Suntons Review: Trading ruse “click a button” app Ponzi
Suntons fails to provide ownership or executive information on its website.
Suntons’ website domain (“suntons.net”), was privately registered on November 27th, 2023.
If we look at Suntons’ website source-code we find Chinese:
This strongly suggests whoever is running Suntons has ties to China.
As per SimilarWeb’s traffic analysis of Suntons’ website, promotion is primarily taking place in the Philippines (77%), Mexico (13%) and the US (9%).
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.
Suntons’ Products
Suntons has no retailable products or services.
Affiliates are only able to market Suntons affiliate membership itself.
Suntons’ Compensation Plan
Suntons affiliates sign up and invest tether (USDT).
This is done on the promise of advertised returns:
- VIP1 – invest 10 USDT or more and receive 2.5% to 4.5% a day
- VIP2 – invest 500 USDT or more and receive 2.7% to 4.7% a day
- VIP3 – invest 5000 USDT or more and receive 3% to 5% a day
- VIP4 – invest 10,000 USDT or more and receive 3.5% to 5.5% a day
Suntons pays a match on daily returns paid down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 30%
- level 2 – 15%
- level 3 – 8%
Joining Suntons
Suntons affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
Suntons Conclusion
Suntons pitches itself as a “global digital asset financial service platform”. The company claims it was “registered in Singapore in 2018”.
From its domain registration we already know Suntons didn’t exist until a few months ago.
As for being a “global digital asset financial service platform”, that’s a long name to not actually describe anything.
Suntons represents it generates external revenue via trading. To that end, to qualify for daily returns, I understand Suntons affiliates have to log in daily and click a button that is purportedly tied to trading.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t correspond to trading.
In reality clicking a button inside Suntons’ app does nothing. All Suntons does is recycle newly invested funds to pay earlier investors.
Suntons is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include Cloud Computing, Liska and Esom.
Including Suntons, BehindMLM has thus far documented over one hundred “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.
Update 13th May 2024 – Suntons has collapsed. As at the time of this update Suntons’ website is no longer accessible.