Allegations come out against Karatbars scandal, but the company is fighting against them
Karatbars has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling Karatbars.
I have simply gathered for you all the facts in this Karatbars Review in order for you to make a proper decision about it.
So, is it true? Is Karatbars a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is Karatbars?
Launched back in 2011 as a way to buy and sell gold, Karatbars has found itself in a sticky situation. Reports are coming out that investors in the company are losing money, resulting in a bad spotlight being placed on it.
That’s not a good look for any MLM opportunity, and in an attempt to stave off the back look, Karatbars is denying these scandal clams.
Per the company:
“The German gold and technology company Karatbars is vehemently denying recent allegations from the German business journal ‘Handelsblatt’, claiming that investigations have been launched into the company’s KBC crypto coin and gold reserves are not available.”
Karatbars CEO Harald Seiz has done a good job taking these claims by the horns and addressing them head-on.
“No customer or partner has ever incurred losses due to Karatbars and its products.
We are not aware of any official investigations. We are totally transparent. We have nothing to hide. If there are any open questions, we will answer them. We are of course cooperating to the fullest extent with the responsible authorities and are very interested in finding an explanation for any misunderstanding as soon as possible.”
Karatbars has also been faced with a website that’s apparently spreading false information about the company, and it’s been doing so since September 2019.
Seiz continues with:
“There is no cause for concern. We are on track with all our projects. This is only someone trying to get in the way of Karatbars’ success. It won’t work!
The cryptocurrency and blockchain market is barely regulated at this time. That causes problems in many respects. It would be very helpful to have more transparency and to clarify the rules of the game in order to unlock the potential of these technologies.
We are therefore calling on authorities and governments to establish sensible regulations and an international agreement.
This would support the market and limit abuse. Karatbars wants to be actively involved in this and the setting of standards. For example, there are plans to set up blockchain academic chairs at several universities in order to shed more light on these difficult subjects in future.”
What does the future hold for Karatbars as it tries to fight off this bad press? That remains unclear.
CEO Seiz seems quite determined to do what he can to rebuild Karatbars’ reputation, and he certainly has his work cut out for him. Claims of lost investments is not a good look, so for Karatbars’ sake, we hope everything can get cleaned up and resolved sooner rather than later.
Right now, it’s hard to say how much longer these allegations will continue for. The MLM space is constantly buzzing with new stories every day, so it’s possible this could all blow over while people move on to the next story.
We’ll have to wait and see what happens next, but for right now, that’s where we’re at. What’s going to happen next? That’s anyone’s guess.
Is Karatbars A Scam?
Have you heard from a friend that Karatbars is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about Karatbars – is it a scam or legit?
Good news – Karatbars is not a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
Karatbars Review Conclusion
I sure hope that you have found my Karatbars review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my Karatbars review to have all the information for you.
If you decide to carry forward with Karatbars, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.