Movii Technology is a multi-level marketing firm that began operations in Los Angeles in 2018.
The company employed multi-level marketing and Ponzi schemes to get job seekers to sign up and urge their friends to do the same. MoviiTech Asia was rebranded as Movii Technology in December 2021. By April 2022, MoviiTech Asia had been discovered by authorities, leading to an arrest in Singapore.
Investors in MoviiTech learned the hard way that, like most Ponzi scheme participants, they lost money. Southeast Asia was home to the vast majority of MoviiTech’s victims. Movii Technologies has shifted its focus to the American market.
SimilarWeb reports that the United States (58%), Spain (30%), and Argentina (3%) are the top three countries from which people visit Movii Technology. Movii Technology Review has two distinct web addresses:
On August 24, 2022, a private party registered the domain name movii2u.com.
The domain name movii2u.net was privately registered on September 27, 2022 (it is important to note that Movii is hosted at the subdomain “movii.movii2u.net”).
Theory and Practice Behind Movii’s New Tech
Movii Technology Review cites “Joseph McKenzie” as the company’s “co-founder and chief director.” In an October marketing video for Movii Technology, McKenzie solely identifies himself as the company’s “spokesperson.” The video was uploaded to Movii’s official YouTube channel.
There is no way that “Joseph McKenzie” could exist in real life. His identity as a British actor has been confirmed by evidence, even though detectives have been unable to identify him by name.
The official Facebook page for Movii Technology provides some background on the company’s leadership structure:
Research conducted by the Movii Technology Review
Between April 1 and 5, 2022, the Commercial Affairs Department conducted an island-wide anti-scam enforcement operation, during which they detained a 29-year-old man on suspicion of participating in Ponzi-style job frauds in which participants earned commissions by watching movie trailers. On March 30, 2022, the authorities became aware of a new job fraud website called “Moviitech.”
Commercial Affairs Department officers apprehended the suspect during the operation. Three other guys, ranging in age from 18 to 41, have been found and are assisting with the ongoing investigations into the schemes.
Initial inquiries suggest the bogus business used MLM strategies to operate Ponzi-style frauds. The four men are suspected of promoting the schemes, recruiting potential employees as members, and providing bank accounts to facilitate the transfer of illicit funds. The authorities haven’t closed their investigation yet.
Movii Technology Review Compensation Plan
- Movii Technology’s Compensation Scheme for Peer Reviews
- Movii Technology offers investors a 300% return on their money.
- Variation 1: Put in $50 and get $2 per day for 75 days ($150 total).
- In Version 2, you put in $200 and get $8 every day for 75 days ($600 total).
- Lastly, in Plan C, you put up $500 and get back $150 per week for 75 days.
- Option 4: Put in $1,000 and get $40 every day for 75 days ($3,000 total).
- V5: Put in $3000 and get $120 per day for 75 days ($9000 total)!
- Affiliates of Movii Technology Review are also required to see movie trailers using the Movii app. The more money an associate puts in, the more previews they’ll have to sit through.
- Movii Technology offers two tiers of referral commissions on capital investments:
- 10% for the first level (affiliates you’ve recruited yourself).
- Level 2: 5%
Conclusion
Formerly known as MoviiTech Asia, Movii Technology Review advertised a simple way to make money online by viewing movie trailers. The company employed multi-level marketing and Ponzi schemes to get job seekers to sign up and urge their friends to do the same. However, inquiries revealed that the company was fraudulent, tricking people out of their money and fees. Singaporean authorities detained the company in April 2022.
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