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Well everyone loves their privacy, don't you? Lately we have been getting more and more questions about WhatsApp, users asking if their account have been hacked and unsurprisingly enough we have also received requests to aid in exploitation of other accounts which by the way is unethical. Zim Social media streets has been flooded with content, that was allegedly stolen and leaked in what everyone is crediting to hacking of their private accounts. Let's talk about it in depth , in this article we are going to debunk all the myths about WhatsApp hacking and how to protect your phone from exploitation. 

WhatsApp is a social media platform that is similar to many mainstream social media platforms with one key difference which makes it a more preferred means of private communication. WhatsApp is a more private app that allows end to end encrypted conversations between 2 individuals or in group chats, we will talk about end to end encryption later in this post. 

So what is Hacking?Well hacking is a very complex term that has different view points but there is one good takeaway from this which we will discuss later in this article. Hacking in cyber security refers to the misuse of devices like computers, smartphones, tablets, and networks to cause damage to or corrupt systems, gather information on users, steal data and documents, or disrupt data-related activity and more importantly the type we are referring to is carried out remotely not with physical access to target devices.

A traditional view of hackers is a lone rogue programmer who is highly skilled in coding and modifying computer software and hardware systems. But this narrow view does not cover the true technical nature of hacking. Hackers are increasingly growing in sophistication, using stealthy attack methods designed to go completely unnoticed by cybersecurity software and IT teams. They are also highly skilled in creating attack vectors that trick users into opening malicious attachments or links and freely giving up their sensitive personal data.As a result, modern-day hacking involves far more than just an angry kid in their bedroom. It is a multibillion-dollar industry with extremely sophisticated and successful techniques.

What motivates individuals to try and maliciously gain access to another users account?Well the most common reason people want to do that is relationships. In most cases it's partners who want to gain access to their partner's phone for whatever reasons they may have. Getting to hack WhatsApp is sophisticated so in other cases that are not relationship focused, it's very rare unless you are multi-million dollar company then attackers might be financially motivated to even invest time in trying to get your account.

The Question is can anyone remotely Hack Whatsapp?
The answer to this question is no but with that being said you can never say never in the tech world. To clarify and drive our point home, the hacking we are talking about here is remote hacking of devices from highly skilled hackers who can exploit vulnerabilities in the end to end encryption algorithm created by WhatsApp. Well you guessed right, the end to end encryption algorithm is no walk in the park, Whatsapp spends millions of dollars in it's end to end encrytpion algorithm which means only the sender and the receiver have access to the content they exchange. Anyone who wishes to bypass this will have to spend a lot of money and a lot of time not to mention they would have to be highly skilled which leaves out a handful of people or criminal organizations capable of at least achieving this goal. Getting to bypass this type of technology requires very highly skilled individuals and could cost millions just to get into 1 accounts which makes it a very illogical thing to do just to see texts of your partner which bring me to my next point, be wary of people who claim they get hack WhatsApp, to date there is no such thing because the costs of carrying out that attack are not reasonable unless you are attacking WhatsApp (the company) for ransomware payments but more on this later.
So What is this so called end to end encryption technology ?
A little bit of history, the 1990s saw the introduction of Pretty Good Privacy or PGP, an end-to-end encryption software created by a programmer named Phil Zimmermann, this would revolutionarise the tech world

End-to-End (E2E) Encryption is a system of secure communication, protecting data so that only the sender and the receiver can read the message. If the message is intercepted, no third party would be able to decipher or alter the message, securing it from any external influence and manipulation.

Encrypting a PDF file encrypts the content only (that is, objects in the file, which are characterized as either strings or streams). The remaining objects, determining the structure of the document, remain unencrypted. In other words, you can still find out the number and size of pages, objects, and links but not the actual message.With time this encrytpion has become better and better making it harder to break.

While remotely hacking remains a pipe dream and is not an option for a lot of people who intend on breaching other user accounts there are a few tricks which people who supposedly claim they hack accounts, actually use to get in so we will discuss those methods and ways to counter them and for the record it is not hacking.

How do attackers get in?
The first one will be controversial given a lot of users have unknowingly embraced this with open arms.

1. Use Of GB any unofficial Whatsapp apk
With the introduction of moded apks like GB, FM ,NA and many other Whatsapp moded apks data breach has becomes easier to hackers since third parties providing those mods can easily access the data. The is no legal binding to the third parties collecting your data from these unofficial apps which means they can to whatever they want with the data they collect.

The only way to protect yourself from this is to use the official apps WhatsApp provides, which are found on the Playstore or Appstore. Ditch all the bogus apps you have been using.

2. Whatsapp Web
Whatsapp released whatsapp web as way to have to users to control the same account , this is a very handy tool especially in business whatsapp. Some like any other good invention have misused it to do their own bidding at others expense.

To connect 2 devices using this method lne requires physical access to the target's phone so they can go on whatsapp and scan the QR code. You can check and see if there is an authorised user logged into your account by clicking the 3 dots on the top corner and then click on linked devices. Here you can see if another is logged in and if they are you can easily unlink them

One way to prevent this is to not give physical access of your phone to other users and if you do make sure its password protected.
3.Use of Operating Sytsems monitoring Apps
With the end to end encryption being a stumbling block many attackers have turned to monitoring tools which can be installed on the target's phone and they can monitor the whole phone. These tools have gained popularity since they don't need to bypass the end to end encryption but merely monitor anything that's showing up on the screen. In our other article we will do in depth analysis of these tools.
4.Saving the best for lastThere is a certain type of exploitation which uses the same concept as whatsapp web but this is deadly because it produces a scenario which is in a way, a DDoS attack which translates to Distributed Denial Of Service attack. This type of attack locks the owner out of their account and they can't even warn contacts that they have been hacked because they would be completely locked out. Even though you are the owner of the account with the number you can't even reset the account because nomatter what you do you can never log in even to delete your account until the user exploiting your account has willingly logged out. Because of its severe nature i will not divulge how to actually carry out this attack but for testing purposes we carried out this attack on volunteers to research and find out how to get back your account if the attacker refused to co-operate but it was impossible at least for the time being. If you want to see a demo of this type of attack, visit our website for trial: kinebyte.com

How to protect yourself from exploitation/ hacking

1.The first precaution you can take is limiting the physical access to your phone since sometimes it needs physical access to install monitoring tools first.

2.Another measure is to disallow installation of apps from unknown sources and to download apps from the appstore or playstore.
3.You should also be vigilant when clicking links because you might unknowingly install trojans from unknown links especially from emails, which might lead to unauthorised downloads and installations.

4.Another measure is to be aware of what kind of information about you is publicly available because you might end up being vulnerable to phishing attacks.

In conclusion taking these precautions will help you keep your account secure. With the changing digital world it has become more and more important to keep your account secure and keep your personal information private. Don't waste money on individuals claiming they can hack accounts. What's happening on social media, all these leaks are happening from one of these tricks not that someone is investing their time in trying to hack and bypass the end to end encryption. When people use such tricks to get into your it's not hacking but you have unknowingly shared a private key to your home so whenever you are not around they can come in. Stay safe on the internet.

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Cybersecurity threats are ever-looming, having robust protection for your devices has never been more essential. Attackers find new ways to infiltrate our systems so it’s best to keep your security systems up to date. When it comes to safeguarding your system against malware, viruses, and other digital dangers, the choice between free antivirus software and built-in options like Windows Defender can be pivotal. Let’s delve into the reliability of both to help you make an informed decision.

Free Antivirus Software:

Pros:

Cost-effective

As the name suggests, free antivirus software doesn’t require any upfront payment, making it accessible to users on a budget.

Wide Range of Features

Many free antivirus solutions offer a variety of features such as real-time scanning, firewall protection, and even VPN services, enhancing overall security.

Regular Updates

To stay ahead of emerging threats, free antivirus developers often provide frequent updates, ensuring that your system is fortified against the latest malware strains.

Cons:

Limited Support

Free antivirus software typically offers minimal customer support compared to premium options or built-in solutions like Windows Defender.

Potential for Intrusive Ads

Some free antivirus programs may come bundled with advertisements or promotional pop-ups, which can be disruptive to the user experience.

Questionable Effectiveness

While many free antivirus tools are effective at detecting known threats, they may struggle with identifying zero-day exploits or sophisticated malware.

Windows Defender:

Pros:

Integration with Windows

As a built-in feature of Windows operating systems, Windows Defender seamlessly integrates with the system, providing a cohesive user experience.

Constant Updates

Microsoft regularly updates Windows Defender to combat emerging threats, leveraging its vast resources and expertise in cybersecurity.

Minimal Performance Impact

Windows Defender operates quietly in the background, without significantly impacting system performance or causing interruptions during usage.

Cons:

Limited Features

Compared to some third-party antivirus software, Windows Defender may offer fewer features and customization options, potentially leaving advanced users wanting more control over their security settings.

Mixed Performance Reviews 
While Windows Defender has improved significantly over the years, independent tests have shown that it may not always perform as effectively as.

Windows defender becomes a clear choice because of various reasons, the most important being it’s a built in solution. Free Anti-Virus softwares have a lot of risk from stealing of data from it’s users to unreliable methods of dealing with threats.

The Blockchain technology has immensely changed various industries, offering decentralized, secure, and transparent systems. Beyond cryptocurrencies like Bitcoin and Ethereum, blockchain presents numerous opportunities to generate income through innovative applications. We are going to delve deep on how individuals can harness the power of blockchain to make money.

Deeper look into the Blockchain

The Blockchain is a distributed ledger technology that records transactions across multiple computers in a secure, tamper-proof manner. Each block in the chain contains a cryptographic hash of the previous block, ensuring data immutability and transparency.

Today we will explore several ways to earn using the Blockchain:

Decentralized Finance (DeFi)

DeFi platforms leverage blockchain to provide traditional financial services like lending, borrowing, and trading without intermediaries. Users can earn interest by lending their cryptocurrencies or liquidity mining on decentralized exchanges.

Mining

Mining involves validating transactions and adding them to the blockchain. Miners are rewarded with cryptocurrencies for their computational efforts. However, mining has become more resource-intensive over time, requiring specialized hardware and substantial electricity.

Cryptocurrency Trading

Buying and selling cryptocurrencies on exchanges can yield profits through price fluctuations. Traders analyze market trends, news, and technical indicators to make informed decisions.

Staking

Staking involves participating in the consensus mechanism of blockchain networks by holding and locking up a certain amount of cryptocurrency. In return, stakers receive rewards for validating transactions and securing the network.

Non-Fungible Tokens (NFTs)

NFTs are unique digital assets representing ownership of digital or physical items. Artists, creators, and collectors can monetize NFTs by selling digital artwork, collectibles, virtual real estate, and more on NFT marketplaces.

Development

Skilled developers can capitalize on the growing demand for blockchain solutions by building decentralized applications (dApps), smart contracts, and custom blockchain protocols for businesses and organizations.

Tokenization

Tokenization involves converting real-world assets like real estate, art, and stocks into digital tokens on a blockchain. Investors can then trade these tokens on secondary markets, enabling fractional ownership and increased liquidity.

Content Creation and Curation

Blockchain-based platforms reward content creators and curators with tokens for producing high-quality content or engaging with existing content. This incentivizes community participation and fosters a vibrant ecosystem.

Blockchain technology offers myriad opportunities for individuals to generate income through trading, mining, staking, DeFi, NFTs, development, tokenization, and content creation. However, it's essential to conduct thorough research, understand the risks involved, and stay updated on the evolving regulatory landscape. By leveraging blockchain's decentralized and transparent nature, individuals can tap into new revenue streams and participate in the future of finance and technology.

In an age where our lives are intricately woven into the fabric of our smartphones, the threat of cell phone hacking looms larger than ever. From personal photos to sensitive financial information, our devices hold a treasure trove of data that hackers are eager to exploit. However, with the right precautions, you can fortify your mobile security and minimize the risk of falling victim to malicious attacks.

Today we will delve deep into cybersecurity and explore ways to protect yourself from cell phone hacking or infiltration.

Update Regularly

Keep your phone's operating system, apps, and security software up to date. Developers frequently release updates to patch vulnerabilities and strengthen defenses against emerging threats. Set your device to update automatically whenever possible to ensure you're always running the latest version.

Use Strong Passwords and Biometric 

Implement strong, unique passwords or passphrases to unlock your device and sensitive apps. Consider using biometric authentication methods like fingerprint or facial recognition for an added layer of security. Avoid using easily guessable patterns or PINs.

Enable Two-Factor Authentication 

Whenever available, enable two-factor authentication for your accounts. This adds an extra step to the login process, typically requiring a code sent to your phone or generated by an authenticator app. Even if a hacker manages to steal your password, they would still need access to your physical device to gain entry.

Beware of Public Wi-Fi

Exercise caution when connecting to public Wi-Fi networks, as they can be hotbeds for hackers. Avoid accessing sensitive information or logging into accounts while connected to unsecured Wi-Fi hotspots. Consider using a virtual private network (VPN) for added encryption and anonymity when browsing on public networks.

Install Anti-Malware Software

Invest in reputable anti-malware software designed specifically for mobile devices. These programs can detect and remove malicious software, including spyware and viruses, that may compromise your phone's security. Regularly scan your device for any signs of intrusion.

Be Wary of Phishing Attacks

Stay vigilant against phishing attempts, where attackers try to trick you into revealing sensitive information through fraudulent emails, texts, or calls. Avoid clicking on suspicious links or providing personal details to unknown sources. Verify the authenticity of communications from banks, retailers, or other organizations by contacting them directly through official channels.

Review App Permissions

Scrutinize the permissions requested by apps before granting access to your device's features or data. Limit permissions to only those necessary for the app's functionality. Be wary of apps that request excessive permissions or come from unknown developers, as they could be malicious.

Encrypt Your Data

Enable encryption settings on your device to protect your data from unauthorized access. Encryption scrambles your information, making it unreadable without the proper decryption key. Many smartphones offer built-in encryption features that you can activate in the device settings for added security.

Backup Your Data

Regularly back up your data to a secure cloud storage service or external device. In the event of a security breach or device loss, having backups ensures you can restore your information without significant loss or inconvenience.

Practice Smart Social Media Habits

Be cautious about the information you share on social media platforms, as hackers can use personal details to tailor phishing attacks or gain unauthorized access to your accounts. Review privacy settings to control who can see your posts and limit the visibility of sensitive information.

By implementing these proactive measures, you can significantly reduce the risk of falling victim to cell phone hacking and safeguard your digital identity. Stay informed about emerging threats and security best practices to stay one step ahead of cybercriminals in an increasingly interconnected world. Remember, when it comes to mobile security, an ounce of prevention is worth a pound of cure.

The launch of Byte Studios, marks a new epoch in the realms of Computer-Generated Imagery (CGI) and Visual Effects (VFX), Videography and Graphic Designs. This innovative venture is poised to revolutionize storytelling, filmmaking, and digital content creation by leveraging cutting-edge technology and creative excellence. Founded by a team of industry veterans, Byte Studios aims to push the boundaries of what's possible in digital visual arts, setting new standards for realism, creativity, and immersion.

At the heart of Byte Studios' mission is the development of advanced CGI and VFX capabilities that can seamlessly integrate with live-action footage, create lifelike animations, and generate entirely digital worlds that are indistinguishable from reality. By harnessing the latest advancements in artificial intelligence, machine learning, and photorealistic rendering, Byte Studios is not just about enhancing visual storytelling but transforming it.

Among the services Byte Studios offers, their portfolio includes character design, 3D modeling, motion capture integration, environmental creation, and post-production visual effects. Their state-of-the-art studio is equipped with the latest technology to facilitate the creation of high-quality digital content, catering to the needs of film producers, game developers, and advertisers who seek to captivate their audience with unparalleled visual experiences.

Early Projects and Collaborations

In its initial phase, Byte Studios has embarked on several high-profile projects, illustrating its capacity to handle diverse challenges across different genres and media. Collaborating with well-known filmmakers and studios, Byte Studios has contributed to a range of projects from blockbuster movies to immersive video games, showcasing their versatility and innovation in CGI and VFX. Through these collaborations, Byte Studios not only demonstrated its technical prowess but also established a reputation for creativity, efficiency, and reliability.

Future Vision and Impact

Looking toward the future, Byte Studios is committed to remaining at the forefront of technological advancements in the visual arts. This includes exploring virtual and augmented reality as new platforms for storytelling and entertainment. Their vision extends beyond just producing content; they aim to inspire and educate the next generation of artists and technicians in the CGI and VFX industry. By offering workshops, training programs, and internships, Byte Studios hopes to cultivate talent and foster innovation within the community.

Community Engagement and Sustainability Efforts

Byte Studios is not just focused on technological and creative achievements; they are equally committed to social responsibility and environmental sustainability. They have initiated programs to reduce their carbon footprint, promote diversity and inclusion within their team, and engage with the community through outreach and educational programs. By aligning their corporate practices with broader social and environmental goals, Byte Studios sets an example for the industry as a whole.

Bridging the Gap between Imagination and Reality

The launch of Byte Studios signifies a pivotal moment in the evolution of CGI and VFX, offering new avenues for creators to bring their visions to life. With a blend of artistic talent and technological innovation, Byte Studios stands at the cusp of a new era in digital storytelling. The potential for what can be achieved in terms of visual spectacle and narrative depth is boundless, promising audiences around the world experiences that were once inconceivable.

Byte Studios embodies the future of CGI and VFX, marking the beginning of a transformative journey in the entertainment and content creation spaces. Their commitment to excellence, innovation, and sustainability positions them as a beacon of progress in the visual arts community. As Byte Studios continues to evolve and expand its capabilities, the anticipation for their future contributions and the impact they will have on the industry and beyond remains high. The launch of Byte Studios heralds not just the start of a business but the dawn of a new era in the realm of CGI and VFX, forever altering the landscape of visual storytelling.

• Revolutionizing storytelling and filmmaking with cutting-edge CGI and VFX.
• Bringing lifelike animations and digital worlds to unprecedented levels of realism.
• Offering comprehensive services across character design, 3D modeling, and post-production effects.
• Contributing to high-profile projects and establishing a name for creativity and technical excellence.
• Advancing future technologies like virtual and augmented reality for immersive storytelling.
• Committing to social responsibility, diversity, and environmental sustainability.
• Inspiring and educating the next generation of visual arts professionals.
• Bridging the gap between imagination and reality for audiences worldwide.
• Stunning Graphic Designs that captures the audience with a little bit of flare.
• Outstanding Videography Services that have international class printed all over it.

As Byte Studios ventures forth, its journey symbolizes the incredible potential of CGI and VFX to transform the way we see, experience, and interact with digital content. The launch of Byte Studios is not only an achievement to be celebrated but also a glimpse into the future of visual arts, brimming with possibilities and uncharted territories waiting to be explored. Through their pioneering work, Byte Studios is set to redefine the horizon of digital storytelling and visual effects, propelling the entire industry into a new era of creativity and technological marvel.

The year 2024, unlocked new talents and progress in different fields for everyone out there working. This memo serves to announce to our partners and not forgetting our supporters that KineByte's® interests have diversified to media as well, with KineByte® Technologies acquiring 50% ownership of the Yung Nation Magazine. So from now on both KineByte and the Yung Nation brand will be in partnership for the release of the coming editions of The Yung Nation Magazine.

We are excited for this new journey and we are motivated to continue the great work that Yung Nation® was already doing. We are more than ready for the challenges ahead and we will keep working to deliver quality content. The next edition is already being worked on and is expected to be released soon which will be our first edition together.

Togetherness breeds success. We strongly agree that the year 2024 unlocked new talents and progress in your different fields of work. On behalf of YungNation   magazine team announces that they have been in partner with KineByte Technologies to give birth to editions. 

With everything that has been concurring, we can safely say the YungNation crew is at its former glory. 

Cross_pollinated ideas thus have been contributive and it would be a societal fallacy to leave our very own subscribers and readers who kept their hope in us at rock bottom.

The House will be delivering it's edition before valentine mind checking it out on our Facebook,Instagram or Twitter as YungNation magazine

You're truly missing out if you don't pick this one up to read

NICK MASAITI

263779357056

+263 78 613 9635

www.kinebyte.com

Once again thank you and stay blessed.

Follow our channel for more updates:

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Great news! KineByte has completed the upgrading and maintenance of a system of our huge client Saml Financial Institute and the SAML WebApp is back bigger and better. Are you Having financial troubles this January?, get a short term loan of as much as USD500. The online platform was going through system upgrades and changes which were completed on the 20th of January 2024. Your financial freedom is one click away. The AI Catherine assistance is currently offline going through maintenance and restructuring because we have been outsourcing its API from 3rd party providers so don’t use it yet. It’s active but it doesn’t work as intended, it’s still slow and doesn’t allow users to type in questions, we hope to complete it in the coming days. Stay tuned… 

Follow our channel for more info on the update:

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Previous versions of the Accountee Software were released in Beta Versions for developers only, with the software going through various tests and upgrades.

 Accountee seeks to be a direct replacement to the sage pastel Accounting software since the Sage Pastel pulled support in Zimbabwe and is crushing in several organisations.

Accountee has the features you want and the simplicity you need. Beautifully designed for best User Interface and User Experience. Get the best software – with affordable, scalable business software. With innovative ways to manage customers data, communicate with customers , know your business cashflow, net worth, send quotations and invoices to customers with ease only a single click payment reminder, payment confirmations and get paid online integrated with payment gateways such as Paypal, Stripe, Braintree e.t.c.

The future versions of Accountee will incorporate AI in order to help with the workload and increase productivity. Where a company previously needed 6 accountants to do a task in 2 days, with AI the will need just 1 or 2 accountants and less than 2 hours thereby increasing productivity and output many times fold. Sure it may have a downside in employment rates but those other accountants could be used in other fileds expanding branches in organisations thus still a win win for everyone.

Accountee will have a wide range of features not available on Pastel, with the software seeking to capitalize on this AI race.

Clients of this software will be offered 5 year licences as opposed to the initially proposed lifetime licenses. Training will be offered on how to use the Accountee software given it's a 2 in 1 software not just an accounting software but is so much more. 24/7 support will also be offered to help with any issues that may arise.

The software will fully be accessible from September 2023 onwards and will be available for purchase on kinebyte.com or you can use the e-mail: info@kinebyte.com to get information on how to purchase and use the software.

Features of Complete CRM Accounting and Billing Software

• Contact Management
• Contact Activity
• Contact Profile with Image
• Send Email directly from Portal
• Full Featured Ajax Quick Invoicing
• Create Recurring Invoice
• Send Invoice Payment Reminder & Payment Confirmations
• Collect Payments with Payment Gateway
• Track Income, Expense
• 8 Reporting Tools
• Beautiful Dashboard for quick snapshot for your Business
• Logs for Audit
• Supports Multiple Users
• One Click Database Backup
• Optimized for best performance
• Tested by generating millions of random transactions
• Supports to send email using SMTP
• Customizable Email Templates
• Tag in Customer Accounts, Transactions etc.
• Contacts, Customer Notes
• Email Message Log
• And Many More...

System Requirements

• Linux / Windows / Mac OS
• PHP Version 7+
  • Both PDO & MySQLi Support
  • GD2 Image Library
• MySQL Version 5.7.x or above

The software will be a standalone installer. You can request for a demo on our website: www.kinebyte.com and subscribe to our newsletter so that you don't miss out on updates.

AI has taken over the world by storm with nearly 80% of the tech industry leaning towards it's widespread use. This has prompted us to join the race and launch our new AI Bot called Catherine.

AI Catherine has been in the beta stage for a while now but it's ready to roll out on a few platforms. It passed tests on our site and will be in circulation starting next week Monday 17 July 2023 despite being officially released on 11 July.

AI Catherine will be limited only to specific products that is products exclusively made by Kine Byte Technologies. It will be available for free on websites and softwares we make. Those who have products we already made can simply request for integration. AI Catherine will help chat with clients on your behalf and guide clients through the website or software.

Users can enter their names at the first time of conversation to familiarise them with the AI Catherine so that it will deliver customized and specific content which satisifies your taste. Catherine is proficient in French, English, Chinese, Spanish, Portuguese, Afrikaans and Shona but Shona is still having issues in translating so it might not be as fluent or fully functional.

In the business the realm we say , “the bubble has burst” simply meaning the hype and the idea or potential business behind a certain concept has died. The E-creator frenzy has come to an abrupt close leaving thousands of our brothers and sisters in dismay with all their hard earned cash gone in a carefully orchestrated scam. 

It has come to our attention that most of the population need to be educated in order to be aware and know how to spot a Pyramid or a Ponzi scheme. Today we take a deeper look into who is Zhao Jiaotang?, What is a Pyramid scheme?, What is a Ponzi scheme?, How to Spot a Pyramid or a Ponzi Scheme?. Ladies and gentlemen let’s sympathize with our brothers and sisters who lost out to this E-Creator Fraud because the loss impacts lives differently. 

Now the dust has settled the promised 7 or 8 July dates for the resumption of withdrawal option has passed, it’s now clear that they E-Creator participants have been robbed of their hard earned money. To further solidify this sentiment or situation to the still doubting Thomas’ who still had hope that E-Creator could still come back as promised, their website is no longer functional and their app followed through moments later. With economic times hard on the citizens such an opportunity would easily persuade people to join in the hope of making money and changing lives so we can’t blame the masses for trying their luck but try to hold the perpetrators accountable for their cruel actions.

 It’s really sad and unfortunate that many scams of this nature have been in play in our country for many years before and almost every time the money always ends up disappearing without anyone to be held accountable. The media on their part have not done enough to provide enough coverage and help unearthing of these scams taking place in our country.  I think to solve this issue they had to first apprehend admins and directors pushing these scams.

 Some recent schemes that have taken place in Zimbabwe: 

Beven Capital, involved in a US$17,823,000 scam of 2,000 people and the chief suspects are on the run 

Bitcoin Interchange Zimbabwe where 43 people reported being swindled of US$765,935. 

Elamant Global swindled “investors” of US$80,000 and R150,000

 Manifest Global Marketing is accused of ripping off 902 people of US$1,500,000 

Eaul Peter Capital’s scheme robbed 600 people of US$843,000

 Madzimai Akarongeka made off with US$23,300 KDW Investments defrauded 1,590 people of US$192,000 

Cryptal Shares allegely swindled 5 people of US$5,000

Just mention a few

 CHAPTER 1: Who is Zhao Jiaotang? 

hao Jiaotang is dubbed the founder and owner of the so called  E-creator. He is said to be a Chinese international and is allegedly on the run with over a million dollars from the E-Creator scam. 

Before we go any further into Zhao Jiaotang, Let’s take you back a bit so you really understand. Firstly, when a foreigner wants to create a company in Zimbabwe they have to go through the registration process and it would require different things depending on the type of business you want to do but the is one common thing in doing so regardless of the type of path you choose, there has to be ordinarily a resident (has to have an address in Zimbabwe) of Zimbabwe in the top positions for example a private limited company has to have at least to directors and a maximum of 50 directors and among those directors one has to have an address in Zimbabwe although he/she can be of any Nationality. 

The people at the join might try to pin and blame all this on the mystery of Zhao Jiaotang who we had never heard of until now putting the whole situation into doubt. In my opinion those who are left behind knew exactly what’s going on if this story of Zhao Jiaotang is to be believed or the big question is did he really exist?  

Zhao Jiaotang sounds made up, just at the right time when everyone has lost everything he is revealed as the mastermind behind the scam and blame everything on him. With it’s buzz and success surely he had to get media coverage before all this mess unfolded, in silicon valley this is what they would call a unicorn simply referring to a successful fast growing business. Instead not a single word bout him was uttered until the whole thing has shuttered. 

Given the Ecocash story they were spinning about the withdrawals made by Zhao Jiaotang , it doesn’t make sense in the slightest and it makes us doubt the existence of Zhao Jiaotang even more… Well during the time they claim Zhao Jiaotang was withdrawing funds into his personal accounts, the amounts stated don’t add up given Ecocash has withdrawal limits on USD wallets. An individual can send or withdraw a maximum of $500 USD per transaction and can have such transaction only 4 times a month basically meaning you can only withdraw $2 000 USD per month. Their statement said Zhao Jiaotang sent company funds to his personal account and proceeded to withdraw the money which is said to be over millon dollars. It would have taken him approximately 41 years to withdraw a million and given E-Creator on lasted a few months it all doesn’t add up.

 Even if he had to send it to other agents to withdraw the money on his behalf like their press release stated it still wouldn’t have worked because the cap we mentioned before affects transfer the same way it affects withdrawals. To further contradict their press release Ecocash also has a cap on how much money you can hold into your Ecocash account, which is $20 000 USD so how can you steal a million dollars using Ecocash. It all doesn’t add up and anyone with common sense can see that this is just a lie. When the withdrawal issue began we knew all was going downhill from there but what surprises me given how popular this scam had become was the relevant authorities still unaware?, we don’t know what to think.

 But the silver lining is there are names and faces of people who paraded themselves as bosses of the company. Justin Kuchekenya was the CEO and Abraham Matambu was one the first and is on record in interviews promoting the scam which defrauded many and could potentially impact lives. For a start I think the relevant authorities can get these 2 to tell us where is Zhao Jiaotang?, if he really exists? Or at least point us int the right direction.  

Chapter 2: What is a Pyramind SchemeWhat's the Difference Between a Ponzi Scheme and a Pyramid Scheme? 

A Ponzi scheme is a mechanism to attract investors with a promise of future returns. The operator of a Ponzi scheme can only maintain the scheme as long as new investors are brought into the fold. On the other hand, a pyramid scheme recruits other people and incentivizes them to further bring along other investors. A member within a pyramid scheme only earns a portion of their proceeds and is "used" to generate profit by members higher along the pyramid. The Pyramid Scheme A pyramid scheme is a common type of fraud where members make money by recruiting more people to buy in. 

Typically the founder solicits an initial group of people to buy in and promote the scheme, they are then encouraged to recruit others and promised part of the money those newbies invest while the founder also takes a share. The pattern repeats for each group of new participants with money from recent arrivals funneled to those who recruited them. As a pyramid scheme grows it becomes increasingly difficult for new recruits to make money, that’s because the number of participants expands exponentially.

 For example a pyramid structure where each person has to recruit 6 people to earn a profit. The founder recruits 6 people to start and each of them recruits 6 more with 36 people in this round of recruits who then each recruit 6 people to make a total of 216 new recruits. By the twelfth round of recruiting over 2.1 billion recruits would have to recruit over 13 billion more people total to make money, more than the entire world population. In this scenario the most recent recruits , over 80% of the scheme’s participants lose all the money they paid in. 

And in real life situations even those who join early lose out too because they let their money circulate in the scheme in the hope of making more. Pyramid schemes are illegal in most countries for obvious reasons, not only do they defraud unsuspecting citizens but also affect the currency in circulation which in turn would have a negative economic impact. 

This said well orchestrated pyramid schemes can be difficult to detect simply because they are presented as many different things. They just change names and business models but the concept is the same. It could be gifting groups, investment clubs but the most difficult one illegitimate/illegal Multi-Level Marketing (MLM) businesses. The distinction between pyramid schemes and Legitimate Multi-level Marketing can be particularly be hazy. 

In theory the difference is that the members of legitimate multi-level marketing companies primarily earn compensation from selling a particular product or service to retail customers, while pyramid schemes primarily compensate members for recruitment of new sellers or participants. In practice, though many Multi-Level Marketing companies make it all but impossible for member to profit purely through sales. Many pyramid schemes disguise themselves as a legal Multi-Level Marketing business using a product or service to hide the pay and recruit structure. Many pyramid schemes also capitalize on already existing trust within churches, immigrant communities or other tightly knit groups. 

First few members are encouraged to report a good experience before they actually start making profits , others in the network follow their example and the scheme expands before it becomes clear that most members are not profiting. Often the victims are embarrassed into silence. Pyramid schemes entice people with the promise of opportunity and empowerment. So when members don’t end up making money they can blame themselves rather than the scheme, thinking they weren’t tenacious enough to earn the returns promised. Some victims keep trying investing in multiple schemes and losing money each time. 

Chapter 3: What is a Ponzi Scheme? 

To begin with the man himself the one who started the Ponzi schemes, Charles Ponzi. His deception was so infamous that even now, a hundred years later, the scam still shares his name – the Ponzi Scheme. He ruined lives of thousands during his time with him being able to convince thousands of people to give them their money based on lies. A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers. Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.

 KEY Points 

• The Ponzi scheme generates returns for older investors by acquiring new investors, who are promised a large profit at little to no risk.
• The fraudulent investment scheme is premised on using new investors' funds to pay the earlier backers.
• Companies that engage in a Ponzi scheme focus their energy into attracting new clients to make investments, otherwise their scheme will become illiquid.
• The largest Ponzi scheme was carried out by Bernie Madoff, conning thousands of investors out of billions of dollars.

 Understanding Ponzi Schemes 

A Ponzi scheme is an investment fraud in which clients are promised a large profit at little to no risk. Companies that engage in a Ponzi scheme focus all of their energy into attracting new clients to make investments. This new income is used to pay original investors their returns, marked as a profit from a legitimate transaction. Ponzi schemes rely on a constant flow of new investments to continue to provide returns to older investors. 

When this flow runs out, the scheme falls apart. Origins of the Ponzi Scheme The term "Ponzi Scheme" was coined after a swindler named Charles Ponzi in 1920. However, the first recorded instances of this sort of investment scam can be traced back to the mid-to-late 1800s, and were orchestrated by Adele Spitzeder in Germany and Sarah Howe in the United States.

 In fact, the methods of what came to be known as the Ponzi Scheme were described in two separate novels written by Charles Dickens, Martin Chuzzlewit, published in 1844 and Little Dorrit in 1857. Charles Ponzi's original scheme in 1919 was focused on the US Postal Service. The postal service, at that time, had developed international reply coupons that allowed a sender to pre-purchase postage and include it in their correspondence. 

The receiver would take the coupon to a local post office and exchange it for the priority airmail postage stamps needed to send a reply. Ponzi schemes rely on a constant flow of new investments to continue to provide returns to older investors. 

This type of exchange is known as an arbitrage, which is not an illegal practice. But Ponzi became greedy and expanded his efforts. Under the heading of his company, Securities Exchange Company, he promised returns of 50% in 45 days or 100% in 90 days. Due to his success in the postage stamp scheme, investors were immediately attracted. Instead of actually investing the money, Ponzi just redistributed it and told the investors they made a profit. The scheme lasted until August of 1920 when The Boston Post began investigating the Securities Exchange Company. 

As a result of the newspaper's investigation, Ponzi was arrested by federal authorities on Aug. 12, 1920, and charged with several counts of mail fraud. In November 1920, Ponzi was sentenced to five years in prison.

Madoff and the Largest Ponzi Scheme in History

 The concept of the Ponzi scheme did not end in 1920. As technology changed, so did the Ponzi scheme. In 2008, Bernard Madoff was convicted of running a Ponzi scheme that falsified trading reports to show a client was earning a profit on investments that didn't exist. Madoff promoted his Ponzi scheme as an investment strategy called the split-strike conversion that utilized ownership of S&P 100 stocks and options. Madoff would use blue-chip stocks which have highly accessible historical trading data which he could back into to falsify his records. Then, falsified transactions that never occurred were reported to yield the desired periodic return. During the 2008 Global Financial Crisis, investors began to withdraw funds from Madoff's firm, exposing the illiquid nature of the firm's true financial picture. Madoff stated that his firm had approximately $50 billion of liabilities owed to approximately 4,800 clients. Sentenced to 150 years in prison with forfeiture of assets of $170 billion, Madoff died in prison on April 14, 2021. Ponzi schemes can be carried out over decades. 

Investigators suspect Madoff's Ponzi scheme was started in the early 1980's and lasted over 30 years.Ponzi Scheme Red Flags Regardless of the technology used in the Ponzi scheme, most share similar characteristics. The Securities and Exchange Commission (SEC) has identified the following traits to watch for: A guaranteed promise of high returns with little risk A consistent flow of returns regardless of market conditions Investments that have not been registered with the Securities and Exchange Commission (SEC) Investment strategies that are secret or described as too complex to explain Clients not allowed to view official paperwork for their investment Clients facing difficulties removing their money 

What Is an Example of a Ponzi Scheme? 

Imagine a very basic example where Cain promises 10% returns to his friend Alex. Alex gives Cain $1,000 with the expectation that the value of the investment will be $1,100 in one year. Next, Cain promises 10% returns to his friend Christine. Christine agrees to give Cain $2,000. With $3,000 now on hand, Cain can make Alex whole by paying him $1,100. In addition, Cain can steal $1,000 from the collective pool of funds if he believes he can get future investors to give him money. For this plan to work, Cain must continually get money from a new client in order to pay back older ones.

 Why Is it Called a Ponzi Scheme? 

Ponzi schemes are named after Charles Ponzi, a 1920's businessman who successfully persuaded tens of thousands of clients to invest their funds with him. Ponzi's scheme promised a specific amount of profit after a specific amount of time through the purchase nd sale of discounted postal reply coupons. Instead, he was using new money invested to pay off old obligations.

 Chapter 4: How to spot a Pyramid/Ponzi scheme 

The SEC has identified a few traits that often signify a fraudulent financial scheme. It is important to understand that almost all types of investing incur some level of risk, and many forms do not carry with them guaranteed profits. 

• Time Pressure -This is a clear red flag Be wary of directives to “act now or miss a once in a lifetime opportunity”
• Unrealistic Returns - If anything would be obvious it would be this, Promises of large, life altering amounts of income are also a suspect.
• Require Payment - You shouldn’t be required to pay for the opportunity to sell a product or service unless you are buying products first for retail which is known as hoarding.

 Investments that have not been registered with the Securities and Exchange Commission (SEC) Investment strategies that are secret or described as too complex to explain Clients not allowed to view official paperwork for their investment Clients facing difficulties withdrwaing their money

 Signs E-Creator was a scam 

• First of all the domain name of their website was e-creatoerzw.com but the company was called e-creator. So you ask yourself why was the domain name wrongly spelt and why include a zw in the domain name itself if they wanted it to be purely Zimbabwean why not go for e-creator.co.zw. Some might have agued that they may have made a mistake in ordering the domain name because once ordered a domain name can’t be changed but why not order a new one domain name a very very cheap, it all seemed very fishy.
• Payment to get in – well another obvious sign was payment to get in. How can one pay to get into a job yet you are looking to get paid. Take this scenario you go to Econet then they tell you pay a certain amount so that we can employ and one can be promoted depending on the amount you paid and what was the VIP 1, 2 , 3 e.t.c classifications it was clear as day that it was a strategy for you to put more money. Take note there are programs that make you pay membership fee their difference with ponzi/pyramid schemes is they are making you pay to get exclusive access or belong to a group and they clearly tell you it’s not an investment that’s very legal. Know how to differentiate.
• Referrals – well this was another red flag, usually businesses rewarding referrals directly with money of those who referred is obviously a suspect. Yes sure some companies may reward positive feedback or referrals but not in a manner that E-Creator was doing, get a piece of the money the person you referred has invested.
• Unclear Business plan – well how can you be paid to rate a product or fake buy products and leave fake reviews. Money is not that easy, you have to work to earn. First business is an enterprise selling a Product or a Service or both, and if there is no clear product or service being sold just know you are the product or service and it should be a red flag in your. E-Creator had no clear business plan and they had no clear product or service they were selling where would you think their revenue to reward participants with such amounts was coming from.

 Conclusion

 Let’s sympathize with our brothers and sisters who lost out to E-Creator. Pyramid of Ponzi schemes can be incredibly destructive to individuals, communities or even entire countries but we can minimize the effects by sharing this pdf to help educate others. We hope to create more content and educate the Masses. Subscribe to our newsletter on the website footer to stay ahead and updated.

Download the pdf below and share with family and friends to protect them from Scams like the ones mentioned above.

A few weeks back KineByte announced the intention to launch and test out an online platform for B2B and B2C buying and selling dubbed Impulse.

For those of you who had not seen the pdf in circulation we are going to briefly explain to you what Impulse is and how it works before getting into the topic of the day. You can get the pdf on the folling link :

https://www.kinebyte.com/kinebyte-archives

What is Impulse?
Impulse is an online hub for B2B (Business to Business) and B2C (Business to Customer) platform
for buying and selling an legal products or services. The Impulse will work similarly to silk Road,
Amazon, Alibaba and many other e-commerce online places with only 1 big difference which will
be covered later. Impulse will consist of Business owners selling the product or service to other
businesses or clients and obviously the most important of all, the clients actually buying on the
platform. The platform will work all over the country.

KineByte is looking to hire other experts to help this project to come to fruition. There is a total of 5 experts who are wanted, 2 Back-end Developers , 2 Front-End Developers and 1 Content and Marketing Manager.

Back-End Developers will be responsible for developing the backend end of the site it self to developing and linking the database that will be managing and tracking stock.

Front-End Developers will be responsible for the designing and implementation of the interface of the site. The will design the GUI which is one of the most important parts of the site.

The Content and Marketing Manager will be responsible for the managing of content in the database and general marketing of the platform.

You can heard over to https://www.kinebyte.com/careers to get more information on this.

Wish you all the best of luck.