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PEC168.com Review: Scam Or Legit? | Recover Lost Funds

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Is PEC a scam? How to recover funds from PEC168.com? Find the answers to all these questions and more in this guide.
Summary

PEC168.com has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to We are All Satoshi. We’ve received over 3 complaints against PEC168.com.

PEC168.com, an MLM company with a lack of openness and integrity, is revealed by the investigation. It’s similar to a Ponzi scheme, with evasive ownership, no genuine products, and a shady compensation structure. Its relationship to China demonstrates fraudulent practices, emphasizing the importance of monitoring in the MLM industry, and it runs using a “click a button” software paradigm.

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Key Takeaways

PEC168.com has lost investors thousands of dollars
PEC168.com website owner is anonymous
Vague terms of service
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Is PEC168.com Regulated? Do They Have a License?

In the vast landscape of multi-level marketing (MLM) companies, transparency and credibility are paramount.

However, not all companies adhere to these principles. One such company is PEC168.com, which has raised eyebrows due to its questionable practices and lack of transparency.

In this investigative article, we delve deep into the inner workings of PEC168.com to uncover the truth behind the scam.

When it comes to assessing the legitimacy of an MLM company, examining its ownership and executive information is crucial.

Unfortunately, PEC168.com fails to provide any such information on its websites. With three known website domains, namely pec168.com, eur-pec.com, and pecld.com, PEC already raises suspicion. These domains are either privately registered or associated with Chinese registrars, indicating a potential connection to China.

The Truth Behind PEC168.com’s Ponzi Scheme

Upon closer examination, it becomes evident that this company operates as yet another “click a button” app Ponzi scheme.

The supposed revenue generation through product orders with online retailers is nothing more than a ruse. Affiliates are led to believe that clicking a button within the app generates income through these orders, with PEC168.com receiving a commission and sharing it with the affiliates.

However, this mechanism lacks credibility, as it does not equate to genuine customer orders placed with online retailers.

PEC complaint

In reality, the act of clicking a button within this firm serves no purpose other than recycling newly invested funds to pay earlier investors.

This unsustainable model is similar to other collapsed “click a button” app Ponzis, including eBayShop, GMB Group, and DF Mall.

One common pattern observed among “click a button” app Ponzis is their sudden disappearance.

These schemes tend to disable both their websites and apps without notice, leaving the majority of investors at a loss. The inevitable Ponzi math catches up, and unsuspecting participants are left with empty pockets.

The same group of Chinese scammers is believed to be behind this “click a button” app Ponzi plague, further highlighting the lack of credibility and integrity within this scam.

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Trading Conditions and Deposit/Withdrawal Methods at PEC168.com

PEC168.com’s compensation plan is a crucial aspect to analyze when evaluating the company’s legitimacy. PEC168.com affiliates are required to invest a minimum of $20 USD or an equivalent amount in tether (USDT). In return, they are promised a 10% return on investment (ROI) paid every three days. The MLM side of this company’s compensation plan revolves around recruitment, offering a weekly “salary” based on two levels of recruitment.

Becoming a PEC168.com affiliate is relatively straightforward and free of charge. However, to fully participate in the income opportunity attached to the membership, a minimum investment of $20 in USDT is required. This financial commitment raises concerns, especially considering the lack of transparency surrounding the company’s operations.

PEC168.com reviews on Trustpilot

To earn the weekly salary, affiliates must recruit either fifteen or thirty active affiliate investors across two levels of recruitment. The amount received varies, with $70 per week for fifteen recruits and $110 per week for thirty recruits. It is important to note that an “active affiliate investor” refers to someone with an active investment within PEC168.com.

To further explore the inner workings of PEC168.com, it is worth examining the payment methods accepted by the company. While specific details are scarce, it is known that PEC168.com requires affiliates to invest in tether (USDT) with a minimum of $20 USD or an equivalent amount. The use of cryptocurrency adds another layer of complexity to an already dubious operation.

PEC168.com review by client

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.

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PEC168.com Customer Service: Do They Handle Complaints Well?

With the numerous red flags surrounding PEC168.com, it is essential to consider how the company handles complaints. Unfortunately, due to the lack of transparency and ownership information, it is challenging to assess PEC168.com’s complaint handling process. However, based on the evidence presented, it is safe to conclude that PEC168.com falls short in addressing and resolving customer concerns and complaints.

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5

PEC168.com Reviews: What Do Others Say?

There aren’t many PEC168.com reviews available online. However, the few reviews available on this company don’t provide much information about their customer service or the quality of their support.

It’s worth noting that some scammers pay companies to add fake reviews on their business listings. This way, they are able to enhance their brand’s image without putting in actual effort or providing genuine value.

Having fake reviews makes them seem more legitimate than they actually are.

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Is PEC168.com Legit Or Scam?

After a thorough investigation into PEC168.com’s practices, it becomes evident that the company operates as a scam within the MLM industry. The lack of transparency, absence of retailable products or services, and the unsustainable compensation plan all point towards a Ponzi scheme. PEC168.com’s connection to China and its “click a button” app model further solidify its status as a fraudulent operation.

In an industry that thrives on trust and transparency, companies like PEC168.com tarnish the reputation of legitimate MLM businesses. It is essential for individuals considering involvement with MLM companies to conduct thorough research and exercise caution. By shedding light on scams like PEC168.com, we aim to protect consumers and promote integrity within the MLM industry.

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Frequently Asked Questions

Is PEC168.com a scam?

According to the online reviews of this company, it’s highly probable that PEC is a scam. You should exercise caution when dealing with them.

Can I withdraw money from PEC168.com?

Yes, you can withdraw your funds from PEC168.com by getting in touch with one our experts. Get your money back immediately.

Where is PEC168.com Located?

There is no information available on the location of PEC168.com.

How do I get my money back from PEC168.com?

To get your money back from PEC, you can file a chargeback. To learn how to do so, click here.
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How The PEC168.com Online Scam Works

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.

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If you’ve lost money with PEC168.com, we can help you get your funds back. Schedule a free consultation with our team of experts and we will have a look.
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PEC168.com Review: Scam Or Legit? | Recover Lost Funds
PEC168.com Review: Scam Or Legit? | Recover Lost Funds

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