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Trump card is pyramid scheme?
ACE's financial management is unreliable. ACE was reported in June! The anti-MLM organization voiced, Ace is a financial MLM, don't believe it! In the past, the only way to make money was to expand the patient team.

ACE ace ace company profile.

ACE Ace is the name of a wealth management product, which can be understood as a digital stock with no corporate equity function. It is a new wealth management product that is independently issued and traded on the Internet platform after the reform of the traditional stock system. ACE financial trading platform is a game financial trading platform built by ACE company. Each participant is a player of this trading platform, and manages funds by playing games. Characteristics of ACE: 1. Like stocks, it has no equity function, but it has the function of compound interest expansion of funds in the stock market; 2. Like insurance, there is no claim function, but it has the function of maintaining and increasing the value of insurance; 3. Like a bank, there is no bank interest, but there is a bank's capital circulation function; 4. Like direct selling, there is no physical product, but it has the market multiplication function of direct selling.

Second, the trump card mode is MLM mode:

(1) The organizer or operator, through the developer, requires the developed personnel to develop their patients to join, and calculates and pays the remuneration (including material rewards and economic benefits of patients, the same below) for the developed personnel based on the number of direct or indirect developers, so as to seek illegal benefits;

(2) Organizers or operators require developers to pay through developers or pay in disguised form by subscribing for goods. And obtain the qualification to join or develop its patients to join, in order to seek illegal interests;

(3) The organizer or operator, through the developer, requires the developer to develop the participation of its patients, so as to form an online relationship, and calculate and pay online rewards according to the sales performance of the lower-level line, so as to seek illegal benefits.

ACE's joining mode and investment income mode (dynamic and static income) fully conform to the definition of the three characteristics of MLM in the MLM Prohibition Ordinance. As for what to do in the face of pyramid schemes, there is not much explanation. In short, report it, stay away from it!