Jawa Eye – Is this is a Ponzi Scheme? The Truth Exposed (2023)
On its website, Jawa Eye eliminates the listing of ownership or executive details.
According to Jawa Eye, its headquarters are in Indonesia. But moreover makes accessible through its website other registration certificates for the UK and Singapore.
On July 28, 2022, PT Jawa Internet Film Indonesia allegedly filed to do business in Indonesia.
On March 24, 2022, Lead Tech Group International Pty Ltd allegedly registered in Singapore.
On July 15, 2022, Labon Brother LTD ostensibly registered in the UK.
It is unknown what, if anything, Lead Tech Group International and Labon Brother have to do with Jawa Eye.
Basic incorporation in any jurisdiction is irrelevant for MLM due diligence purposes.
This is because con artists may easily file fictitious information for shell corporations.
There are four websites associated with this scam:
|Website Name||The date on which they were Privately Registered|
|“jawaeye.com”||July 17th, 2022|
|“jawaeyevipam.com”||July 19th, 2022|
|“jawaeyes.com”||July 28th, 2022|
|“jawaeyeo.com”||September 9th, 2022|
Up until February 2023, no one visited any of their websites. At the same time, recruiting in Pakistan is booming.
The bulk of visitors to all of Jawa Eye’s websites as of March 2023 comes from Pakistan.
If an MLM company is not totally honest about who owns or operates it, always think twice before joining or contributing any money to it.
Do They Sell Any Products?
No goods or services are offered by them.
Associates can only promote the scam as an affiliate in and of itself.
Compensation Plan for the Scam
Affiliates of Jawa Eye invest in “ticket” positions using tether (USDT). The prospect of an ROI motivates this.
Daily earnings are used to highlight several Jawa Eye investment plans:
A longer time span is covered by other Jawa Eye investing plans:
|VIP||No. of affiliated ticket positions you can invest|
Although I couldn’t pinpoint the qualifications for VIP ranks, they are often based on how much a partner has contributed or how little they have persuaded others to invest.
On the MLM front, Jawa Eye provides commissions on the USDT that affiliates acquired by it invest. Through a unilevel payment structure, such commissions are distributed.
In a unilevel compensation system, an affiliate is at the head of the unilevel team, and each affiliate that was recruited by them is positioned immediately under them (level 1).
If any level 1 follower brings on fresh affiliates, the new affiliates are assigned to the original affiliate’s unilevel team at level 2.
In the event that any level 2 affiliates bring on new affiliates, they are promoted to level 3, and so on and so on down a theoretically unlimited number of levels.
At six unilevel team levels, Jawa Eye caps commissions:
- level 1 (affiliates directly hired) – 20%
- level 2 – 15%
- level 3 – 10%
- level 4 – 5%
- level 5 – 3%
- level 6 – 2%
Joining the Jawa Eye
There is no cost to join a Jawa Eye affiliate.
A tether (USDT) investment is necessary for full participation in the connected income potential.
The Bottom Line
The following movie productions are being financed by Jawa Eye’s affiliates:
The presentation of the ticket investment plans emphasizes how ticket revenues will assist the motion picture industry.
How exactly does a Ponzi scheme operate?
An investment fraud known as a Ponzi scheme draws investors with claims of great returns and no risk but fails to invest the money as stated. Instead, it pays off earlier investors with money from future investors while maybe keeping a portion of the profits. These schemes typically fail when recruiting investors becomes challenging or when multiple investors attempt to cash out. They depend on a steady flow of new buyers to operate. They are called after Charles Ponzi, who ran a similar scam using postal stamps in the 1920s.
Both assertions are certain lies, with Jawa Eye having nothing to do with the motion picture or television businesses.
By using shady websites that engage in securities fraud, movie studios do not request funding for their projects.
Through shady applications, theaters don’t provide fake movie tickets.
Regarding Jawa Eye’s “click a button” functionality, I think that for longer plans, affiliates are required to log in every day and do a button-clicking action. Payroll is ignored when something isn’t done.
The SEC’s Edgar database is freely accessible, making it simple to confirm Jawa Eye isn’t registered with the agency.
Several “click a button” apps Ponzis have appeared since late 2021, and Jawa Eye is one among them.
It is thought that the “click a button” software Ponzi scourge is the work of the same Chinese con artists.
Chinese may be found in the source code if one accesses the help area of the Jawa Eye app, you can have a look below –