Sep
02
In simple terms, the people believed that if they gave Calvin an amount of money, Rack would pay them back at a high interest rate. Raangee would get a 25 percent cut as the fee for recruiting. In the FAQ, Rack usually sends a receipt that outlines the amount owed. The money is received in 7-14 business days because of the security of his bank.
"Most banks require five business days to transfer funds, however Rack's bank is slower." Initial people we spoke to said they received promises of payment from Rack. However, after a while communication ended. Rack says that a lot of customers did not receive funds. They would offer excuses or deny victims' requests who tried to reach Rack regarding their funds.
"We were supposed to get the money], but it didn't happen. We waited almost one month, but he continued to make excuses that his PayPal was blocked, etc. to get more time," another victim told P.TV.
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