You should definitely read this article if you are considering investing in Ecomm Shares or E-Comm Shares.
With a guaranteed 3% daily return, it is heavily promoted on social media in the Philippines.
Sounds too good to be true, right?
Perhaps Ecomm Shares is your ticket to financial freedom. What do you think?
I think not.
This E-Comm Shares review will provide you with all of the information you need to know about the company. You will be aware of its revenue sources. Overall, you’ll be able to determine whether or not Ecomm Shares is a scam.
So, keep reading.
Table of Contents
Ecomm Shares was founded in December of 2014, according to its website (ecomshares.com). In 2017, it claims to have become a major dropshipping partner with eBay and Amazon.
Their stage actor fake CEO, who grew up in Florida (but doesn’t speak native English), said their sales in 2020 totaled $17.6 billion. With this claim, E-Comm Shares is now considered to be a billion-dollar company.
The statement above, however, is false. There are no filing records for this company in the SEC database in the United States. Furthermore, it stated that its company’s registration was only filed on June 11th, 2021. As a result, it’s ironic that a billion-dollar corporation will register 7 years after it was founded.
Moreover, Ecomm Share’s website domain (“ecomshares.com”) was privately registered only on March 3rd, 2021.
Do you believe that an e-commerce company who offers dropshipping services since 2014 will just register its website in 2021?
That’s total nonsense.
Watch closely how their fake CEO, William Thomas delivers his scripted promotional speech about his dubious company.
Whoever created E-Comm or E-Comm shares clearly hides his identity.
Ecomm Shares Products and Services
Ecomm Shares does not offer any products or services to the general public. There is no proof that it offers dropshipping services to its clients. The truth is this company is offering an affiliate membership program called Product Package Share (PPS).
When you join, the company promises that you will own a share of their store without having to run it, allowing you to share in its profits.
Compensation Plan: How to Make Money with Ecomm Shares
Ecomm Shares guarantees a 3% profit of your investment for 60 days. For example, your $20 investment has a return of $36 after 60 days. The more you invest, the higher your profit in 60 days.
- $20- Get $0.36 per day or earn $36 after 60 days.
- $50- Get $1.50 per day or earn $90 after 60 days.
- $100- Get $3.0 per day or earn $180 after 60 days.
- $500- Get $15 per day or earn $900 after 60 days.
- $1000- Get $30 per day or earn $1,800 after 60 days.
Investors can also make money by recruiting others to the scheme in addition to the guaranteed profit. You will receive 5% of the PPS purchased by your recruit in the 1st level while you will get 3%, 3%, 2%, and 2% in the 2nd, 3rd, 4rth and 5th levels, respectively.
Is Ecomm Shares Legit or Scam?
Ecomm Shares is a scam. It’s a Ponzi scheme. It has no products or services. It doesn’t offer legit dropshipping services. It offers unrealistic and guaranteed high returns on investments.
A Ponzi scheme is a type of fraud that entices investors and rewards them with funds from newer investors. Victims are led to believe profits are from legitimate business activity (e.g., product sales or successful investments), when in fact funds are coming from other investors.
It’s obvious. In the case of Ecomm Shares, guaranteed profits were taken from the investments of new members. The only way to sustain this scheme is to recruit other investors.
E-Comm Shares Ponzi scheme is only sustainable for a short period of time. It will someday no longer be possible to attract new investment capital. This time, the company will be completely wiped out, with all the majority and new investors being on the losing end.
The people behind this scheme hide its true identity. The company said it was launched in 2014 yet it filed its registration and created its website in 2021.
Ecomm Share or E-Comm Shares is a scam. It’s a Ponzi Scheme. Don’t put your money on it.
All funds entering Ecomm Shares are sourced from the investments which the members contribute. These investments are used to fund the compensation plan.
Ponzi schemes are mathematically guaranteed to lose money for the vast majority of participants when they collapse. All Ponzi schemes run dry once affiliate recruitment stops.
Do not invest in this company if you don’t want to lose money.
Please share this review for public awareness.