MMM FSTP was an MMM World Ponzi clone launched in 2016.
MMM FSTP, believed to be run by Chinese language scammers, closely focused China earlier than spreading to the US and different international locations.
The unique MMM FSTP operated from the area “mmmftsp.com” and is lengthy gone. Now in 2023, somebody is making an attempt to resurrect the rip-off from a brand new area.
MMM FSTP’s 2023 reboot operates from “mmmftsp.org”, privately registered on January twenty second, 2023.
No details about who owns or runs MMM FSTP is offered on its web site. An deal with in Indonesia is offered on MMM FSTP’s FaceBook profile, however for due-diligence meaning little.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
MMM FSTP’s Merchandise
MMM FSTP has no retailable services or products.
Associates are solely capable of market MMM FSTP affiliate membership itself.
MMM FSTP’s Compensation Plan
MMM FSTP associates make investments cryptocurrency or native foreign money. That is achieved on the promise of marketed returns:
- Fundamental Plan – make investments $20 to $490 and obtain 3% a day until 100%
- Skilled Plan – make investments $500 to $5000 and obtain 4% a day until 150%
Reinvestment of the identical or a better quantity is required to both proceed incomes and/or money out.
Notice MMM FSTP associates are required to finish pointless every day duties to obtain ROI funds:
Job can be On-line Social Media duties that each consumer should capable of do it simply.
Internet Job Obligatory for incomes Each day Development ROI.
The MLM aspect of MMM FSTP pays on recruitment of affiliate buyers.
MMM FSTP Affiliate Ranks
There are 4 affiliate ranks inside MMM FSTP’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Supervisor – recruit two associates
- 10 Supervisor – recruit 5 associates and generate a complete downline of at the very least twenty associates
- 100 Supervisor – recruit ten associates and generate a complete downline of at the very least 100 associates
- 1K Supervisor – recruit twenty associates and generate a complete downline of at the very least one thousand associates
Recruitment Bonus
MMM FSTP associates obtain a Welcome Bonus after they’ve recruited two associates.
- a $5 Welcome Bonus is paid out if the affiliate has invested on the Fundamental Plan tier
- a $10 Welcome Bonus is paid out if the affiliate has invested on the Skilled Plan tier
Referral Commissions
MMM FSTP pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned immediately underneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel group.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Referral commissions are paid as a share of funds invested throughout the unilevel group as follows:
- stage 1 (personally recruited associates) – 5%
- stage 2 – 4%
- stage 3 – 3%
- stage 4 – 2%
- stage 5 – 1%
- ranges 6 to 10 – 0.5%
- ranges 11 to twenty – 0.3%
- ranges 21 and deeper – 0.1%
Notice that what number of ranges an MMM FSTP affiliate earns referral commissions on is decided by rank:
- Managers earn referral commissions throughout 5 ranges
- 10 Managers earn referral commissions throughout ten ranges
- 100 Managers earn referral commissions throughout twenty ranges
- 1K Managers earn referral commissions throughout their total unilevel group depth
World Charity Swimming pools
MMM FSTP takes 10% of company-wide invested funds and locations them into 5 World Charity Swimming pools.
Associates qualify for a share within the World Charity Swimming pools as follows:
- World Charity Pool 1 – recruit three associates
- World Charity Pool 2 – recruit 5 associates
- World Charity Pool 3 – recruit eight associates
- World Charity Pool 4 – recruit twelve associates
- World Charity Pool 5 – recruit twenty associates
It’s unclear whether or not the ten% put aside is distributed equally to every World Charity Pool.
Becoming a member of MMM FSTP
MMM FSTP affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal preliminary $20 funding.
MMM FSTP Conclusion
MMM FSTP 2023 is a little more fleshed out than the 2016 unique, however the core “present assist / get assist” MMM World Ponzi mannequin continues to be there.
MMM FSTP’s advertising pitch is it’s a “platform to rebuild the damaged belief” – presumably a reference to MMM FSTP’s unique collapse.
Seeing as MMM FSTP 2023 can even inevitably collapse and trigger widespread losses, that is fairly disingenuous.
I imply if you happen to rip-off a bunch of individuals in a Ponzi scheme, launching one other Ponzi scheme to rip-off a bunch of individuals once more is hardly “rebuilding damaged belief”.
As to who’s working MMM FSTP, it may very well be Chinese language scammers once more however there have been so many MMM World clones it’s unattainable to confirm with out extra info.
MMM FSTP 2023 might simply as simply be an opportunistic scammer hoping to money in on the identify.
In any occasion, what we do know is MMM FSTP intends to focus on particular international locations;
Use of native currencies for native participation by members from Nigeria via NGN, Ghana via GHS, South Africa via ZAR, Indonesia via IDR, Brazil via BRLNGN,
GHS, ZAR,IDR, BRL, INR and IDR are all acceptable currencies in participation in MMMFSTP.
Along with native foreign money, MMM FSTP additionally accepts cryptocurrency.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve MMM FSTP of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of members lose cash.
