BG Wealth Sharing fails to supply verifiable possession or govt info on its web site.
The one title connected to BG Wealth Sharing on its web site is founder “Professor Stephen Beard”:
Stephen Beard doesn’t exist exterior of BG Wealth Sharing’s web site and is assumed to be a fictional identification.
BG Wealth Sharing operates from three identified web site domains:
- bggp.vip – privately registered on November thirtieth, 2024
- dsjzn.com – non-public registration final up to date on August thirtieth, 2025
- dsjlc.com – non-public registration final up to date on August thirtieth, 2025
Regardless of current for lower than a 12 months, on its web site BG Wealth Sharing falsely claims it was based in 2018.
BG Wealth Sharing is intertwined with DSJ Alternate (aka DSJEX), a pretend buying and selling platform:
BG Wealth Sharing’s web site funnels potential traders to DSJ Alternate’s continuously altering web site domains. DSJ Alternate’s web site exists solely to funnel guests towards downloading a dodgy app of unknown origin.
It’s apparent the identical individuals behind BG Wealth Sharing are operating DSJ Alternate.
DSJ Alternate operates from 4 identified web site domains:
- dsj58.com – privately registered on November third, 2024
- dsjex.com (Cloudflare already flagged for fraud) – privately registered on Could 14th, 2019
- dsj011.com (Cloudflare already flagged for fraud) – privately registered on April twenty ninth, 2025
- dsjex112.com (Cloudflare already flagged for fraud) – privately registered on August twenty seventh, 2024
It’s extremely possible DSJ Alternate has different web site domains in rotation.
In an try to seem authentic, BG Wealth Sharing touts SEC registration of BG Wealth Sharing LTD.
BG Wealth Sharing LTD is a Colorado shell firm, registered by “Fong Sam Worldwide accounting corporations” on April thirteenth, 2025.
The company tackle offered for BG Wealth Sharing LTD belongs to PostNet, a digital mail supplier.
“Fong Sam Worldwide accounting agency” doesn’t seem to exist. The Colorado tackle offered for the purported agency belongs to Colorado Registered Agent.
On its web site Colorado Registered Agent pitches digital workplace providers and “enterprise formation providers”.
We’ll revisit BG Wealth Sharing LTD’s purported SEC registration within the conclusion of this overview.
If we have a look at the source-code of BG Wealth Sharing’s web site, we discover Chinese language:
This implies, versus the US, whoever is operating BG Wealth Sharing and DSJ Alternate has ties to China.
BG Wealth Sharing LTD and DSJ Alternate have already attracted the eye of economic regulators.
The UK’s Monetary Conduct Authority issued a BG Wealth Sharing and DSJ Alternate securities fraud warning on Could seventh, 2025.
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
BG Wealth Sharing’s Merchandise
BG Wealth Sharing has no retailable services or products.
Promoters are solely in a position to market BG Wealth Sharing promoter membership itself.
BG Wealth Sharing’s Compensation Plan
BG Wealth Sharing promoters make investments tether (USDT). That is achieved on the promise of each day returns.
BG Wealth Sharing funding tiers look like 500 USDT, 1000 USDT, 3000 USDT and 5000 USDT.
BG Wealth Sharing advertising and marketing materials cites each day 1.3% and a pair of.6% ROI charges:
The MLM facet of BG Wealth Sharing pays on recruitment of promoter traders.
BG Wealth Sharing Ranks
There are seven promoter ranks inside BG Wealth Sharing’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Junior Spokesperson – enroll as a BG Wealth Sharing promoter and recruit 5 promoter traders
- Intermediate Spokesperson – preserve two personally recruited promoter traders and generate a downline of twenty-five promoter traders
- Senior Spokesperson – preserve three personally recruited promoter traders and generate a downline of 100 and twenty-five promoter traders
- One Star Spokesperson – preserve 4 personally recruited promoter traders and generate a downline of 5 hundred promoter traders
- Two-Star Spokesperson – preserve 5 personally recruited promoter traders and generate a downline of 1 thousand promoter traders
- Three-Star Spokesperson – recruit six promoter traders and generate a downline of two thousand promoter traders
- Regional Spokesperson – recruit seven promoter traders and generate a downline of 5 thousand promoter traders
Referral Commissions
BG Wealth Sharing pays a referral fee on USDT invested by personally recruited promoters:
- recruit a 500 USDT funding tier promoter and obtain 25 USDT
- recruit 1000 USDT funding tier promoter and obtain 100 USDT
- recruit a 3000 USDT funding tier promoter and obtain 300 USDT
- recruit a 5000 USDT funding tier promoter and obtain 500 USDT
Rank Achievement Bonus
BG Wealth Sharing rewards promoters for qualifying at Junior Spokesperson and better with the next Rank Achievement Bonuses:
- qualify at Junior Spokesperson and obtain $100 plus a 0.5% “bonus ratio”
- qualify at Intermediate Spokesperson and obtain $300 plus a 1% “bonus ratio”
- qualify at Senior Spokesperson and obtain $800 plus a 2% “bonus ratio”
- qualify at One-Star Spokesperson and obtain $2000 plus a 2.5% “bonus ratio”
- qualify at Two-Star Spokesperson and obtain $5000 plus a 3% “bonus ratio”
- qualify at Three-Star Spokesperson and obtain $12,000 plus a 3.5% “bonus ratio”
- qualify at Regional Spokesperson and obtain $25,000 plus a 4% “bonus ratio”
“Bonus ratio” isn’t defined however is assumed to both be a each day ROI fee bonus or downline ROI matching bonus.
Becoming a member of BG Wealth Sharing
BG Wealth Sharing promoter membership is free.
Full participation within the connected revenue alternative requires a 500 to 5000 USDT funding.
BG Wealth Sharing Conclusion
BG Wealth Sharing is one more “click on a button” app Ponzi scheme.
BG Wealth Sharing’s web site is stuffed with made-up advertising and marketing baloney, together with claims like DSJ Alternate being “the world’s largest hedge fund”:
BG Wealth Sharing’s precise funding scheme is a run-of-the-mill buying and selling alerts ruse:
Buying and selling alerts are fed to traders by DSJ Alternate, though it’s unclear whether or not this takes place by the app. Usually dodgy Telegram teams are used.
In its BG Wealth Sharing and DSJ Alternate fraud warning, the FCA cited the “@BG_Stephen” and “@Elena1992818” Telegram accounts.
Nonetheless alerts are offered, BG Wealth Sharing promoters take the offered alerts and feed them again into the DSJ Alternate Ponzi app. This requires “clicking buttons”, therefore the time period “click on a button” app Ponzi.
The standard arrange is the extra is invested the extra pretend buying and selling sign buttons must be clicked within the app.
On BG Wealth Sharing being registered with the SEC, if we check out BG Wealth Sharing LTD’s SEC registration we are able to see it isn’t registered:
BG Wealth Sharing has actually fraudulently claimed an exemption from SEC registration.
“Click on a button” app Ponzis like BG Wealth Sharing simply fulfill the Howey Check.
BG Wealth Sharing promoters make investments USDT (an funding of cash), into DSJ Alternate (a standard enterprise), on the promise of passive returns (an expectation of earnings), purportedly derived by buying and selling (derived by way of the efforts of others).
In brackets above are prongs of the Howey Check, which is used to determine whether or not an funding contract exists. Not surprisingly, BG Wealth Sharing’s funding scheme satisfies all prongs of the Howey Check.
Underneath the Securities and Alternate Act, BG Wealth Sharing is required to register its securities providing with the SEC. As an alternative of doing that, the scammers behind it have created a Colorado shell firm and registered as an “exempt reporting advisor”.
That is fraud in and of itself, however BG Wealth Sharing providing unregistered securities (unlawful in each nation with a regulated monetary market).
Along with being required to register with the SEC and periodically file audited monetary stories, BG Wealth Sharing producing income by way of buying and selling requires it to register with the CFTC (FINRA).
BG Wealth Sharing has a FINRA CRD but it surely has registered solely within the capability as an exempt reporting advisor with the SEC. This constitutes commodities fraud.
Regardless of claiming to have buying and selling alerts able to producing as much as 2.6% a day, for some cause BG Wealth Sharing and DSJ Alternate can’t execute trades on their very own. As an alternative they inexplicably go for the ruse of sharing buying and selling earnings with randoms over the web.
If that enterprise mannequin is mindless it’s as a result of it doesn’t. Why get randoms to click on a button in a dodgy app when you possibly can simply execute the trades your self?
In actuality clicking a button inside BG Wealth Sharing’s DSJ Alternate app does nothing. All BG Wealth Sharing does is recycle newly invested funds to pay earlier traders.
BG Wealth Sharing is a part of a bunch of “click on a button” app Ponzis which have emerged since late 2021.
Examples of already collapsed “click on a button” Ponzis utilizing the identical buying and selling alerts ruse embrace MTS Basis, QTCPCoin and Finopta.
Since 2021 BehindMLM has documented a whole lot of “click on a button” app Ponzis. Most of them final a number of weeks to a couple months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving nearly all of traders with a loss (inevitable Ponzi math).
Within the lead as much as a collapse, “click on a button” Ponzi traders additionally have a tendency to search out their accounts locked. This sometimes coincides with a withdrawal request.
As a part of a collapse, “click on a button” Ponzi scammers typically provoke restoration scams. This sees the scammers demand traders pay a price to entry funds and/or re allow withdrawals.
If any funds are made withdrawals stay disabled or the scammers stop communication.
Organized crime pursuits from China function rip-off factories behind “click on a button” Ponzis from south-east Asian nations.
In September 2024, the US Division of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese language human trafficking rip-off factories.
By way of numerous firms he owns, Phat is alleged to shelter Chinese language scammers working out of Cambodia.
Myanmar claims to have deported over 50,000 Chinese language rip-off manufacturing unit scammers since October 2023. With “click on a button” app scams persevering with to characteristic on BehindMLM although, it’s clearly not sufficient.
In late January 2025, Chinese language ministry representatives visited Thailand. The said intention of the go to was to deal with organized Chinese language crime gangs working from Myanmar.
In early February 2025, Thailand introduced it had lower energy, web entry and petrol provides to Chinese language rip-off factories working throughout its border with Myanmar.
As of February twentieth, Thai and Chinese language authorities declare ten thousand trafficked hostages had been free of Myanmar compounds.
Additionally on February twentieth, 5 Chinese language crime bosses have been nabbed in a wider raid of 4 hundred and fifty arrests within the Philippines.
On March nineteenth it was reported that, regardless of the latest raids and arrests, “as much as 100,000 individuals” are nonetheless working in Chinese language Myanmar rip-off factories.
As of April 2025 and in response to a crackdown throughout Asia, newly opened Chinese language rip-off factories have been reported in Nigeria, Angola and Brazil.
Myawaddy is an space in Myanmar alongside the Thai border. Myawaddy is below the management of the Karen Nationwide Military (KNA).
The KNA, led by warlord Chit Thu (proper) and sons Noticed Htoo Eh Moo and Noticed Chit Chit, defend and revenue from organized Chinese language criminals operating “click on a button” Ponzi rip-off factories.
On Could fifth the US imposed sanctions on Chit Thu (proper).
The Treasury mentioned the warlord, Noticed Chit Thu, is a central determine in a community of illicit and extremely profitable cyberscam operations focusing on Individuals.
The transfer places monetary sanctions on Noticed Chit Thu, the Karen Nationwide Military that he heads, and his two sons, Noticed Htoo Eh Moo and Noticed Chit Chit, the division mentioned in a press release, freezing any U.S. property they could maintain and usually barring Individuals from doing enterprise with them.
Britain and the European Union have already imposed sanctions on Noticed Chit Thu.
A Could twenty fifth report cites Myanmar and Loas as having “towering rip-off economies”. Cambodia nevertheless is reported to be a hotspot for Chinese language felony exercise.
Cambodia is probably going absolutely the world epicentre of next-gen transnational fraud in 2025 and is definitely the nation most primed for explosive development going ahead.
Cambodia is changing into the centre of an exploding world rip-off financial system pushed primarily by Chinese language organised crime.
Chinese language gangs are reported to function in Cambodia below the safety of unnamed native politicians.
In June 2025, Amnesty Worldwide claimed Cambodia’s authorities was
“intentionally ignoring” abuses by cybercrime gangs who’ve trafficked individuals from the world over, together with kids, into slavery at brutal rip-off compounds.
The London-based group mentioned in a report that it had recognized 53 rip-off centres and dozens extra suspected websites throughout the nation, together with the Southeast Asian nation’s capital, Phnom Penh.
The prison-like compounds have been ringed by excessive fences with razor wire, guarded by armed males and staffed by trafficking victims pressured to defraud individuals throughout the globe, it mentioned, with these inside subjected to punishments together with shocks from electrical batons, confinement in darkish rooms and beatings.
In July 2025 Cambodia arrested over 1000 cybercrime suspects. Twenty-seven of these arrested have been members of Chinese language felony gangs.
No matter which nation they function from, in the end the identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.
