StateEarn Review, the up-front website has nothing in common with its MLM opportunity. This seems to be a strict move to clone its investment fraud.
StateEarn was unable to make known or publicize company ownership and other core information like executive information.
This should be an instant red flag for the firm.
StateEarn registered its website domain (stateearn.com) privately on 26th September 2022. This shows that the company online investment fraud company targeting Africa is actually a few months old.
Meanwhile, in this StateEarn review, we are going to take you through all the core information you must know before you join the platform.
All you have to do is carefully go through this article we have provided detailed information regarding this investment fraud online firm.
StateEarn Fraudulent Entity Overview
StateEarn is an online firm that camouflages it’s through color proving to provide its users otherwise known as affiliates lucrative (various) means of earning passive income.
The company also have various features that it claims its users will enjoy as they invest under them one of its feature (Forex) related. In this feature, they try making forex trading look like child’s play to its users—a sign of MLM.
Most online Ponzi scheme will never, take their time teaching their users the basics of Forex trading because they are not after you making money. They pretend to help you by enticing you with premature or cloned forex features on its platform to do away with your hard-earned money.
As usual, STOUSAM always advises, before embarking on any money investment with such a crucial online investment firm with no physical product, always think hard and deeply to avoid losing your hard-earned money.
It’s unfortunate that StateEarn has no single retailable products or services
Its affiliates are blindly earning thanks to the marketing of the StateEarn affiliate membership plan.
This is not in any way encouraging for, after all, it’s bragging of being the number one online earning platform on the internet.
StateEarn’s Compensation Plan
Once you register as an affiliate on the StateEarn’s platform, you will have to invest $5 having in mind the conviction of a much higher return as advertised on its platform.
The catch is the various eye and mind-enticing hoops through which you can make the return and actualize your invested money by watching social media videos, visiting websites clicking on ads and so on.
A definite ROI amount per $5 investment is not rendered.
Level 1 (personally recruited affiliates) equals the sum of $2.50
While in the second level (Level 2) it equals the sum of $1.50
Meanwhile, in the third Level (Level 3) it equals the sum of 50 cents
All these commissions are earned respectively by the individual affiliates in their respective pyramided scheme or group so to say.
Only Way to Join StateEarn
Before you can join the StateEarn affiliate membership, you are to make a $5 initial investment plan and you must join through an already registered member.
StateEarn Review – What you should know about StateEarn
StateEarn promises its users a bunch of methods of making money effortlessly through performing simple social tasks. But the fact remains they are not what they appear to be.
Come to think of it, instead of providing the company ownership or its executives, they rather provided WhatsApp numbers only on its official website which makes no sense.
The company has no source of revenue or money flow in their system thereby making them prone to wretched and for this, we came to finalize that they are in need of money still they are promising to make you reach.
They have nothing to offer you they only earn when you invite or recruit a new member to join and invest in the platform and it’s also the primary way users earn from the platform.
StateEarn Review – Legit or Fraudulent Scheme
StateEarn is as known a monthly online platform that promises its users a lucrative way to earn passively.
but they fail to provide vital information that its users or anyone that desire to affiliate or join the platform is entitled to know thereby keeping their identity anonymous.
This alone shows that they can’t be trusted.
There is verified proof of company ownership or the authority to handle public funds or carry out financial activities.
They promulgated in and for African targeting the Africans.
On the other hand, StateEarn payment solicitors, and African network service providers MTN & Airtel even let such a financial fraudulent scheme carry out its financial activities using its financial service backend.
For their action, it shows that both service providers seem to have woefully inadequate fraud detection policies in place to protect their users.
The above information is provided for research and guide purposes, we are not trying to judge your decision of joining the company. But our advice remains to be careful to avoid losing your funds.
Meanwhile, if you find this information helpful and satisfying or have questions to ask, you can do so in the comment section below. You can browse the page for more identified Ponzi Schemes. Don’t forget to share with your friends on Facebook and other social media platforms.