Share this page Facebook Twitter Linked-In. Avoid new and untested platforms. However, these do not guarantee that they are legit. Now satisfied that the scheme is legit, those investors who received payouts pump more of their money into the scheme and encourage others to do the same. November 26, by Cristina Miranda. By the time the bank finds out the check is no good, the scammer has gotten the bitcoin, and you have to repay the bank all the money you withdrew. Both were later shown to be multi-level marketing MLM scams.