MEC fails to supply possession or government info on its web site.
MEC’s web site area (“mecbm.com”), was privately registered on June 14th, 2023.
If we take a look at MEC’s web site source-code, we discover Chinese language:
This means whoever is operating MEC has ties to China.
As at all times, if an MLM firm is just not brazenly upfront about who’s operating or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
MEC’s Merchandise
MEC has no retailable services or products.
Associates are solely in a position to market MEC affiliate membership itself.
MEC’s Compensation Plan
MEC associates make investments tether (USDT). That is completed on the promise of marketed returns:
- Velib Shared Bike – make investments 50 USDT or extra and obtain 21% over 70 days
- Velib City Shared Electrical energy – make investments 100 USDT or extra and obtain 54% over 15 days
- 30 Days Movie Rights Funding – make investments 200 USDT or extra and obtain 114% over 30 days
- 60 Days Movie Rights Funding – make investments 1000 USDT or extra and obtain 240% over 60 days
The MLM aspect of MEC pays on recruitment of affiliate traders.
Referral Commissions
MEC pays referral commissions down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 10%
- degree 2 – 5%
- degree 3 – 3%
Bonuses
MEC pays a bonus on downline recruitment targets:
- recruit 5 associates who collectively have invested at the very least 300 USDT and obtain 30 USDT
- recruit twelve associates who collectively have invested at the very least 1500 USDT and obtain 60 USDT
- recruit twenty associates who collectively have invested at the very least 5000 USDT and obtain 150 USDT
Becoming a member of MEC
MEC affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal 50 USDT funding.
MEC Conclusion
MEC is one more “click on a button” app Ponzi scheme.
MEC’s “click on a button” Ponzi ruse is movie funding:
The introduced ruse is MEC associates log in and click on a button (the extra invested the extra the button must be clicked).
Clicking the button purportedly generates income through rights leasing, a share of which MEC shares with affiliate traders.
If that is unnecessary it’s as a result of it doesn’t. Clicking a button in an app has nothing to do with movie funding or leasing movie rights out.
In actuality clicking a button inside MEC does nothing. All MEC is doing is recycling newly invested funds to pay earlier traders.
MEC is a part of a gaggle of “click on a button” app Ponzis that emerged in late 2021.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical movie funding ruse embody Jawa Eye and Movss.
Together with MEC, BehindMLM has so far documented seventy-five “click on a button” app Ponzis. Most of them final a couple of weeks to some 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.