Glofen fails to provide ownership or executive information on its website.

Glofen’s website domain (“glofen.com”), was first registered in 2019. The private registration was last updated on October 30th, 2024.

In an attempt to appear legitimate, Glofen provides registration details for Ekonomitjänst G.Löf.

Ekonomitjänst G.Löf was purportedly registered in 2001. This obviously predates Glofen, meaning Ekonomitjänst G.Löf has nothing to do with Glofen.

This is just one discrepancy on Glofen’s website. A lot of the site reads like AI generated hallucinations.

Of note is referenced to IC Markets in Glofen’s website source-code:

Opening up IC Markets’ website reveals it’s running the same template as Glofen’s. IC Markets appears to be an unregistered trading platform run through Raw Trading LTD, a Seychelles shell company.

IC Markets is likely fraudulent, owing to multiple geographic restrictions;

Raw Trading Ltd does not provide services for residents of certain countries such as the United States of America, Canada, Brazil, Israel, New Zealand, Iran and North Korea (Democratic People’s Republic of Korea) or a country where such distribution or use would be contrary to local law or regulation.

The same people running IC Markets are likely behind Glofen.

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.

Glofen’s Products

Glofen has no retailable products or services.

Affiliates are only able to market Glofen affiliate membership itself.

Glofen’s Compensation Plan

Glofen solicits investment on the promise of advertised passive returns:

  • Silver – invest $500 or more and receive 1.5% a day
  • Gold – invest $5000 or more and receive 2% a day
  • Platinum – invest $10,000 or more and receive $4% a day
  • Platinum Pro – invest $20,000 or more and receive 4.5% a day
  • Diamond – invest $100,000 or more and receive 5% a day

Through a CBD oil ruse, Glofen also pitches a 50% 60-day return on $2000 or more investments.

Glofen pays referral commissions on invested funds down two levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 5%

Joining Glofen

Glofen affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $500 investment.

Glofen solicits investment in various cryptocurrencies.

Glofen Conclusion

Glofen presents as a website template filled with trading themed nonsense.

This serves as a ruse to illegally solicit investment into an unregistered and therefore fraudulent investment scheme.

To illustrate the level of nonsense presented on Glofen’s website, we have this:

With affiliate and business accounts valued at over $25 billion annually, tax liens present a scalable investment opportunity.

Glofen enhances market sophistication and innovation through advanced technology solutions and professional tools, ensuring effective performance now and in the future.

Considering Glofen pitches up to 5% a day, that’s $1.25 billion daily. Obviously that’s not happening through a dinky template website set up with machine-generated garbage waffle.

As it stands, the only verifiable source of revenue entering Glofen is new investment.

Using new investment to pay ROI withdrawals would make Glofen a Ponzi scheme.

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

This will see Glofen collapse, resulting in the majority of participants losing money.