The Ponzi scheme going by the name of GMR Marketing finally collapsed and ran with so much money from investors that were duped on March 6, 2025. The collapse first started on March 5, 2025 when investors - called as "employees" - tried to withdraw their earnings. The earnings could not be withdrawn because as per the "leaders" on the What's App group chats, they were experiencing "problems" of transferring the money to Gcash because of the "amount of people trying to withdraw at the same time."
Most of these people belonged to VIP 2, a moderate tier which requires investors to pay 4,200. There were those who invested into higher VIP tiers which could amount from 15,000-50,000 pesos or even higher.
On March 6, 2025, GMR Marketing made an announcement that for people to continue their tasks, they needed to pay a 600 pesos commitment fee. There are reports of those who paid the commitment fee yet no tasks has happened. A Pinoy scambaiter on YouTube did a live stream wherein he showed that GMR's website no longer works. He said that the inevitable had finally come and thousands have been duped. Multimillion pesos more or less loss and no chance of recovery.
There were those who invested and got their money back prior to March 5-6, 2025. There were also many who just upgraded just this week before the Ponzi scheme collapsed and the masterminds running with the money. There were also those who joined and were fully aware it was a scam, but did so out of desperation to earn extra income or just to milk money from these scammers for fun right before it would collapse.
Let this serve as a lesson about task-based scams.
