Introax supplies 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 Regulation”.
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 look legit, Introax supplies 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 purple flag.
UK incorporation is dust 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 popular jurisdiction for scammers seeking to incorporate, function and promote fraudulent corporations.
For the aim of MLM due-diligence, incorporation within the UK or registration with the FCA is meaningless.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, assume lengthy and laborious 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 every 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
- Skilled 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):
- degree 1 (personally recruited associates) – 5%
- degree 2 – 3%
- degree 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 by way of unspecified buying and selling.
All you need 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 totally free.
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 every 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, ultimately inflicting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.
Replace third February 2022 – Introax seems to have collapsed on the finish of January.