MK-Life, aka MerckVIP, fails to supply possession or govt data on its web site.
MK-Life’s web site area (“mk-life.vip”), was registered with bogus particulars on June third, 2024.
Of word is MK-Life’s web site area being registered via the Chinese language registrar Alibaba (Singapore).
MK-Life has already attracted the eye of monetary regulators. The Central Financial institution of Russia issued a MK-Life pyramid fraud warning on June eleventh, 2024.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
MK-Life’s Merchandise
MK-Life has no retailable services or products.
Associates are solely capable of market MK-Life affiliate membership itself.
MK-Life’s Compensation Plan
MK-Life associates make investments tether (USDT). That is achieved on the promise of marketed returns:
- VIP1 – make investments nothing and obtain 0.3 USDT a day (can’t withdraw except make investments at VIP2 or increased)
- VIP2 – make investments 16 USDT and obtain 4 USDT a day
- VIP3 – make investments 46 USDT and obtain 12 USDT a day
- VIP4 – make investments 126 USDT and obtain 34 USDT a day
- VIP5 – make investments 286 USDT and obtain 78 USDT a day
- VIP6 – make investments 586 USDT and obtain 162 USDT a day
- VIP7 – make investments 1286 USDT and obtain 358 USDT a day
- VIP8 – make investments 2586 USDT and obtain 724 USDT a day
- VIP9 – make investments 5086 USDT and obtain 1433 USDT a day
- VIP10 – make investments 9986 USDT and obtain 2833 USDT a day
The MLM facet of MK-Life pays on recruitment of affiliate traders.
Referral Commissions
MK-Life pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 8%
- stage 2 – 3%
- stage 3 – 1%
Downline Funding Bonus
If an MK-Life’s downline invests set targets over a 24-hour interval, the next bonuses are paid out:
- generate 100 USDT in downline funding and obtain 3%
- generate 500 USDT in downline funding and obtain 3.5%
- generate 2000 USDT in downline funding and obtain 4%
- generate 5000 USDT in downline funding and obtain 4.5%
- generate 10,000 USDT in downline funding and obtain 5%
Observe that downline funding is just counted down three ranges of recruitment.
Becoming a member of MK-Life
MK-Life affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal 16 USDT funding.
MK-Life Conclusion
MK-Life is one more “click on a button” app Ponzi scheme.
MK-Life misappropriates the title and branding of Merck, a biopharmaceutical firm based mostly out of the US.
For sure MK-Life has nothing to do with Merck.
MK-Life doesn’t trouble developing with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned activity in MK-Life is “orders”. This sees MK-Life affiliate traders log in day by day to “click on a button”.
Clicking the button day by day qualifies MK-Life traders to obtain day by day returns.
Past that clicking a button inside MK-Life does nothing, there isn’t any exterior income. All MK-Life does is recycle newly invested funds to pay earlier traders.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical stolen identification ruse are Ecard Bot, Laptop USDT and Tesla Supercharger.
Since 2021 BehindMLM has documented a whole bunch of “click on a button” app Ponzis. Most of them final a number of 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 nearly all 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.