AGS Review: Gambling ruse Ponzi targeting Pakistan
AGS fails to provide ownership or executive information on its website.
AGS’ website domain “agspakistan.com”, was privately registered on April 27th, 2023. Note however that AGS didn’t officially launch till August 28th.
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.
AGS’ Products
AGS has no retailable products or services.
Affiliates are only able to market AGS affiliate membership itself.
AGS’ Compensation Plan
AGS affiliates invest Pakistani Rupees (PKR) on the promise of advertised returns:
- Big Red Cabinet – invest Rs. 888 and receive Rs. 1.3 an hour for 365 days
- Curve Premium – invest Rs. 1800 and receive Rs. 5 an hour for 38 days
- Orion Portrait – invest Rs. 7000 and receive Rs. 21.5 an hour for 38 days
- Orion Upright – invest Rs. 16,000 and receive Rs. 54.50 an hour for 38 days
- Orion Saint – invest Rs. 42,000 and receive Rs. 162 an hour for 38 days
- Orion Starwall – invest Rs. 96,000 and receive Rs. 417 an hour for 38 days
- Orion Curve – invest Rs. 180,000 and receive Rs. 915 an hour for 38 days
- Spectre – invest Rs. 320,000 and receive Rs. 1961 an hour for 38 days
The MLM side of AGS pays on recruitment of affiliate investors.
Referral Commissions
AGS affiliates earn 30% of funds invested by personally recruited affiliates.
ROI Match
AGS pays a ROI Match down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 6%
- level 2 – 3%
- level 3 – 1%
Note that “Big Red Cabinet” tier affiliates do not qualify for the ROI Match.
Joining AGS
AGS affiliate membership is free.
Full participation in the attached income opportunity requires a minimum Rs. 888 investment.
AGS solicits investment through what appears to be a Chinese clone of OnePay:
This gives AGS access to Pakistani payment processors EasyPaisa and JazzCash.
AGS Conclusion
I’m not really sure what to make of AGS just yet. It’s an obvious Ponzi scheme targeting low-hanging fruit in Pakistan, likely run by Chinese nationals hiding in Singapore.
This is nothing new but it’s not the usual “click a button” app Ponzi. Essentially there’s no difference between AGS and the “click a button” app Ponzi model, they just got rid of the “click a button” requirement.
There’s also no tether, and AGS’ domain name is geo-specific. Perhaps we’re looking at a new lazy Ponzi app cell?
Or given how many “click a button” app Ponzis they’ve launched targeting Pakistan, perhaps they’ve dropped the obvious identifier. Who knows.
AGS’ Ponzi ruse is revenue sharing from slot machines:
Powered by high-performing Class II and Class III slot games, standout service and game cabinets, an award winning table products portfolio, and popular social and igaming presence, AGS offers an unmatched value proposition for our casino players!
The irony of course being that gambling is illegal in Pakistan.
Not that it matters. There is no gambling and there are no slot machines. All AGS is doing is shuffling newly invested funds to pay withdrawals.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve AGS of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.