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UKFarm fails to supply possession or govt data on its web site.
UKFarm’s web site area (“ukfarm.vip”), was privately registered on June 2nd, 2024.
In an try to seem official, UKFarm cites a clothes retailer and the “Crimson Tractor Assurance Scheme” as regulatory authorities:
That is false on each counts.
UKFarm has already attracted the eye of monetary regulators. The Central Financial institution of Russia issued a UKFarm pyramid fraud warning on June 14th, 2024.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
UKFarm’s Merchandise
UKFarm has no retailable services or products.
Associates are solely capable of market UKFarm affiliate membership itself.
UKFarm’s Compensation Plan
UKFarm associates make investments tether (USDT). That is performed on the promise of marketed returns:
- Degree 1 – make investments 9 USDT and obtain 1.8 USDT a day
- Degree 2 – make investments 50 USDT and obtain 11 USDT a day
- Degree 3 – make investments 150 USDT and obtain 33 USDT a day
- Degree 4 – make investments 460 USDT and obtain 110 USDT a day
UKFarm pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 12%
- degree 2 – 3%
- degree 3 – 1%
Becoming a member of UKFarm
UKFarm affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal 9 USDT funding.
UKFarm Conclusion
MK-Life is one more “click on a button” app Ponzi scheme.
MK-Life misappropriates the branding of Farm Collectively, a online game launched in 2018.
For sure UKFarm has nothing to do with Farm Collectively.
UKFarm doesn’t trouble developing with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned process in UKFarm is “orders”. This sees UKFarm affiliate buyers log in day by day to “click on a button”.
Clicking the button day by day qualifies UKFarm buyers to obtain day by day returns.
Past that clicking a button inside UKFarm does nothing, there isn’t a exterior income. All UKFarm does is recycle newly invested funds to pay earlier buyers.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical stolen id ruse are Ecard Bot, Pc USDT and Tesla Supercharger.
Since 2021 BehindMLM has documented a whole lot of “click on a button” app Ponzis. Most of them final a couple of weeks to a couple months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving nearly all of buyers with a loss (inevitable Ponzi math).
The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.
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