FundsFact Review: 120%-150% ROI adcredit Ponzi scheme
FundsFact provide no information on their website about who owns or runs the company.
The FundsFact website domain (“fundsfact.com”) was privately registered on March 10th, 2018.
The official FundsFact Facebook group has three admins; Martha Hughes, Honey Arbi and C Jacinth Samuel Raj.
Hughes and Arbi appear to be dummy accounts, leaving Raj (right) as the likely owner of the company.
According to his Facebook profile, Raj is based out of Chennai in the Indian state of Tamil Nadu.
It’s probably a safe bet that whoever is behind the other two dummy FundsFact admin accounts are also based out of India.
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.
FundsFact Products
FundsFact has no retailable products or services, with affiliates only able to market FundsFact affiliate membership itself.
Once signed up, FundsFact affiliates are able to invest in participate in the attached income opportunity.
Investment is bundled with advertising credits, which FundsFact affiliates can use to display advertising on the FundsFact website.
The FundsFact Compensation Plan
FundsFact affiliates invest funds on the promise of advertised ROIs of up to 150%.
- Plan 1 – invest $5 and receive a 120% ROI in 40 days
- Plan 2 – invest $25 and receive a 130% ROI in 37 days
- Plan 3 – invest $100 and receive a 140% ROI in 35 days
- Plan 4 – invest $250 and receive a 150% ROI in 30 days
FundsFact pay referral commissions on invested funds down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 8%
- level 2 – 4%
- level 3 – 2%
Joining FundsFact
FundsFact affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the FundsFact income opportunity requires a minimum $5 investment.
Conclusion
FundsFact is your typical adcredit Ponzi scheme.
Under the ruse of buying advertising, new affiliates invest on the promise of advertised ROIs.
That money is used to pay existing investors, with new investment required to keep ROI payments going.
Once new affiliate recruitment dries up, so too does FundsFact’s ROI revenue source.
This starves the company of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes like FundsFact guarantees that the majority of investors lose money.
You have to be seriously kidding me if I am published as the owner of this site.
Check the screenshots I am sending you to know and then post articles against an individual. I was just a moderator along with 2 others and I have lost money just like you guys did.
I know C Jacinth Samuel Raj personally and he is definitely not the owner or any of the one who is related to Fundsfact, except being the admin of the facebook page of fundsfact.
He is yet another person who invested money in Fundsfact like me and have lost it, as most of us did. And who ever posted the below statement in this page, please remove it.
Before posting something lets get the facts and the truth behind it straight.
No matter how many people influence us, the decision made by an individual is of his own. So there is no way we can put a blame on one. But of course we can sue the company for its fraudulent or non ethical approach/method to cheat people.
Also, please remove the below lines from the page and lets not make my friend spoil his name for no reason. Thanks!
@Jacinth
You weren’t cited as the owner of FundsFact. Do you even read bro?
Note: No screenshots were received.
C’mon scammers, two comments within a few hours?
So who is then? One does not simply wake up one day and become an admin for a Ponzi scheme’s Facebook group?
The article doesn’t state with certainty who the owner of FundsFact is, it merely lays out the facts and draws a conclusion on what is known.
No reason? Nah. Scamming people in a Ponzi scheme such that you’re adminning the scams official Facebook group is a pretty good reason to me.
More importantly, you’ve failed to provide any evidence to refute the facts. Request denied.