iX Global — A Ponzi scam targeted to siphon money & Involved in Anti-India Activities | |||||
This People background verification is much needed to be done, Joseph Montinez is a scammer and Viraj Patil has targeted Innocent people making them victim of this ponzi scheme, I have lost money & I am proud to say, I have a launched a police complaint against this scammers, I have full faith in CBI, NIA & Enforcement Directorate. This people should be investigated and jailed for their actions, its similar to dabaa wala scam. Another Harshad Mehta in market but We have full faith in our government who won't tolerate this ### this is new India & such scammers won't be tolerated *Scam 2020: Exposing The MLM Ponzi Nexus Operated During Pandemics* HTTPs://WWW.the420.in/scam-2020-exposing-the-mlm-ponzi-nexus-operated-during-pan...⇄ #420ExposesMLMPonZi HTTPs://twitter.com/initinpandey/status/[protected] *Like* *Share* *Retweet* Requesting everyone to go online & report at CYBERCRIME.gov.in Was this information helpful? | |||||
 3 Comments | |||||
Comments
I don't know what kind of scam you are talking about, but you are talking wrong.. this is false complaint & absolutely talking non sense... Do not believe this complaint.. I m with IX Global & earning Handsomely every month
Reply
The latest MLM gimmick is the smartphone based earning potential. I was sold into one in September 2020 called IX Global. They say they are a Utah registered app based educational learning Company. As a user you need to pay $125 ( INR 9000) monthly subscription fee for using their Binary and Forex alerts. They conduct daily two zoom calls i.e training and opportunity call(red flag) which are mandatory to attend.
They will brainwash you by showing the top most earners real earning results in the forex market which is in thousands of dollars. They make you believe that you too, a average person with no experience in trading can just copy paste the alerts sent and make a good profit. Any sane person with little knowledge of market will tell you it takes years of practice to actually trade and make money. They let you practice in a demo account and it will take close to 3 weeks for you gain the confidence to actually start trading with your hard earned money. Now you are left with just 1 week to make $125 to renew your subscription or else no alerts. Now here comes their other 3 pillars of residual income generation methods, network marketing a.k.a pyramid scheme. You bring 3 people and get $145 monthly payout(VIP 100). Let those 3 downline recruits bring more 3 people and so on. They giver bigger payouts when your team grows which is the only way to cover the costs or else you will be at the mercy of the alerts which are rare and subject to market risks.
The catch is they are using the current pandemic situation and targeting the middle to lower class young population. They use terms like financial freedom, second paycheck, life changing opportunity etc etc. I fell prey to this only for the trading aspect. My sales or marketing skills are nil. Within a month I quit and vowed to spread enough awareness about these folks at IX Global who are misleading people with their so called educational products. Learning alone can't pay you, it's the implementation of the education that yields the results. It will take months before you actually make some legit money in the market and in the meanwhile you will be forced to "recommend" this life changing product to your close ones.
After my research I found that the management people of IX Global i.e Joseph Martinez(CEO) and Viraj Patil (India Head) were associated last year(2019) with another same business model called Kuvera Global, which is nothing but a rebranded version of Wealth Generators (an MLM company that provided stock investment advice and illegal financial securities). It became Kuvera Global on March 1st 2018. So it's safe to say IX Global follows the same business Model.
Please stay away. Get rich quick methods have never worked and will never work. Life is difficult in current pandemic situation. Stay smart
They will brainwash you by showing the top most earners real earning results in the forex market which is in thousands of dollars. They make you believe that you too, a average person with no experience in trading can just copy paste the alerts sent and make a good profit. Any sane person with little knowledge of market will tell you it takes years of practice to actually trade and make money. They let you practice in a demo account and it will take close to 3 weeks for you gain the confidence to actually start trading with your hard earned money. Now you are left with just 1 week to make $125 to renew your subscription or else no alerts. Now here comes their other 3 pillars of residual income generation methods, network marketing a.k.a pyramid scheme. You bring 3 people and get $145 monthly payout(VIP 100). Let those 3 downline recruits bring more 3 people and so on. They giver bigger payouts when your team grows which is the only way to cover the costs or else you will be at the mercy of the alerts which are rare and subject to market risks.
The catch is they are using the current pandemic situation and targeting the middle to lower class young population. They use terms like financial freedom, second paycheck, life changing opportunity etc etc. I fell prey to this only for the trading aspect. My sales or marketing skills are nil. Within a month I quit and vowed to spread enough awareness about these folks at IX Global who are misleading people with their so called educational products. Learning alone can't pay you, it's the implementation of the education that yields the results. It will take months before you actually make some legit money in the market and in the meanwhile you will be forced to "recommend" this life changing product to your close ones.
After my research I found that the management people of IX Global i.e Joseph Martinez(CEO) and Viraj Patil (India Head) were associated last year(2019) with another same business model called Kuvera Global, which is nothing but a rebranded version of Wealth Generators (an MLM company that provided stock investment advice and illegal financial securities). It became Kuvera Global on March 1st 2018. So it's safe to say IX Global follows the same business Model.
Please stay away. Get rich quick methods have never worked and will never work. Life is difficult in current pandemic situation. Stay smart
Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good
a company is at responding and resolving complaints by granting from 1 to 5 stars for each
complaint and then ultimately combining them all for an overall score.
Read more
Read more
7%
Complaints
30
Pending
0
Resolved
2
View all 30 iX Global reviews & complaints
View all iX Global contact information