Weeconomy began as Flexkom, a pay to play pyramid scheme masquerading being an ecommerce platform.
Flexkom collapsed on or around late 2016. Today the former Flexkom website domain redirects to something called “MPM Group AG&rdquo ;.
Flexkom is believed to have scammed well over 40,000 affiliate investors, nearly all of which were in Turkey.
Around the full time of Flexkom's collapse in late 2016, Wee Business Economy was launched.
Weeconomy (aka Wee and Wee Business Economy), is headed up by Flexkom owner Cengiz Ehliz (right).
For all intents and purposes, Weeconomy is really a rebranding and continuation of the Flexkom scam.
Keep reading for a complete review of the Weeconomy MLM opportunity.
Weeconomy Products
Weeconomy runs a rebrand of Flexkom's merchant network.
Shoppers register and when they purchase products through participating merchants (all of whom are Weeconomy affiliates), they get a cashback.
Cashback can either be cashed out or used as credit at other signed up Weeconomy merchant affiliates.
Shopper membership for Weeconomy's platform is free, however it has nothing to do with Weeconomy's MLM opportunity.
The Weeconomy Compensation Plan
You won't locate a copy of Weeconomy's compensation plan on their website, or anywhere for that matter.
Much like Flexkom the income opportunity side of the business enterprise is shrouded in mystery.
As such, these analysis has been pieced together from various Weeconomy marketing presentations (most of which have been in German, because Flexkom tanked Cengiz Ehliz's reputation in Turkey).
Conclusion
Weeconomy's original business plan, while not openly presented, is straightforward enough to understand.
You register, spend money on shares and collect a regular return. If you will want higher return, you merely invest more:
Wee's ecommerce shopping platform will there be, which you can either pretend is applicable or just ignore.
Typically you'll only hear about Weeconomy's shopping platform from affiliates'attempting to convince you it's not a scam.
Despite clearly offering a passive investment opportunity, Weeconomy provides no indication on its website that it has registered its opportunity with financial regulators in virtually any jurisdiction.
In reality in the event that you visited Weeconomy's website, you'd be forgiven for thinking the company has no attached income opportunity at all.
The explanation for the shadiness must certanly be obvious. If Weeconomy's merchant platform was actually viable, Flexkom wouldn't have collapsed.
The problem with MLM ecommerce platforms is invariably it's only affiliates who wind up using them.
They're not there to search though, and and so the platforms become marketing tools.
The point is, the addition of crypto Weeconomy provides literally no change to the business model, other than platform payments in Weeconomy's internal token https://scamrisk.com/weeconomy/.
And of course the addition of cryptocurrency brings with it the “spend money on our shitcoin and we'll all be rich” rubbish.
Cooinx is presented as a standalone company but is obviously yet another shell part of Weeconomy.
