Buyer Beware

Mogul Productions

Mogul Productions is a multi-million dollars scam, which is targeting young individuals and tkaign thousands of dollars from them.

If you don’t have time to read the whole Mogul Productions review, then here’s the takeaway:

Mogul Productions is a scam. Avoid it.

This will be an expert analysis of this Crypto company, I’ll go over everything and explain how this scam works and how they use social engineering and manipulation to take advantage of young naïve people.

Let’s get into the details and see how Gagan Grewal (the CEO of this operation), runs this scam and why he resorted to take money from innocent people.

Gagan Grewal: Failure Businessman Now Running This Crypto Scam

Gagan Grewal is a textbook example of a modern-day scammer. You don’t have to look too far to realise this fact too. His LinkedIn profile speaks for itself.

According to Gagan’s profile, he has been a founder, director, and a member of board for multiple companies, all of which are either shutdown or are suffering huge losses. Showing off multiple companies in one’s profile is a great way to appear legitimate and experienced.

But when all of those companies are failures, it means there must be something wrong with the person themselves.

Moreover, Gagan was the leader or part of the leadership team in all of those companies. So, he must be responsible for their current state.

When you realise the fact that he has never launched a successful venture in the past, it becomes apparent why he would resort to launching a shady company now. Mogul Productions seems like a dire attempt of Gagan Grewal at having a livelihood so he can show something for himself.

There’s nothing wrong with launching multiple failed ventures. But it becomes wrong when the person resorts to deceiving people and launches a company that defrauds others.

If someone promises to make you rich but has never succeeded in business themselves, how much will you trust their advice? Would you even consider it?

Gagan’s resume alone, should be sufficient for you to convince why his latest venture isn’t worth your money. You should beware of people who pose as business experts when in reality, they haven’t succeeded in business at all.

https://www.linkedin.com/in/gagangrewalvancouver/?originalSubdomain=ca

Mogul Productions: Why it’s a scam and how the scam works

Mogul Productions seems like a unique catchy idea at first. However, they might turn out to be one of the biggest online scams of 2021 due to their shady structure and methodology.

Before we look at why they are a scam and how they are trying to defraud people, let’s first look at what they want to seem in your eyes:

What they claim to be

Mogul Productions claims to be a decentralised platform for the filmmaking community. They claim to provide a place where movie fans can engage with filmmaking products in meaningful ways.

The platform promises to help people vote for films they want to watch, earn engagement points, and get speaking roles, red carpet tickets and invitations to exclusive events related to their chosen films.

They claim to sell one-of-a-kind movie posters as NFTs (non-fungible tokens). A non-fungible token is the tokenised value of a physical asset such an artwork, property, etc. It is one of the many blockchain technologies Mogul Productions claims to use.

They also claim to provide a place where creators can get funding for their filmmaking ideas and get support from Hollywood producers.

On paper, Mogul Productions seems like a wonderful idea. However, there is more to it than it seems and we’ll delve into that in the next section:

What they actually are

Mogul Productions is a shady platform with unverifiable claims

What seems like an amazing blockchain innovation is actually a dangerous scam. Recently, there has been a surge in blockchain-based scams where the scammers claim to sell something unique in the guise of a “once in a lifetime” opportunity.

You might ask, “But Mogul Productions isn’t selling anything? So how can they be a scam?”

As it turns out, they do sell stuff. They sell their own cryptocurrency, which call STARS tokens.

Here’s the popup you get when you visit their homepage:

The popup on Mogul Productions’ homepage

Notice how they tell you to “buy” their access pass and tokens?

They even claim to have more than 35,000 users who have already bought their access passes and tokens. Without buying an access pass NFT or a STARS token, you can’t participate in their community.

They have a paywall for even browsing their community, which probably doesn’t even exist. Because even though, they claim to have over 35,000 users, there’s no way to verify the claim.

You can’t see where the community is, what projects are those 35,000 people voting on, and what kind of movies they are creating unless you pay up first.

Why would they hide such stuff? Isn’t it counterproductive to their business to hide their work and community?

Or maybe they don’t have 35,000 users at all and are plainly lying to everyone so they would trust them more while thinking, “If 35,000 people have already bought their access pass, maybe I can too.”

There’s no way why a company would hide such a thriving community from prospective users, which is a proof that Mogul Productions is a scam.

And we are barely scratching the surface here.

Because Mogul Productions’ scam is much broader and vicious than simply lying about having thousands of users.

How the Mogul Productions scam works

The online scamming industry is seeing a new trend recently. Companies have started coming out of nowhere that claim to provide a decentralised platform for trading a made-up currency.

Earth2.io is a great example of such a scam. They claim to sell virtual properties which exist nowhere except on their platform and you can only buy them on their platform through their cryptocurrency.

Mogul Productions sells STARS tokens, a cryptocurrency of their own. To buy this cryptocurrency, you’ll have to pay them with a real cryptocurrency first, called ETH.

What is ETH?

ETH is the acronym of the cryptocurrency Ethereum, the second-most popular blockchain technology after Bitcoin. One ETH costs ~2,000 USD.

Notice how little benefits you get with the early two tiers.

You can only participate Mogul Productions’ various activities after you have spent at least $2,000 on their pass.

Otherwise, you don’t matter to them. Having such a high price tag makes them more suspicious because there aren’t many people who have $2,000 lying around.

Once you have spent such a huge amount on their platform, all you can do is spend it on their platform. They don’t mention anywhere that you can get your money back.

The made-up currency and the trap

Mogul Productions requires you to spend thousands of dollars to buy their made-up currency which you can’t use anywhere except on their platform.

Suppose you do buy their STARS tokens. What can you do with it now?

Turns out, there isn’t much you can do with it.

You can only use their STARS tokens to engage with their platform and community. Whether you vote on movies, get tickets for events, or get video shoutouts from cast members of their film, you’ll need to spend STARS tokens.

Can you earn STARS tokens?

Yes, you can earn them by interacting with their platform. But that’s about it. There isn’t anything else you can do with their cryptocurrency.

In simple terms, when you buy tokens from Mogul Productions, you pay real money for fake money. It’s like buying Monopoly notes by paying real US dollars.

This is the depth of Mogul Productions’ scam. They are trying to sell a made-up currency that’s useless out of their platform to others.

In conclusion, Mogul Productions is a scam because:

  • Sell something that has no real value at all.
  • Lie about having a community.
  • Make unverifiable claims.
  • Their owner has an unreliable background.

Demand thousands of dollars upfront

Even if we ignore all the lies they tell on their website and believe for a second that their claims are true, to get any worthwhile benefits, you’ll need to buy their Tier 3 or Tier 4 passes, which are highly expensive.

Here’s the pricing of every Tier in USD, not in their made-up currency:

  • Tier 1: $2,000
  • Tier 2: $20,000
  • Tier 3: $50,000
  • Tier 4: $100,000

They don’t mention these prices anywhere on their website, which makes them more suspicious. I had to go through their ICO documents to find out the actual price of their access passes:

Prices of their access passes in their Litepaper

Fake Mogul Productions Reviews: Using Paid PR To Mislead Investors

When you sell something that provides no value to your users and costs thousands of dollars, you must sound convincing.

Otherwise, no one will buy from you.

Gagan Grewal understands this fact very well. That’s why he has spent a fortune on paid articles which are written in by manipulation experts.

These articles serve multiple purposes including:

  • Burying critical expert reviews and customer complaints
  • Fool people into thinking Mogul Productions is legitimate
  • Seem more credible to the wide public

Mr. Grewal probably hired a PR firm which posted the same article on 92 different websites.

They posted the same PR article on 92 different websites to mislead people, bury complaints and expert criticism

You might be thinking why would anyone do such an act? Well it’s simple, they want to add the social proof banner.

This has become a go-to method for internet scammers to gain fake credibility. But it works because naive people fall for it.

All of the blogs/websites mentioned in the banner took money for the article they’ve posted about Mogul Productions.

If you see a website praising Mogul Productions, chances are they are a paid sponsor of this scam.

I would be very careful of any website or anonymous person on Reddit.com giving praise to this scam. As it will most likely be a staff member of the very company whose job is to manipulate masses.

Mogul Productions Scam Exposed By Actual Crypto Experts

Apart from the paid sponsored articles on Yahoo and MarketWatch, Mogul Productions wanted to take advantage of the hyperactive community of Reddit. After the recent financial phenomena of WallStreetBets, Mogul Productions thought they can get tons of victims from Reddit. However, the users of Reddit seemed smarter than Mogul Productions’ marketing team thought and they exposed them publicly.

Right now Mogul Productions also have a subreddit which is created especially to bury this specific thread and people exposing them.

The subreddit is just horrible, it is filled with the same old posts and it is simply used as a dump. I wouldn’t recommend going there unless you want to experience quality cringe.

Sponsered “Reviews” On YouTube

YouTube is the 2nd biggest search engine in the world, of course scammers would want to make use of this platform.

Mogul Productions seemed to have paid multiple YouTube channels a lot of money to post praise about their company. Thse channels range from CryptoCoinShow which has ~31k subscribers to Crypto Fiend, with a whopping ~76k subscribers.

These are channels with a decent audience and when they promote scams like Mogul Productioins (CEO Gagan Grewal), on their channels, a lot of people get taken advantage of.

All the videos currently on this company seem to have their Dislikes hidden, which was probably a condition in the contract. As Grewal knows that he is running a scam and people might start spamming these videos with dislikes once they realize it. But he paid some hefty bucks for it, so he wants the Dislikes to be hidden from the public.

Below are the fake Mogul Productions reviews on YouTube:

fake Mogul Productions reviews on YouTube
fake Mogul Productions reviews on YouTube
fake Mogul Productions reviews on YouTube

Mogul Productions Review 2021 Verdict: A Dirty Crypto Scam

Mogul Productions is a clever crypto scam, they are selling a dream to naïve people with the help of social engineering and manipulation. They take real money from you and give you valueless currency in exchange. The owner is a failed businessman looking to make millions. It is a textbook scam and it should be avoided at all costs!

Mogul Productions is a crypto scam portraying itself as the next big thing. They take thousands of dollars from you and give you valueless currency in exchange. Gagan Grewal seems to have started this company out of desperation for money and he chose to scam people instead of making an honest living. There are also tons of fake Mogul Productions reviews, which are heavily biased and promoting to potential victims. Please avoid it at all costs.

2.8 Total Score
Mogul Productions is a scam.

Mogul Productions is a clever crypto scam, they are selling a dream to naive people with the help of social engineering and manipulation. They take real money from you and give you valueless currency in exchange. The owner is a failed businessman looking to make millions. It is a textbook scam and it should be avoided at all costs!

2.6Expert Score
Trust
2.5
Honesty
2.5
Reliability
3
ROI
2.5
Experience
2.5
Reputation
2.5
2.9User's score
Trust
2.8
Honesty
3.1
Reliability
3.5
ROI
2.6
Experience
3
Reputation
2.8
CONS
  • Fake 5-Star Reviews
  • Manipulative PR Articles
  • Deceptive Marketing
  • Take Thousands Of Dollars And Give A Made-Up Currency In Return (which has no value!)
  • Potray themselves as the next Bitcoin to scam people
Add your review  |  Read reviews and comments
11 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. 3.25
    Trust
    60
    Honesty
    90
    Reliability
    90
    ROI
    50
    Experience
    50
    Reputation
    50

    The author is lying, mistaken, or too lazy to do any research on Mogul. Every accusation made can be verified very quickly without spending any money; at most you need to register by email. The minimum to participate is zero and you can buy as little as one coin, price is $.70 cents.
    Please spend more time to get that facts correct, you may have valid concerns but the message gets lost in your errors.
    In addition, anyone getting into crypto must understand that the majority of them will fail. If you buy a lottery ticket and lose, would that be a scam.

    + PROS: Known risks and unknown rewards somewhere between zero to 1000x initial investment. If you think otherwise, stick to gold and silver- crypto isn’t for you.
    - CONS: Known risks and unknown rewards somewhere between zero to 1000x initial investment. If you think otherwise, stick to gold and silver- crypto isn’t for you.
    Helpful(0) Unhelpful(3)You have already voted this
    • Is your cryptocurrency so horrible that you just compared it to a lottery ticket?

      If you think that’s how crypto works then I totally understand what kind of an “expert” you are.

      What a tool.

  2. 0.75
    Trust
    10
    Honesty
    10
    Reliability
    20
    ROI
    20
    Experience
    20
    Reputation
    10

    Let me get this straight. Mogul Productions wants people to spend thousands of dollars so they can join a community where they get to vote on which movies they want to fund?

    Do we not have Kickstarter for that? What about Gofundme? Why would I pay thousands of dollars to JOIN a platform when I can simply go to Kickstarter and choose which movies I want to watch.

    Mogul Productions seems like a highly complicated version of Kickstarter. And yeah, it’s most definitely a scam.

    - CONS: Kickstarter knockoff
    Helpful(1) Unhelpful(1)You have already voted this
  3. 0.5
    Trust
    10
    Honesty
    10
    Reliability
    10
    ROI
    10
    Experience
    10
    Reputation
    10

    It’s a scam! How much more evidence do people need?
    Manipulation, Social Engineering, Lies have been used by MLM scammers for decades. Now Crypto scammers are doing the same and experienced experts are debunking them.

    Investing in this scheme has no value. They are taking real money and giving fake money in return. That’s not how actual cryptocurrencies work. YOu can actually withdraw it. However, in this case, you can’t (at least not very easily).

    They target middle-aged people and professionals in their late 20s. Both these groups want to have an “investment” in place, and a small chunk of this demographic thinks a maxed out 401k and RothIRA is a bad investment. And these are the exact people who scammers like Mogul Productions target.

    Their victims want a secure and high-return investment but they don’t want to work for it. Gagan knows that, and he exploits them.

    Real Estate and Stocks have been a staple investment for many years and some good cryptocurrencies are also amazing. However, this is not what Gagan Grewal wants you to know. He wants you to give him all your savings, so he can defraud you.

    - CONS: Scam Unethical Horrible Scheme Borderline Fraud
    Helpful(2) Unhelpful(1)You have already voted this
  4. 5
    Trust
    100
    Honesty
    100
    Reliability
    100
    ROI
    100
    Experience
    100
    Reputation
    100

    Mogul Productions is not a Scam. The writer of this article is the scam and the people who replied to it saying it is. This is an attack by a jealous person who obviously knows nothing about what a real project in blockchain is. Unlike other projects Mogul is built out already and is already investing in Movies proving out its business model and tech. If anyone doesn’t believe that then come sign up and see for yourselves. Don’t listen to some pathetic person who is just trying to harm real projects because they don’t have the skill and knowledge to actually do something real themselves. Have fun being a Troll your whole life.

    Helpful(0) Unhelpful(2)You have already voted this
  5. 0.5
    Trust
    10
    Honesty
    10
    Reliability
    10
    ROI
    10
    Experience
    10
    Reputation
    10

    It’s people like Gagan Grewal that give a bad name to the crypto industry. These people scam everyone and then vanish while we are left to deal with all the hate and anger of the victims. No wonder everyone thinks I’m into something fishy just because I’m a blockchain developer. Throw these guys in jail, that’s where they deserve to be!

    Helpful(1) Unhelpful(0)You have already voted this
  6. 1.4
    Trust
    30
    Honesty
    20
    Reliability
    40
    ROI
    10
    Experience
    40
    Reputation
    30

    It’s just sad.

    Gagan Grewal knows people will fall for this scam because everyone wants to get on the “Next Big Thing”. People regret not investing in Bitcoin so they are literally “investing” in scams.

    I’ve shared it on my FB wall, hopefully FTC shuts it down.

    - CONS: Sad scam Theives
    Helpful(2) Unhelpful(0)You have already voted this
  7. 0.5
    Trust
    10
    Honesty
    10
    Reliability
    10
    ROI
    10
    Experience
    10
    Reputation
    10

    Oh God, I’ve bought their STAR, what should I do, how can I get my money back????

    - CONS: HELP ME PLEASE
    Helpful(1) Unhelpful(0)You have already voted this
  8. 0.05
    Trust
    0
    Honesty
    0
    Reliability
    0
    ROI
    0
    Experience
    0
    Reputation
    10

    We’ve had atleast a dozen “Next Bitcoins” in 2021, this just sounds like another one of them. Who falls for these dumb scams anyway lol

    - CONS: Crypto scam
    Helpful(2) Unhelpful(0)You have already voted this
  9. I saw their post on Reddit and I knew something didn’t seem right. I was planning on doing a video exposing them, but it seems you guys have done it already. I’ll share it, more people need to see the truth behind this filthy scam, great job as always!

  10. I knew it!
    This thing sounded too good to be true. You guys saved me two thousand bucks! Thanks OP

Leave a reply

Your total score

GripeO
Logo
Register New Account
Reset Password
Compare items
  • Total (0)
Compare
0