A thread about why it would be a bad idea to do that and give money to its founders, the Islam brothers.
Sounds too good to be true, right?
@_beofficial is nothing else but a rebranding of #MELiUS, a Dubai-based MLM forex and cryptocurrency company that looked a lot like a pyramid scheme.
Do read behindmlm.com's work on MELiUS and BE: behindmlm.com/mlm-reviews/be…
Launched in late 2018, MELiUS started off well but then recruitment slowed down end of 2019.
Probably why it's being rebooted under a different name.
leparisien.fr/video/video-me…
On the left is BE's ecosystem of apps. On the right is the world of MELiUS.
They even kept the names of the iRide and Triva apps.
Let's take SHiFT for instance.
It "sprang as a simple trading app that reshaped the way people do and understand the methods of trading."
@_beofficial's compensation plan. A set of bonuses that incentivise the sale of subscriptions in what end up looking like pyramid structures.
It seems to be all about recruitment, with the apps being the glitter to draw you in.
The Islam brothers: Moyn Islam, Monir Islam, and Ehsaan B. Islam.
They love flashing that @forbes magazine page that was simply a paid advert according to behindmlm.com.
mirror.co.uk/news/uk-news/w…
Journalists @JamieJBartlett and @GeorgiaJCatt did a great investigative podcast for @BBCSounds about the OneCoin scam.
Highly recommend it.
bbc.com/news/stories-5…
Ruja Ignatova had disappeared in late 2017.
Two top leaders, Sebastian Greenwood and Konstantin Ignatov, were arrested.
justice.gov/usao-sdny/pr/m…
It's an excellent source.