Glean Mining Pro Review: MineXone scammers are back
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Glean Mining Pro fails to provide ownership or executive information on its website.
Glean Mining Pro’s website domain (‘gleantrading.com”), was first registered in September 2019.
The private registration was last updated on September 14th, 2022.
In an attempt to appear legitimate, This company provides “certificate of incorporation” and “business license” links in its website FAQ.
At time of publication both links are broken.
Of additional note is Glean Mining Pro’s website YouTube link pointing to MineXone
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MineXone is a collapsed crypto mining ruse Ponzi that launched in 2019.
It appears the same scammers are behind this same company
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Glean Mining Pro’s Products
It also has no retailable products or services.
Affiliates are only able to market Glean Mining Pro affiliate membership itself.
The project Compensation Plan
So the affiliates invest $500 to $1,000,000 in cryptocurrency.
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This is done on the promise of a 1.5% daily ROI.
It pays referral commissions on invested cryptocurrency down two levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 5%
level 2 – 3%
Joining Glean Mining Pro
Glean Mining Pro affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment.
Glean Mining Pro solicits investment in various cryptocurrencies.
In Conclusion
Glean Mining Pro’s “gleantrading.com” website domain immediately sticks out as strange.
Although both are commonly used as Ponzi ruses, trading and mining are to very different activities.
Turns out circa 2021 Glean Trading was the Ponzi predecessor of Glean Mining Pro
So we have MineXone –> Glean Trading –> now this GMP
As with the previous two Ponzi schemes, there is of course no mining activity behind Glean Mining Pro.
Such to the extent GMP represents it’s engaged in mining activity on its website, it’s stolen marketing copy and photos.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve GMP of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.