Category: Reviews

  • ShareTheWinnings Review: Scam Or Legit? | Recover Lost Funds

    ShareTheWinnings Review: Scam Or Legit? | Recover Lost Funds

    Summary

    ShareTheWinnings has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Exitus Elite. We’ve received over 6 complaints against ShareTheWinnings.

    ShareTheWinnings, owned by Jeremy Duncan, is a series of failed MLM ventures, including M80 Advertising and The Rocket Recruiter. My Traffic Powerline, the subsequent iteration, crashed in Q4, 2023, casting question on ShareTheWinnings’ future. Lack of regulation indicates a possible scam, leaving victims with no recourse. The MLM scheme, which only promotes affiliate memberships, levies a $20 upfront cost and a $60 monthly subscription. Duncan’s questionable track record, declining traffic trends, and pyramid-like structure all present considerable dangers. Victims should exercise caution and explore chargebacks as a viable means of recovering funds. Always check companies’ validity and regulatory compliance.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    ShareTheWinnings is a gaming-focused MLM enterprise owned by Jeremy Duncan. Duncan lives in Indiana, according to his Facebook profile. The company’s history includes the introduction of M80 Advertising in early 2023 and The Rocket Recruiter in April/May 2023. Notably, both M80 Advertising and The Rocket Recruiter are characterized as MLM pyramid scams that include advertising and digital products.

    Unfortunately, both M80 Advertising and The Rocket Recruiter failed shortly after their first launches. In response to these losses, Jeremy Duncan announced the introduction of My Traffic Powerline in August 2023. However, SimilarWeb website traffic analysis shows that My Traffic Powerline collapsed in Q4, 2023.

    During its peak in September 2023, My Traffic Powerline’s website received around 860,000 monthly views. However, by November 2023, this figure had dropped significantly to roughly 166,000. These developments raise concerns regarding the viability and success of ShareTheWinnings’ endeavors under Jeremy Duncan’s leadership.

    Homepage of ShareTheWinnings


    The lack of regulation or the presence of poor regulation is a huge red flag. It means ShareTheWinnings is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of ShareTheWinnings, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    ShareTheWinnings does not provide physical products or services for sale. Affiliates are restricted to advertising ShareTheWinnings’ affiliate membership as their sole marketable offering.

    To become a ShareTheWinnings affiliate, individuals must pay a $20 initial charge, followed by a $60 monthly fee. Commissions are made through the recruiting of affiliates who follow the same payout system.

    Referral Commissions:

    Affiliates get a $20 referral commission for every new affiliate they recruit. These commissions are paid out monthly as long as the recruited affiliates continue to pay the $60 monthly fee.

     ShareTheWinnings


    ShareTheWinnings uses a 3×10 matrix for residual commissions. Affiliates are at the top of the matrix, with three spots immediately behind them constituting the first level. This arrangement continues for ten layers, with commissions totaling 60 cents per affiliate per month in the matrix.

    Affiliates receive a 5% check match bonus for ten generations of recruited affiliates.

    To become an associate of ShareTheWinnings, consumers must pay a $20 initial charge and commit to a monthly payment of $60.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like ShareTheWinnings tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust ShareTheWinnings reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of ShareTheWinnings, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like ShareTheWinnings enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “ShareTheWinnings reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising ShareTheWinnings.

    ShareTheWinnings reviews coverage


    You should always look out for consumer complaints. In the case of ShareTheWinnings, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about ShareTheWinnings? You can share your complaint in the comment section or submit an anonymous tip.

    M80 Advertising, The Rocket Recruiter, and My Traffic Powerline, affiliated with ShareTheWinnings, use a recycled script purchased from Automatic Web Software. The designer, Jim Symonds, emphasizes their competence in MLM software, including multiple setups. ShareTheWinnings, portrayed as a lottery-related MLM, is identified as a different version of the same script.

    Affiliates are needed to choose Mega Millions lottery numbers on a monthly basis. It is unknown whether the corporation actually purchases tickets, but if they win, affiliates receive 10% of the proceeds, which are divided throughout nine layers of recruitment. This lottery syndicate association, however, does not relieve the pyramid scheme of legal ramifications.

    ShareTheWinnings may be in violation of the FTC Act because it does not offer any retail products or services. As is characteristic of MLM pyramid schemes, commissions fall as recruiting declines.

    Annual membership holders may remain locked in, but monthly subscriptions will end as commissions fall, eventually leading to ShareTheWinnings’ demise. Given Jeremy Duncan’s track record with prior pyramid scams, the lifespan appears to be limited, with the bulk of members suffering severe losses.

    ShareTheWinnings is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind ShareTheWinnings can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust ShareTheWinnings?

    All the evidence suggests that ShareTheWinnings is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • Exitus Elite Review: Scam Or Legit? | Recover Lost Funds

    Exitus Elite Review: Scam Or Legit? | Recover Lost Funds

    Summary

    Exitus Elite has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to At Cost Metals. We’ve received over 4 complaints against Exitus Elite.

    Exitus Elite, supposedly owned by Paul Stevenson, is a multi-level marketing (MLM) gifting system that offers multiple tiers with increasing fees. Stevenson’s career includes questionable companies such as Prosperity Cash Machine and several rebrandings of Exitus Elite. Lack of regulation raises red flags, leaving victims with no recourse. The compensation model is built on a pyramid structure, with members earning only on the tiers they directly purchased. Exitus Elite’s history, traffic volatility, and reliance on a gifting model point to a potential scam. The lack of regulation and oversight jeopardizes participants’ assets. Always look into a company’s validity, leadership transparency, and regulatory status.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    According to the official Exitus Elite website, Paul Stevenson is the proprietor. According to his Facebook profile, Stevenson is from Brighton, UK, and is expected to handle Exitus Elite operations from here.

    Based on his company biography on the Exitus Elite website, Paul Stevenson has over 25 years of experience in sales and home-based businesses, establishing himself as an expert in the field of online revenue production. After working in both corporate and distributor/affiliate jobs, Stevenson turned his focus to “High Ticket” companies, motivated by a desire for great financial success.

    Stevenson created Exitus in 2014, while living in Florida, and positioned it as a dynamic online potential for high income. However, it’s worth noting that the Exitus Elite website domain was registered on February 26th, contradicting the claim that the company was founded in 2014. This disparity is explained by the fact that Exitus Elite began as Exitus Network, a cash gifting program ranging from $500 to $12,000. Currently, Exitus Network redirects to “exituslifestyle.com,” which only has an affiliate login form.

    Homepage of  Exitus Elite


    Prior to starting Exitus Network, Stevenson co-owned Prosperity Cash Machine, a site where affiliates paid $175 for matrix jobs and earned commissions through recruitment. Following the apparent failure of Exitus Network in 2014, Stevenson renamed it Exitus Elite.

    Exitus Elite collapsed in 2017, prompting Stevenson to launch Exitus 500. However, this enterprise was short-lived, leading to a subsequent rebranding as Exitus Elite 2018. The details of this renaming are unclear, but Stevenson eventually reverted to Exitus 500, which looks to be defunct. The most recent reversion appears to be to Exitus Elite, which might be Stevenson’s sixth attempt to resurrect and sustain the venture, providing the current iteration is maintained.

    The lack of regulation or the presence of poor regulation is a huge red flag. It means Exitus Elite is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of Exitus Elite, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    Exitus Elite uses a five-tier gifting model as the cornerstone of its compensation plan:

    1. G100 ($100)
    2. G250 ($250)
    3. G500 ($500)
    4. G1000 ($1000)
    5. G2000 ($2000)

    Affiliates use a 1-up gifting model, in which they pass up their first gifting payment on each tier to their upline. These giving payments are made possible by directly recruited Exitus Elite affiliates. The MLM component combines the 1-up pass-up paradigm with a “pay to play” structure.

      Exitus Elite


    Notably, affiliates can only receive compensation for the highest tier they personally purchased. For example, if an affiliate is in the G500 tier, they can only earn up to $500 for each gifting payment made by their recruits. The remaining money is subsequently passed on to the first-tier qualifying affiliate in their upline.

    Here’s an example to clarify the process:

    Exitus Elite supports fractional gifting payments, allowing affiliates to move up tiers by making partial contributions. For example, a G250 affiliate can upgrade to G1000 by paying the $750 difference, with the reduced gifting payment based on the 1-up model and the necessary upline tier qualification.

    To become an Exitus Elite affiliate, individuals must pay an administrative charge as well as a gifting payment. The platform offers five gifting tiers, each with particular fees:

    • G100: $49 admin fee and $100 gifting payment.
    • G250: $99 admin charge and $250 gifting payment.
    • G500: $199 admin fee and $500 gifting payment.
    • G1000: $299 admin fee and $1000 giving payment.
    • G2000: $399 admin fee and $2000 gifting payment.

    Upon enrolling, affiliates select their chosen tier, which determines their eligibility for gifting payments under the Exitus Elite compensation plan.

    Exitus Elite’s illicit gifting system continues, with its intrinsically exploitative “pay to play” framework. The possibility to bypass many affiliates and climb to more lucrative levels emphasizes the pyramid-like nature of the operation.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like Exitus Elite tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust Exitus Elite reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of Exitus Elite, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like Exitus Elite enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “Exitus Elite reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Exitus Elite.

    KEYWORD reviews coverage


    You should always look out for consumer complaints. In the case of Exitus Elite, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about Exitus Elite? You can share your complaint in the comment section or submit an anonymous tip.

    The presence of numerous digital products combined with giving payments, such as ebooks, audio interviews, and video courses, has no effect on the business model’s essentially illegal nature. The primary issue is Exitus Elite’s designation as an MLM gifting program, which is destined to operate as a pyramid scheme.

    As the recruiting stream dries up, so will the gifting payouts, which is a usual fate for all MLM gifting plans. The primary benefactors of such models are consistently the top recruiters and administration, as demonstrated by Paul Stevenson, who not only receives gifting money through administrative positions but also gains from admin fees on every tier payment made by Exitus Elite affiliates.

    SimilarWeb’s analysis of Exitus Elite’s internet presence revealed a relatively low amount of website visitors in September 2023. The ensuing big surge in traffic in October, most likely due to spamming operations, drew additional attention and examination.

    However, by November 2023, the website had witnessed a 30% drop in traffic, indicating probable instability. While the exact trajectory in December remains unknown, the long history of a gifting system as entrenched as Exitus Elite makes its rebirth unlikely.

    Crucially, the underlying arithmetic of MLM gifting schemes ensures that the majority of participants would suffer financial losses, exacerbating the inherent hazards of such undertakings.

    Exitus Elite is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Exitus Elite can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust Exitus Elite?

    All the evidence suggests that Exitus Elite is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • At Cost Metals Review: Scam Or Legit? | Recover Lost Funds

    At Cost Metals Review: Scam Or Legit? | Recover Lost Funds

    Summary

    At Cost Metals has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Alyx Union. We’ve received over 6 complaints against At Cost Metals.

    At Cost Metals, there is a lack of openness regarding ownership, as well as the use of AI avatars and promotional films. The lack of control indicates potential illegitimacy, increasing the risk of scams. The remuneration plan, which includes membership fees and recruitment commissions, raises worries about pyramid-like organizations. Victims have limited redress due to a lack of regulation and watchdog inspection. Caution is urged, given the usual strategies employed by scammers to appear credible. The similarities with Preservation of Wealth point to potential regulatory problems, emphasizing the hazards involved with unregulated businesses such as At Cost Metals.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    At Cost Metals’ website lacks openness regarding ownership and executive information. When you visit the site, you’ll notice a simple homepage design with items like an affiliate signup link, AI avatar-hosted marketing films, PDF presentations, and metal pricing.

    The addition of AI avatars raises immediate concerns, as they are frequently associated with dishonest behaviors aimed at disguising ownership, indicating potential scams. A deeper look at At Cost Metals reveals promotional marketing films claiming Justin Davis was the company’s founder.

    Homepage of At Cost Metals


    The lack of regulation or the presence of poor regulation is a huge red flag. It means At Cost Metals is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of At Cost Metals, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    Cost Metals runs on a compensation model in which affiliates sign up and pay membership fees. Commissions are made by recruiting other affiliates to follow suit. The pay plan consists of three tiers, each with particular qualification criteria:

    1. Qualification: Recruit 2 At Cost Metals affiliates.

    2. To qualify for Silver Affiliate status, you must recruit six At Cost Metals affiliates and have at least two Affiliate-ranked affiliates in your downline.

    3. To qualify as a Gold Affiliate, you must recruit 12 At Cost Metals affiliates and have at least 2 Silver Affiliates in your downline.

     At Cost Metals


    It is important to note that recruited At Cost Metals affiliates must be “active” in order to count toward rank qualification. Being active involves creating at least 20 sales volume (BV) throughout a rolling 32-day period, which can be achieved by recruiting affiliates or purchasing metals from the corporation.

    Affiliates can pick between two packages: Metals ($149) and Metals Plus ($399). Commissions are paid as follows:

       – Earn $25 when you recruit a Metals Package affiliate.

       – Earn $50 when you recruit a Metals Plus Package affiliate.

    The commissions are paid via a binary compensation mechanism. Affiliates are positioned at the head of a binary team, and BV is generated by direct and indirect recruitment. For every 500 BV matched on both sides of the binary team, a $500 residual recruitment commission is awarded. The affiliate’s rank determines the weekly commission caps.

    •   Affiliates can earn up to $2000
    • Silver Affiliates can earn up to $10,000.
    • Gold Affiliates: Up to $30,000.

    Cost Metals provides a 10% match on residual recruitment commissions generated by directly recruited affiliates. Only affiliates graded Silver or Gold are eligible for the Matching Bonus.

    Affiliate membership is $149 per year for the Metals Package and $399 per 18 months for the Metals Plus Package, which includes “3 perfect MS70 graded numismatic 1 oz silver coins.”

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like At Cost Metals tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust At Cost Metals reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of At Cost Metals, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like At Cost Metals enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “At Cost Metals reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising At Cost Metals.

    At Cost Metals reviews coverage


    You should always look out for consumer complaints. In the case of At Cost Metals, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about At Cost Metals? You can share your complaint in the comment section or submit an anonymous tip.

    At Cost Metals appears to be a relaunch of Preservation of Wealth, with a focus on the latter’s regulatory compliance difficulties. The lack of retail sales in the MLM opportunity raises worries about its management, which resembles a pyramid scheme.

    The Federal Trade Commission has specifically stated that MLM organizations that do not generate significant revenue from retail sales are pyramid schemes.

    At Cost Metals, like its predecessor, may experience difficulty as affiliate recruitment diminishes, potentially leading to a collapse in which existing affiliates discontinue membership, resulting in financial difficulties for the majority of members.

    At Cost Metals is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind At Cost Metals can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust At Cost Metals?

    All the evidence suggests that At Cost Metals is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • Alyx Union Review: Scam Or Legit? | Recover Lost Funds

    Alyx Union Review: Scam Or Legit? | Recover Lost Funds

    Summary

    Alyx Union has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to JUFB. We’ve received over 4 complaints against Alyx Union.

    Alyx Union, which resembles a risky MLM business, lacks transparency and creates suspicions about fraudulent activity. With a brief existence and unclear links, it lacks clear ownership information. The lack of regulatory licensing, along with a complex incentive structure, suggests possible scam features. Victims find it difficult to report because there is no oversight. Fake reviews and connections to problematic entities undermine Alyx Union’s legitimacy, emphasizing the significance of exercising caution and due diligence when dealing with such unregulated entities.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    Alyx Union, a corporation apparently offering an MLM (Multi-Level Marketing) opportunity, raises concerns about its lack of openness by failing to provide any ownership or executive information on its official website. The website domain, “alyxunion.com,” was privately registered on October 30th, 2023, and web access to the root domain is now disabled. Instead, the MLM opportunity is hosted behind a “dapp” subdomain.

    Homepage Of Alyx Union


    As of the time of publication, the website primarily serves as an affiliate sign-up page, with no identifiable information regarding the individuals or businesses behind Alyx Union. Despite its brief existence of a few months, the company hosted a staged “year-end celebration event” in December.

    Furthermore, investigations indicate that the individuals administering Alyx Union may be involved in fraudulent activities, maybe from locations in Hong Kong or Singapore. The lack of openness and affiliation with unethical operations raises issues about Alyx Union’s credibility as a commercial entity.

    Furthermore, a humanitarian organization called “A Heart For China,” situated in Shenzhen and directed by Belgian national Ronny Verdoodt, appears to have ties to the corporation, as indicated by the apparent volunteer activity of an individual portraying the part of Ryan Strasser for the charity in 2017. These details add to a complex narrative about Alyx Union’s operations and legitimacy.

    The lack of regulation or the presence of poor regulation is a huge red flag. It means Alyx Union is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of Alyx Union, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    Alyx Union stands noteworthy for the lack of real retailable products or services. Affiliates are exclusively responsible for promoting Alyx Union’s affiliate membership. The company does not sell any conventional products.

    Alyx Union’s incentive plan is based on affiliates investing $100 or more in tether (USDT). In exchange, clients are guaranteed a passive daily return of 0.3%. This return rate could rise to up to 1.3% each day if affiliates agree to lock up their assets for 100 days. Notably, Alyx Union pays returns in aelf (ELF), a cryptocurrency that witnessed a pump and dump in 2018. There are signs that ELFU, also known as “aelf union,” may be linked to Alyx Union.

    Alyx Union also offers a sophisticated staking structure in which returns are dependent on arbitrary payouts that gradually decrease from 16% to 1% over an indeterminate time period. Alyx Union’s MLM strategy focuses on attracting new affiliate investors.

    Affiliate Ranks:

    Alyx Union’s compensation plan has ten affiliate tiers, each with distinct qualification criteria:

    RankQualification Criteria
    V0Sign up as an Alyx Union affiliate and invest $100
    V1Invest $10,000, recruit two V4 or higher-ranked affiliates, and generate at least $2,000,000 in total downline investment
    V2Invest $1000, recruit two V1 or higher ranked affiliates, and generate at least $100,000 in total downline investment
    V3Invest $20,000, recruit two V5 or higher-ranked affiliates, and generate at least $5,000,000 in total downline investment
    V4Invest $500, recruit two V0 or higher-ranked affiliates, and generate at least $30,000 in total downline investment
    V5Invest $10,000, recruit two V4 or higher ranked affiliates, and generate at least $2,000,000 in total downline investment
    V6Invest $30,000, recruit two V6 or higher-ranked affiliates, and generate at least $10,000,000 in total downline investment
    V7Invest $40,000, recruit two V7 or higher-ranked affiliates, and generate at least $40,000,000 in total downline investment
    V8Invest $40,000, recruit two V7 or higher ranked affiliates, and generate at least $40,000,000 in total downline investment
    V9Invest $50,000, recruit two V8 or higher-ranked affiliates, and generate at least $100,000,000 in total downline investment

    Alyx Union’s unilevel compensation system includes a matching incentive. This bonus is calculated as a percentage of daily returns over five levels of the affiliate’s unilevel team, with a range of 12% to 2%.

    Affiliates can receive a 20% bonus after obtaining V2 or higher rank. This bonus is calculated as a percentage of personally recruited affiliate investment and is limited to downline affiliates of the same rank.

    Alyx Union provides a Community Reward to V1 and higher-ranked affiliates, with different percentages depending on personal staking, direct referrals, and team sales. The reward levels range from 10% and 90%.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like Alyx Union tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust Alyx Union reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of Alyx Union, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like Alyx Union enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “Alyx Union reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Alyx Union.

    Alyx Union reviews coverage


    You should always look out for consumer complaints. In the case of Alyx Union, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about Alyx Union? You can share your complaint in the comment section or submit an anonymous tip.

    Joining Alyx Union as an affiliate is free, however full involvement in the earning possibility requires at least a $100 investment in various cryptocurrencies. Alyx Union’s working concept is similar to a conventional Boris CEO MLM crypto Ponzi scheme. It follows a similar pattern to prior schemes such as SCF and Fintoch, indicating possible links to organized crime elements.

    Alyx Union


    The organization uses cryptocurrency investments to pay out profits to existing investors, similar to a typical Ponzi scam. The absence of retail products or services highlights Alyx Union’s pyramid scheme character.

    Alyx Union’s disclaimer, which excludes the United States and some U.S. territories, is a warning flag that is frequently associated with scams. Passive investment programs are not unlawful, but their exclusion from the US market creates suspicions about fraudulent activity.

    To function lawfully, Alyx Union would have to register with the SEC and provide audited financial records, something they appear to avoid. According to SimilarWeb data, traffic is predominantly from Italy, Chile, Canada, South Africa, and Kazakhstan, with Alyx Union likely operating illegally in these nations due to a failure to register with financial regulators.

    The collapse of Alyx Union is unavoidable if affiliate recruitment slows, resulting in a depletion of new investments and, as a result, a loss for the majority of participants. The math inherent in Ponzi schemes ensures this conclusion, emphasizing the hazards of participating in such operations.

    Alyx Union is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Alyx Union can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust Alyx Union?

    All the evidence suggests that Alyx Union is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • JUFB Review: Scam Or Legit? | Recover Lost Funds

    JUFB Review: Scam Or Legit? | Recover Lost Funds

    Summary

    JUFB has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Lance Green. We’ve received over 5 complaints against JUFB.

    JUFB’s main website, which was registered in July 2006, lacks transparency, and subsequent ownership transfers are tied to a Chinese registrant. It has no retail products and focuses solely on affiliate memberships. The remuneration scheme includes Bitcoin or Pakistani rupee investments, with daily rewards of up to 4%. JUFB is considered a “click-a-button” app Ponzi scheme that recycles cash for profit. This is consistent with a trend of such scams arising since late 2021, often departing quickly, resulting in significant losses for investors. Suspected Chinese scammers add to this worrying trend in internet investing.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    The official website of JUFB lacks transparency because it does not include ownership or executive information. Registered in July 2006 under the domain “jufb.top,” the site’s private registration was last changed on October 26th, 2023, by a Chinese registrar.

    This change aligns with the period when the current domain owners took ownership. Furthermore, a study of JUFB’s official support link finds Chinese language parts in the source code, indicating a link to China in collaboration with the Chinese registrar.


    The lack of regulation or the presence of poor regulation is a huge red flag. It means JUFB is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of JUFB, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    JUFB does not offer any retailable items or services. Affiliates in the program are restricted to marketing JUFB affiliate memberships only.

    Prospective affiliates must invest in either Bitcoins or Pakistani rupees, with the promise of daily rewards of up to 4%. JUFB incentivizes recruitment by paying referral commissions on invested tether at three levels in a unilevel structure: 12% for level 1 (personally recruited affiliates), 8% for level 2, and 4% for level 3.

    JUFB affiliate membership is free, but full participation in the earning possibility requires an undisclosed minimum commitment. The platform promotes investment in both Pakistani rupees and USDT.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like JUFB tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust JUFB reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of JUFB, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like JUFB enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “JUFB reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising JUFB.

    JUFB reviews coverage


    You should always look out for consumer complaints. In the case of JUFB, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about JUFB? You can share your complaint in the comment section or submit an anonymous tip.

    JUFB has been found as another example of a “click a button” app Ponzi scheme. The essence of this technique is around the deceptive method of linking passive returns to the act of pushing a button, which is ostensibly tied to betting on sports events. However, in actuality, JUFB just recycles invested assets to generate profits.

    These “click a button” app Ponzis often disappear unexpectedly by shutting their websites and applications without prior notice. This rapid absence causes huge losses for the bulk of investors, which is a natural outcome of Ponzi schemes. The widespread view is that a group of Chinese scammers is responsible for the recent spike in “click a button” app Ponzi scams, perpetuating a disturbing trend in the online investing industry.

    JUFB is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind JUFB can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust JUFB?

    All the evidence suggests that JUFB is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • Lance Green Review: Scam Or Legit? | Recover Lost Funds

    Lance Green Review: Scam Or Legit? | Recover Lost Funds

    Summary

    Lance Green has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to EchoOne. We’ve received over 3 complaints against Lance Green.

    Lance Green, which was founded in February 2020 as an extension of Lance Certo Group, struggled until February 2023, when its internet presence was restored. LanceCoin was launched in April 2021 and has since lost 82% of its value. Revitalized in 2023 under the leadership of CEO Anderson Salgado. Offers an MLM program with a daily ROI of 1%, with an emphasis on affiliate recruitment. There is insufficient evidence to back up claims of links with Betfair. Anderson Salgado’s MLM background raises questions. Noncompliance with financial regulators raises questions about securities fraud.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    The company was founded around February 2020, following the founding of Lance Certo Group in Brazil. Lance Certo Group, best known for owning and managing “O Lance,” a Sao Paulo-based pub, expanded into Lance Certo as an independent income opportunity. However, this venture encountered obstacles, resulting in a fall until February 2023, when its internet presence recovered.

    Lance Certo Group launched the cryptocurrency LanceCoin (LCE) in April 2021, and while it briefly surged to $19.16 in 2021, it has largely stagnated, representing an 82% loss.

     Lance Green


    The corporation was revitalized with the debut of Lance Green in early 2023, signaling a shift from its prior inert position. Lance Certo Group’s leadership, led by CEO Anderson Salgado (also known as Anderson Salgado Salgadinho), played an important role in directing the company through its change.

    The Lance Certo Group’s website domains include lancecertogroup.com, lancecerto.com, lcecoin.com, lancecerto.bet, lancegreen.space, and lgreen.ai. These domains provide information on the company’s internet presence and evolution throughout time.

    Homepage of Lance Green


    According to Lance Green’s marketing materials, CEO Anderson Salgado is recognized for having “more than 7 years of experience as a sports trader,” demonstrating his proficiency in the sector.

    The lack of regulation or the presence of poor regulation is a huge red flag. It means Lance Green is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of Lance Green, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    Lance Green does not provide any retail products or services. Affiliates are limited to promoting and marketing Lance Green affiliate membership alone.

    Lance Green advises investments of $25 to $50,000. Participants are promised a daily 1% return on investment (ROI), paid six days a week, with a limit of 200%. Lance Green’s MLM program primarily compensates affiliates for attracting new investors.

    Referral Commissions:

    Lance Green associates receive 10% of the money invested by personally recruited affiliates.

    Lance Green uses a binary compensation mechanism for residual commissions. Affiliates are positioned at the top of a binary team with two sides (left and right). As the squad grows, each level doubles the number of slots. Affiliates gain 8% of the investment volume from their weaker binary team side. Once paid out, the volume is compared to the stronger binary team side and flushed.

    Lance Green offers affiliate membership for free. However, active involvement in the earning possibility requires an initial commitment of $25 to $50,000.

    Lance Green


    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like Lance Green tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust Lance Green reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of Lance Green, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like Lance Green enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “Lance Green reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Lance Green.

    Lance Green reviews coverage


    You should always look out for consumer complaints. In the case of Lance Green, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about Lance Green? You can share your complaint in the comment section or submit an anonymous tip.

    Lance Green claims that it obtains external revenue through a putative relationship with Betfair, a well-known British corporation that operates the world’s largest online sports exchange. The assertion emphasizes safety and a solid financial relationship with Betfair, but no specific evidence or facts to back up this collaboration are presented.

    Lance Green’s marketing materials present the concept of betting arbitrage, which is unsubstantiated. Anderson Salgado, the founder of Lance Green, has a history of involvement in several MLM Ponzi schemes, including a collapsed reboot in 2020 and a failed Ponzi currency in 2021, culminating in the debut of Lance Green in 2023.

    The lack of evidence of external revenue generating, as well as the refusal to register with financial regulators, raises suspicions about securities fraud. Lance Green’s MLM proposition, which provides passive earnings, qualifies as a security offering, which is aggravated by a lack of regulatory compliance documentation.

    Notable aspects include Brazil’s non-extradition policy for its nationals and the possibility of an exit scheme for Anderson Salgado in Dubai. Lance Coin’s incorporation with Lance Green may indicate a consolidation of return payments.

    Lance Green, like all other MLM Ponzi schemes, relies on ongoing affiliate recruiting and subsequent investments to be viable. When recruiting declines, the absence of new investment may cause a collapse, leading in financial losses for the majority of members.

    Lance Green is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Lance Green can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust Lance Green?

    All the evidence suggests that Lance Green is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • EchoOne Review: Scam Or Legit? | Recover Lost Funds

    EchoOne Review: Scam Or Legit? | Recover Lost Funds

    Summary

    EchoOne has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to OmegaPro.IN. We’ve received over 4 complaints against EchoOne.

    EchoOne focuses on marketing affiliate memberships rather than tangible products. The reward plan involves a minimum cryptocurrency investment of $100 and promises daily returns ranging from 0.7% to 1.8%. Affiliates earn through a unilevel system and reach ranks with bonuses of up to $100,000. However, there is also concern about the requirement of EchoOne’s trading staff and its passive returns as a securities offering, which could involve fraud. With Ponzi-like traits and regulatory concerns, players are recommended to proceed with caution and rigorous due diligence before becoming involved.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    EchoOne’s website lacks critical information such as ownership and leadership data. In an official marketing presentation, the corporation owes its leadership to a character named “Nicholas Bennett,” however there is no evidence of Bennett’s existence outside of this marketing slide, raising doubts about his identity.

    Furthermore, EchoOne’s official marketing videos feature stock material accompanied by robotic narration, a trait commonly associated with non-native English-speaking managers. This practice raises doubts regarding Nicholas Bennett’s validity.

    Notably, EchoOne’s website domain, “echoone.io,” was privately registered on August 21st, 2023, adding opacity to its online presence. According to SimilarWeb data from November 2023, EchoOne’s website received roughly 1500 hits.

    Interestingly, the regional breakdown of EchoOne’s website traffic reveals that 40% comes from the United Kingdom, 36% from the United States, 14% from Canada, and 10% from Hungary. These findings give information on the company’s regional audience and may lead to additional investigation into its operations and reputation.

    Homepage of EchoOne


    The lack of regulation or the presence of poor regulation is a huge red flag. It means EchoOne is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of EchoOne, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    EchoOne, as observed, does not provide physical retail products or services for direct consumer purchase. Instead, affiliates are confined to promoting EchoOne’s affiliate membership.

    To participate in EchoOne’s income possibility, affiliates must invest at least $100 in cryptocurrency. EchoOne promises daily profits ranging from 0.7% to 1.8%, with a potential cap of 300%. Notably, EchoOne charges a 3% deposit fee and a 5% withdrawal fee, with withdrawals restricted to Saturdays and Sundays.

    EchoOne’s multi-level marketing (MLM) program primarily compensates affiliates for bringing new investors into the system.

    Affiliate Ranks:

    EchoOne has ten affiliate ranks, each with particular qualification criteria based on downline investment volume. Ranks range from Rank 1 (requiring a $25,000 downline investment volume) to Rank 10, which requires a $10,000,000 downline investment volume. There are restrictions on how the needed investment volume is distributed among recruitment legs.

    EchoOne


    Certainly! Here’s a simple table representation for the given ranks and their corresponding downline investment volumes:

    RankDownline Investment Volume
    1$25,000
    2$50,000
    3$100,000
    4$200,000
    5$300,000
    6$400,000
    7$500,000
    8$1,000,000
    9$5,000,000
    10$10,000,000

    This table provides a clear representation of the different ranks and their associated downline investment volume requirements.

    While joining EchoOne’s affiliate network is free, active involvement in the income possibility requires a cryptocurrency investment of at least $100.

    EchoOne claims to create external money through a team of bitcoin experts, with daily gains dependent on trading performance. However, these assertions are viewed with suspicion, raising concerns about the need for further investor funding when the company already has a skilled trading crew.

    Furthermore, EchoOne’s passive returns investment opportunity is classified as a security offering. The lack of evidence of registration with financial regulators signals probable securities fraud.

    EchoOne has a one-level compensation structure for base referral commissions. Affiliates receive commissions at four levels, with amounts ranging from 9% for personally recruited affiliates on level 1 to 1% for affiliates on level 4. Higher-ranked affiliates earn referral commissions down ten levels, with decreasing percentages.

    EchoOne offers one-time awards of $250 for Rank 1 to $100,000 for Rank 10.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like EchoOnetend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust EchoOne reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of EchoOne, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like EchoOne enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “EchoOne reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising EchoOne.

    KEYWORD reviews coverage


    You should always look out for consumer complaints. In the case of EchoOne, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about EchoOne? You can share your complaint in the comment section or submit an anonymous tip.

    EchoOne’s business strategy has traits similar to Ponzi scams. The reliance on fresh investor recruitment to sustain returns is a red flag, as history shows that such schemes fail when recruitment levels fall. This intrinsic problem, along with a lack of regulatory registration, raises serious doubts about EchoOne’s long-term viability and credibility. Participants should proceed with prudence and rigorous due diligence before joining in such initiatives.

    EchoOne


    EchoOne is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind EchoOne can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust EchoOne?

    All the evidence suggests that EchoOne is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • OmegaPro.IN Review: Scam Or Legit? | Recover Lost Funds

    OmegaPro.IN Review: Scam Or Legit? | Recover Lost Funds

    Summary

    OmegaPro.IN has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Mevi AI. We’ve received over 5 complaints against OmegaPro.IN.

    OmegaPro.IN, unlike the infamous OmegaPro Ponzi in Dubai, lacks transparency in its ownership and registration information. The platform’s website domain was privately registered in May 2023, contributing to its enigmatic aspect. Despite attempts to seem legitimate with numerous credentials, OmegaPro.IN’s lack of regulation and compliance, combined with its promotion of an MLM cryptocurrency investment plan outlawed by the UK’s FCA, casts considerable doubt on its validity.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    OmegaPro.IN, unlike the famed OmegaPro Ponzi situated in Dubai, does not provide clarity about its ownership and executive data on its official website. The domain, “omegapro.in,” was privately registered on May 11th, 2023, adding to the platform’s mystery.

    Given its doubtful character, OmegaPro.IN’s website footer has a St. Vincent and the Grenadines PO Box address, which does little to create credibility.

    OmegaPro.IN offers various aspects in an attempt to project authenticity, including a backdated Polish shell company certificate from 2020, a clearly doctored insurance document from Renaissance Insurance from 2015, and a UK shell company certificate for Omega-Pro LTD. However, given scammers’ proclivity to build shell firms with false information, these certificates are of little value in the context of MLM due diligence.

    Homepage of OmegaPro.IN


    Notably, OmegaPro.IN presents itself as an MLM cryptocurrency investment scheme, which the UK’s Financial Conduct Authority (FCA) has officially outlawed from October 8th, 2023. This raises severe doubts regarding OmegaPro.IN’s validity and compliance with regulatory requirements.

    The lack of regulation or the presence of poor regulation is a huge red flag. It means OmegaPro.IN is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of OmegaPro.IN, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    OmegaPro.IN does not provide any retail products or services. Affiliates can only promote OmegaPro.IN affiliate memberships; they cannot offer real things.

    OmegaPro.IN


    The platform’s compensation model centers on affiliates investing in cryptocurrencies, with promised returns dependent on their investment levels:

    • Starter: Invest $100 to $999 for a daily return of 4%.
    • Standard: Invest $1000 to $4999 for a daily return of 6%.
    • Premium: Invest $5,000 to $14,999 and receive an 8% daily return.
    • VIP Plan: Invest $15,000 or more for a daily return of 12%.

    Referral commissions are also part of the remuneration structure, paid over three tiers of recruiting (unilevel):

    • Level 1 (personally recruited affiliates): 5%.
    • Level 2: 2%.
    • Level 3: 1%.

    While becoming an affiliate is free, active participation requires a minimum commitment of $100. Prospective affiliates are encouraged to invest in different cryptocurrencies.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like OmegaPro.IN tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust OmegaPro.IN reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of OmegaPro.IN, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like OmegaPro.IN enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “OmegaPro.IN reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising OmegaPro.IN.

    OmegaPro.IN reviews coverage


    You should always look out for consumer complaints. In the case of OmegaPro.IN, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about OmegaPro.IN? You can share your complaint in the comment section or submit an anonymous tip.

    OmegaPro.IN appears to be an opportunistic endeavor using the fallout from the failed OmegaPro Ponzi scheme. Given the demise of OmegaPro and the subsequent concealment of its owners, there appears to be no connection between OmegaPro and OmegaPro.IN. This demonstrates that OmegaPro.IN is the work of opportunistic criminals searching for quick money.

    OmegaPro.IN


    The terminology used on OmegaPro.IN’s website contains bold claims about a sophisticated system that generates consistent passive income, registration and certification, and mining processes supported by estate management and the World Bank of Finance. Nonetheless, these statements lack credibility.

    OmegaPro.IN, like most MLM Ponzi frauds, is dependent on continual affiliate recruitment and subsequent investments to be profitable. When recruitment slows, the influx of new money declines, resulting in a reduction in return on investment (ROI) revenue. Finally, this pattern is expected to cause a collapse, resulting in significant financial losses for the majority of investors.

    OmegaPro.IN is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind OmegaPro.IN can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust OmegaPro.IN?

    All the evidence suggests that OmegaPro.IN is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • Mevi AI Review: Scam Or Legit? | Recover Lost Funds

    Mevi AI Review: Scam Or Legit? | Recover Lost Funds

    Summary

    Mevi AI has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to TrustBet. We’ve received over 4 complaints against Mevi AI.

    Mevi AI, an AI entity, has raised questions about its mystery leadership, inconsistent CEO claims, and concealed domain registration. Anomalies in online traffic and false corporate addresses exacerbate the issue. Mevi AI is considered a probable scam because of the lack of regulatory control and traceable revenue streams. Its payout model, which is based on cryptocurrency investments, lacks transparency. Victims have few options owing to uncontrolled operations, which raises concerns among prospective investors. To protect your investments, always proceed with care and comprehensive research when dealing with unregulated businesses.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    In the world of artificial intelligence, Mevi AI stands out as a mysterious entity, cloaked in mystery and lacking verifiable ownership or executive accountability. The issue begins with different statements of its alleged CEO, “Timon Dellis.”

    While Dellis is credited with leadership on Mevi AI’s website, official marketing videos provide a different story, identifying a specific individual as the company’s face.

    Adding to the mystery, the domain “mevi.ai” was secretly registered on September 9th, 2023, raising concerns about the reasons behind such covert operations.

    As of December 2023, a review of Mevi AI’s online traffic patterns reveals a notable anomaly: Poland leads as the leading source of traffic by an astounding 60%, implying possible connections between Mevi AI and this Eastern European nation.

    Homepage of Mevi AI


    Mevi AI’s website includes corporate addresses in New Zealand and the United Kingdom to help it project a legitimate image. However, a closer look reveals the deception, as both addresses are linked to co-working facilities unrelated to Mevi AI. As we delve into the complexities of Mevi AI’s ambiguous identity, a web of ambiguities emerges, prompting us to question the motives and goals of this enigmatic artificial intelligence entity.

    The lack of regulation or the presence of poor regulation is a huge red flag. It means Mevi AI is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of Mevi AI, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    The heart of Mevi AI’s functioning is its reward plan, which entices affiliates to invest in cryptocurrencies with the promise of daily returns of up to 1.5 percent.

    The strategy is designed on a one-level compensation scheme, with affiliates organized in a hierarchy based on recruiting levels. This system can theoretically have an endless number of levels, but Mevi AI limits payable levels to ten.

    Mevi AI


    Across these tiers, referral commissions are distributed as a proportion of cryptocurrency investments, with level 10 affiliates earning 1% and level 1 personally recruited affiliates earning 8%. However, the ability to access levels 5 to 10 is only possible if certain investment volume requirements are met.

    Mevi AI provides supplementary incentives and a corresponding bonus of 2% on daily returns for the entire unilevel team. This bonus is restricted to ten levels.

    Affiliates are awarded an additional $10,000 direct incentive for each $100,000 in personally recruited affiliate investment volume. The esteemed World Bonus, which is contingent upon meeting significant investment and recruitment targets, awards eligible affiliates with a 5% stake in the monthly investment volume of the organization.

    Becoming a Mevi AI affiliate is a no-cost undertaking; however, to fully exploit the potential earnings, a minimum investment that is not disclosed is required. Mevi AI promotes investments in a variety of cryptocurrencies in an active manner.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

    If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.

    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like Mevi AI tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust Mevi AI reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of Mevi AI, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like Mevi AI enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “Mevi AI reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Mevi AI.

    KEYWORD reviews coverage


    You should always look out for consumer complaints. In the case of Mevi AI, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about Mevi AI? You can share your complaint in the comment section or submit an anonymous tip.

    Mevi AI claims to generate external revenue via the MEV bot, an AI trading bot meant to optimize cryptocurrency trading techniques. Despite the appealing promises, the lack of verifiable evidence raises concerns about the source of monies used for affiliate withdrawals. The company does not provide audited financial reports, which is a critical aspect of authenticating trade revenue.

    The news that Mevi AI has failed to register with any financial regulator raises concerns about potential securities fraud and unlawful operations. The lack of legitimate offices, as well as the use of hired actor executives, harmed Mevi AI’s credibility.

    Mevi AI


    Mevi AI’s structure is similar to a Ponzi scheme in that it lacks long-term revenue sources other than new investments. History shows that such schemes inevitably fail, leaving the majority of participants with a financial loss. As the curtain falls on Mevi AI’s complicated web, danger flags fly high for potential investors.

    Mevi AI is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Mevi AI can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust Mevi AI?

    All the evidence suggests that Mevi AI is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

  • TrustBet Review: Scam Or Legit? | Recover Lost Funds

    TrustBet Review: Scam Or Legit? | Recover Lost Funds

    Summary

    TrustBet has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Barnaje. We’ve received over 5 complaints against TrustBet.

    TrustBet’s lack of ownership transparency, ties to Merobit’s fraudulent activities, and questionable MLM bitcoin model all point to a dishonest corporation. TrustBet, which is unregulated and lacks a watchdog or license, poses financial dangers similar to those associated with Ponzi schemes. Victims face difficulties due to a lack of regulatory oversight. Before collaborating with a company, always verify its regulatory status, leadership transparency, and licensing. TrustBet’s investing strategy, paired with the danger of false evaluations, emphasizes the significance of remaining vigilant. If you see fraud, report it to a Whistleblower Program and use chargebacks to retrieve payments.

    Get Your Money Back From These Scammers!

    [mychargeback-form]

    The lack of information about ownership or executives on TrustBet’s website raises issues about the company’s openness and credibility. The platform, which was secretly registered on November 8th, 2023, under the domain “trustbet.io,” aims to build credibility by identifying itself as TrustBetIO LTD, a UK-incorporated company.

    TrustBet’s credibility as an MLM cryptocurrency opportunity is further challenged by the fact that the UK’s Financial Conduct Authority (FCA) officially barred MLM cryptocurrency investment schemes on October 8th, 2023.

    TrustBet’s official marketing materials identify the founder and CEO as “Paul Cassar.” However, an examination finds that Paul Cassar and Manny Stalomn, who are reportedly linked with TrustBet, do not exist.

    MeroBit, another MLM crypto Ponzi fraud, has the same website template as TrustBet, raising suspicions of a connection between the two. Notably, the FCA issued a securities fraud warning to Merobit on November 30th, 2023, but TrustBet appears to have avoided their inspection thus far.

    The issue remains as to whether the perpetrators of the Merobit/TrustBet schemes have established further fraudulent operations.

    Homepage of TrustBet


    The lack of regulation or the presence of poor regulation is a huge red flag. It means TrustBet is a scam and most likely, an illegal operation.

    Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

    That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

    In the case of TrustBet, victims have nowhere to go due to the absence of a watchdog or license.

    You should ask yourself the following questions when you come across a new investment firm or opportunity:

    • Does the investment provider maintain transparency about its CEO?
    • Do they have a license from a renowned regulatory authority?
    • If the need arises, can I reach out to an authority to report this company as a scam?

    TrustBet does not offer any actual retail products or services for affiliates to promote. Affiliates’ main objective is to promote TrustBet’s own affiliate membership.

    TrustBet affiliates invest in bitcoin as part of their incentive plan. The investments offer promised returns depending on multiple tiers:

    • Starter: Invest $25 or more and get a 5% daily return for 30 days.
    • Premium: Invest $2500 or more and get a 6% daily return for 40 days.


    It is vital to remember that if a TrustBet affiliate decides to withdraw before the specified 30 or 40 days, a 20% withdrawal fee will apply.

    Referral commissions at TrustBet are distributed on invested bitcoin across three stages of recruiting using a unilevel system:

    • Level 1 (personally recruited affiliates): 5%.
    • Level 2: 2%.
    • Level 3: 1%.

    Becoming a TrustBet affiliate is free, however, to effectively benefit from the revenue opportunities, a minimum investment of $25 is required. TrustBet encourages investing in multiple cryptocurrencies.

    However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

    They might give you multiple reasons including:

    • A technical error
    • A glitch in their system
    • Banking issues
    • A “hacking attack”

    And many others.

    But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

    If you want to get your money back from a scammer, you’d need to file a chargeback.

    When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

    In the beginning, scammers tend to remain very accessible.

    This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

    However, they do all this just to win your trust.

    Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.

    Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

    All of a sudden, their numbers would either stop responding or become unavailable.

    Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

    However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.

    Join The Whistleblower Program

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    It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

    Scammers like TrustBet tend to purchase fake reviews for their online profiles to make themselves seem more credible.

    TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

    That’s why you shouldn’t trust TrustBet reviews easily.

    It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

    In the case of TrustBet, chances are, you wouldn’t find many legitimate reviews.

    Another prominent way scammers like TrustBet enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

    This way, when you’ll look up “TrustBet reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising TrustBet.

    TrustBet reviews coverage


    You should always look out for consumer complaints. In the case of TrustBet, the most common complaints I found were about:

    • Poor customer support
    • Delays in payments
    • High fees and charges
    • Lack of transparency regarding their leadership team
    • Aggressive sales staff

    Do you have a similar complaint about TrustBet? You can share your complaint in the comment section or submit an anonymous tip.

    TrustBet disguises its Ponzi scheme as “asset management tailored for the ambitious investor.” However, given its similarity to Merobit, which is orchestrated by the same unscrupulous persons, this assertion is blatantly misleading.

    TrustBet, like all MLM Ponzi schemes, relies on ongoing affiliate recruiting, which, when declining, results in a reduction in new investments. As a result, this depletion of money will deprive TrustBet of the revenue required to meet promised returns, inevitably leading to a collapse.

    Ponzi schemes have inherent arithmetic, which means that when they collapse, the majority of participants suffer financial losses. TrustBet’s shaky model poses a huge danger to those participating.

    TrustBet is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

    The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind TrustBet can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.

    The absence of a watchdog also means you cannot report to them to anyone.

    Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

    Can You Trust TrustBet?

    All the evidence suggests that TrustBet is a scam. If you have lost money to them, there is still a chance you can get it back.

    To recover your funds, you’d need to file a chargeback.

    Launch a website/app with a generic name

    A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

    Pay influencers & social media pages to promote the scheme

    By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

    Send thousands of emails and make cold calls to potential victims

    It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

    Make victims feel safe through “small wins”

    Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

    Convince victims into investing large sums of money

    Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

    Disable withdrawals & take down the website/app

    Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

    Repeat the cycle

    After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.