Red Flags
1
IOI Mall
IOI Mall lacks transparency about its ownership, uses a fictitious domain, and misappropriates the IOI Group brand. It offers no real products, promises unsustainable returns, and incentivizes recruitment, suggesting a Ponzi scheme.
Quick summary on IOI Mall
Lack of Transparency: IOI Mall’s website provides no information about its ownership or executive team, raising concerns about accountability and legitimacy.
Fictitious Domain Registration: The domain “ioi-mall.com” was registered on July 24, 2024, using false details through Alibaba (Singapore), indicating potential deceitful intentions.
Misappropriation of Established Brand: IOI Mall illegitimately uses the name and branding of Malaysia’s reputable IOI Group without any affiliation, misleading users about its credibility.
Absence of Real Products or Services: The platform offers no tangible products or services; affiliates can only promote IOI Mall memberships, suggesting a possible pyramid scheme structure.
Unrealistic Investment Returns: IOI Mall promises high daily returns on investments, such as earning 3 USDT daily from a 10 USDT investment, which is unsustainable and indicative of a Ponzi scheme.
Encouragement of Downline Investments: Affiliates are incentivized to recruit others, with bonuses tied to the investment amounts of recruits, a hallmark of Ponzi schemes.
by: Wesley Abbott
Another day, another shady Ponzi scheme. and No real products, just memberships? Yeah, that’s a scam.
Pros
Cons
by: Joanna Rhodes
A business without transparency, real leadership, or actual products? That’s not a business that’s a financial trap. and This is literally how every Ponzi scheme starts. Promise big returns, lure people in, then vanish when it’s time to pay out.