Mga Itinagong Maling Activities ng SEATAOO upang Mapaniwala ang mga Tao
Mahirap man paniwalaan ngunit narito ang mga ginagawang mali ng SEATAOO na itinago nila upang magmukhang makatotohanan at totoo. Nagpanggap ang NEW SEATAOO CORPORTATION sa likod ng isang E-Commerce Platform na pinapatakbo sa gamit ang Dropshipping Business Model.
Ginamit ang pagbabagong hatid ng Teknolohiya upang mapaniwala ang marami na sila ay sumamasabay sa mga pagbabagong ito. Tinawag na ang konseptong ginagamit ng SEATAOO ay to revolutionizing the Dropshipping.
Ang Mali ay Mali at marami pa ang magkakaroon ng problema kung hindi ito putulin. Katulad na lamang ng mga lumalaganap na illegal POGO. Kung hindi ito matitigil ay unti-unting lulubog ang bansa sa kumunoy ng kahirapang hatid ng mga illegal activities na katulad nito.
Mahirap man tanggapin at isipin ngunit ekonomiya ng isang bansa ang babagsak kung mas marami at kung mas tatagal pa ang ganitong illegal activities.
Narito ang ilan sa mga activities na ginagawa at itinago ng SEATAOO upang linlangin at lokohin ang maraming mga kababayan natin.
The Twisted Activities of New Seataoo Corporation
New Seataoo Corporation engaged in several illegal activities but attempted to twist the truth by portraying their operations as legitimate. They created a façade of legality to disguise the underlying scheme. Here are a few ways in which they twisted the truth:
Ponzi-like Activities
It seems that Seataoo’s operations were disguising illegal activities by making it appear that sellers were earning from processing customer orders. However, the real scheme resembled a Ponzi-like structure, where the root sellers profited from the efforts of other sellers underneath them. The more affiliates a seller recruited, the higher their commission percentage became, incentivizing the recruitment of more sellers rather than actual product sales. These affiliates were then encouraged to process increasing numbers of orders, often requiring them to spend money in the process, thus fueling the cycle.
The partners program highlighted this Ponzi-like scheme, as it focused on encouraging more and more people to join under the guise of earning commissions, but the system only benefited those at the top, while others were left processing orders and spending money with minimal returns. The commission structure, dependent on the number of sellers under one’s name, clearly aligns with the characteristics of a Ponzi scheme, where profits come from recruiting others rather than actual business activities – “See Annex A – Partnership Program – Partnership Policy Matters”
The 3% Affiliate Commission
Seataoo’s operations further masked their illegal activities by twisting the narrative around the commissions paid to sellers. Every time an affiliate processed an order, the root seller received a 3% commission. Seataoo tried to portray this commission as a “reward” for introducing new entrepreneurs to the business, rather than revealing that the system took advantage of those at the bottom.
They insisted that this 3% commission was not deducted directly from the affiliate’s earnings but was presented as a form of appreciation or incentive for growing the network. This misrepresentation was designed to hide the exploitative nature of the scheme, where real profits were not from legitimate product sales but from the constant influx of new affiliates and the money they spent processing orders. Seataoo shifted the focus away from the commission being an extraction from affiliates and tried to position it as a benefit, manipulating the perception of their business model.
In reality, the business’s structure was dependent on a continuous cycle of recruitment and affiliate spending, characteristic of a Ponzi-like scheme, while trying to downplay the negative impact on those processing the orders.
The Dropshipping Concept of Seataoo
Seataoo’s approach to dropshipping was fundamentally deceptive, distorting the legitimate concept of dropshipping to mask their unethical operations. In a traditional, legal dropshipping model, entrepreneurs or sellers create a store on a platform and market products they do not physically own. They select products from various suppliers, and when a customer makes a purchase, the supplier handles the packaging and delivery. Once the buyer receives the product, the entrepreneur earns a commission, without needing to handle the products directly or incur upfront costs.
However, Seataoo manipulated this process by forcing entrepreneurs to pay for the orders themselves, which is a significant departure from the legal dropshipping model. This practice placed financial burden on the entrepreneurs, making them invest money in advance rather than waiting to receive their commission after the buyer’s order was completed. Essentially, Seataoo’s system shifted the risk and cost to the entrepreneurs, while positioning itself to profit regardless of whether the products were sold or delivered.
This requirement for entrepreneurs to pay for orders, along with the misleading portrayal of the process as legitimate dropshipping, highlights a critical flaw and potential illegality in Seataoo’s business model. It transformed what should have been a low-risk business opportunity into a scheme where entrepreneurs had to outlay money upfront, exposing them to losses and making Seataoo’s operations highly questionable.
Soliciting Money
Seataoo’s strategy to solicit more money from sellers was concealed behind policies designed to appear as operational requirements. By imposing a high processing rate of 55% on the 15th and the end of each month, sellers were pressured to maintain a specific fulfillment rate. If a seller’s processing rate fell below this threshold, Seataoo would impose penalties in the form of deductions.
To avoid these deductions and penalties, sellers like you were essentially forced to add more money to your wallet balance and process increasing numbers of orders, regardless of demand. This created a continuous cycle where sellers had to invest more funds into the platform to meet the arbitrary processing rate, all while Seataoo profited from these constant transactions. This deceptive tactic compelled sellers to spend more to protect their earnings, masking the true financial burden being imposed on them.
Seataoo E-Commerce was built on false premise
Seataoo’s e-commerce platform was built on a false premise, misleading sellers into believing it was a genuine and thriving marketplace. No legitimate e-commerce platform allows individual sellers to receive an unusually high volume of orders—ranging from 25 to nearly 100 orders per day—especially when those sellers are just starting or operating under normal circumstances. This exaggerated influx of orders was a tactic designed to force sellers to continually invest more money into processing these so-called orders.
By creating this illusion of high demand, Seataoo pushed sellers to add more funds to their accounts to meet the volume of orders, which in turn boosted Seataoo’s profits. This manipulated environment fostered a cycle where sellers were compelled to spend more and more, making the platform’s structure unsustainable and dishonest. This approach not only misrepresented the platform as a successful e-commerce site but also entrapped sellers in a system that took advantage of their trust and investment.
Seataoo E-Commerce Order Status
Seataoo’s e-commerce platform was also deceitful because it lacked the essential transparency and detailed order tracking that legitimate e-commerce platforms provide. Most platforms offer real-time status updates, informing sellers and buyers when an order is prepared, packed, handed over to logistics, and even when it reaches a sorting facility. This ensures clear communication and accountability throughout the process.
However, Seataoo’s platform only provided vague and minimal status updates: “confirm,” “on the way,” and “delivered.” This lack of transparency made it impossible for sellers to monitor the progress of their orders accurately, further contributing to the platform’s misleading practices. Without these crucial updates, sellers were left in the dark about the true status of their transactions, reinforcing the deceitful nature of the platform.
Seataoo Products prices.
Seataoo’s products on the platform were also a significant red flag, as many of them appeared unreasonable and unexplainable in terms of pricing, availability, or legitimacy. In a typical e-commerce platform, product listings are backed by clear descriptions, realistic pricing, and authentic sources, giving both sellers and buyers confidence in the marketplace.
However, Seataoo’s product offerings likely included suspiciously priced items, questionable availability, or inconsistencies in product information. This created an environment where sellers had no real control or understanding of the products they were supposedly promoting or processing. The lack of transparency regarding the source and nature of these products further contributed to the platform’s deceitful structure, making it clear that Seataoo’s product offerings were part of an overall fraudulent operation
Seataoo Logistics and Feedback from the Customers
Another red flag in Seataoo’s operations was the lack of transparency and accountability in logistics, delivery, and customs restrictions. Each country typically has its own regulations for shipping items, including customs duties, prohibited items, and delivery timelines. Seataoo’s claim that buyers were from all over the world, without addressing these complexities, was highly deceptive. It is unrealistic to operate globally without facing issues like returned products, customer complaints, or delays due to customs.
Moreover, Seataoo’s platform conspicuously lacked buyer feedback, product ratings, or any form of customer satisfaction tracking, such as a counter for how many products had been sold. In legitimate e-commerce platforms, customer reviews, ratings, and sales counters are essential for ensuring product quality and transparency. The absence of these features further suggests that Seataoo was hiding crucial information, making it even harder for sellers to trust the platform’s operations.
Seataoo Ambassadors/ endorsers
To create the illusion of legitimacy, Seataoo strategically hired well-known endorsers, including personalities such as Chinkee Tan, MJ Lopes, celebrities like Ethel Booba and Sanya Lopez, as well as professionals like Dr. Kiliminaguro, and athletes like Scottie Thompson. By associating their platform with these public figures, Seataoo aimed to build trust and credibility among potential sellers and buyers.
This tactic, often used by fraudulent schemes, masked the platform’s underlying issues, as many people tend to associate celebrity endorsements with authenticity. However, despite these endorsements, Seataoo’s actual business practices remained questionable, further highlighting the deceptive nature of their operations.
Troubles with the Platform
Despite understanding the process, technical issues with the website persisted, though they were usually resolved quickly. However, the biggest shock came on June 10, 2024, when the Securities and Exchange Commission issued a Revocation Order against New Seataoo Corporation. The order cited the company for soliciting investments and running a Ponzi-like scheme, particularly linking the 3% commission to such activities.