Loadus Reports & Reviews

Loadus Reports & Reviews (2)

Don’t put in a penny let alone a dime

Shauniece Wallace is a fraud she is running a Ponzi scheme on telegram. She has swindled 100’s of people out of thousands of dollars under the Loadus name on that app in a sou sou type of set up. People are not allowed to ask questions or have anything negative to say for fear of being deleted and kicked out of the group and never seeing a return on there money. It’s ridiculous. I’m reporting her everywhere I see her and will be filing fraud charges against her and her business. You don’t have to take my word for it go onto telegram and see for yourself. A lady today said she put $4000.00 into the group and wanted to know when she would see a return was delete just like everyone else that speaks out. Don’t put any of your money into this scheme. Every other day there is a new “if you put more money here you’ll see a return sooner” she puts out. Run don’t walk away from this.

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Victim Location 11436
Total money lost $1,400
Type of a scam Investment

Loadus is a crowdfunding platform that operates the same as a gifting/pyramid scheme where members ‘donate’ to a person with the expectation of getting an 800% return. Loadus hides its money laundering by telling members that they are donating their gift to a campaign, which is really another member who came in before you. They also charge a monthly and yearly fee for their services. They have a customer service chat box where they answer member inquiries, but often give the run around so that the subscription can expire and you will have to renew to get another run around response.

This business is completely unorganized and unethical as Shauniece Wallace and Tim Barnes continue to collect subscription fees from tens of thousands of victims. Both Tim and Shauniece are often in the center of these flowers/campaigns collecting new “gift-in” opportunities.

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