Sairui Chymall Scam Testimonies (Stay Away)

Like an Economist will say there is nothing as free launch, this is the case with the Sairui Chymall scam, which helps us understand there is no quick

Like an Economist will say there is nothing as free launch, this is the case with the Sairui Chymall scam, which helps us understand there is no quick way to make money. 

Previously we wrote an article notifying the public to stay away from Chymall and its activities as it is a scam. Not long the Cameroon government via the Minister of Finance took actions to ban Chymall and other Ponzi schemes in Cameroon.  

This article is a follow-up, to the previous article we wrote warning people to stay off Chymall. We got a lot of feedbacks and testimonies from people who have been victims of the Chymall scam. 

Some of these people were promised returns on their investments as well as devices such as smartphones if they recruited others to join the Chymall Ponzi scheme. They were to receive their returns in December but till this moment of writing, nothing.  

Sairui Chymall Scam Testimonies (Stay Away)

What is Chymall?

Chymall is an online marketing platform that promises its partners five per cent of their investment every ten days. This means that one month benefits 15 per cent of your investment and 90 per cent in six months. 

Who is the CEO of Chymall?

Yuan Zhang is the CEO of Sairui Chymall. Sairui Chymall is owned by a Chinese/Malaysian company with its African Head Office located in Ghana. Launched in March 2019 and it was commonly known as SAIRUI Mall.

Testimonies on Why Chymall is A Scam

Here are testimonies from people who either invested or know people who invested and have been scammed by Chymall. These testimonies are represented via conversations with them.

1. Alhassan Haadi in his Facebook post on Chymall Ghana writes an interesting perspective after his investigation on Chymall, when he stopped receiving his earnings. Below are his points 

• Waoooo its better to accept it's a scam because:
• Chymall said that trading capital can be withdrawn anytime but ended up forcing us all into getting a loan because they don't have money to pay withdrawals
• If it was really buying and selling as they claim, and our chypoints really equate to real dollars then it should not be hard to pay us our earnings.
• They made their withdrawal manually to take days to process when they are so many ways in this 21st century to pay funds in this sorts of online business automatically within minutes so people don't withdraw at any time they want.
• The products giving to us as registration product are cheap China products (look it up)
• Don't be deceived by the cars given, it's part of business strategy ( funds definitely comes from our registration fee and trading capital)
• To them, it's just a token 
• The site centuryhengyuegroup.com says their headquarters is located in Kuala Lumpur Malaysia with an address but when you look it up, you can't find Chymall anywhere among those buildings.
• A company without any social media page
• On that same site, they claim they are a billion-dollar company but it is not recognized on any popular site or even Forbes.
• Don't forget, they have no building of their own in Malaysia (so-called multi-billion dollar company)
  
  

  Alhassan Haadi facebook write up on Chymall Scam

  
  
• Where is the zhang yuan( the one that originally started Sairui mall), who partners with a company then disappears off the picture?
• Think: there is a reason for that name change but you all thought they partnered with Chymall that didn't exist as a business entity until after the collaboration with Sairui ( my theory, he wasn't he isn't the real owner of Sairu; the brain behind Sairu/Chy mall is an African with friends in Asia)
• The two Malaysians (Ben cha or prof Kamah) are puppet or figurehead controlled by possibly someone behind the picture. Why is the customer care only Ghanian call number, [A multi-billion dollar company in Malaysia]?

  Alhassan Haadi facebook write up on Chymall Scam

  
  
• Chymall can go a long run if registration keeps on coming because they only pay us from new registration funds and the day they suspect registration is declining then their true nature will be revealed.
• Anyways, kudos to whoever thought of this company, that person is a smart manipulative genius.

2. Che Fe and Sissy Kitenar complain of not being able to withdraw their earnings for a long time.

3. Florence H. from the USA appreciates our work on alerting people on the Chymall scam and also testifies of her friends in the USA who are crying about not being able to collect their profits.

Yusuf Abdulkarim cries out on how he's been trying to explain this issue to his pals.

4. Other testimonies from Chymall users.

Conclusion

The fact that Africa is considered poor will always make her a favourable ground for schemes like Chymall, since most Africans are always looking for ways to make money. These schemes will always work due to the multiplier effect. The companies know very well that, if they enrich a few with money, gadgets, houses and cars a million others will join to be like them.

We at hippotechgroup.com can only advice our readers to take their time do some research on the owners, the company, their business model etc. before joining them. Dot all your i's and cut your t's before giving your hard-earned money to anyone. 

See Also:

Cameroon Bans Sairui Chymall Scam & Other Ponzi Schemes

Why Sairui Chymall is a Scam and You Shouldn't Join