GS Caltex USDT Review: Stolen identity “click a button” Ponzi
GS Caltex USDT, aka GS Caltex Investment Mall, fails to provide ownership or executive information on its website.
GS Caltex USDT’s website domain (“fa.outletking.cc”), was registered with bogus details on May 5th, 2024.
Of note is GS Caltex USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore).
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.
GS Caltex USDT’s Products
GS Caltex USDT has no retailable products or services.
Affiliates are only able to market GS Caltex USDT affiliate membership itself.
GS Caltex USDT’s Compensation Plan
GS Caltex USDT affiliates invest tether (USDT).
This is done on the promise of advertised returns:
- VIP1 – sign up as a GS Caltex USDT affiliate, click buttons and receive 1.5 USDT a day (note can’t withdraw unless invest at VIP2 or higher)
- VIP2 – invest 12 USDT and receive 6.8 USDT a day
- VIP3 – invest 30 USDT and receive 21 USDT a day
- VIP4 – invest 95 USDT and receive 65 USDT a day
- VIP5 – invest 160 USDT and receive 95 USDT a day
- VIP6 – invest 380 USDT and receive 230 USDT a day
- VIP7 – invest 760 USDT and receive 475 USDT a day
- VIP8 – invest 1380 USDT and receive 900 USDT a day
- VIP9 – invest 2360 USDT and receive 1770 USDT a day
- VIP10 – invest 4280 USDT and receive 3520 USDT a day
- VIP11 – invest 6860 USDT and receive 5970 USDT a day
GS Caltex USDT pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 14%
- level 2 – 2%
- level 3 – 1%
Joining GS Caltex USDT
GS Caltex USDT affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 12 USDT investment.
GS Caltex USDT Conclusion
GS Caltex USDT is yet another “click a button” app Ponzi scheme.
GS Caltex USDT misappropriates the name and branding of GS Caltex Corporation and Caltex.
GS Caltex Corporation is a South Korean Energy and Chemical company. Caltex is a petroleum brane name of Chevron Corporation, headquartered in Singapore.
Needless to say GS Caltex USDT has nothing to do with GS Caltex Corporation or Caltex.
GS Caltex USDT doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in GS Caltex USDT is “orders”. This sees GS Caltex USDT investors log in daily to “click a button”.
Clicking the button daily qualifies GS Caltex USDT investors to receive advertised daily returns.
Beyond that clicking a button inside GS Caltex USDT does nothing. There is no external revenue; all GS Caltex USDT does is recycle newly invested funds to pay earlier investors.
GS Caltex USDT is part of a group of “click a button” app Ponzis that emerged in late 2021.
Examples of already collapsed “click a button” app Ponzis using the stolen identity ruse are Lindt Mall, Animoca VIP and USDOzon.
Since 2021 BehindMLM has documented hundreds of “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).
As part of a collapse, “click a button” Ponzi scammers often initiate recovery scams. This sees the scammers demand investors pay a fee to access funds and/or re enable withdrawals.
If any payments are made withdrawals remain disabled or the scammers cease communication.
Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.
In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.
Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.
Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.