Epic Buying and selling has obtained a pyramid scheme warning from the Philippines.
As per the Philippine SEC’s nineteenth January discover;
What makes EPIC TRADING interesting to the general public just isn’t the enterprise of international alternate however the probability to earn weekly and month-to-month referral charges from recruitment of as much as $1,000,000.00.
An IBO is entitled to obtain earnings in accordance with the EPIC Compensation Plan, which is principally a typical pyramiding cum Ponzi scheme i.e. the extra recruits, the upper the compensation.
BehindMLM reviewed Epic Buying and selling in September 2020. We recognized disclosure points and the potential for pyramid recruitment.
It’s fairly apparent that Epic Buying and selling’s compensation plan was written with affiliate recruitment in thoughts.
One factor we cleared Epic Buying and selling of is securities fraud, by means of the corporate not soliciting funding or offering automated returns of any type.
The Philippine SEC, presumably as a precautionary measure, slap Epic Buying and selling with a further securities fraud warning.
The general public is hereby knowledgeable that EPIC TRADING is NOT registered as a company nor as a partnership.
EPIC TRADING is likewise not approved to supply, solicit, promote or distribute any funding/securities to the general public.
The general public is cautioned that any provide or promise of ridiculous charges of return with little or no threat just like what EPIC TRADING is providing is a sign of a attainable Ponzi Scheme the place returns to early traders are more likely to be paid out from the investments of latest traders and never out of the businesses’ income just like these already flagged by the Fee as scams.
Epic Buying and selling’s web site site visitors seems to have been in decline for many of 2021.
Alexa at present ranks the US as the one notable supply of site visitors (83%).
