Hennessy Mall Review: Stolen identity “click a button” Ponzi
Hennessy Mall fails to provide ownership or executive information on its website.
Hennessy Mall’s website domain (“hennessymall.vip”), was registered with bogus details on July 14th, 2024.
Of note is Hennessy Mall’s website domain being registered through the Chinese registrar Alibaba (Singapore).
Hennessy Mall has already attracted the attention of financial regulators. The Central Bank of Russia issued a Hennessy Mall pyramid fraud warning on July 19th, 2024.
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.
Hennessy Mall’s Products
Hennessy Mall has no retailable products or services.
Affiliates are only able to market Hennessy Mall affiliate membership itself.
Hennessy Mall’s Compensation Plan
Hennessy Mall affiliates invest tether (USDT). This is done on the promise of advertised passive returns:
- VIP1 – invest 7 USDT and receive 2.19 USDT a day
- VIP2 – invest 17 USDT and receive 5.48 USDT a day
- VIP3 – invest 57 USDT and receive 19.32 USDT a day
- VIP4 – invest 157 USDT and receive 56.07 USDT a day
- VIP5 – invest 457 USDT and receive 169.26 USDT a day
- VIP6 – invest 1077 USDT and receive 414.23 USDT a day
- VIP7 – invest 3377 USDT and receive 1407.08 USDT a day
- VIP8 – invest 7777 USDT and receive 3535 USDT a day
- VIP9 – invest 15,777 USDT and receive 7696.10 USDT a day
- VIP10 – invest 27,777 USDT and receive 14,619.47 USDT a day
The MLM side of Hennessy Mall pays on recruitment of affiliate investors.
Referral Commissions
Hennessy Mall pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- level 2 – 3%
- level 3 – 2%
Downline Investment Bonus
Hennessy Mall rewards affiliates for generating investment over a 24-hour period:
- generate 1000 USDT in downline investment and receive 15 USDT
- generate 2000 USDT in downline investment and receive 35 USDT
- generate 5000 USDT in downline investment and receive 90 USDT
- generate 10,000 USDT in downline investment and receive 250 USDT
- generate 20,000 USDT in downline investment and receive 700 USDT
Joining Hennessy Mall
Hennessy Mall affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 7 USDT investment.
Hennessy Mall Conclusion
Hennessy Mall is yet another “click a button” app Ponzi scheme.
Hennessy Mall misappropriates the name and branding of Hennessy, a well-known French producer of cognac.
Needless to say Hennessy Mall the app has nothing to do with Hennessy the French company.
Hennessy Mall doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in Hennessy Mall is “orders”. This sees Hennessy Mall affiliate investors log in daily to “click a button”.
Clicking the button daily qualifies Hennessy Mall investors to receive daily returns.
Beyond that clicking a button inside Hennessy Mall does nothing, there is no external revenue. All Hennessy Mall does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the same stolen identity ruse are Playstation VIP, Len-USDT and Ahold Delhaize.
Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 30th July 2024 – Hennessy Mall has collapsed. As at the time of this update Hennessy Mall’s website is no longer accessible.