A new entity has entered the market with a cryptic background and questionable practices, PeradoxPro. This company has raised several red flags, and as diligent investigators, we’ve taken the task of examining this organization thoroughly.
You can help us put a stop to online scams before they grow too big and end-up ruining thousands of lives. A scam is a scam, doesn’t matter if it’s big or small. Now that this is out of the way, let’s get started with the review.
The Veiled Identity of PeradoxPro
The company operates under a shroud of mystery, withholding crucial information about its ownership or executive structure on its official website. This lack of transparency is often a red flag in the MLM industry.
Remember, if a company isn’t publicly disclosing who’s in charge, it’s worth reconsidering your involvement.
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.
The Absence of Retailable Products or Services
Another alarming aspect of PeradoxPro is its lack of sellable products or services. The only thing affiliates can market is the membership to PeradoxPro itself. This practice is common among organizations operating under questionable circumstances.
The Investment Model of PeradoxPro
PeradoxPro uses an investment model that encourages affiliates to invest in Pakistan rupees (PKR) or equivalent cryptocurrencies with the promise of significant returns.
The investment structure is as follows:
- Pro 1 – An investment of 480 PKR promises returns up to 500 PKR daily
- Pro 2 – An investment of 880 PKR promises returns up to 1000 PKR daily
- Pro 3 – An investment of 1180 PKR promises returns up to 5000 PKR daily
The Referral Commission Structure
PeradoxPro operates on a unilevel commission structure, paying referral commissions on invested PKR down to three levels of recruitment.
The commission percentages are as follows:
- Level 1 (personally recruited affiliates) – 24%
- Level 2 – 3%
- Level 4 – 1%
Joining the PeradoxPro Scheme
Joining PeradoxPro as an affiliate is free, however, to participate fully in the income opportunity, a minimum investment of 480 PKR is required. From our research, PeradoxPro appears to operate through EasyPaisa and JazzCash.
The Underlying ‘Click a Button’ Ruse
PeradoxPro operates under a ‘click a button’ Ponzi scheme. Investors are required to undertake menial tasks, which are claimed to generate revenue for PeradoxPro.
However, this doesn’t stand up to scrutiny. The revenue generation model doesn’t make sense – random button clicking doesn’t equate to genuine customer orders. In reality, PeradoxPro seems to be recycling newly invested funds to pay off earlier investors.
The Emergence of ‘Click a Button’ Ponzi Schemes
PeradoxPro is one among many ‘click a button’ Ponzi schemes that have surfaced since late 2021. Other collapsed schemes following similar models include Movss, FocuStar, and AOL918.
The lifespan of these schemes is typically short-lived, enduring only a few weeks to a few months before their inevitable collapse. The modus operandi is to disable their websites and apps without notice, leaving the majority of investors at a loss.
The Common Culprits Behind the Schemes
These schemes are believed to be orchestrated by the same group of Chinese scammers, who seem to have a knack for creating these ‘click a button’ Ponzi schemes.
PeradoxPro is yet another player in the game of ‘click a button’ Ponzi schemes. The lack of transparency, the absence of sellable products or services, and the dubious investment model are all red flags that potential investors should be wary of.
In conclusion, be cautious and conduct thorough research before investing your hard-earned money into such ventures. As diligent investigators, we will continue to expose such schemes and inform our readers about them.