CFG fails to provide ownership or executive information on its website.
CFG’s website domain (“cfgshare.com”), was privately registered on April 23rd, 2023.
If we click on the “customer service” link on CFG’s website, we are redirected to a Chinese domain.
From this we can confirm whoever is running CFG likely has ties to China. This typically means Singapore, Hong Kong or the Chinese mainland.
Of note is CFG’s use of Russian.
This suggests it is primarily being marketed to Russian speakers.
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.
CFG has no retailable products or services.
Affiliates are only able to market CFG affiliate membership itself.
CFG’s Compensation Plan
CFG affiliates invest cryptocurrency on the promise of daily returns.
Daily returns vary but appear to cap out at less than 10%.
CFG pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 15%
- level 2 – 5%
- level 3 – 3%
CFG Affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $20 investment.
CFG solicits investment in various cryptocurrencies.
CFG is yet another “click a button” app Ponzi scheme.
CFG’s “click a button” Ponzi ruse is placing bets on football matches.
CFG represents clicking a button is tied to gambling on football match outcomes.
It isn’t. All CFG are doing is recycling invested funds to pay returns.
CFG is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Including CFG, BehindMLM has thus far documented fifty-seven “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).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.