GoldenWarehouse fails to supply possession or govt data on its web site.
GoldenWarehouse’s web site area (“goldenwarehouse888.com”), was privately registered on March twenty second, 2024.
If we have a look at GoldenWarehouse’s web site source-code, we discover the native language is ready to Chinese language:
This implies whoever is working GoldenWarehouse has ties to China.
As at all times, if an MLM firm isn’t brazenly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
GoldenWarehouse’s Merchandise
GoldenWarehouse has no retailable services or products.
Associates are solely in a position to market GoldenWarehouse affiliate membership itself.
GoldenWarehouse’s Compensation Plan
GoldenWarehouse associates make investments tether (USDT). That is accomplished on the promise of marketed returns:
- L1 – make investments 10 to 49 USDT and obtain 2.5% a day
- L2 – make investments 50 to 199 USDT and obtain 3.5% a day
- L3 – make investments 200 to 999 USDT and obtain 4% a day
- L4 – make investments 1000 USDT or extra and obtain 5% a day
Notice that GoldenWarehouse additionally provides what they name “mounted funding”, ranging from 10 USDT:
- don’t withdraw for 7 days and obtain a 40% ROI
- don’t withdraw for 15 days and obtain a 100% ROI
- don’t withdraw for 30 days and obtain a 250% ROI
GoldenWarehouse pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 10%
- stage 2 – 5%
- stage 3 – 2%
Reinvestment by personally recruited associates is paid as 5% of the reinvested quantity (min 50 USDT).
Becoming a member of GoldenWarehouse
GoldenWarehouse affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal 50 USDT funding.
GoldenWarehouse Conclusion
GoldenWarehouse is one more “click on a button” app Ponzi scheme.
GoldenWarehouse’s “click on a button” Ponzi ruse is inserting fictional orders with on-line retailers.
Damaged down, GoldenWarehouse’s ruse sees associates log in and click on a button as soon as a day to qualify for the day by day ROI.
This button clicking purportedly generates income by way of orders positioned with on-line retailers. GoldenWarehouse receives a fee from the orders, which it then shares with associates.
If that is unnecessary it’s as a result of it doesn’t. Randoms clicking a button in an app doesn’t equate to real buyer orders positioned with on-line retailers.
In actuality clicking a button inside GoldenWarehouse does nothing. All GoldenWarehouse does is recycle newly invested funds to pay earlier traders.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical ecommerce ruse are DurexVIP, JBL Mall and PEC.
Together with GoldenWarehouse, BehindMLM has so far documented over 100 “click on a button” app Ponzis. Most of them final just a few weeks to some 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 traders 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.