Investors in the PerRank Ponzi scheme are being asked for more money.
The ability to withdraw money has been blocked, and any who continue to withhold payment will be fired.
The notice from PerRank was released 24–48 hours ago. It starts with the false claim that PerRank has existed for ten years;
We appreciate the support of every PerRank member for the past ten years.
For many online retailers, PerRank has increased product rankings and revenues.
The company’s website domain was registered in February 2022, according to BehindMLM’s PerRank assessment. PerRank has only been in existence for a short while.
Investors were tricked into believing that by pressing a button, sales orders would be produced for e-commerce platforms. That somehow converted into a platform for investing that provided passive returns over 180 days.
Of course, that’s all nonsense, yet PerRank is following the plan even though it probably faces collapse;
Because there are too many orders from the vendor for us to handle. [sic] To fulfill more orders, PerRank HQ hopes that all members would upgrade to a higher VIP level.
Merchants have commended our services and placed a sizable number of orders with us.
The business of PerRank is booming.
“Upgrading to a higher VIP” is equivalent to making a larger investment.
Higher VIP members will have greater daily revenue and withdrawal rights while still being able to complete chores.
Withdrawals have been banned by PerRank, allowing affiliates until June 16th to continue funding the Ponzi scam.
Members will lose their collaboration if they don’t upgrade to a higher VIP level by June 16th, and their work deposit will be returned 180 days after they joined the VIP.
A few factors are at work in this situation. First of all, PerRank’s failure is the sole cause for a Ponzi scheme to stop paying.
Second, it’s a money grab before they stop operating. After 180 days, nobody is receiving anything back. Anyone who continues to give out money after June 16th is setting themselves up for more losses.
By the end of the month, I predict PerRank’s website will be offline. However, because they are not paying anyone, they can afford to delay things for a while.
Investor losses for PerRank are unclear. According to SimilarWeb, Pakistan (57 percent), Turkey (18 percent), Saudi Arabia (12 percent), and China are the leading sources of traffic to PerRank’s website (8 percent ).
PageRank is one of several “click a button” software Ponzis that have recently been released.
BehindMLM has thus far recorded:
COTP, which claimed that affiliates could generate trading activity by clicking a button, folded in May 2022.
Similar app-based Ponzi EthTRX lacks the daily task component.
Yu Klik – claims that pressing a button would start a trading activity, focusing on Indonesia
KKBT, which targeted South Africa and India and claimed that pressing a button would earn cryptocurrency mining money, crashed in early June 2022.
Easy task 888, which targets people and suggests that clicking a button was related to manipulating social media (YouTube likes), Colombia
DF Finance, which falsely claimed that pressing a button produced “buy data” that was sold to e-commerce platforms, failed. June 2022
Shared989, which claimed that pressing a button was related to manipulating social media (YouTube likes, etc.), folded in June 2022
86FB – crashed after pretending that pressing a button was connected to betting on football game results. April 2022
0W886 – claimed that pressing a button would result in betting on the results of football games, collapsed in May 2022
U91, which claimed that pushing a button would result in betting on the results of football games, went out of business in May 2022. 365Ball also makes this claim (has collapsed multiple already)
LLC Football – claims that pressing a button is equivalent to betting on the results of football games
pretending that activating a button is related to manipulating social media (YouTube likes, etc.)
N9 Football: claimed affiliates clicking a button was related to speculating on football match outcomes, collapsed May 2022 OTCAI: pretended affiliates hitting a button created trading activity
Tron.BI claims that an affiliate’s click on a button was related to cloud mining for TRX.
EFG Football, which claimed that affiliates’ clicks on a button were related to betting on football game results, folded. May 2022
GP Football, which falsely claimed that affiliates’ clicks on buttons were connected to wagering on football game results, crashed. May 2022
Lucky Football, which claimed that hitting a button was connected to betting on football game results, failed. May 2022 WT91 – makes affiliates believe that pressing a button is related to betting on football game results.
Mars Football makes it seem as though betting on the results of football games is merely hitting a button.
MC Football – claims that an affiliate’s click on a button is related to betting on the results of a football game
The same set of con artists appears to have started all the current app-based task Ponzi schemes.
I believe the organization is based in China or Singapore because they utilize simplified Chinese.