The collapse of the eBayShop “click on a button” app Ponzi has hit Fiji exhausting, prompting an official authorities response.
eBayShop was a typical “ecommerce” ruse click on a button app Ponzi. Gullible buyers had been led to consider “clicking a button” in an app corresponded with eBay orders.
These fictional orders purportedly generated income, which eBayShop shared with buyers.
After all there have been no orders, and there are many different “click on a button” app Ponzis which have used the identical ruse; e,g, WishM, FFST Group and DFMall.
Within the wake of eBayShop’s collapse, the Fiji authorities confirmed an ongoing investigation into the Ponzi scheme.
The Ministry of Commerce, Co-operatives, Small and Medium Enterprises and Communications (Ministry) is issuing an pressing advisory to the folks of Fiji concerning the rising prevalence of fraudulent schemes in Fiji. Significantly alarming are the continuing scams perpetrated by the infamous EbayShop On-line Recruitment scheme.
In response to those threats, the Ministry has taken proactive steps to safeguard Fijians’ monetary wellbeing and safety. As a part of our dedication to tackling such fraudulent actions, particularly these utilising on-line platforms, we have now established a Multi-Interagency Taskforce (Taskforce).
The Taskforce is chaired by the Everlasting Secretary for Commerce, Co-operatives, Small and Medium Enterprises and Communications, which includes the next businesses: Fijian Competitors and Shopper Fee (FCCC); Shopper Council of Fiji (Council); Reserve Financial institution of Fiji (RBF) and Fiji Police Pressure (FPF).
FCCC CEO Mr Joel Abraham talked about that investigations into EbayShop had began a number of months in the past.
Sadly for Fijians “click on a button” app Ponzis are run by Chinese language scammers hiding in Asia. It’s unlikely any Fijian investigation will result in arrests overseas.
What Fijian authorities can do is go after native promoters who unfold eBayShop throughout Fiji. Whether or not anybody is held accountable stays to be seen.