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Regulatory 0.00
Business 6.82
Risk Manag 0.00
Influence index 5.01
Trading Environment Index 3.01
Influence
C

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Mfc Club

1

Mfc Club

Scam Brokers|
2-5 years|
Suspicious Regulatory License|
High potential risk
WikiBit Risk Alerts3
Previous Detection 2023-09-27

This Project has been verified to be illegal Project and all of its licences have been expired, and it has been listed in WikiBit's scam list; please be aware of the risk!

The platform is a Ponzi Scheme, which refers to the use of 'principle of value multiplication'. In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

It has been verified that this Project currently has no valid regulation, please be aware of the risk!

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Trade Type
Keywords
Time Machine
White Paper
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New Arrival
Company Name
Mfc Club
Regulatory Status
Scam Brokers
Company Abbreviation
Mfc Club
Registration country
Malaysia
Phone of the company
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User Reviews

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1 ratings

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FX4665434752
2021-03-18 14:10
At the beginning of January, when I was resting at home, I received a call saying that it was the customer service of a securities company. In order to feedback to the majority of stock friends, I established an exchange group, saying that teachers in the group would promote stocks for free and guarantee income. When I became interested, I added friends, and then I was pulled into a group. There was a teacher in the group to explain the stock promotion. After that, a live broadcast room was opened to explain, and the market was similar to what the teacher said. I watched the group continuously. Someone posted screenshots of following the teacher's operation to make a profit, and I trusted the teacher even more. At that time, I had a little move, so I followed the operation and made a small profit. After so few days, the teacher has not recommended, and people in the group asked why the teacher did not recommend it in the past few days. The teacher told everyone that the recent market situation is not very good, but now he has found a new platform and recommended this platform to everyone, saying that it is more profitable than before, and the income is several times higher. After that, most of the people in the group follow The teacher turned to the operation, and then disbanded the current group, leaving only the people who followed the operation. I think so many people believe in the teacher, and the teacher's previous recommendation did make money, so they followed. After that, the teacher called out privately every day to teach me how to proceed. At the beginning, I still made a little profit. Everyone was more active. Later, I often made losses. The teacher explained to me that it was a mistake. Next time, I will help everyone earn it back; Since the teacher had recommended errors before, but more than 70% were correct, so I didn't care much. I continued to follow the teacher, and directly lost several large sums of money in a row until the position was liquidated. I asked the teacher to ask about the situation. The Mfc CIub digital currency teacher said that this was an accident and that he had lost a lot. But rest assured, as long as you continue to follow the teacher and increase your funds, you will surely earn back all the money you had before. After just a few days, I lost my principal.
At the beginning of January, when I was resting at home, I received a call saying that it was the customer service of a securities company. In order to feedback to the majority of stock friends, I established an exchange group, saying that teachers in the group would promote stocks for free and guarantee income. When I became interested, I added friends, and then I was pulled into a group. There was a teacher in the group to explain the stock promotion. After that, a live broadcast room was opened to explain, and the market was similar to what the teacher said. I watched the group continuously. Someone posted screenshots of following the teacher's operation to make a profit, and I trusted the teacher even more. At that time, I had a little move, so I followed the operation and made a small profit. After so few days, the teacher has not recommended, and people in the group asked why the teacher did not recommend it in the past few days. The teacher told everyone that the recent market situation is not very good, but now he has found a new platform and recommended this platform to everyone, saying that it is more profitable than before, and the income is several times higher. After that, most of the people in the group follow The teacher turned to the operation, and then disbanded the current group, leaving only the people who followed the operation. I think so many people believe in the teacher, and the teacher's previous recommendation did make money, so they followed. After that, the teacher called out privately every day to teach me how to proceed. At the beginning, I still made a little profit. Everyone was more active. Later, I often made losses. The teacher explained to me that it was a mistake. Next time, I will help everyone earn it back; Since the teacher had recommended errors before, but more than 70% were correct, so I didn't care much. I continued to follow the teacher, and directly lost several large sums of money in a row until the position was liquidated. I asked the teacher to ask about the situation. The Mfc CIub digital currency teacher said that this was an accident and that he had lost a lot. But rest assured, as long as you continue to follow the teacher and increase your funds, you will surely earn back all the money you had before. After just a few days, I lost my principal.

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