It is a pyramid scheme and may involve illegal fund-raising. Deposit 5,000, you can get 100 every day, and the daily interest rate is 2. Such a good thing is impossible, it will only be an abnormal scam.

According to national regulations, any deposit with an annual interest rate exceeding 6 is definitely a scam. Because if the deposit interest rate exceeds 6, the bank's loan interest rate must exceed 12. This is almost impossible.

Extended information

Free shopping, high-yield financial management, buying original stocks, online entrepreneurship, online gambling, love and mutual assistance... Online MLM has created more new tricks and new gimmicks.

Micro business MLM, shopping is mostly a cover. The WeChat public account "Cloud at Fingertips" has developed a WeChat mall with online shopping, payment, and commission rebate functions. Participants purchase a certain amount of goods and become members. If they continue to develop other members' shopping, they can earn commissions. The amount involved in the case reached 620 million yuan, and its 2.8 million members spread across 34 provincial administrative regions.

Downloading mobile application APP may also fall into the trap of pyramid schemes. The instant messaging client software "Huishengxianzi" adopts a registration system to develop and roll out. It also has direct sales awards, small market subsidies, year-end dividends and other reward models. The company under investigation is Nanjing Guotong Communication Technology Co., Ltd. This case has attracted 510,000 members, and it has been found that members spent 140 million yuan in purchasing APPs.

People's Daily Online - New methods of online MLM