DF Finance Review: “Click a button” daily tasks Ponzi scheme
DF Finance fails to provide company ownership or executive information on its website.
In fact as I write this, DF Finance’s website is nothing more than an affiliate registration/login form:
Our source material for this review is thus a DF Finance marketing video, narrated by none other than Ronae Jull.
Jull appeared on BehindMLM’s radar last year as “Hope Hill”, the HyperFund Ponzi scheme’s Compliance Officer.
Being a Ponzi scheme HyperFund didn’t of course need a Compliance Officer, but that was part of the marketing pitch.
Jull appears to have lay relatively low after HyperFund collapsed and was rebooted as Hyperverse.
A few weeks ago a reader reported Jull officially left Hyperverse on May 1st. The DF Finance marketing video I’m working off was recorded just over a week ago.
It is unclear whether Jull is just promoting DF Finance or if she’s part of the executive team.
DF Finance’s website domain (“dfkxk.com”), was privately registered on March 2nd, 2022.
Despite only existing for a few months, DF Finance falsely claims it has “been in operation for more than five years”.
Update 30th May 2022 – DF Finance’s claims about being around for years are still bogus, but I wanted to note the company’s multiple domains.
For whatever reason, DF Finance appears to cycle through domains every so often. Domains take the format of “df(random three letter string; dfaaa.com, dfxyc.com, dfaac.abc etc.).
None of those are actual DF Finance domains, with actual three-letter strings used appearing to be random.
I suspect this is an attempt to evade regulators and authorities. /end update
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.
DF Finance’s Products
DF Finance has no retailable products or services.
Affiliates are only able to market DF Finance affiliate membership itself.
DF Finance’s Compensation Plan
DF Finance affiliates invest tether (USDT) on the promise of a daily return:
- VIP 2 – invest $255 and receive $12 a day
- VIP3 – invest $600 and receive $30 a day
- VIP4 – invest $1525 and receive $76 a day
- VIP5 – invest $3050 and receive $152 a day
- VIP6 – invest $7050 and receive $354 a day
- VIP7 – invest $15,250 and receive $747 a day
- VIP8 – invest $42,500 and receive $1700 a day
- VIP9 – invest $87,500 and receive $3498 a day
Higher investment tiers are available but require “special permission”.
To qualify for returns DF Finance affiliates must complete a set number of daily “tasks”.
The more a DF Finance affiliate invests the more tasks they must complete each day. This caps out at 200 tasks at the VIP9 investment tier.
There doesn’t appear to be any ROI cap. DF Finance does advise affiliates when they invest that their “deposit will be refunded to the bound USDT address within 6 months.”
This suggests that returns are paid for up to 6 months on each investment made.
DF Finance Team commissions are earned on returns paid to downline affiliates.
DF has made a three-level marketing plan to recruit more agents.
This suggests DF Finance pays commissions down three levels of recruitment.
Specifics are unfortunately not provided.
Joining DF Finance
DF Finance affiliate membership is free.
Full participation in the attached income opportunity is tied to a minimum $255 investment in tether (USDT).
Reinvestment appears to be required at least once every six months.
DF Finance Conclusion
DF Finance’s marketing ruse revolves around pretending it has partnerships with established brands.
DF provides software as a service for retailers.
The company’s platform includes online store creation, search engine optimization, hosting, marketing and security from small enterprises to large enterprises.
On the agency side, we help DF users and merchants to make purchase data every day.
DF Finance has also been recognized by Amazon, eBay (and) BestBuy.
This is of course all baloney. Despite representations, DF Finance has no partnerships with Amazon, eBay or BestBuy.
The scheme’s marketing ruse revolves around generating orders for these companies. It claims to charge merchants, like Amazon, eBay and BestBuy, a fee, which it passes on to investors.
This is again baloney. The “orders” boil down to investors clicking a button in their DF Finance app and getting notification of a made-up generated order.
Ronae Jull claims generating fifty orders (clicking the button fifty times), takes “about 10 minutes”.
Let’s say you were going to start today at VIP3. It requires a $600 deposit in USDT.
For that you’re given fifty tasks daily, takes ya about ten minutes. You earn a commission of sixty cents for each task. Your daily commission totals $30, and your monthly obviously would then be $900.
DF Finance’s marketing ruse further falls apart if you ask why affiliates have to invest to participate in the scheme. Aren’t the merchant fees funding returns?
At a bare minimum, DF Finance’s passive investment opportunity constitutes a securities offering.
DF Finance provides no evidence it has registered its securities offering with financial regulators. This means the company is committing securities fraud and operating illegally.
Promoters like Ronae Jull are also not registered with the SEC. Promoting unregistered securities also constitutes securities fraud.
At the end of the day the only verifiable source of revenue entering DF Finance is new investment. Behind the marketing ruse is DF Finance running a self-contained Ponzi scheme within an app.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve DF Finance of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 29th May 2022 – Turns out Ronae Jull is a convicted felon.
In 1998 Jull was indicted on multiple counts of fraud related to… wait for it, running a Ponzi scheme.
Update 9th June 2022 – DF Finance has collapsed.
The guy who told me about this is connected to someone apparently in the Bahamas named Lavere Went.
He made this video: vimeo.com/708092508
I asked why I would need to pay to be a part of this if it’s the clicking of the links that generates money paid by retailers.
They said it’s because a lot of people don’t do the actual work, they just join and don’t do anything, so paying upfront is going to make you want to do your work every day.
Don’t retailers generally pay for clicks anyway? Why would they want to have a bunch of people with no intention of buying anything clicking their links that costs them money?
Maybe I don’t know internet marketing well enough to understand that one.
They claim to have over 100,000 vendors and have been in business in the UK for over 6 years.
Your breakeven point is 20 days to make back your deposit. I heard you pay your deposit in crypto, and they pay you in crypto.
They will refund it to you if you work daily for 6 months.
All things considered it smelled like a scam to me, am I wrong?
DF Finance represents clicking a button generates an order that generates revenue. It obviously doesn’t.
There is CPC advertising but that’s not what this is.
There’s a few of these “we’re getting paid to generate fake orders at retailers” app Ponzis going around. All run by the same group of scammers I suspect are in SE Asia.
I have a video with Lavere Went pitching all this. It might be worth adding it to your information.
If you are interested then send me an email.
Thanks. Not sure who Lavere Went is though.
This has now hit the UK with 1000s members all investing money which has now been ‘stuck’ in the system since Thursday 27th may. Many people not getting a penny back!
What doesn’t make sense is that she isn’t hiding her name but her and Mandy Elliot are using their true Facebook accounts, and clearing working with people in Asia (the English js shocking) in scamming money.
I’m sure she’ll be back behind bars soon enough. Just hope people get some money back.
Yep I’ve had my money stuck in the system since 30th may.
They said there would be an upgrade today but the site has disappeared and the chat group or fb group is not allowing people to message or comment. I’m in UK.
Thanks for reporting back the collapse. Can confirm website be gone.
Feel so stupid but it was a mate who told me about it. At least we’ve not lost loads. Enough though for a sting
Exactly in the same position here in Greece!Our withdrawals stuck since 28th of May. Waiting for an upgrade that never come!!!
Moreover, today they deleted the chatroom on Telegram and the app has a server error.
I lost only 600 Euro ..but unfortunately it was all my savings… I only wanted to get some extra for my disabled child Feel so stupid and sad.I hope they will be punished somehow!
You’ve fallen prey to a Chinese/Singaporean syndicate launching a series of app-based “click a button” Ponzis.
You’re going to see a bunch of them pop up on BehindMLM over the coming weeks.
So far two have disappeared within days of getting reviewed on here.
I feel sick right now. I am sat here still hoping a new website will come back up. I know I am fooling myself but I cannot believe my whole future has been taken away just like that.
I had to reduce my hours to look after my mum as she is now bed bound and this was going to make it financially possible.
I am devastated and right I want to hunt down Ronae. Is there anyway to get funds back if it’s £3000?
Sure, jump on a plane to SEA and ask the scammers you gave your funds to nicely. Or if you were recruited by Ronae, she can at least pay you back her referral commission.
Ronae is a US citizen living in the US. Securities fraud in the US is regulated by the SEC.
Are you saying this lady is from Seattle ?
I watched them shut it down this morning at 12:30am PST.
Our manager CindyDF and product manager Johnny deleted their telegram accounts at the same time.
I created a telegram group with reporting information.
(Ozedit: attempt to take discussion offsite removed)
I lost $3,705.
Hope Hill’s account has not been deleted so perhaps she is not the same person who is in this article. I’m not sure.
It is the same person. I verified this myself with my own ears.
Is there anyone who happened to take a screen shot or have any emails or proof the the money was supposed to be paid back to the investor in 6 months?
I wish I had taken a screenshot of all that.
I just feel like I should have known better seeing how I had watched so many documentaries about scams and schemes.
My wife signed up 3 weeks ago. Big mistake.
I have the “getting started” PDF that has that info.
I have Ronae’s phone number along with a gentleman from Texas that send to know the ins and outs of the company.
I have all the star up info also. Many texts between Jull and myself.
I have many screen shot. An i don’t now what to do with that.
I suppose you could print them out and frame them on a wall?
“Here we have my Ponzi wall of shame. Never again.”
All this grabbing was to help the companies an fashion houses to be on the first plase on searching (advertising).
Is that write ?if i understood write how was working the DF.
Did that companies an houses brand and many others know that are involved on this scam.
And are steeling money of millions of us And than we are supporting this companies and fashion houses to buying theirs products.
no never again i will buy and wear their clothes or anything. no more stupidity.
No. You gave your money to scammers and they ran off with it.
DF Finance was a Ponzi scheme. Sorry for your loss.
I am very angry.
I too was pulled into the horrendous scam and lost £2500 🙁
Has anybody managed to reclaim any money ?
Reclaim from who? You invested in a Ponzi scheme and don’t even know who took your money.
Today I should have gotten my 500$. I went to the app and it’s deleted.
I went to the chat to contact this so called Jason and the account has been deleted.
Thanks for the update. Can confirm DF Finance has exit-scammed.
It actually collapsed in early June, you’ve been strung along for an extra 2 months.
Did anyone pay for their start up through PayPal? I used paypal and the “company” that stole my money went under the name Blue Potato Company.
The website looks sketchy and when I tried disputing the fraud to paypal, the claim was denied.
As mentioned in the article, she is a convicted felon that spent time in prison for ponzi fraud.
…She is definitely not the type of person I would associate with or want to do business with.