Inside 24 hours of BehindMLM reporting on MetaMax’s Philippine SEC fraud warning, the scammers behind the Ponzi scheme pulled the plug.
MetaMax’s .VIP area has been disabled. The Ponzi scheme’s different .TOP area was disabled someday in June.
The Philippine SEC MetaMax fraud warning coincided with the vast majority of MetaMax traders being Philippine residents.
MetaMax itself was a easy task-based Ponzi scheme, run by a now disabled cellular app.
Sometimes task-based Ponzi schemes are the work of Chinese language scammers. MetaMax’s official FaceBook web page nevertheless was managed from Brazil.
Formally, MetaMax was headed up by an fictional AI avatar government:
Within the wake of MetaMax’s collapse, the standard restoration scammers are out and about attempting to double-scam victims. Anybody who invested into MetaMax and is being solicited for restoration must be suggested you’re going to be scammed once more.
Whether or not it’s an official reboot or not is unclear however Meta Quest-Plus has emerged since MetaMax’s collapse.
Meta Quest-Plus operates from the area “meta66.com”. The area was bought in late Could with registration particulars pointing to Cambodia.
This could possibly be a ruse however organized Chinese language crime teams do run all these scams from compounds in Asian nations.
The compounds are stuffed with human trafficked victims from Asian nations (usually recruited with the lure of pretend reliable job presents).
Successfully slaves as soon as kidnapped, the victims are compelled to arrange and run app Ponzi scams. What we see with the MLM app Ponzis is simply a part of the fraud carried out.
Meta Quest-Plus is a lazy copy and paste of MetaMax. The scammers have lazily misappropriated the branding, emblem and IP of Meta, the corporate behind FaceBook.
It ought to go with out saying that Meta Quest-Plus has nothing to do with Meta.
In the event you’re dumb sufficient to fall for a similar rip-off twice you’re going to lose cash… once more.