iPhone Mall Review: Stolen identity “click a button” Ponzi
iPhone Mall fails to provide ownership or executive information on its website.
iPhone Mall’s website domain (“iphonemall.vip”), was registered with bogus details on August 3rd, 2024.
iPhone Mall has already attracted the attention of financial regulators. The Central Bank of Russia issued an iPhone Mall pyramid fraud warning on August 21st, 2024.
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.
iPhone Mall’s Products
iPhone Mall has no retailable products or services.
Affiliates are only able to market iPhone Mall affiliate membership itself.
iPhone Mall’s Compensation Plan
iPhone Mall affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 10 USDT and receive 2 USDT a day
- VIP2 – invest 88 USDT and receive 18 USDT a day
- VIP3 – invest 288 USDT and receive 61 USDT a day
- VIP4 – invest 888 USDT and receive 193 USDT a day
- VIP5 – invest 1888 USDT and receive 426 USDT a day
- VIP6 – invest 3888 USDT and receive 914 USDT a day
- VIP7 – invest 6088 USDT and receive 1503 USDT a day
- VIP8 – invest 9888 USDT and receive 2588 USDT a day
- VIP9 – invest 18,888 USDT and receive 5365 USDT a day
- VIP10 – invest 38,888 USDT and receive 12,345 USDT a day
- VIP11 – invest 68,888 USDT and receive 25,515 USDT a day
- VIP12 – invest 108,888 USDT and receive 51,851 USDT a day
iPhone Mall pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 11%
- level 2 – 3%
- level 3 – 1%
Joining iPhone Mall
iPhone Mall affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
iPhone Mall Conclusion
iPhone Mall is yet another “click a button” app Ponzi scheme.
iPhone Mall misappropriates the name and branding of Apple, an American multinational corporation and technology company.
Needless to say iPhone Mall has nothing to do with Apple.
iPhone Mall doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in iPhone Mall is “orders”. This sees iPhone Mall affiliate investors log in daily to “click a button”.
Clicking the button daily qualifies iPhone Mall investors to receive daily returns.
Beyond that clicking a button inside iPhone Mall does nothing, there is no external revenue. All iPhone Mall does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the stolen identity ruse are AKK USDT, Nadec VIP and Primark Mall.
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).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.