Introax gives no info on their web site about who owns or runs the corporate.
The one level of contact supplied is a shady Telegram group. The admin of Introax’s Telegram group is somebody going by the alias “Steve Legislation”.
Introax has a YouTube channel, on which there’s one official advertising video. It’s a inventory footage with voiceover affair typical of MLM scams.
Introax’s web site area (“introax.com”), was privately registered on January sixth, 2022.
In an try to seem respectable, Introax gives a UK incorporation certificates for Introax LTD.
Introax LTD was integrated on January 18th, 2022.
An MLM firm working or claiming to function out of the UK is a pink flag.
UK incorporation is grime low cost and successfully unregulated. On high of that the FCA, the UK’s high monetary regulator, don’t actively regulate MLM associated securities fraud.
Because of this the UK is a well-liked jurisdiction for scammers trying to incorporate, function and promote fraudulent firms.
For the aim of MLM due-diligence, incorporation within the UK or registration with the FCA is meaningless.
As all the time, if an MLM firm will not be brazenly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Introax’s Merchandise
Introax has no retailable services or products.
Associates are solely capable of market Introax affiliate membership itself.
Introax’s Compensation Plan
Introax associates make investments funds on the promise of each day returns of as much as 5%.
- Lite Plan – make investments $25 or extra and obtain 4% a day for 30 days
- Professional Plan – make investments $3001 or extra and obtain 4.5% a day for 40 days
- Knowledgeable Plan – make investments $10,001 or extra and obtain 5% a day for 50 days
Introax pays referral commissions on invested funds down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 5%
- stage 2 – 3%
- stage 3 – 1%
Becoming a member of Introax
Introax affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $25 funding in USD or cryptocurrency.
Introax Conclusion
Introax represents it generates ROI income through unspecified buying and selling.
All it’s important to do is put money into our platform. We commerce for you. That is our job.
This declare fails the Ponzi logic take a look at.
Anybody able to legitimately producing a constant 5% a day isn’t giving freely entry without cost.
Not withstanding Introax’s passive funding alternative constitutes a securities providing, and Introax isn’t registered to supply securities in any jurisdiction.
Because it stands the one verifiable income getting into Introax is new funding.
Utilizing new funding to pay each day returns makes Introax a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Introax of ROI income, finally inflicting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.
