Empic fails to offer verifiable possession or govt info on its web site.
Empic’s web site cites Isaac Hoffman Y. as “CEO & Shareholder” of the corporate.
That is in direct distinction to Empic’s official YouTube channel, which names “Jorg Ok. Kottenbrink” as its CEO:
Kottenbrink above is represented by the person above and a dubbed over robo-voice.
That is typical of non-native English talking scammers.
Like Isaac Hoffman, Jorg Kottenbrink doesn’t exist. The scammers behind Empic have stolen footage of City Angehrn, CEO of Austrian monetary regulator FINMA.
Apparent giveaways in Empic’s doctored video are the robovoice not matching what Angehrn says and there being no point out of Empic itself (when Empic is talked about it’s clear Angehrn is saying one thing else).
The particular video Empic has doctored is a 2020 video that includes Angehr, then Group Chief Funding Officer of Zurich Insurance coverage Group.
There are two different movies on Empic’s YouTube channel; a robo-dubbed tutorial and a robo-dubbed rented workplace video that includes actors.
Though not all the time, Boris CEOs and rented officers with actors are sometimes the work of Russian scammers.
Empic’s web site area (“empic.ltd”), was privately registered on March twelfth, 2023.
As all the time, if an MLM firm is just not brazenly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Empic’s Merchandise
Empic has no retailable services or products.
Associates are solely in a position to market Empic affiliate membership itself.
Empic’s Compensation Plan
Empic associates make investments USD equivalents in cryptocurrency. That is achieved on the promise of marketed returns:
- Epic Gold Plan – make investments $200 to $100,000 and obtain 1.7% a day for six days
- Epic Silver Plan – make investments $1000 or extra and obtain 2% a day for six days
- Compounding Plan – make investments $50,000 or extra and obtain 2.2% a day for 20 days
- Actual Property Plan – make investments $50,000 or extra and obtain 3% a day for 60 days
Empic pays a 6% referral fee on invested cryptocurrency down two ranges of recruitment (unilevel).
Becoming a member of Empic
Empic affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $200 funding.
Empic solicits funding in numerous cryptocurrencies.
Empic Conclusion
If we have a look at the source-code of Empic’s web site we discover a reference to HYIP Customise:
HYIP Customise sells Ponzi templates and scripts, “banners, brand, UK incorporation & many extra”.
HYIP Customise seems to be a derivative of GoldCoders, a Ponzi web site manufacturing facility.
When you hadn’t already realized, just about all the pieces on Empic’s web site is baloney. It’s a easy crypto Ponzi scheme run off an inexpensive Ponzi template.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Empic of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.
