Zylo Commerce has obtained a securities fraud warning from the British Columbia Securities Fee.
As per the BCSC’s April twenty seventh warning;
Zylo Commerce Restricted claims to have workplaces in London, England, and it additionally claims to supply buying and selling companies and funding plans for foreign exchange, gold and cryptocurrencies.
We’re conscious that Zylo Commerce Restricted accepts British Columbia (BC) residents as shoppers.
Zylo Commerce Restricted just isn’t registered to commerce in, or advise on, securities or derivatives in BC.
We urge BC residents to train warning when coping with companies that aren’t registered to commerce or advise in BC.
As reviewed right here on BehindMLM final November, Zylo Commerce is a Boris CEO Ponzi scheme pitching every day returns of as much as 4%.
SimilarWeb has tracked plunging Zylo Commerce web site visitors numbers over the previous few months.
In January Zylo Commerce’s web site obtained ~14,000 visits. In February that climbed to ~41,000, earlier than dropping to ~12,000 final month.
Because of the low numbers SimilarWeb doesn’t present a geographical breakdown, nevertheless it’s doable BCSC’s warning coincides with Canadian recruitment of Zylo Commerce traders in February.
Regardless of the case, these numbers aren’t sustainable for an MLM Ponzi scheme.
Zylo Commerce’s FaceBook web page hasn’t been up to date since March sixth, so it’s probably the scheme has or is on the breaking point.
