iGenius, DreamTrips and Jifu are below investigation in Poland.
The Workplace of Competitors and Shopper Safety (UOKiK), is particularly investigating whether or not these corporations are pyramid schemes.
The iGenius, Dream Journeys and Jifu platforms can doubtlessly represent pyramid-type promotional techniques during which incomes relies on buying new members to the distribution construction.
The Workplace is clarifying whether or not the iGenius, Dream Journeys and Jifu on-line platforms don’t violate the collective pursuits of shoppers.
Whatever the pretext used, the frequent denominator of such techniques is the recruitment of recent members, constructing a construction and the promise of income.
Earnings come from new contributors, however the system should collapse after a while as a result of the cash deposited isn’t invested in any property.
UOKiK’s investigation into iGenius, DreamTrips and Jifu follows complaints from Polish shoppers.
As reviewed right here on BehindMLM;
- iGenius commits securities fraud by way of the unregistered providing of automated buying and selling (it needs to be famous that iGenius and dad or mum firm Investview are additionally below SEC investigation)
- DreamTrips’ enterprise mannequin lends itself to the MLM firm working as a pyramid scheme
- Jifu incorporates exhorbitant affiliate membership charges with pay to play, additionally lending itself to operation as a pyramid scheme
UOKiK warns that operating a pyramid scheme in Poland carries the danger of a 2 million PLN positive (~$463,440 USD). Promoters of pyramid schemes face 10% disgorgement of ill-gotten features.