Fortron offers no details about who owns or runs the corporate on its web site.
Fortron’s web site area (“fortron.io”) was privately registered on August 14th, 2020.
Based mostly on the corporate title and nature of the enterprise, I suspected Fortron to be a reboot of the Forsage gifting scheme.
I used to be capable of affirm this by the use of Forsage proprietor and prime scammers discussing Fortron on the official Forsage YouTube channel.
Forsage launched earlier this 12 months on the ethereum blockchain.
It was based by Lado Okhotnikov and combines gifting with a Ponzi enterprise mannequin.
Over the previous few weeks visitors to Forsage’s web site has flatlined:
For a gifting Ponzi, this begins the highway to break down. Therefore the launch of Fortron.
Learn on for a full overview of Fortron’s MLM alternative.
Fortron’s Merchandise
Fortron has no retailable services or products, with associates solely capable of market Fortron affiliate membership itself.
Fortron’s Compensation Plan
As with Forsage, Fortron combines gifting with a Ponzi enterprise mannequin. The one distinction is tron (TRX) used instead of ethereum.
Matrix sizes utilized in Fortron’s cycler are 3×1 and a couple of×2.
A 3×1 matrix is easy in nature, requiring solely three positions to be stuffed.
A 2×2 matrix begins with two positions on the primary degree, which broaden to 4 positions on the second degree:
A single 100 TRX preliminary purchase in purchases a cycler place in each a 3×1 and a couple of×2 matrix.
Fortron refers back to the 3×1 matrix as FTR3 and the two×2 as FTR4. The preliminary 100 TRX buy-in is cut up evenly between each matrices.
Positions in FTR3 and FTR4 are stuffed through direct and oblique recruitment of Forsage associates.
As soon as all positions are stuffed, a cycle fee is triggered. The place biking out of the matrix additionally enters a brand new matrix of the identical measurement.
There are twelve tiers in each the FTR3 and FTR4 cycler tiers. Tiers should be purchased into manually and so as.
Cycle commissions paid throughout Forsage’s FTR3 and FTR4 cycler tiers are as follows:
FTR3
The primary two positions stuffed in a FTR3 matrix are gifted instantly.
The 50 TRX place from the third place is used to create an upline matrix place on the identical tier (in impact, gifting the 50 TRX to your upline).
- tier 1 (positions value 50 TRX) – obtain 100 TRX and a brand new tier 1 place
- tier 2 (positions value 100 TRX) – obtain 200 TRX and a brand new tier 2 place
- tier 3 (positions value 200 TRX) – obtain 400 TRX and a brand new tier 3 place
- tier 4 (positions value 400 TRX) – obtain 800 TRX and a brand new tier 4 place
- tier 5 (positions value 800 TRX) – obtain 1600 TRX and a brand new tier 5 place
- tier 6 (positions value 1600 TRX) – obtain 3200 TRX and a brand new tier 6 place
- tier 7 (positions value 3200 TRX) – obtain 6400 TRX and a brand new tier 8 place
- tier 8 (positions value 6400 TRX) – obtain 12,800 TRX and a brand new tier 8 place
- tier 9 (positions value 12,800 TRX) – obtain 25,600 TRX and a brand new tier 9 place
- tier 10 (positions value 25,600 TRX) – obtain 51,200 TRX and a brand new tier 10 place
- tier 11 (positions value 51,200 TRX) – obtain 102,400 TRX and a brand new tier 11 place
- tier 12 (positions value 102,400 TRX) – obtain 204,800 TRX and a brand new tier 12 place
FTR4
The primary two positions in a FTR4 matrix go gifting
- tier 1 (positions value 50 TRX) – obtain 150 TRX and a brand new tier 1 place
- tier 2 (positions value 100 TRX) – obtain 300 TRX and a brand new tier 2 place
- tier 3 (positions value 200 TRX) – obtain 600 TRX and a brand new tier 3 place
- tier 4 (positions value 400 TRX) – obtain 1200 TRX and a brand new tier 4 place
- tier 5 (positions value 800 TRX) – obtain 2400 TRX and a brand new tier 5 place
- tier 6 (positions value 1600 TRX) – obtain 4800 TRX and a brand new tier 6 place
- tier 7 (positions value 3200 TRX) – obtain 9600 TRX and a brand new tier 8 place
- tier 8 (positions value 6400 TRX) – obtain 19,200 TRX and a brand new tier 8 place
- tier 9 (positions value 12,800 TRX) – obtain 38,400 TRX and a brand new tier 9 place
- tier 10 (positions value 25,600 TRX) – obtain 76,800 TRX and a brand new tier 10 place
- tier 11 (positions value 51,200 TRX) – obtain 153,600 TRX and a brand new tier 11 place
- tier 12 (positions value 102,400 TRX) – obtain 307,200 TRX and a brand new tier 12 place
Becoming a member of Fortron
Fortron affiliate membership is tied to a 100 TRX cycler place buy.
Conclusion
With Forsage having run its inevitable course, the scammers who stole a lot of the cash are keen to maintain the theft going.
Fortron is a 1:1 reboot. Similar good contract script. Similar web site script. All that’s modified within the rip-off’s title and cryptocurrency hitched to the contract script.
All in all about two minutes work.
Forsage “leaders” who joined Lado Okhotnikov on the Fortron announcement webinar embody Vitaliy Dubinin (beneath), Ankur Agarwal and two different guys:
Somebody going by “Nicky” (Vicky?) is supposedly representing “the Chinese language crew” of Forsage scammers.
Dubinin boasts he was capable of buy a Mercedes E300 with the cash he stole by way of Forsage.
These are the scammers who acquired nearly all of funds gifted into Forsage. Now they’re seeking to do it once more with Fortron.
The maths behind Fortron is identical as that of Forsage, or certainly any gifting scheme.
To ensure that folks on the prime of the company-wide matrix to steal sufficient cash to purchase luxurious vehicles and so forth., nearly all of folks gifting in must lose cash.
As with Forsage, Fortron will facilitate this till recruitment dies off once more.
Based mostly on Forsage’s Alexa net visitors estimates, nearly all of victims are within the US, India and Nigeria.
Reboot scams sometimes don’t final so long as their predecessors, so anticipate Fortron to have a shorter shelf-life than Forsage’s six or seven months.
Footnote: This overview is a part of a sequence documenting Lado Okhotnikov’s Forsage Ponzi schemes.
So far that features:
- Forsage – launched Feb/Mar 2020
- Fortron – launched Aug/Sep 2020
- ForsageTron – launched someday after Jul 2020
- Forsage XGold – launched Sep 2020
Replace fifth August 2022 – The SEC has filed securities fraud prices in opposition to Vladimir “Lado” Okhotnikov. Ten extra Forsage insiders and US promoters have additionally been sued.
The SEC alleges Forage and its numerous collectively fashioned a $300 million greenback Ponzi scheme.