United Companions fails to supply possession or government data on its web site.
United Companions’ web site area (“unitedpartners.io”), was privately registered on January twenty seventh, 2023.
In an try to seem reliable, United Companions offers an tackle within the UK on its web site. This seems to correspond to the UK shell firm United Fintech Options LTD.
Incorporation particulars for Triple Ex GmbH (Switzerland), Triple Ex Crypto LLP (UK) and Stockpoint OU (Estonia) are additionally offered.
Stockpoint is a Russian cryptocurrency alternate launched in 2018.
As for the opposite three shell firms; because of the ease with which scammers are in a position to incorporate shell firms with bogus particulars, for the aim of MLM due-diligence they’re meaningless.
It ought to be famous that “Triple Ex Market” is linked from United Companions web site and seems to be run by the identical individuals.
Triple Ex Trade operates from the area “3ex.ch”, privately registered in July 2021.
The one clue we get as to who’s working United Companions and Triple Ex Trade is within the footer of United Associate’s web site:
BotHelp is a Russian advertising and marketing providers firm. United Companions’ implementation of BotHelp is in Russian.
This strongly suggests whoever is working United Companions has ties to Russia.
Additional supporting it is a December 2021 press-release protecting a Triple Ex Market advertising and marketing occasion, purportedly held in Istanbul in 2021.
On November 21, Titanic Enterprise Kartal, Luxurious Resort in Istanbul Turkey held a presentation of Triple Ex Token.
Younger builders group (Crypto Trade Stockpoint) along with professionals within the diamond business created a diamond alternate Triple Ex Market, the place everybody can purchase and promote diamonds for cryptocurrency on the funding worth.
To get entry to the Market, you might want to purchase a Triple Ex Token (3-Ex).
I don’t know if this was a staged occasion (typical of Russian schemes) however can confirm the audio system had typical Russian accents.
If the advertising and marketing is to be believed, Triple Ex Market was launched by Stockpoint. United Companions seems to be a by-product of Triple Ex Market.
United Companions as an MLM alternative has no retailable services or products.
The enterprise mannequin is a straightforward “staking” Ponzi, constructed round Triple Ex Token (3-EX) and United Diamond’s Greenback Token (UDDT).
Triple Ex Token is an ERC-20 shitcoin, creatable in a couple of minutes at little to no value. UDDT is stablecoin “solely listed on Stockpoint”.
The circulation of cash into United Companions is associates purchase 3-EX with tether on Stockpoint.
3-EX is then deposited into the Triple Ex Market, the place it’s staked on the promise of a 24% annual ROI.
As I perceive it to then money out, United Energy associates need to “buy” diamonds on their Market Place web site.
After that associates “promote” the diamonds again. That is simply clicking buttons and has nothing to do with diamonds.
IS IT POSSIBLE TO DELIVER THE STONE STRAIGHT TO THE BUYER?
No
UDDT is obtained on the back-end, which is then cashed out on Stockpoint. Naturally United Companions associates have to satisfy 3-Ex token funding thresholds the extra they wish to money out.
There may be some middleman steps I’ve missed and/or slight variations, however that’s the gist of it. That’s United Companions’ “diamond buying and selling” funding scheme.
The MLM facet of the enterprise is dealt with by way of United Companions.
United Companions hides its MLM alternative from shoppers.
We’re happy to introduce you to the TRIPLE EX associates program.
The corporate is providing this associates program not solely to make a revenue as an investor, but additionally to generate extra revenue and create your personal affiliate community.
Whereas I wouldn’t usually put a overview collectively except I’d seen a compensation plan, I can nonetheless verify United Companions is MLM as per their advertising and marketing movies:
Basically, United Energy’s diamond buying and selling ruse is built-in cash laundering. I don’t know why they hassle, because it’s fairly apparent and never going to idiot anybody.
Whereas I can’t verify the identical individuals are behind each schemes, I bought robust Cancri Jewellery vibes going by way of United Energy.
Cancri Jewellery is one other Russian Ponzi scheme that runs the shopping for jewellery ruse. Like United Energy, Cancri Jewellery represents it’s based mostly out of Turkey.
Turkey is handy for Russians due to the present geopolitical local weather. Turkey additionally has an honest diamond market, so scammers are in a position to faucet into that for his or her advertising and marketing.
On the very least United Energy appears to drawn robust inspiration from Cancri Jewellery.
Rewinding again to 2018, StockPoint was probably launched to latch onto the 2017 crypto pump. At this time, StockPoint’s web site visitors is so low that SimilarWeb doesn’t observe it.
From the shortage of engagements on StockPoint’s social media posts, we will presume it successfully collapsed a while in the past.
That brings us to the launch of 3-EX in late 2021 (word United Energy’s web site falsely represents 3-EX launched in 2022).
You might need observed United Energy’s advertising and marketing options the Triple Ex Market web site backoffice – which is an odd place to place United Energy’s MLM alternative.
I imagine it’s because the unique MLM was launched by way of Triple Ex Market Trade. United Energy appears to be a 2023 rebrand of the identical scheme, which has flopped because it initially launched in 2021.
Web site visitors to each Triple Ex Market’s and United Energy’s web sites are additionally useless. Nonetheless, somebody out there may be nonetheless attempting to get this rip-off off the bottom; United Energy got here in as a reader overview request.
As with all MLM Ponzi schemes, when affiliate recruitment dries up so too will new funding.
This can starve United Energy, Triple Ex Market and Stockpoint of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of traders lose cash.
