Butterwhose real name is Wilkin Garcia Pegueropresident of the company 3.14 Inversiones, invited the bank superintendent, Alexander Fernandezto have a coffee together to explain to him that his business does not correspond to a Ponzi or pyramid scheme.
“I would tell him that perhaps, as an economist, he is correct. In other words, to tell the population that they should be aware (careful). But I would tell the Superintendent of Banks that we have a little coffee and if he assures me that he is not going to tell anyone, then I am going to explain that my thing is not a pyramid, ”Butter told the official.
The young man reiterated that he cannot explain what is the method used to multiply and invest the money that people give him, to whom he promises to return 100% of what they invested in a few days.
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In this sense, Mantequilla, who was interviewed on the Alofoke Radio Show, broadcast by Youtubeassured that there is no fraud in his business model, since there are no complaints but he has also fulfilled everything he has promised his investors, some of whom have given more than a million pesos.
Despite disagreement with the butter business by the Superintendent of Banks, many of the people who have received 100% of their profits after having invested, describe the business as “House of God and gate of heaven.
It is recalled that the president of 3.14 Inversiones assured that his intention is to open new offices in different provinces, in addition to the one he already has in Sabana Grande de Boyá, in the Monte Plata province.
The alert was given by the head of the Superintendency of Banks several days ago about the Butter business model, which he predicted will not be successful in the coming months, as happened with Telexfree, a pyramid business of Brazilian origin.
So far, Dominican laws do not classify this business system as illegal, so Fernández encouraged that this model should be included in the Penal Code.
