MEC Review: Film investment “click a button” app Ponzi
MEC fails to provide ownership or executive information on its website.
MEC’s website domain (“mecbm.com”), was privately registered on June 14th, 2023.
If we look at MEC’s website source-code, we find Chinese:
This suggests whoever is running MEC has ties to China.
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.
MEC has no retailable products or services.
Affiliates are only able to market MEC affiliate membership itself.
MEC’s Compensation Plan
MEC affiliates invest tether (USDT). This is done on the promise of advertised returns:
- Velib Shared Bike – invest 50 USDT or more and receive 21% over 70 days
- Velib Urban Shared Electricity – invest 100 USDT or more and receive 54% over 15 days
- 30 Days Film Rights Investment – invest 200 USDT or more and receive 114% over 30 days
- 60 Days Film Rights Investment – invest 1000 USDT or more and receive 240% over 60 days
The MLM side of MEC pays on recruitment of affiliate investors.
MEC pays referral commissions down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 5%
- level 3 – 3%
MEC pays a bonus on downline recruitment goals:
- recruit five affiliates who together have invested at least 300 USDT and receive 30 USDT
- recruit twelve affiliates who together have invested at least 1500 USDT and receive 60 USDT
- recruit twenty affiliates who together have invested at least 5000 USDT and receive 150 USDT
MEC affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 50 USDT investment.
MEC is yet another “click a button” app Ponzi scheme.
MEC’s “click a button” Ponzi ruse is film investment:
The presented ruse is MEC affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the button purportedly generates revenue via rights leasing, a percentage of which MEC shares with affiliate investors.
If that makes no sense it’s because it doesn’t. Clicking a button in an app has nothing to do with film investment or leasing film rights out.
In reality clicking a button inside MEC does nothing. All MEC is doing is recycling newly invested funds to pay earlier investors.
MEC is part of a group of “click a button” app Ponzis that emerged in late 2021.
Including MEC, BehindMLM has thus far documented seventy-five “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.