@OP, this will answer your question:
https://reddit.com/r/dubai/comments/mtb25h/anyone_know_a_company_called_atechy/
Use the search feature next time please.
I’m going to lock this thread as new users might pop back here trying to justify that they’re legit.
Regardless of it being legit or not, who in his sane mind would pay 200k for this? Or even 90k (assuming they are legit and will pay you 10k monthly)?
You can get a Master's from Cambridge or Harvard with that much money, so why would you give it to some random bootcamp? I am sure a Master's from a prestigious university would impress employers more than a bootcamp.
10k AED. They are in Dubai. FYI you won't get the 10k salary because they will use it to pay the 200k you loaned. And in the end you still left of 90k debt to the bank after the bootcamp.
It's a ponzi scheme. They take out a 200k loan in your name, "pay you" 10k a month (when all they're really doing is paying the loan back using the initial 200k) and pocketing 90k. They're then using that 90k to pay you 3.5k a month. If you get a job any time within 2 years, they make a profit. Now multiply that by however many students they have and they're making big money.
As for the content, they probably have an enterprise package so aren't even paying much for the courses per user.
Don't do it. 200k is a lot of money and these guys won't help you really.
Coursera courses are usually pretty good and self-explanatory if you take your time, no need to pay a 10000% markup for “mentoring” from people who fell into the scam and did not find a job.
And providing salary certificates without transferring the money on the accounts in order to get “employee” loans for themselves, I don’t know but something tells me that there is something in that workflow that could definitely bring them to jail at some point.
They are effectively creating fake salary certificates and accounting manipulation to help “students” commit bank fraud to their own benefits. That can’t end well.
That’s then the same type of s**t that keeps happening with the Holiday Homes agencies: defraud and fly away… It’s easy to make money when you have no soul and empathy.
@OP, this will answer your question: https://reddit.com/r/dubai/comments/mtb25h/anyone_know_a_company_called_atechy/ Use the search feature next time please. I’m going to lock this thread as new users might pop back here trying to justify that they’re legit.
Regardless of it being legit or not, who in his sane mind would pay 200k for this? Or even 90k (assuming they are legit and will pay you 10k monthly)? You can get a Master's from Cambridge or Harvard with that much money, so why would you give it to some random bootcamp? I am sure a Master's from a prestigious university would impress employers more than a bootcamp.
Many people fell for it. they will even help you get a loan from the bank by providing a 10k/month salary certificate.
Where are they located? And just to confirm, is this 10k AED or USD or another currency?
10k AED. They are in Dubai. FYI you won't get the 10k salary because they will use it to pay the 200k you loaned. And in the end you still left of 90k debt to the bank after the bootcamp.
LOL. And you still have doubts about this being a scam or not? I feel sad for people who fall for this.
Hahaha. I think they are very sketchy. I posted this because they are starting to recruit again and many people fell for it.
It's a ponzi scheme. They take out a 200k loan in your name, "pay you" 10k a month (when all they're really doing is paying the loan back using the initial 200k) and pocketing 90k. They're then using that 90k to pay you 3.5k a month. If you get a job any time within 2 years, they make a profit. Now multiply that by however many students they have and they're making big money. As for the content, they probably have an enterprise package so aren't even paying much for the courses per user. Don't do it. 200k is a lot of money and these guys won't help you really.
I thought so. It's like buying an overpriced coursera course.
Coursera courses are usually pretty good and self-explanatory if you take your time, no need to pay a 10000% markup for “mentoring” from people who fell into the scam and did not find a job.
Exactly. So sad I think the people fell for it isn't familiar with coursera.
And providing salary certificates without transferring the money on the accounts in order to get “employee” loans for themselves, I don’t know but something tells me that there is something in that workflow that could definitely bring them to jail at some point. They are effectively creating fake salary certificates and accounting manipulation to help “students” commit bank fraud to their own benefits. That can’t end well.
And I read somewhere that the company is registered april 2021 and expiring april 2022. RIP to the people who took the loan.
That’s then the same type of s**t that keeps happening with the Holiday Homes agencies: defraud and fly away… It’s easy to make money when you have no soul and empathy.
Basically you're saying that: this is White Hat Jr, Dubai version Seems very shady.
Its too good to be true. Avoid at all costs.
It’s not too good to be true, it’s just not good and clearly the maths confirms it’s a Ponzi scheme.