FFST Group is an MLM company that lacks transparency in terms of ownership and executive information. The website domain was registered in 2003, but the current owners remain undisclosed. The website’s source code suggests a connection to the Chinese search engine Baidu. When considering joining or investing in an MLM company, it is crucial to have complete knowledge of its ownership and leadership.
Data: FFST Group’s Products and Compensation Plan
FFST Group does not offer any retailable products or services. Affiliates are only able to promote the FFST Group affiliate membership itself. The compensation plan revolves around affiliates investing tether in exchange for promised returns. The investment amounts and corresponding daily returns are as follows:
- VIP1 – invest 30 USDT and receive up to 0.90 USDT a day
- VIP2 – invest 100 USDT and receive up to 2.60 USDT a day
- VIP3 – invest 500 USDT and receive up to 13 USDT a day
- VIP4 – invest 1000 USDT and receive up to 26 USDT a day
- VIP5 – invest 2000 USDT and receive up to 52 USDT a day
- VIP6 – invest 5000 USDT and receive up to 130 USDT a day
- VIP7 – invest 10,000 USDT and receive up to 260 USDT a day
- VIP8 – invest 30,000 USDT and receive up to 780 USDT a day
FFST Group also provides referral commissions to affiliates based on the recruitment of new investors. The commission rates vary depending on the VIP level of the recruited affiliate:
- Recruit a VIP1 affiliate and receive up to 0.4 USDT a day
- Recruit a VIP2 affiliate and receive up to 1.4 USDT a day
- Recruit a VIP3 affiliate and receive up to 8.4 USDT a day
- Recruit a VIP4 affiliate and receive up to 18.2 USDT a day
- Recruit a VIP5 affiliate and receive up to 39 USDT a day
- Recruit a VIP6 affiliate and receive up to 104 USDT a day
- Recruit a VIP7 affiliate and receive up to 221 USDT a day
- Recruit a VIP8 affiliate and receive up to 702 USDT a day
Additionally, FFST Group offers rank achievement bonuses to affiliates who successfully recruit a specific number of investors. The bonuses and corresponding recruitment targets are as follows:
- F1 – recruit twenty affiliate investors and receive a set of Apple AirPods and 200 USDT a month
- F2 – generate five personally recruited F1 or higher ranked affiliates and receive an iPhone 14 Pro Max and 700 USDT a month
- F3 – generate five personally recruited F2 or higher ranked affiliates and receive an Apple 16-inch MacBook pro and 2000 USDT a month
- F4 – generate five personally recruited F3 or higher ranked affiliates and receive “a car worth $100,000” and 8000 USDT a month
- F5 – generate five personally recruited F4 or higher ranked affiliates and receive “Denver’s 7000 square-foot, $600,000 villa” and 30,000 USDT a month
Observations:
FFST Group operates as a “click a button” app Ponzi scheme. The concept involves affiliates logging into the app and clicking a button. The frequency of button clicks corresponds to the amount invested by the affiliate. Supposedly, these button clicks generate revenue through orders placed with online retailers. FFST Group claims to receive a commission from these orders, which is then distributed among affiliates. However, this mechanism doesn’t align with genuine customer orders. In reality, the funds invested by new affiliates are used to pay earlier investors. It is important to note that “click a button” app Ponzis like FFST Group tend to collapse after a few weeks or months. BehindMLM has documented multiple similar app Ponzis using the same ecommerce ruse, such as DFMall, GoodbuyKK, and IGDA Sam’s Club. These schemes often disappear abruptly, leaving investors with losses.