Fortescue fails to supply possession or government data on its web site.
It’s because Fortescue has stolen the title and brand of Fortescue Metals Group, a mining firm primarily based out of Australia.
Fortescue operates from the web site area “fortescue.cc”, registered with bogus particulars on Could tenth, 2023.
As to who’s working Fortescue, it’s possible a bunch of scammers tied to China:
This tracks with Fortescue’s web site area being registered by means of Alibaba.
As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
Fortescue’s Merchandise
Fortescue has no retailable services or products.
Associates are solely capable of market Fortescue affiliate membership itself.
Fortescue’s Compensation Plan
Fortescue associates make investments $6 or extra in tether (USDT). That is achieved on the promise of marketed returns:
- VIP1 – make investments 6 USDT and obtain 0.6 USDT a day capped at 18 USDT
- VIP2 – make investments 51 USDT and obtain 3.85 USDT a day capped at 115.50 USDT
- VIP3 – make investments 166 USDT and obtain 13.80 USDT a day capped at 414 USDT
- VIP4 – make investments 506 USDT and obtain 44.20 USDT a day capped at 1326 USDT
- VIP5 – make investments 1586 USDT and obtain 172.80 USDT a day capped at 5184 USDT
- VIP6 – make investments 4586 USDT and obtain 540 USDT a day capped at 16,200 USDT
- VIP7 – make investments 12,086 USDT and obtain 1500 USDT a day capped at 45,000 USDT
- VIP8 – make investments 35,086 USDT and obtain 5750 USDT a day capped at 172,500 USDT
- VIP9 – make investments 87,086 USDT and obtain 15,600 USDT a day capped at 468,000 USDT
Fortescue pays referral commissions on invested tether down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 12%
- stage 2 – 3%
- stage 3 – 2%
Becoming a member of Fortescue
Fortescue affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal $6 funding in tether.
Fortescue Conclusion
Fortescue is one more “click on a button” app Ponzi scheme.
Fortescue don’t specify the ruse behind associates having to log in every day and “click on a button”, nevertheless it’s assumed to be some baloney about mining income.
Simply so we’re clear, Fortescue the app rip-off has nothing to do with Fortescue Metals Group.
The scammers behind Fortescue the app rip-off have stolen Fortescue Steel Group’s brand and try to impersonate the corporate.
Be it mining income or another nonsense, it ought to be apparent that logging into Fortescue’s app and clicking a button doesn’t generate any income.
All Fortescue are doing is recycling newly invested funds to pay earlier traders.
Fortescue is a part of a bunch of “click on a button” app Ponzis which have emerged since late 2021.
Together with Fortescue, BehindMLM has to this point documented fifty-four “click on a button” app Ponzis. Most of them final just a few weeks to a couple months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving the vast majority of traders with a loss (inevitable Ponzi math).
The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.
Replace 1st June 2023 – In between me researching this evaluation and publishing it, Fortescue has collapsed.
I consider the Ponzi scheme’s web site went down just a few days in the past with out warning.