Global Adkach has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Nexus Rewards. We’ve received over 6 complaints against Global Adkach.
Global Adkach’s opaque ownership structure, overseen by CEO Amine Hafidi, raises transparency issues. The Morocco-based MLM venture lacks a regulatory license, making it a possible scam. The investing model, combined with the recruitment emphasis, resembles a Ponzi scheme. Victims suffer difficulties reporting and recovering when there is no regulation or oversight. Fake reviews further undermine confidence. Exercise caution, look into licensing, and file chargebacks if necessary. Global Adkach’s viability is questionable, underlining the risks of financial loss in such projects.
Get Your Money Back From These Scammers!
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Global Adkach’s website lacks ownership or executive information, raising questions about transparency and accountability. The domain “adkach.com” was registered in March 2022, and its confidential registration information was last updated on March 13th, 2023.
The company’s website footer includes a corporate address in Morocco. Further investigation reveals Amine Hafidi, the creator and CEO of Global Adkach, who describes himself as a “Grand Master” and is from Morocco.
This is consistent with the supplied corporate address. However, researching into Hafidi’s MLM (Multi-Level Marketing) background is difficult due to language problems. Notably, circa 2014/2015, Hafidi appears to have been involved in promoting the Dubli pyramid scheme.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Global Adkach is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Global Adkach, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Global Adkach uses an investing concept in which affiliates commit a minimum of €25 and expect passive profits. The rewards are distributed in the form of the company’s BC token, with a weekly cap of up to 140 BC. While there are references to “ADCoin,” it is unclear whether it is synonymous with BC. Furthermore, every three months, an additional 1200 to 1800 BC is distributed according on the investment amount.
Global Adkach’s MLM model is based on recruitment, with commissions earned through a unilevel compensation structure. This structure has up to five layers, with different BC commissions for each level of recruited affiliates.
Referral Commissions:
– Level 1 affiliates receive 10 BC, while Level 2 affiliates receive 5 BC.
– Level 3: 10 BC per affiliate.
– Levels 4-9: 5 BC per affiliate.
Global Adkach uses a twelve-level deep company-wide matrix for residual commissions. Affiliates join the matrix through both direct and indirect recruitment, with each affiliate earning 1.5 BC.
The company provides monthly loyalty gifts through an automatic raffle, but no particular details about the items are offered.
Affiliate membership is free, but actively participating in the income possibility necessitates a minimum commitment of €25 EUR.
The company links returns to ad viewing and pushes ADCOIN account registration, promising to double “ADKACH BONUS” income every three months. However, the sustainability of such a business model is unclear, as it relies largely on new investments to support returns. Notably, the website has no indications of securities law compliance or registration with financial regulators.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Global Adkach tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Global Adkach reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Global Adkach, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Global Adkach enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Global Adkach reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Global Adkach.
You should always look out for consumer complaints. In the case of Global Adkach, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Global Adkach? You can share your complaint in the comment section or submit an anonymous tip.
Global Adkach’s focus on fresh investments resembles a Ponzi scheme.
Reduced website traffic in Morocco suggests a reduction in recruitment. When recruitment fails, the scheme will suffer financial difficulties, potentially leading to its demise. Participants are at risk of severe financial losses, as is common in Ponzi schemes.
Global Adkach’s business methods raise serious issues, underlining the significance of due research and care for potential partners. The lack of transparency, combined with significant legal dangers, emphasizes the necessity for individuals to embrace such investment offers with caution and understanding.
Global Adkach is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Global Adkach can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Global Adkach?
All the evidence suggests that Global Adkach is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.