When I first started writing about this company, I consistently encouraged people to approach Cheersway E-Commerce with caution. Their revenue model appears unsustainable and exhibits all the signs of a Ponzi scheme.

Recent information gathered from their team leaders’ group indicates that Cheersway plans to suspend accounts of users subscribed to the Oceania package, forcing them to upgrade to the Europe plan.

This decision contradicts their original terms. The Oceania package was marketed as a 365-day plan, allowing users to work and earn for a full year before renewing or choosing to upgrade. Users were assured they could either stick with the same package or move to a higher one after the year ended. Now, the company is backtracking, planning to suspend every account on the Oceania package regardless of how long the user has been active.

One of their representatives, Julia, reportedly stated, “These people are wasting Cheersway’s resources.” This statement is puzzling, considering the company itself created the package. In my view, this is a classic Ponzi scheme tactic aimed at preventing users from withdrawing funds. The goal is to push users into upgrading or reinvesting their earnings, ensuring that when the company eventually collapses, they walk away with significant funds while employees are left with nothing.

In one of their posts, Cheersway accused Oceania users of treating the platform like a bank and spending money recklessly. But this argument is absurd—if an employer pays a salary, why should they care how the employee spends it?

In conclusion, this recent move by Cheersway suggests that the company may be struggling to meet its financial obligations. Their system relies on a continuous influx of user investments. When people stop adding funds, the structure inevitably collapses. Even if all users upgrade to the Europe plan, this business model is unsustainable and destined to fail. Their endgame seems clear: maximize their profits at the expense of users’ financial well-being. A legitimate company would not be concerned about users withdrawing their rightful earnings.