promise of $25,000 from $350 is unrealistic.

  • What is the scammer's response to the accusation that Quantum AI is not a licensed brokerage in Canada?

    -The scammer claims that the company, Crypto Choice Club, is an international broker and works with partners that focus on different types of trading, including AI and manual trading.

  • What advice does the video creator give to potential investors regarding scams like Quantum AI?

    -The video creator advises potential investors to be wary of promises of high returns, to check the legitimacy of investment platforms, and to avoid scams by doing thorough research.

Outlines

00:00

🚨 Scam Alert: Unrealistic Investment Returns Promised

The first paragraph details a call with 'Quantum AI,' a company that is identified as a scam due to its outrageous claims of high returns on investment. The app, which is surprisingly popular in the App Store, promises to turn a small investment of $350 into $25,000 within a year using AI. The speaker expresses shock and disbelief at these claims, stating that such returns are impossible and advises listeners to be wary of such scams. The company's representative tries to justify these returns by suggesting that investors can reinvest profits to increase their capital, but the speaker remains skeptical and critical, pointing out the implausibility of the returns and the likelihood of the app being a scam.

05:06

🤑 The Illusion of High-Yield Investments

The second paragraph continues the conversation with the representative from 'Quantum AI,' who defends the company's practices by claiming that high returns are possible through reinvestment and leveraging. The speaker challenges these claims by comparing them to the average returns of the S&P 500 and questioning the legitimacy of the company's operations. The representative attempts to explain that the platform operates with high leverage, which can lead to significant profits but also carries high risk. The speaker remains unconvinced, pointing out the unrealistic nature of the promised returns and the potential for scamming unsuspecting investors. The conversation ends with the speaker deciding to share the call on YouTube as a cautionary tale.

Mindmap

Keywords

💡Quantum AI

Quantum AI refers to a fraudulent entity that claims to offer cryptocurrency trading services through artificial intelligence technology. It has been associated with scams that use AI-generated deepfake videos and photos to deceive the public into believing that well-known figures, such as Elon Musk, endorse their technology. The Securities and Futures Commission (SFC) has warned the public about this entity, suspecting it of using false information and promoting unrealistic returns on investments. It is crucial for investors to be cautious of such scams and to verify the legitimacy of any investment platform before engaging with it.

💡Scam

A scam is a fraudulent scheme designed to trick individuals into providing their personal or financial information, or to persuade them to part with money or assets. In the context of the video, the scam involves an app claiming to offer extraordinarily high returns on investment, which is a common tactic used by scammers to lure unsuspecting investors. The video serves as a warning to potential victims to be vigilant and to conduct thorough research before investing in any financial product or service.

💡Deepfake

Deepfakes are synthetic media in which a person's likeness is superimposed onto someone else's body, creating a highly convincing fake video. Scammers use deepfakes to impersonate trusted individuals, such as celebrities or business leaders, to promote fraudulent investment schemes. The video transcript discusses how scammers create deepfake videos featuring Elon Musk to deceive the public into believing in the legitimacy of the Quantum AI scam.

💡App Store Ranking

The App Store Ranking refers to the position of an app within the Apple App Store's list of available applications. The higher the ranking, the more visible the app is to potential users. In the context of the scam discussed in the video, the app's high ranking (number 41) contributes to its credibility and attracts more users, making it a more effective platform for the scam.

💡Investment Returns

Investment returns refer to the profits or income an investor earns from their investment. The video transcript highlights the unrealistic returns promised by the scam, such as turning $350 into $25,000 in one year, which is a clear red flag for a scam. Genuine investment platforms typically offer more modest and achievable returns.

💡Leverage

Leverage in trading refers to the use of borrowed funds to increase the potential return of an investment. The representative in the video transcript mentions leverage as a way to achieve high returns, but the use of extreme leverage (e.g., 500x) is a high-risk strategy that can lead to significant losses. This is often a tactic used by scammers to lure investors with the promise of large profits while downplaying the associated risks.

💡Reinvestment

Reinvestment is the process of putting investment earnings back into the same or a different investment to generate additional returns. The scammer in the video transcript suggests that investors can achieve high returns by reinvesting their profits, which is a legitimate strategy in investing. However, the representative's claim of achieving an astronomical return on investment through reinvestment is misleading and unrealistic.

💡Financial Goals

Financial goals are the objectives an individual or organization sets to achieve in managing their finances. In the context of the video, the scammer attempts to engage the caller by discussing financial goals and investment strategies, which is a common approach to build rapport and trust. However, the scammer's ultimate goal is to exploit the caller's financial aspirations for fraudulent gain.

💡Regulatory Warning

A regulatory warning is an alert issued by a government or regulatory body to warn the public about potential scams or fraudulent activities. The video transcript references warnings from the Securities and Futures Commission (SFC) and other regulatory bodies, which serve to protect investors from falling victim to scams like the Quantum AI investment scam.

Highlights

The company Quantum AI is accused of being a scam offering impossibly high returns on investment.

The app claims to turn $350 into $25,000 in one year using AI, which is considered a red flag for a scam.

The app is ranked high in the App Store, indicating a potentially large number of users.

The representative from Quantum AI defends the high returns as possible through AI and reinvestment strategies.

The claim of 15-30% average monthly returns is highlighted as unrealistic and a sign of a scam.

The representative suggests that high returns are possible through reinvestment and leveraging AI in trading.

The conversation reveals that the company is not a licensed brokerage in Canada, raising further suspicion.

The representative admits that the returns promised by the app are exaggerated and not reflective of reality.

The company's platform is described as an international broker with various partners, which may not be regulated.

The use of leverage in trading, with ratios as high as 500x, is mentioned as a high-risk strategy.

The interviewee questions the representative's ethics and awareness of the scam nature of the business.

The representative denies enjoying scamming people but admits the unrealistic nature of the returns advertised.

The interview concludes with a warning to potential investors to be vigilant against such scams.

The interviewee plans to share the recording to raise awareness about the scam.

The representative's discomfort with the company's advertising tactics is noted.

The conversation underscores the importance of regulatory oversight and investor education in the financial sector.