TUR Review: Quantitative trading “click a button” Ponzi
TUR fails to provide ownership or executive information on its website.
TUR’s website domain (“turkkr.com”), was privately registered on December 17th, 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.
TUR’s Products
TUR has no retailable products or services.
Affiliates are only able to market TUR affiliate membership itself.
TUR’s Compensation Plan
TUR affiliates invest tether (USDT). This is done on the promise of advertised returns:
- G1 – invest 50 to 500 USDT and receive 2% to 2.5% a day
- G2 – invest 500 to 3000 USDT and receive 2.5% to 3% a day
- G3 – invest 3000 to 10,000 USDT and receive 3% to 3.5% a day
- G4 – invest 10,000 to 30,000 USDT and receive 3.5% to 4% a day
- G5 – invest 30,000 to 100,000 USDT and receive 4% to 4.5% a day
- G6 – invest 100,000 to 999,999 USDT and receive 4.5% to 5% a day
TUR pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 20%
- level 2 – 6%
- level 3 – 3%
Joining TUR
TUR affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 50 USDT investment.
TUR Conclusion
TUR is yet another “click a button” app Ponzi scheme.
TUR’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is TUR affiliates log in and click a button (the more invested the more the button needs to be clicked).
Click the button to start automatic quantitative trading.
The automatic quantitative transaction will be completed within 3-5 minutes.
Clicking the button purportedly generates revenue via quantitative trading, which for some reason TUR shares a percentage of with affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside TUR’s app does nothing. All TUR does is recycle newly invested funds to pay earlier investors.
TUR 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 are QUA AI Bot, Bytesi and AQR Quantify.
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).
In the lead up to a collapse, “click a button” Ponzi investors also tend to find their accounts locked. This typically coincides with a withdrawal request.
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.