iCenter provide no information on their website about who owns or runs the business.
The iCenter website domain (“icenter.co”) was privately registered on July 1st, 2017.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
iCenter has no retailable products or services, with affiliates only able to market iCenter affiliate membership itself.
The iCenter Compensation Plan
iCenter affiliates invest cryptocurrencies on the promise of an advertised ROI:
- invest 0.01 BTC and receive a 1.2% daily ROI for 120 days (120%)
- invest 0.1 LTC or more and receive a 1.4% daily ROI for 99 days
Investment in iCenter is solicited and coordinated through Telegram bots.
iCenter pay referral commissions down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 3%
- level 3 – 1%
iCenter affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the iCenter MLM opportunity requires a minimum 0.01 BTC or 0.1 LTC investment.
These fraudulent businesses all wound up the same;
- either Telegram shut the bots down or;
- once they’d collapsed the owners did a runner and pretended Telegram shut their bots down to cover their escape.
iCenter is no different and will ultimately follow the same fate.
And if Telegram doesn’t step in first and shut the scam down, there are signs a collapse is imminent.
iCenter launched with a bitcoin bot. When that started to run out of money they launched a litecoin bot.
The litecoin bot paid out more, because you’re not going to encourage new investment with the same rate you’re already paying out.
There is now talk among iCenter affiliates of a new bot coming out (possibly ethereum).
These are effective relaunches of the same Ponzi scam, each offering a higher percentage payout to encourage new and existing investors to continue to invest and reinvest.
Since January, 2018, Alexa traffic estimates for the iCenter website show a flat-line.
This is typically recognized as the end of an online Ponzi scheme.
After existing investors have been milked dry through the new bot, iCenter will run into the same problem of not having enough funds to pay its ROI liabilities.
What’s particularly insidious about iCenter is its owners also use it as a platform to build downlines in third-party schemes.
Suspect and outright fraudulent MLM businesses listed as “partners” on the iCenter website include iMarketsLive, SureBets, BitClub Network, Global Dynamic Marketing, USI-Tech, Laser Online, FutureNet, BitConnect and Crypto World Evolution.
Whoever is running iCenter appears to be well-versed in fraud.
Prospects who readily identify iCenter for what it is, an obvious Ponzi scheme, are told it
is not a Ponzi, and if you are looking for a system to make LOADS of money in the short run and have most of your team lose, you are in the wrong place!
Our revenue comes from our partners and anyone can earn money from our partners themselves at their own risk.
Just remember that some of our Partners are HYIP projects and we don’t advise anyone to invest directly with them!
So there you have it. iCenter isn’t a Ponzi scheme because outside of running Telegram Ponzi bots, they purportedly invest funds in other Ponzi schemes to pay their own Ponzi investors.
Stellar scam logic right there folks.