Empic fails to provide verifiable ownership or executive information on its website.

Empic’s website cites Isaac Hoffman Y. as “CEO & Shareholder” of the company.

This is in direct contrast to Empic’s official YouTube channel, which names “Jorg K. Kottenbrink” as its CEO:

Kottenbrink above is represented by the man above and a dubbed over robo-voice.

This is typical of non-native English speaking scammers.

Like Isaac Hoffman, Jorg Kottenbrink doesn’t exist. The scammers behind Empic have stolen footage of Urban Angehrn, CEO of Austrian financial regulator FINMA.

Obvious giveaways in Empic’s doctored video are the robovoice not matching what Angehrn says and there being no mention of Empic itself (when Empic is mentioned it’s clear Angehrn is saying something else).

The specific video Empic has doctored is a 2020 video featuring Angehr, then Group Chief Investment Officer of Zurich Insurance Group.

There are two other videos on Empic’s YouTube channel; a robo-dubbed tutorial and a robo-dubbed rented office video featuring actors.

Although not always, Boris CEOs and rented officers with actors are typically the work of Russian scammers.

Empic’s website domain (“empic.ltd”), was privately registered on March 12th, 2023.

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.

Empic’s Products

Empic has no retailable products or services.

Affiliates are only able to market Empic affiliate membership itself.

Empic’s Compensation Plan

Empic affiliates invest USD equivalents in cryptocurrency. This is done on the promise of advertised returns:

  • Epic Gold Plan – invest $200 to $100,000 and receive 1.7% a day for 6 days
  • Epic Silver Plan – invest $1000 or more and receive 2% a day for 6 days
  • Compounding Plan – invest $50,000 or more and receive 2.2% a day for 20 days
  • Real Estate Plan – invest $50,000 or more and receive 3% a day for 60 days

Empic pays a 6% referral commission on invested cryptocurrency down two levels of recruitment (unilevel).

Joining Empic

Empic affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $200 investment.

Empic solicits investment in various cryptocurrencies.

Empic Conclusion

If we look at the source-code of Empic’s website we find a reference to HYIP Customize:

HYIP Customize sells Ponzi templates and scripts, “banners, logo, UK incorporation & many more”.

HYIP Customize appears to be a spinoff of GoldCoders, a Ponzi website factory.

If you hadn’t already realized, pretty much everything on Empic’s website is baloney. It’s a simple crypto Ponzi scheme run off a cheap Ponzi template.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Empic of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.