Complaint Review: utechmall.com - Internet
- utechmall.com Internet Canada
- Phone:
- Web: Utechmall.com
- Category: ponzi scam , Money laudering and Money theft, PONZI SCAM, Ponzi Scheme, Lawyer Referral Network
utechmall.com your whole money is being frozen on the platform and you cannot withdraw your money. Internet
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This website is based on a referral system where they claim that by supporting products from Amazon, Alibaba, and AliExpress, you earn a commission in return for the amount you deposit. The commission rates are 8%, 10%, and 12% for VIP levels 1, 2, and 3, respectively.
The process works like this: you initially deposit a minimum of $20 and are required to complete 25 daily tasks/orders to withdraw your commission. When you start completing these tasks, you are apparently given combo orders at random, which forces you to deposit more money. In the early days, they offer you good commissions, but once you reach VIP level 3, you will need to deposit large amounts, which will ultimately be lost. This platform is carefully designed and planned to deceive and lure you in, managing your emotions in a completely controlled environment and when you don't deposit more and don't do the whole 25 task your whole mony is being frozen on the platform and you cannot withdraw your money.
This report was posted on Ripoff Report on 08/13/2024 02:16 PM and is a permanent record located here: https://www.ripoffreport.com/report/utechmalldotcom/mall-platform-website-based-1533749. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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