Huge Profit Bait!!
This kind of scam method is all too common, and most of the people should be aware of it. The way it is designed is pretty basic, and since there has been news about it again and again, people should really be paying attention or at least think twice before falling into this kind of scam.
The latest news about this scam in my country is that there is a fake company whose business model copies the marketplace. And they were said to work on this new app, and the member will get a huge profit out of the transaction that is happening there.
But there is a catch to it, to become a member and eligible for the profit one should make an investment first in the company, and then they also have to find some other people to become their affiliate, thus making this scam grow quite fast. Because members get member scheme spreads a lot faster and needs less marketing budget.
And you can guess it, it doesn't go around long enough to pay all the members the huge profit that they promised. There is no real profit there, and the app is really fake in broad daylight. The government officials finally stepped in and seized all the operations.
But I think those who invest the latest or those who have not yet hit the break-even point will most likely lose their money. They fall for that bait too easily. And those huge profit bait has been all too common, but people fall for it almost everytime. Sad.