EVChargezus, a fraudulent operation masquerading as an investment platform, has surfaced with the website evchargezus.com. This domain was privately registered on November 13th, 2024, and the site offers no transparency regarding its ownership or executive team. Website code analysis reveals Chinese language elements, strongly suggesting operators with connections to China. The Central Bank of Russia issued a pyramid fraud warning concerning EVChargezus on December 4th, 2024.
The platform is a classic Ponzi scheme, lacking any genuine products or services for sale. Affiliates can only promote EVChargezus memberships. The entire operation relies on new investors' funds to pay earlier participants, a hallmark of fraudulent investment schemes.
EVChargezus operates through a tiered investment structure promising daily returns. Investors are classified into seven VIP levels, requiring initial investments ranging from 12 USDT to 20,000 USDT. For instance, VIP1 investors commit 12 USDT and are promised a daily return of 1.7 USDT, while VIP7 investors deposit 20,000 USDT for a purported daily gain of 3,636 USDT. These returns are not generated from any legitimate business activity.
Recruitment is further incentivized through a multi-level commission structure. Affiliates earn a 12% commission on investments made by personally recruited members, with additional 3% and 2% commissions on the second and third levels of recruitment, respectively. Free membership is available, but full participation in the income opportunity necessitates a minimum 12 USDT investment.
The scheme pilfers the identity and branding of EVGo, a legitimate US-based electric vehicle public charging network company. EVChargezus has no affiliation with EVGo. Its fraudulent narrative ties into EVGo charging stations, creating a false association.
The core activity for EVChargezus investors involves a daily ritual of "clicking a button" within the platform's application. This simple action allegedly qualifies investors to receive their promised daily returns. However, this button-clicking exercise is purely cosmetic; it generates no external revenue. The scheme functions solely by recycling new funds to pay off existing investors.
This "click a button" app Ponzi model has been a recurring scam since late 2021. Similar fraudulent operations, such as Vibra VIP, Agility VIP, and Devon Oil, have used stolen identities to lure victims. Other EV charging-themed scams include Tesla Supercharger, Supercharger, and Halo Charge. Hundreds of such schemes have been documented, with most collapsing within weeks or months. These platforms typically vanish without warning, disabling their websites and apps, leaving the vast majority of investors with significant losses. The math of Ponzi schemes is always the same: collapse is inevitable.
Investors can report suspected fraud to the U.S. Federal Trade Commission at ReportFraud.ftc.gov.