Fyndiq2 fails to provide ownership or executive information on its website.
Fyndiq2’s website domain (“fyndiq2.com”), was privately registered on April 24th, 2023.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Fyndiq2 has no retailable products or services.
Affiliates are only able to market Fyndiq2 affiliate membership itself.
Fyndiq2’s Compensation Plan
Fyndiq2 affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 30 USDT and receive 38 USDT a month
- VIP2 (must recruit 3 affiliates) – invest 100 USDT and receive 132 USDT a month
- VIP3 (must recruit 8 affiliates) – invest 300 USDT and receive 414 USDT a month
- VIP4 (must recruit 20 affiliates) – invest 800 USDT and receive 1152 USDT a month
- VIP5 (must recruit 35 affiliates) – invest 2000 USDT and receive 3000 USDT a month
- VIP6 (must recruit 50 affiliates) – invest 5000 USDT and receive 7800 USDT a month
Fyndiq2 pays referral commissions on invested tether down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 16%
- level 2 – 6%
- level 3 – 2%
Fyndiq2 affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 30 USDT investment.
Fyndiq2 is yet another “click a button” app Ponzi scheme.
Fyndiq2’s “click a button” Ponzi ruse is generating orders at well-known online retailers:
“Fyndiq” itself is a name stolen from an existing Swedish ecommerce company.
Fyndiq2’s presented ruse is affiliate investors logging in to click a button (the more invested the more the button needs to be clicked). This purportedly generates orders with retailers.
Findiq2 receives a commission from the generated orders, which is then shared with affiliates.
Our mission is to provide consumers with a unique and immersive online shopping experience by helping merchants increase their sales and global reach.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in app doesn’t equate to genuine customers making genuine orders with retailers.
In reality clicking a button inside Findiq2 does nothing. All Findiq2 are doing is recycling newly invested funds to pay earlier investors.
Fyndiq2 is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Including Fyndiq2, BehindMLM has thus far documented fifty-two “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
Looking at Fyndiq2 marketing efforts, the Ponzi scheme appears to be targeted at Pakistan.
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.