Is Star Diamond Technology not authoritative and a reliable auction platform?

No, it's the platform of ** company. According to relevant laws and regulations, enterprises engaged in auction-related business in China must be approved by the department responsible for managing the auction industry of the province, autonomous region or municipality directly under the Central Government, and apply for registration with the administrative department for industry and commerce and obtain a business license.

Xingzhuan Technology uses the money invested by new members to the platform to "pay salaries" to old members, which is actually a pyramid scheme.

Star Diamond Technology has a set of personnel hierarchy system, the level includes ordinary members, **, diamond brokers, etc., this hierarchy system is based on pulling heads and multi-level sampling. For example, there are 20 layers of personnel under the diamond broker, and 10 layers of personnel under the **;

Diamond brokers can enjoy commission rewards, which can take 15% from the first tier of personnel, 10% from the second tier, etc. (the ratio in the lower right corner of the figure below). However, the conditions for becoming a diamond broker are to either maintain a minimum of $20,000 on the platform, or cultivate 3 groups of seniors**, and the total investment amount of market crowdfunding auctions reaches $80,000.

It's okay, I just won two awards not long ago, and I must have done a good job to win the award, and I won't deceive consumers.

It's already collapsed, and I searched the Internet for myself, and no one has ever gotten the gold for January, and if you don't get it right, you'll have to do something.

Ponzi, you know for yourself.

It's not very clear, you can find out for yourself.

There is no deception, I only won two awards not long ago, and I must have done a good job to win the award, and I will not deceive consumers.

No, they just won two big prizes! It must be because it's done well.

Authority, not long ago won an award, you can learn about it.

Fake, don't believe it.

Founded in 2000, SACOTECH focuses on integrating sellers and buyers in the international market, providing auction services for buyers and sellers, with its main business being online and offline "diamond" auctions, and is the world's first online shared auction platform company.

Screenshot of the official website of Star Diamond Technology Generally speaking, Star Diamond Technology buys the seller's goods through crowdfunding, and then auctions the goods through its own auction service provider, earning profits and transaction commissions, and the profits obtained are equally shared with investors participating in crowdfunding (investors can get 40 50 of the profits).

There is no regulation. Sacotech says its account with the National Bank of the United Arab Emirates is suitable for both buyer and seller transactions. Every record is controlled and audited by the Emirates National Bank.

However, the Emirates National Bank does not have regulatory and regulatory attributes, and the only ** regulator bank in the UAE is the role of the National Institutional Attributes Banking Regulatory Commission of the ** Bank of the United Arab Emirates (CBUAE), which is responsible for the country's financial supervision, and through inquiries, there is no Star Diamond Technology Company in the supervision.

High yields. Star Diamond Technology claims that you can participate in the diamond sharing auction for $200, and the company buys diamonds through crowdfunding, and after the auction is successful, it will share profits with members, and the monthly income through this static financial management will reach 8%-16%.

With a monthly return of 16% and an annual yield of 593%, can you believe this kind of yield? In addition, Xingzhuan Technology also has another income model, that is, another feature of the capital market, pulling people's heads. Auction brokers.

Star Diamond Technology also has a set of head-pulling system, setting different levels, namely authorized brokers, senior authorized brokers, and diamond authorized brokers.

a) Authorized Brokers.

$2,000 for individuals.

Direct referral of three customers.

Referred customers have invested a total of $5,000 and shared the auction with a total of $8,000.

b) Senior Brokers.

Has 2 groups of authorized brokers.

Accumulate three groups of markets and each group has a net deposit of $6,000.

The team shared a total of $25,000 in auction amounts.

c) Diamond brokers.

Has 3 groups of senior brokers.

The cumulative auction amount of the team is 80,000 US dollars.

The higher the level, the higher the income, which is completely a pyramid scheme.

Looking at the above points, there is no other difference between SACOTECH Star Diamond Technology and the collapsed PTFX Puton, except for the packaging gimmick. Investors must be wary of this newly packaged capital disk.

I don't, I have friends who work at Star Diamond Technology.

I have a friend who has bought a necklace on the Star Diamond auction platform.

I haven't bought it, but my friends around me have heard about it.