MMM FSTP Review: MMM Global Ponzi clone (China?)
There is no information on the MMM FSTP website indicating who owns or runs the business.
The MMM FSTP website domain (“mmmfstp.com”) was privately registered on June 9th, 2016.
Alexa currently estimate that 89% of all traffic to the MMM FSTP website originates out of China. It’s a good bet that whoever is running the company is likely also based out of China too.
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.
The MMM FSTP Product Line
MMM FSTP has no retailable products or services, with affiliates only able to market MMM FSTP affiliate membership itself.
The MMM FSTP Compensation Plan
The MMM FSTP compensation plan sees affiliates invest $20 to $5000 and receive an advertised 100% monthly ROI.
In order to qualify for some of the ROI, MMM FSTP has affiliates perform a daily task (not disclosed).
Tasks will be Online Easy Tasks that every user can do it easily.
Note that 20% of all ROIs received must be reinvested back into MMM FSTP.
MMM FSTP affiliates are also paid to recruit new affiliates via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, withe very personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
MMM FSTP affiliates are paid a percentage of funds invested by affiliates recruited into their unilevel team.
How many levels an affiliate is able to earn on is determined by the size of their MMM FSTP downline:
- 10 recruited affiliates = 5% on level 1, 3% on level 2 and 2% on level 3
- 100 recruited affiliates = 5% on level 1, 3% on level 2, 2% on level 3, 1% on level 4 and 0.5% on level 5
- 1000 recruited affiliates = 5% on level 1, 3% on level 2, 2% on level 3, 1% on level 4, 0.5% on level 5, 0.25% on level 6, 0.12% on level 7 and 0.01% on level 8
- 10,000 or more recruited affiliates = 5% on level 1, 3% on level 2, 2% on level 3, 1% on level 4, 0.5% on level 5, 0.25% on level 6, 0.12% on level 7 and 0.01% on levels 8 and deeper
Joining MMM FSTP
MMM FSTP affiliate membership is tied to an investment of $20 to $5000.
MMM FSTP is not an ONLINE BUSINESS, HYIP, investment or MLM program. MMM FSTP is a community where people help each other.
Borrowing its name from the MMM Global Ponzi scheme, MMM FSTP is pretty much a clone of the original scam.
MMM Global launched in mid 2014 and promised investors a 100% ROI.
In April 2016 MMM Global collapsed. This prompting a slew of reload scams (all using the same “provide help, get help” terminology), of which MMM FSTP is but one.
Rather than attribute MMM Global’s collapse to the mathematical impossibility of paying out a perpetual 100% monthly ROI, MMM FSTP’s admin(s) attribute the collapse to rogue investors.
Quality in FSTP means here is not a platform for fakers, dummy account makers and greedy participants.
The reality is, just like it MMM Global, MMM FSTP cannot pay out an indefinite 100% ROI.
The ROI itself is funded by newly invested funds, which are used to pay off existing investors. The use of newly invested funds to pay off the advertised 100% ROI makes MMM FSTP a Ponzi scheme.
As with all Ponzi schemes, once new affiliate recruitment drops off so too will new funds entering the system. This will see MMM FSTP unable to meet its advertised ROI obligations, prompting a collapse.
Unfortunately a sizable number of MMM Global victims refuse to believe it was a Ponzi scheme. These investors have flocked to MMM Global themed reload schemes, most of which have already collapsed.
How many times people have to lose money in “get help, provide help” Ponzi schemes before they accept they’ve been scammed, remains to be seen.