The WishM “click on a button” app Ponzi has collapsed.
Withdrawals had been disabled yesterday and buyers are being threatened with fictitious motion from the US Division of Commerce.
WishM is a typical “faux orders” click on a button app Ponzi run by Chinese language scammers.
Of WishM’s identified web site domains, “wishm.television” is the final lively area remaining.
In July 2023, SimilarWeb tracked ~181,000 visits to WishM’s web site. Space being focused embrace Suriname (33%), Belgium (29%), Macedonia (28%) and the Netherlands (10%).
I’m additionally seeing a whole lot of chatter from Libera on-line, suggesting recruitment there might need picked up in direction of late July.
Across the time WishM disabled withdrawals buyers had been proven the next pop-up once they accessed WishM’s web site:
Discover: Just lately some unlawful personnel have been discovered to maliciously slander the corporate, severely affecting the corporate’s company picture.
WishM is a reliable enterprise acknowledged by the U.S. Division of Commerce.
WishM solemnly informs these lawbreakers that the WishM Authorized Division has begun to gather proof of wrongdoing by related personnel and submit the related proof to the judicial division.
WishM will take motion towards people and companies for defamation of the Firm.
First off WishM isn’t “acknowledged” by the US Dept. of Commerce. WishM has no ties to the US past registering a shell firm with bogus particulars there, which anybody can do for just a few {dollars}.
Secondly defamation within the US is a civil matter. It’s not one thing the US Dept of Commerce would become involved in.
And lastly WishM is a Ponzi scheme. Calling it out as such is neither towards US regulation or defamatory.
What foolish statements like this are designed to do is cease buyers from complaining on-line. This may make it tougher for authorities to research WishM.
Following its hole risk discover, WishM knowledgeable buyers it might be re-enabling withdrawals between Wednesday and Sunday.
There are just a few eventualities that may play out from right here:
- WishM makes selective withdrawals, which might be parroted on social media as proof it hasn’t collapsed.
- WishM does nothing publicly, makes use of the time to Sunday to create as a lot distance between itself and buyers after which disables its web site in some unspecified time in the future.
- WishM does nothing publicly (i.e. they’ve already fled the nations they’ve scammed), lets buyers drown in public panic and transfer on to the subsequent app Ponzi.
Whichever route they select, click on a button app Ponzis collapsing with out discover is nothing new. BehindMLM has up to now documented sixty-nine of them.
So long as individuals maintain falling for the rip-off, we’re prone to see this kind of app fraud proceed.
Replace seventeenth August 2023 – WishM has disabled its “wishm.television” web site area. The exit-scam seems to be full.