Police warn of fraud when recharging Myaladdinz application

Tram Ho

Accordingly, Myaladdinz is an application not yet licensed by the State authorities. Myaladdinz’s nature does not have production activities to create products and services of use, but mainly operates under a multi-level model, taking the following participants’ money to pay interest and commissions for participants first. When there are no more participants, the system will crash and it will be difficult for the participants to get their invested money back.

 Công an cảnh báo lừa đảo khi nạp tiền vào ứng dụng Myaladdinz - Ảnh 1.

Myaladdinz application.

However, recently, on social networking forums and many personal Facebook accounts, regularly posting and sharing articles, advertising videos, especially an individual in Binh Phuoc province organized Organize seminars to introduce payment application (app) Myaladdinz household. These people believe that the application can pay bills for electricity, water, tuition, insurance, living expenses, bank installments, home, car … and can refund up to 80%. invoice value, the more users pay through the app, the higher the refund amount.

The websites entice users to join the application by registering accounts, filling in personal information, information about referrers, and having to top up their accounts at least 100 USD (nearly 2.4 million copper). The amount after depositing into the account is converted into “gem”, each “gem” corresponds to 1 USD.

 Công an cảnh báo lừa đảo khi nạp tiền vào ứng dụng Myaladdinz - Ảnh 2.

Notice of Binh Phuoc Provincial Police.

 

The method of operation of this application is that when the user pays the bill with “gem”, 80% of the “gem” will be refunded when the transaction is completed, not in cash. Users also may not need to buy or sell anything, just use real money to buy “gem” (ie deposit money into the account) and then use “gem” to convert “points” to receive interest from 0.2 – 0.1% points per day. If the participant introduces many other people to use the application, he / she will receive a commission discount for each level, similar to the multi-level model …

The police of Binh Phuoc province recommends that people stay alert, do not register to participate, recharge the above application in order to avoid losing money or having personal data stolen for use in illegal purposes.

Share the news now

Source : Genk