Red Flags
3
SKGTP AI
SKGTP AI is a fraudulent Ponzi scheme with a lack of transparency, exaggerated returns, and a recruitment-driven compensation plan. Investors are at high risk of losing their money.
Quick summary on SKGTP AI
SKGTP AI fails to disclose ownership details, making it highly suspicious. The company’s website domain is registered with fake information, adding to the lack of transparency and raising red flags about its legitimacy.
Untrustworthy Domain Registration: The website domain was registered through a Chinese registrar, Alibaba (Singapore), using fake details. This deceptive action is a clear attempt to hide the company’s true identity, further casting doubt on its credibility.
No Real Products or Services: SKGTP AI does not offer any tangible products or services. Instead, it solely promotes an affiliate membership program, relying entirely on recruitment to generate profits, which is characteristic of pyramid schemes.
Unrealistic Promises of Passive Income: SKGTP AI promises outrageous returns on investment, with daily payouts ranging from 1.3 USDT to 17,950 USDT, depending on the investment level. These exaggerated claims of easy, passive income are typical of fraudulent schemes designed to lure in unsuspecting investors.
Deceptive Compensation Plan: The compensation plan rewards affiliates for bringing in more recruits, with higher returns for those who invest larger sums. The structure is heavily reliant on recruitment and new investments, making it unsustainable in the long run.
Ponzi Scheme Structure: SKGTP AI operates as a “click a button” Ponzi scheme, falsely claiming that affiliates can profit from quantitative trading. In reality, the only thing being traded is new money from recruits, which is recycled to pay earlier investors. Similar schemes have already collapsed, leaving many investors at a loss.
Sudden Collapse Likely: Like other failed “click a button” Ponzi schemes, SKGTP AI’s app and website could suddenly shut down, causing investors to lose all their funds without warning or recourse.
by: Zoey King
The lack of transparency surrounding SKGTP AI is deeply concerning. Not only does the company fail to disclose its ownership or provide any real products or services, but its website domain is registered with fake details, making it impossible for...
by: Chloe Allen
No real products, fake registration details, and ridiculous promises SKGTP AI checks all the boxes of a scam
by: Andrew Young
This so called AI trading platform has no transparency and only focuses on recruiting new investors Buyer beware