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Nugen Coin- Scam Review

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Nugen Coin’s web site does not checklist its homeowners or managers.   

A personal registration of nugencoin.com was made on November 1, 2021.   

A reader requested me about Nugen Coin and Free Mart.   

Somewhat examine confirmed this.  

In 2016 many web sites reviewed Free Mart. David Crookston and John Austin co-founded the corporate (left and proper, respectively). Free Mart was a pyramid scheme that did not distinguish between associates and retail prospects.

Kooky gadgets accompanied the MLM alternative. Free Mart made unlawful medical claims.  Since 2016, Free Mart is now “ShopFreeMart.”  “shopfreemart.com” offers no company possession or management data. No point out of NugenCoin both.   

ShopFreeMart’s refusal to recognise possession of Nugen Coin is a crimson flag. not offering ShopFreeMart’s possession and company details.   

Each omissions to reveal are FTC Act breaches.  

In keeping with the Nugen Coin promo movie, John Austin continues to be CEO of ShopFreeMart.   

David Crookston stop in mid-2016. Austin aired his soiled laundry about him. 

If an MLM firm is not clear about who runs it, suppose twice earlier than becoming a member of or giving cash.   

NugenCoin’s Merchandise:  

Nugen Coin does not promote something. Associates can solely market affiliate membership.   

Nugen Coin Payout:   

Nugen Coin associates make investments for the ROI. Free Mart sells 32.7-cent Nugen Cash to associates. The Nugen Coin funding minimal is $50. ShopFreeMart holds Nugen cash for 18 months. That is executed for a 200% ROI each 202 days.   

Whereas your cash are staked with NuGen, you’ll obtain 0.35 % daily in further cash, for a every day return of 0.357 %. Your cash will double in 202 days at that price.   

18 months equals 547 days, or 2.7200% ROI in 202-day cycles.   

Private recruits: obtain a ten% fee on Nugen Cash.

That is along with ShopFreeMart MLM commissions.   

ShopFreeMart’s web site does not checklist compensation. I can not inform if the compensation plan has been altered since 2016.   

A minimal $50 Nugen Coin funding is required for this earnings alternative.   

Conclusion:   

ShopFreeMart.com has no guests. ShopFreeMart’s MLM mannequin is defunct.   

Nugen Coin seems to be a determined try and maintain associates in a cryptocurrency rip-off. 

NuGen Coin (image NUGEN) is our flagship coin.  ShopFreeMart lacks Nugen Coin technical particulars. Nugen Coin is marketed as “the brand new customary of banking and commerce.”   

ShopFreeMart promotes Nugen Coin as “the subsequent Bitcoin.” Bitcoin crashed. It is first listed at 5 cents per coin, and it is presently virtually $41,000. You are up.   

This can be a false declare made to advertise Nugen Coin. Associates get a every day ROI for 18 months.   

ShopFreeMart’s Nugen Coin is a safety. Regulatory registration and authorized monetary studies are required.   

Nugen Coin’s Finish-Person License Settlement lists a Florida tackle. Nugen Coin’s settlement states that US regulation, excluding conflicts of regulation rules, governs this Settlement and your use of the App.   

ShopFreeMart, Free Mart, Nugen Coin, and John Austin are all unregistered to supply securities within the US.    Nugen Coin and ShopFreeMart have dedicated securities fraud.   

ShopFreeMart associates purchased Nugen Coin at 9.6 cents a coin, a 3rd of its present worth. They will be the primary to succeed in the 18-month maturity interval and money out their funds. 10 % commissions is not MLM, however Nugen Coin is linked to ShopFreeMart. Those that herald essentially the most Nugen Cash will naturally earn essentially the most.   

Withdrawals shall be dealt with by Nugen Coin’s personal alternate.   

“We are actually organising our personal NUGEN EXCHANGE the place you should buy, promote, or maintain for future worth will increase. NUGEN shall be featured with Bitcoin and others. Binance will even checklist NUGEN.”   

Nugen Coin stays brazenly tradeable regardless of its area being registered seven months in the past.   

John Austin is probably going saving public buying and selling for an exit scheme. ShopFreeMart will not pay withdrawal requests, so Nugen Coin shall be dumped on shady exchanges.   

I am sorry in your loss as Nugen Coin associates panic-sold and the general public buying and selling worth plummeted.

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