The Juicy Fields Scam: Millions Stolen! – A Super-Elaborate Scam

Hello and welcome to my blog, which gives you tips for achieving financial freedom through logical, long-term thinking. My name is Kevin, and we’re going to look at how millions of euros were stolen worldwide for no reason through the Juicy Fields scam. The scam was pretty obvious, but even I played along. Personally, I only lost €50 because I was able to recover the rest of my investment in June! I wanted to write this article to help novice investors spot such scams. It’s important to be aware that this isn’t the last scam and that there will be many more in the years to come. That’s why it’s very important to know how to recognize them and not invest if you have any doubts about the reliability of the investment.

Is Juicy Fields the most elaborate scam in a long time? It’s very possible, and in this article, we’ll see why I became interested in this platform a few months ago. At first, I really thought Juicy Fields was the opportunity of the century. Was it idealistic passive income or a gigantic scam? It seems we’re getting closer to the truth today.

We’ll quickly revisit the story before getting to the heart of the matter. I’ll share my own experience with the platform, as well as the inconsistencies it encountered.

And yes, I too was able to invest in this platform. Not necessarily in the same proportion as some, but I still put my money in. And obviously, I lost some! Well, not all of it, but some of it remained in the scam’s cash register. I can consider myself lucky that the Juicy Fields scam didn’t take my entire investment.

Of course, you’ll see that there were major problems that will undoubtedly spell the end of this platform.

What is Juicy Fields?

Founded in 2020, it has been able to raise hundreds of millions in capital over the past two years with its revolutionary offering. It has attracted people in need of money. Juicy Fields is basically a site that connects investors and legal cannabis producers. They themselves use the term crowdfunding, but here it’s actually the investors who help grow the businesses of cannabis producers. So their idea was simple: you invest in cannabis plants and by doing so, you’ll help the company grow. Then, after three months, once the cannabis is grown, dried, and ready for sale, you’ll recoup your initial investment plus a certain percentage of the return. What interested many people about Juicy Fields was the interest rates, which were simply enormous. We’re talking about interest rates between 30 and 60%. It was possible to achieve a completely enormous capital gain. Investors could receive this profit approximately every three months, once the cycle was fully completed. Depending on the plant chosen, we could have several harvest periods, up to four per year. The Juicy Fields scam mainly affected Europe, particularly France and Germany.

My failed experience with Juicy Fields – The Smart Investor

That was how Juicy Fields worked. It’s true that the platform’s website and communication were pretty straightforward. The site was completely user-friendly and clear; it didn’t really resemble a Ponzi or scam site. For example, there were features allowing you to secure your account with two-factor authentication. Surprisingly, there was quite a bit of legal information about the platform’s owner. For example, there was a head office located in the Netherlands, ways to contact the team and the founding members. It’s also on all the conventions mentioning legal cannabis. So, you could say it would seem pretty safe for an investment.

I was able to make my first investment in early 2021 with just €50. So I waited as long as I needed to get my return on investment. Everything went very well for the first time. So, I wanted to try the Juicy Fields experience again and bought seven plants for €50. I used the cryptocurrency payment feature since it goes through the Bitcoin network. Indeed, after three months, I had nothing to complain about; I had recovered my initial investment plus a small profit. So, I don’t know exactly how much, but I recovered €300 and reinvested only €50 because I still wanted to analyze the platform in depth to allow me to invest larger amounts. I was able to receive my return on investment relatively quickly, in less than a few minutes. Some features were very useful, such as being able to reinvest extremely quickly, saving time.

How to recognize a scam? – Juicy Fields: the biggest scam of 2022 – The Smart Investor

The First Red Flags

I got my money back, which I transferred in crypto. If it had been today, I wouldn’t have been able to do it. If I decided to withdraw from Juicy Fields, it was out of fear and anxiety, and because I saw more and more information coming out. I became somewhat interested in the development and farming of legal cannabis. Even at that level, there were quite a few inconsistencies. Often, gestation periods, especially for cannabis, are much longer than three months. I also did a lot of research, read quite a few articles, and watched YouTube videos explaining that there were quite a few problems. Also, regarding Juicy Fields’ operations, there were inconsistencies regarding the addresses of the offices located in the Netherlands.

Despite the Juicy Fields team’s communication, there were still quite a few gray areas. However, the Juicy Fields team sent out weekly newsletters explaining a little bit about what they knew how to do and showing us which convention they were in, as well as showing us the company’s development.

First problem with the Juicy Fields platform: social media has been shut down – The Smart Investor

The first problem: A problem with their social media communication

From then on, things started to become a little more panicky. Especially since in the large community of investors, whether in crypto or the stock market, information can travel relatively quickly and bring down a platform through virality.

The second problem: withdrawals were frozen!

Of course, those who were skeptical took the opportunity to cry foul, while those who had invested tried to reassure themselves by telling themselves that it could happen. Except that withdrawals were frozen very quickly, and you know this if you’ve ever invested in very high-yield but also very high-risk things (aka Robot Trade Gold, AI Marketing, EverTrade). When withdrawals start freezing, it’s really not a good sign, so the withdrawal freeze will of course have been a big blow to investors’ morale.

The Juicy Fields website has frozen payments – The Smart Investor

The third problem: The Juicy Fields website is unavailable

Juicy Fields, the sad end of a rather well-executed Ponzi scheme!

In short, a real Netflix-esque scenario where the crew split in two. Those who took off with the cash register and those who are fighting to keep the platform because, yes, there are indeed members of the film crew who took off with the cash register. This is quite easily verifiable thanks to cryptocurrency transactions; we have a tool called Etherscan that allows us to track the progress of everything related to cryptocurrency transfers on the Ethereum blockchain. It was therefore easy to see that nearly €800 million was moved and thus emptied from the Juicy Fields account. Although we can’t really confirm this at the moment due to the absolutely crazy scenario currently unfolding on the Juicy Fields platform, it still seems to be the most elaborate scam. The problem with this type of investment is that it will always be the new investors who lose a large portion, if not all, of their invested capital. While the founders and early adopters will suffer less!

According to the latest news, investors can no longer access their capital because the founders have probably, or presumably, left with the cash!

The YouTubers selling their dreams on Juicy Fields are no longer visible! – The Smart Investor

The dream sellers have disappeared from all platforms!

I was able to conduct a small investigation, and in the end, nearly 200,000 investors were scammed by the cannabis cultivation platform. This represents a very large number of investors located almost everywhere in Europe, and it’s not just in France where investors were exposed to the platform. Moreover, I noticed that in France, we’re not yet fully prepared to fight this type of scam. There have been attempts to file complaints, but people don’t really know how to do it. Whereas if we take the example of Spain, I have a small one, by integrating the Spanish Telegram channels. We notice that there’s a real coalition against Juicy Fields. The people have come together and formed a real, compact bloc to try to recover the money that was, so to speak, stolen by Juicy Fields. In France, I find that not much has been done.

For my part, I have a Telegram group, but it’s not very active. I can re-establish it if you’d like. Feel free to join this Telegram channel and share with others. This will allow us to discuss business news online.

Feedback from others

€25,000 lost by a French investor in Juicy Fields!

I read in the newspaper “Capital” that a Frenchman had invested more than €20,000. Some people even took out bank loans to invest the entire amount in Juicy Fields. And after three months, I can’t imagine the distress of this person who lost €20,000 in the blink of an eye. What’s more, he’ll still have to pay it back to the bank.

Let’s take a look at the Google My Business page for Juicy Fields.

Now let’s look at the reviews on Juicy Fields’ Google page. Google Reviews of Juicy Fields – The Smart Investor

Google Reviews of Juicy Fields – The Smart Investor What we can immediately see on Google regarding reviews is that a few months ago, the reviews were still extremely good, with 5 stars. Just a month ago, many people were very satisfied with the platform. But we can now see people from all over the world explaining that the site is great and that the returns are enormous. We do, however, have a few skeptics who explain that the site is inaccessible from smartphones or PCs.

Someone was unable to recover their money after several attempts. As the days of July 2022 progress, the reviews will gradually drop from 5 stars to one star because investors are simply starting to lose money. It’s really from July that we see this change in ratings.

I would like to have your opinions, have you been a customer on Juicy Fields? Have you invested in legal cannabis? Did you make money or lose money? If you ever experienced the scam, don’t hesitate to tell me how it went?

If you want to invest in things where you can get your money back, I can show you the different platforms I use.

I invest mainly in the stock market with a PEA opened at

Stock Market Direct

. A securities account (CTO) opened with

Trade Republic

. These two platforms are regulated by the AMF and you have a guarantee of security of your funds.

Then to diversify I invest in real estate through SCPI. The first is French and allows you to invest from €10,

bricks.co . The second is an American leader,RealT allows real estate to be mixed with blockchain. Both platforms offer a return of 10% annually!What to remember about JuicyFields

Section DetailsIntroduction Kevin shares his experience with Juicy Fields, a platform that turned out to be a scam after promising great returns on investment in legal cannabis. Despite a personal loss limited to €50, Kévin wishes to educate novice investors about the risks of financial scams. Juicy Fields Overview

Juicy Fields presented itself as a crowdfunding platform allowing investors to invest in legal cannabis with interest rates between 30 and 60%. Created in 2020, it quickly attracted investors in Europe, promising high returns on investment every three months.

Bricks