Dubai Shares fails to offer possession or government info on their web site.
Dubai Shares’ web site area (“dubaistocks.membership”), was privately registered on September twenty second, 2022.
Though it’s seemingly bogus, Dubai Shares supplies a company deal with in Kampala, Uganda on its web site.
Though its web site defaults to English, Dubai Shares’ web site presently solely supplies a Ugandan localization possibility.
As at all times, if an MLM firm isn’t overtly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Dubai Shares’ Merchandise
Dubai Shares has no retailable services or products.
Associates are solely in a position to market Dubai Shares affiliate membership itself.
Dubai Shares’ Compensation Plan
Dubai Shares associates make investments funds on the promise of a ten% ROI paid in 3 days.
Referral commissions on invested funds are paid down two ranges of recruitment (unilevel):
- 10% on stage 1 (personally recruited associates)
- 2% on stage 2
Becoming a member of Dubai Shares
Dubai Shares affiliate membership seems to be free.
Dubai Shares Conclusion
Dubai Shares is a straightforward Ponzi scheme apparently focusing on Ugandans.
As its title suggests, Dubai Shares’ ruse is foreign currency trading.
We give you a chance to earn from buying and selling with us.
We’re probably the most worthwhile buying and selling firm in shares and foreign exchange the world over.
For what must be apparent causes, Dubai Shares’ advertising and marketing claims fail the Ponzi logic check.
If merchants had been in a position to make 10% each three days with consistency, what do they want your cash for?
And if Dubai Shares was certainly “probably the most worthwhile buying and selling firm … the world over”, once more – what do they want your cash for?
The reply lies in Dubai Shares having nothing to do with Dubai or buying and selling. There is no such thing as a buying and selling, it’s a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Dubai Shares of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures nearly all of individuals lose cash.
