WishM collapses, initiates “U.S. Dept of Commerce” exit-scam
The WishM “click a button” app Ponzi has collapsed.
Withdrawals were disabled yesterday and investors are being threatened with fictitious action from the US Department of Commerce.
WishM is a typical “fake orders” click a button app Ponzi run by Chinese scammers.
Of WishM’s known website domains, “wishm.tv” is the last active domain remaining.
In July 2023, SimilarWeb tracked ~181,000 visits to WishM’s website. Area being targeted include Suriname (33%), Belgium (29%), Macedonia (28%) and the Netherlands (10%).
I’m also seeing a lot of chatter from Libera online, suggesting recruitment there might have picked up towards late July.
Around the time WishM disabled withdrawals investors were shown the following pop-up when they accessed WishM’s website:
Notice: Recently some illegal personnel have been found to maliciously slander the company, seriously affecting the company’s corporate image.
WishM is a legitimate business recognized by the U.S. Department of Commerce.
WishM solemnly informs these lawbreakers that the WishM Legal Department has begun to collect evidence of wrongdoing by relevant personnel and submit the relevant evidence to the judicial department.
WishM will take action against individuals and businesses for defamation of the Company.
First off WishM isn’t “recognized” by the US Dept. of Commerce. WishM has no ties to the US beyond registering a shell company with bogus details there, which anyone can do for a few dollars.
Secondly defamation in the US is a civil matter. It’s not something the US Dept of Commerce would get involved in.
And lastly WishM is a Ponzi scheme. Calling it out as such is neither against US law or defamatory.
What silly statements like this are designed to do is stop investors from complaining online. This will make it harder for authorities to investigate WishM.
Following its hollow threat notice, WishM informed investors it would be re-enabling withdrawals between Wednesday and Sunday.
There are a few scenarios that can play out from here:
- WishM makes selective withdrawals, which will be parroted on social media as proof it hasn’t collapsed.
- WishM does nothing publicly, uses the time to Sunday to create as much distance between itself and investors and then disables its website at some point.
- WishM does nothing publicly (i.e. they’ve already fled the countries they’ve scammed), lets investors drown in public panic and move on to the next app Ponzi.
Whichever route they choose, click a button app Ponzis collapsing without notice is nothing new. BehindMLM has thus far documented sixty-nine of them.
As long as people keep falling for the scam, we’re likely to see this type of app fraud continue.
Update 17th August 2023 – WishM has disabled its “wishm.tv” website domain. The exit-scam appears to be complete.
I lost in total 3K in this Scams Silly Me♂️
The writer or shall I say the journalist, looks for something to write about. But he of she is just guessing, but still have something to write about.
Like the piramide ‘company’s exist and take peoples money and don’t register fully, so does real companies who does not want to pay taxes for instance.
And why would a company with thousands of customers not be able to pay people if the customers pay a little fee to pay them? Maybe WishM is fake but it is not sure.
The businessmodel can be a real one. The journalist have his or her pay already for the article where some conclusions made that are not logical.
How fucking stupid do you need to be to pretend WishM isn’t anything but another “click a button” Ponzi?
Because Ponzi math is unsustainable. There are no customers, only gullible investors getting milked.
Oh the “click a button” Ponzi model is very real. Sorry for your loss.
Wishm provided us legal documents from the United States of America for wish I have in my possession and can share with this platform.
I from Liberia and was part of the WishM team that was scarm.
This is the number the administrator was using +(removed).
@ Vic
Grammarly is free. Speak and write English properly or don’t
Most people understand basic mathematics at age nine. The only thing that overrides that is stupidity and greed.
Stupidity, hubris, and being a complete poes is incurable however.
Here in suriname is 32% doing.. today we made withdraw and after that got deleted account of the owner ..
This company has cause serious caious to the company and now many have been rubbed by the platform this has cause a serious setback to many Liberians as well as business personier.
Please help share and spread thin information to all of their users.
@Prince
WishM provided you a shell company certificate for Colorado if I’m not mistaken. Shell company documents from any jurisdiction are worthless.
Article updated to note WishM has disabled its primary .TV website domain.
I want to know if that only Liberian was using this wishM?
If not so, let other people in America that know the company go there and find out what’s going on with wishM.
I am from the gambia I m among the customers who lost a fortune from this company too.
Wishm did the same in Suriname leaving a lot of people helpless.They made us belief dat they were legit. There were around 20.000 members.
Most which had took a loan to join. They took advantage of the country’s economic situation.
A lot of elderly put there savings on the line. How will they survive the coming month.
These people are ruthless. They don’t care. I hope they can be brought to justice.
Dear Africans,
WishM has nothing to do with the US. You got scammed by Chinese nationals, likely hiding in Hong Kong and/or Singapore.
Unfortunately, as is often the case, Africa was “last-stop” easy pickings after the WishM scammers finished fleecing victims in Europe and South America.
WishM is part of a series of cookie-cutter app Ponzis. Getting your pitchforks out over a US shell company certificate is pointless.
Very good job Oz. Thank you for your efforts to expose this scam. Is it possible to trace the money trough the wallet address?
I could send you the address if you think it will be helpfull.
Cheers!
Hi I would like to establish contact with the journalist who wrote this article. I’m searching for information also because wishm cheated me so i lost money.
I’m freelance journalist and very soon I will publish article considering this scam that happened in my country Macedonia. Thanks.
Am from Gambia wishm really scammed us and lots of people are worried now.
They opened another one called ufis. The other one is Al.
Thanks but I’m not the guy to be chasing blockchain ghosts. I find anything blockchan incredibly boring.
Contact form button is on the top right of every page.
I don’t really have anything additional to add. WishM was a cookie-cutter click a button app Ponzi run by Chinese scammers.
They’re low effort scams so I don’t spend too much time on them (rather get into the meatier content).
How did you find out wishm is Scam? Did you consult an IT professional or it was announced by USA secret intelligence?
Being the 67th click a button app Ponzi BehindMLM reviewed, it took all of rubbing two brain cells together to figure out WishM was a scam.
Unfortunately those two brain cells were lost during the process. The doc tells me they expired due to boredom, and I need to be more careful.
I really wish people would stop falling for these stupid Chinese app scams so I don’t have to cover them anymore.
@Oz,
I wish they would stop as well. So funny enough one of these similar ponzi schemes actually pretended to be the company I used to work for. Its a Canadian company (which is a renewable energy company, and they were promising returns from “energy”).
They had pictures of our CEO and executive team and everything, made it look like our real website. These scammers will go to any lengths to steal.
Are you not ashamed asking your public how stupid they can be…? Is it not better to say naïves?
It’s easy to cheat on good people. Where’s the shepherd to protect?
Submissions generally. Some of us monitor “Passive income” facebook groups where people post dozens of these scams weekly.
As soon as 1 collapses everybody races to the next one to try “beat” the odds and “win” before it collapses.
People need to educate and protect themselves. Most of the victims refuse to believe it’s a scam before it inevitably collapses – even in this comment section you see that in action.
If you think clicking a button on an app = free money, that’s not naivety – that’s stupidity.
Even moreso when a simple Google search of “wishm” brings up BehindMLM’s review, which was published well before the collapse.
Between your ears. Use it next time.
We can’t expect from other people to have as much brain cells as you have it. Besides, “pay per click” is truly recognised and accepted on internet web sites only if it’s legal, but not a Scam.
Think about vulnerable group of people in USA and you will find it’s same as in Macedonia. It’s always easier to cheat on them.
WishM wasn’t “pay per click”. The pay per click model (advertising etc.) doesn’t require participants to invest money.
Stop making excuses for fucking idiotic decisions. Own the stupidity and let’s all move on.
Your vocabulary is same as the leader who ran wishm group on Telegram.
Humiliation of the members and deletion of critically questions that were exposing wishm.tv hoax and even more, many Macedonians were deleted completely from members’s group.
I was member not more than 25 days before it collapsed. But good enough to see Nazi kind rules.
Take miror, look upon your self and tell the same fucking, moronic and idiotic words to the face you see in the same mirror standing in front of you. And say this is real journalism.
Don’t confuse my correspondence with those running WishM.
I point out the stupidity of falling for cookie-cutter click a button Ponzis with the knowledge that nobody here can help you after the fact. BehindMLM is not a victim support group.
WishM’s admins mock you because they’ve stolen your money. They don’t need you anymore.
We are not the same, so kindly direct your butthurt somewhere else. Thanks.