The PerRank Ponzi scheme is demanding more money from its investors.
Withdrawals have been disabled and those who don’t hand over funds will be terminated.
PerRank’s announcement was pushed out 24 to 48 hours ago. It begins with the false narrative that PerRank has been around for 10 years;
Thanks to all PerRank members for over 10 years of support.
PerRank has improved the ranking and sales of products for many online sellers.
As per BehindMLM’s PerRank review, the company’s website domain was registered in February 2022. PerRank has only been around for a few months.
The ruse behind PerRank was investors clicking a button generated sales orders for ecommerce platforms. Somehow that translated into an investment platform offering passive returns over 180 days.
It is of course all baloney, but PerRank is sticking to the script as it likely teeters on collapse;
Because the seller has given us too many order to be processed. [sic] PerRank headquarters hopes that all members will upgrade to a higher VIP to complete more orders.
Our services have been praised by merchants and given us [sic] a huge number of orders.
PerRank’s business is booming.
“Upgrading to a higher VIP” equates to investing more money.
Members who upgrade to a higher VIP will be able to continue doing tasks, while having more daily income and withdrawal permissions.
PerRank has disabled withdrawals, giving affiliates until June 16th to dump more money into the Ponzi scheme.
Members who do not upgrade to a higher VIP before June 16th will be terminated cooperation, and the work deposit will be refunded 180 days joining the VIP.
There are a few things in play here. Firstly there’s only one reason a Ponzi scheme stops paying; PerRank has collapsed.
Secondly this is a cash grab before they go offline. Nobody is getting anything back after 180 days. Anyone who hands over more money is setting themselves up for additional losses after June 16th.
I suspect PerRank’s website will go offline by the end of the month. They aren’t paying anyone out though so they can afford to drag things out for a bit.
PerRank investor losses are unknown. SimilarWeb ranks top sources of traffic to PerRank’s website as Pakistan (57%), Turkey (18%), Saudi Arabia (12%) and China (8%).
PerRank is part of a group of “click a button” app Ponzis launched over the past few months.
Thus far BehindMLM has documented:
- COTP – pretended affiliates clicking a button generated trading activity, collapsed May 2022
- EthTRX is a similar app-based Ponzi, with the daily task component disabled
- Yu Klik – pretends clicking a button generates trading activity, targeting Indonesia
- KKBT – pretended clicking a button generates crypto mining revenue, targeted South Africa and India & collapsed early June 2022
- EasyTask 888 – pretends clicking a button was tied to social media manipulation (YouTube likes), targets Colombia
- DF Finance – pretended clicking a button generated “purchase data” which was sold to ecommerce platforms, collapsed June 2022
- Shared989 – pretended clicking a button was tied to social media manipulation (YouTube likes etc.), collapsed June 2022
- 86FB – pretended clicking a button was tied to gambling on football match outcomes, collapsed April 2022
- 0W886 – pretended clicking a button was tied to gambling on football match outcomes, collapsed May 2022
- U91 – pretended clicking a button was tied to gambling on football match outcomes, collapsed May 2022
- 365Ball – pretends clicking a button is tied to gambling on football match outcomes, (has collapsed multiple already)
- YLCH Football – pretends clicking a button is tied to gambling on football match outcomes
- Parkour – pretends clicking a button is tied to social media manipulation (YouTube likes etc.)
- OTCAI – pretended affiliates clicking a button generated trading activity, collapsed May 2022
- N9 Football – pretended affiliates clicking a button was tied to gambling on football match outcomes, collapsed May 2022
- Tron.BI – pretends affiliates clicking a button was tied to TRX cloud mining
- EFG Football – pretended affiliates clicking a button was tied to gambling on football match outcomes, collapsed May 2022
- GP Football – pretended affiliates clicking a button was tied to gambling on football match outcomes, collapsed May 2022
- Lucky Football, pretended affiliates clicking a button was tied to gambling on football match outcomes, collapsed May 2022
- WT91 – pretends affiliates clicking a button is tied to gambling on football match outcomes
- Mars Football – pretends affiliates clicking a button is tied to gambling on football match outcomes
- MC Football – pretends affiliates clicking a button is tied to gambling on football match outcomes
All the recent app-based task Ponzis appear to be launched by the same group of scammers.
Based on the use of simplified Chinese, I suspect the group are operating out of China or Singapore.