List of GEC virtual money pyramid schemes
Any network virtual currency is deceptive, which is not recognized by the state and does not have the characteristics of general equivalent. Normal currency has gold standard and silver standard
GEC is a pyramid selling project in the form of virtual currency“ "GEC environmental protection coin" has been attracting more and more people, and the mode of developing funds by pulling down the line does exist
"GEC environmental protection coin" is similar to the transaction mode of environmental protection coin, which has touched the bottom line of some laws. It is similar to the mode of pyramid scheme, which uses high income to attract users. In the end, because it does not generate profits, or the income can not cover the expenditure, that is, it can only evolve into a game of carrying sedan chair, so it is more likely to drum and pass flowers, Investors are advised to be vigilant
if you rely on offline development, you can get online revenue. This business model is very similar to MLM. The virtual currency of GEC environmental protection currency is a new currency designed by its behind the scenes controllers. The legitimacy of its transaction has not been recognized, so investors are advised not to participate
extended information:
"GEC environmental protection coin" is obviously in line with the nature of pyramid scheme
1. Attract customers with high income, but external claims only rise, which is a great temptation for investors
2. Build a pyramid sales structure, build a membership model, and realize the viral sales of GEC
3. Its sales and operation dare not be exposed to the "sunshine", only through private means, such as wechat group, which has a very high concealment and the nature of evading supervision
To sum up, the income model of "GEC green currency" seriously deviates from the nature of bitcoin assets, and even violates relevant laws and regulations. It is suggested that investors should use the investment mode similar to virtual currency cautiously. Such a model can be characterized as ICO, the core is illegal ICO, and the means is MLM modelGEC is a pyramid selling project in the form of virtual currency“ "GEC environmental protection coin" has been attracting more and more people, and the mode of developing funds by pulling down the line does exist“ "GEC environmental protection coin" is similar to the trading mode of environmental protection coin, which has touched the bottom line of some laws. It is similar to the mode of pyramid scheme. It uses high income to attract users. In the end, because it does not generate profits, or the income can not cover the expenditure, it can only evolve into a game of carrying sedan chair. It is more likely to drum and pass on flowers. Investors are advised to be vigilant
if you need to develop offline, you can get online revenue. This business model is very similar to MLM. The virtual currency of GEC environmental protection currency is a new currency designed by its behind the scenes controllers. The legitimacy of its transaction has not been recognized, so investors are advised not to participate
extended information:
"GEC environmental protection coin" is obviously in line with the nature of pyramid scheme
one is to attract customers with extremely high returns and declare that they only go up but not go down, which has great attraction to investors
the second is to build the head MLM framework, build the membership mode, and realize the viral sales of GEC
Third, its sales and operation dare not be exposed to the "sunshine", but only through private means such as wechat group, which has the attributes of high concealment and avoiding supervision All in all, the income model of "GEC eco currency" has seriously deviated from the nature of bitcoin like assets, and even violated relevant laws and regulations. It is suggested that investors should guard against similar virtual currency investment model. This kind of mode can be identified as ICO, the core is illegal ICO, and the means is MLM modeGEC mining machine is a pyramid scheme. The new trading mode of "GEC environmental protection coin" has been widely spread. The mode takes "ecological environment protection", "zero investment", "zero risk" and "high income" as labels, and draws the development capital chain down the line by pulling people into the partnership. Environmental protection coins can basically be classified as disks and circles. The appearance of disk circle is virtual currency, and the core is capital disk. The former's income comes from the later's capital. This model is not only suspected of ICO in disguise, but also suspected of MLM
there is also a way of "cloud computing power" in the trading mode of "GEC environmental protection coin"“ The "cloud computing power" has been running for 1440 hours with an expected annual rate of return of 200%, 2160 hours with an expected annual rate of return of 250%, 4320 hours with an expected annual rate of return of 300%, 8640 hours with an expected annual rate of return of 350%
but "cloud computing power" means that investors spend money to buy the lease right of mining machinery for a certain period of time, and the professional mining machinery management platform provides the lease service, which is a bit similar to the concept of crowdfunding. If the price of virtual currency continues to fall, mining will not make money
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extended information:
Article 7 of the regulations on the prohibition of pyramid selling
the following behaviors belong to pyramid selling behaviors:
(1) the organizer or operator, through the development personnel, requires the development personnel to develop other personnel to join, To calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developing personnel based on the number of the personnel they have directly or indirectly developed in a rolling way, so as to seek illegal benefits
(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join and seek illegal interests (3) the organizers or business operators, through the development personnel, require the development personnel to develop other personnel to join, form the relationship between the upper and lower line, and calculate and pay the online remuneration based on the sales performance of the lower line, so as to seek illegal interests Article 8 the administrative department for Instry and Commerce shall, in accordance with the provisions of these regulations, be responsible for investigating and dealing with the pyramid selling activities specified in Article 7 of these regulationsin order to protect the right of privacy, the specific name will not be released, such as the case of "Wanfu coin of future city" organized and led pyramid selling activities cracked in Xuzhou, and the official name of its leader is Liu Mou Ben Strong>
reporters in some "Wan Fu" promotion website and official account, many of the title of Liu, including the president of the global future city group, former vice governor of California, etc., and many pictures of Liu and foreign dignitaries and celebrities. In order to develop more members, Mr. Liu also held a huge investment promotion conference in Bali, Indonesia, Hong Kong and other places, attracting thousands of people from China
Liu also claimed that "Wanfu coin" was approved by the US Securities Regulatory Commission and the China Banking Regulatory Commission and would soon apply for a direct sales license in China. According to police investigation, "Wanfu coin" as a virtual digital currency has no legal basis to apply for direct marketing license in China, which is purely fictitiousaccording to the relevant person in charge of Xuzhou public security bureau, "Wanfu coin" reflects the new characteristics of the current MLM
1. In the name of virtual currency, virtual currency is a new thing for pyramid selling. At the same time, it is attractive under the banner of e-commerce, personal finance and distance ecation, which is not understood by the general public and easy to be deceived
2. Development members on the Internet are all carried out on the Internet, and members can only join the MLM through the website, and the user names used are pseudonyms or code names, and they all have their own login passwords. They chat with each other mainly through wechat. This has changed the traditional mode of setting up a studio and a newspaper center to organize activities, and increased the concealment of MLM
3. Spread on the Internet
the Internet makes the pyramid selling break through the restrictions of regions and national boundaries. The backbone personnel of pyramid selling often set their headquarters abroad, hide abroad and issue orders. It is difficult to arrest, recover stolen goods and get rid of the roots when funds are transferred abroad
according to the police, there are 100 or 200 kinds of "virtual currency" publicized on the Internet, which is hard to distinguish between true and false. The use of virtual currency for illegal fund-raising, pyramid selling, fraud and other criminal activities are frequent, investors should carefully screen P>
has the final say:
virtual currency network platform features
1, hype "new concept"
virtual currency network platform has very flexible form, often make only superficial changes, many are just made some concepts, all "game rules" are all platform based, there is a very big black box operation space. p>
2. Advocate "zero risk"
"real zero risk, only make no loss financial project", "China's first FC virtual currency is born, will create countless millionaires again"... The reporter saw that on a flyer page of FC virtual currency, there is such a slogan. A "player" told reporters that other "players" also claimed that in the future, a coin can buy a house
In the case of Yiyang network platform, many participants are over 60 years old, and the oldest is close to 80 years old. They usually spend most of their time at home with their grandchildren. They don't understand the Internet, and they listen to others. The elderly have accumulated a certain amount of wealth, and they don't know much about new things, so it's difficult to identify false propaganda, so it's easy to become the target of these network platformsIt belongs to fraud, but the information has been leaked. Now even if you want to find it, you can't find it back. You have to be very careful with your life. You have to pay more attention to the information on the Internet. Is there something wrong with your credit? If you find it soon, you can solve it quickly
GEC mining machine is a pyramid scheme. The new trading mode of "GEC environmental protection coin" has been widely spread. The mode takes "ecological environment protection", "zero investment", "zero risk" and "high income" as labels, and draws the development capital chain down the line by pulling people into the partnership. Environmental protection coins can basically be classified as disks and circles. The appearance of disk circle is virtual currency, and the core is capital disk. The former's income comes from the later's capital. This model is not only suspected of ICO in disguise, but also suspected of MLM
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extended information:
Article 7 of the regulations on the prohibition of pyramid selling
the following behaviors belong to pyramid selling behaviors:
(1) organizers or operators require the developed personnel to develop other personnel through the development personnel, To calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developing personnel based on the number of the personnel they have directly or indirectly developed in a rolling way, so as to seek illegal benefits
(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join and seek illegal interests1. Directly in the main interface of carefree love, select the icon button to enter
The popularity of digital currency is very high in recent years. People have different opinions on digital currency. Some people support it, while others think it's just another gimmick. As ordinary people, we can invest in digital currency, but at the same time, we should be alert to those who use digital currency to defraud or even pyramid schemes. GEC environmental protection currency has been popular in Hubei for a period of time. Many people have promoted this so-called new digital currency. However, after the investigation by reporters and police, it is found that this digital currency is actually a fraud{ RRRRR}
MLM organizations exist all the time, but they often change their face. They use whatever is popular to publicize . Now that digital currency is popular, they use digital currency to cheat. Here, I also hope that the police can take these groups seriously and try to bring them to the end