The companies iGenius, DreamTrips, and Jifu are currently being investigated by the Office of Competition and Consumer Protection (UOKiK) in Poland. This investigation is specifically focused on determining if these companies are operating as pyramid schemes.

According to UOKiK, the iGenius, DreamTrips, and Jifu platforms potentially function as pyramid-like promotional systems, where earnings are dependent on recruiting new members into the distribution structure. UOKiK is trying to determine if these online platforms violate consumer interests.

In such pyramid schemes, the common element is the recruitment of new members and building a structure with the promise of profits. However, as the system relies solely on the money deposited by new participants and does not invest in any assets, it is bound to collapse after a certain period of time.

UOKiK’s investigation into these companies was initiated following complaints from Polish consumers. Additionally, there are other reports that raise concerns about the business practices of these companies. For example, iGenius is accused of committing securities fraud through the unregistered offering of automated trading, and both iGenius and its parent company Investview are under investigation by the SEC. DreamTrips’ business model is said to resemble a pyramid scheme, and Jifu is criticized for its high affiliate membership fees and pay-to-play structure.

UOKiK warns that operating a pyramid scheme in Poland can result in a fine of up to 2 million PLN (~$463,440 USD). Promoters of pyramid schemes may also face a 10% disgorgement of their ill-gotten gains.

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