Is SKY split disk a pyramid scheme? The family invested all their money!

Cloud Century SKY has been confirmed by the police and the court to be a "Ponzi scheme."

On November 20, 2017, according to the Voice of China’s “News Horizontal” report, “Poverty ends with you, and richness begins with you”—such an alluring slogan appeared in a recent article on the Internet. This is the beginning of the investment article "Is SKY Cloud Century Real?"

The article introduces that "Blue Sky International Holding Group" is also known as "Cloud Century International Holding Group", also known as "SKY Cloud Century". The company is headquartered overseas and operates in many countries and regions around the world. It is an innovative version of of split plates. Then the article details the entire process of seven splits in the form of a table, which can ultimately lead to ten times the profit. In fact, this so-called "new concept wealth creation platform" does not have any authoritative official information.

About a month ago, a large number of Chinese tourists came to inspect the "World Five Continents Style Manor" on the outskirts of Kota Kinabalu. "Last time, about two thousand people came in large numbers, and there were many groups. They were greeted by star-rated hotels and greeted by luxury cars. Three weeks ago, I met a Hong Kong tourist. I asked him how much money he put in, and he said he put in hundreds of thousands. " /p>

The "World Five Continents Style Manor" is known to the outside world as a real estate project covering an area of ??2,000 acres. Relevant local government departments have publicly stated that the government has never approved the project and that criminals are using a false real estate project that does not exist to conduct illegal marketing activities.

Hong Guowei said that this place is more than an hour’s drive from Kota Kinabalu. The project used bulldozers and promotional banners to give the illusion of commencement, but in fact no project information was found at the local “Land Bureau”. We were familiar with the local area, so we contacted the so-called land bureau and understood that such land was not suitable for development. However, there was no information at all about this project if it needed to be developed. >In response, the Chinese Consulate General in Kota Kinabalu issued a document reminding Chinese citizens to beware of overseas fraud. The reporter learned that the person who carried out the illegal marketing activities was "Blue Sky International Holding Group", referred to as SKY, which was highly suspected of engaging in illegal fund-raising activities of a pyramid scheme nature.

Extended information:

According to online information, "Blue Sky International Holding Group", also known as "Cloud Century International Holding Group", is headquartered in the Philippines. The group claims that its SKY International Mall It is a consumer financial management platform that provides members, and SKY currency is a new type of virtual currency.

SKY financial management platform is a split model. A domestic staff member of the group said that splitting means doubling. Investors need to register an account and purchase cloud points. 1 US dollar is equal to 1 point. After 7 splits, they will get 10.8 times the income.

“For example, your account has 1,000 yuan. If you split it once, it will double to 2,000, and then double from 2,000 to 4,000. If you split it seven times in one ***, it will double seven times. , you can get about ten times the income in one year and two months."

The SKY staff said that depending on the amount of investment, investors will be marked with one star or three stars. , five-star and other levels, because there are more people buying and less selling, they only rise but not fall. This is static income. Dynamic income also includes recommendation awards, matching awards, leadership awards and insight awards, etc. This is considered " "Buy people", "If you promote members, the company will give you dynamic rewards. If everyone buys, the price will double."

In fact. , there have been precedents for such split scams on financial management platforms such as SMI, AGK, and MBI. At the end of last year, the defendant He Zhenqiu and others lured others to participate and defrauded money in the name of high profits from participating in MBI financial management activities. They were sentenced by the Xuzhou Intermediate People's Court for organizing and leading pyramid schemes.

Zhuang Bin, the presiding judge of the Xuzhou Intermediate People’s Court case, told a China Voice reporter that MBI financial management activities have three awards: direct promotion award, matching award, and leadership award, and the remuneration is based on the number of development personnel. According to this, the income from the split model needs to continue to develop offline, and the price of virtual currency is artificially raised to benefit early entrants.

"Participants in MBI financial management activities need to pay an entry fee to obtain qualifications and levels. Participants follow the recommended order of joining and form an upper and lower line hierarchy. They directly or indirectly make profits through the development of down lines and induce Participants go offline to defraud property. This model is in line with the characteristics of a pyramid scheme organization."

Central Broadcasting Network - "SKY Cloud Century" reproduces the Ponzi scheme. Experts: Overseas investment increases the difficulty of accountability