Monday, May 20, 2024
HomeNetwork MarketingPlaying ruse Ponzi concentrating on Pakistan

Playing ruse Ponzi concentrating on Pakistan


AGS fails to supply possession or govt data on its web site.

AGS’ web site area “agspakistan.com”, was privately registered on April twenty seventh, 2023. Observe nonetheless that AGS didn’t formally launch until August twenty eighth.

As all the time, if an MLM firm is just not overtly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.

AGS’ Merchandise

AGS has no retailable services or products.

Associates are solely in a position to market AGS affiliate membership itself.

AGS’ Compensation Plan

AGS associates make investments Pakistani Rupees (PKR) on the promise of marketed returns:

  • Large Purple Cupboard – make investments Rs. 888 and obtain Rs. 1.3 an hour for 12 months
  • Curve Premium – make investments Rs. 1800 and obtain Rs. 5 an hour for 38 days
  • Orion Portrait – make investments Rs. 7000 and obtain Rs. 21.5 an hour for 38 days
  • Orion Upright – make investments Rs. 16,000 and obtain Rs. 54.50 an hour for 38 days
  • Orion Saint – make investments Rs. 42,000 and obtain Rs. 162 an hour for 38 days
  • Orion Starwall – make investments Rs. 96,000 and obtain Rs. 417 an hour for 38 days
  • Orion Curve – make investments Rs. 180,000 and obtain Rs. 915 an hour for 38 days
  • Spectre – make investments Rs. 320,000 and obtain Rs. 1961 an hour for 38 days

The MLM facet of AGS pays on recruitment of affiliate buyers.

Referral Commissions

AGS associates earn 30% of funds invested by personally recruited associates.

ROI Match

AGS pays a ROI Match down three ranges of recruitment (unilevel):

  • stage 1 (personally recruited associates) – 6%
  • stage 2 – 3%
  • stage 3 – 1%

Observe that “Large Purple Cupboard” tier associates don’t qualify for the ROI Match.

Becoming a member of AGS

AGS affiliate membership is free.

Full participation within the hooked up revenue alternative requires a minimal Rs. 888 funding.

AGS solicits funding by what seems to be a Chinese language clone of OnePay:

This offers AGS entry to Pakistani cost processors EasyPaisa and JazzCash.

AGS Conclusion

I’m probably not positive what to make of AGS simply but. It’s an apparent Ponzi scheme concentrating on low-hanging fruit in Pakistan, possible run by Chinese language nationals hiding in Singapore.

That is nothing new however it’s not the standard “click on a button” app Ponzi. Primarily there’s no distinction between AGS and the “click on a button” app Ponzi mannequin, they simply removed the “click on a button” requirement.

There’s additionally no tether, and AGS’ area title is geo-specific. Maybe we’re a brand new lazy Ponzi app cell?

Or given what number of “click on a button” app Ponzis they’ve launched concentrating on Pakistan, maybe they’ve dropped the apparent identifier. Who is aware of.

AGS’ Ponzi ruse is income sharing from slot machines:

Powered by high-performing Class II and Class III slot video games, standout service and sport cupboards, an award successful desk merchandise portfolio, and widespread social and igaming presence, AGS gives an unmatched worth proposition for our on line casino gamers!

The irony in fact being that playing is unlawful in Pakistan.

Not that it issues. There isn’t any playing and there aren’t any slot machines. All AGS is doing is shuffling newly invested funds to pay withdrawals.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

This may starve AGS of ROI income, ultimately prompting a collapse.

The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments