FutureNet consumer protection warning issued in Austria

VKI, Austria’s top consumer protection organization, has issued a warning against participation in FutureNet.

According to VKI, FutureNet has the characteristics of a Ponzi/pyramid hybrid scheme.

VKI’s warning pertains to investment in
FutureAdPro
, FutureNet’s adpack Ponzi scheme.

Following multiple collapses, last we heard FutureNet was
slashing returns
in a desperate bid to stay afloat.

VKI additionally note:

FutureNet has no physical presence, making contacting the company difficult;

FutureNet’s website is registered in the Marshall Islands, while FutureNet itself claims to be based out of also Dubai;

an increase in angry FutureNet affiliates reporting non-payment or backoffice deletion of funds; and

FutureNet removing any complaints posted to their social media pages “immediately”.

VKI warns Austrian consumers:

Do not register on futurenet.club.

Do not invest money in the company because there are many inconsistencies.

The company is suspected of being a punishable pyramid scheme, with only the operators and a few participants earning at the expense of everyone else.

Poland’s FutureNet scam warning
issued a few months ago is also cited.

🤖 Quick Answer

What warning did Austria's VKI issue regarding FutureNet?

What operational issues characterize FutureNet according to VKI?
FutureNet lacks physical presence, complicating customer contact. The company's website is registered in Marshall Islands while claiming Dubai headquarters. VKI documented increased complaints regarding backoffice fund deletion and non-payment, alongside FutureNet's removal of critical posts from social media platforms.

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