Merchant money trap
As another reviewer mentioned this is a well constructed scam for those who open a store and expect to run a business for profit. Full of pitfalls and traps where they keep making you add more funds and when you try to withdraw your profits you'll find out they just want more money. In about a month my store made 23k profit with investment around 30k. Total revenue I could withdraw was close to 60k including profit and investment. I had large bulk orders at 4k, 8k, 12k, 28k, etc and if you don't invest more to fill these orders in 2days you'll be in violation and they'll seize everything. After investing enough to fill each order a week later the funds would return with the profits. I did successfully take a 1k and 4k withdrawal so it seemed promising. When I was about to take my investment back a month later they told me I had to pay taxes because I exceeded 10k in profits. A tax breakdown for CA business owner was given and $5300 was due. Also each withdrawal takes 10% service fee upfront. I was aware of that and paid it on my first small withdrawals and as sketchy as it seems they did succeed. So paying taxes seems unavoidable so at least I wouldn't have to worry about it come tax time. Before I paid the taxes I decided to see if this commerce and customer orders were even real. I signed up as a customer with another email address and made an order from my own store. To my surprise the order showed up on my store and even showed my correct details. Ok so I waited to see if it would come and to my surprise a few days later someone drop shipped it from their Amazon account, my body wash was delivered. I paid the taxes and a 1k service fee to get a 10k withdrawal. My store had reached a level A with the amount of money invested. My 10k withdrawal never came and when I asked they told me the maximum I could request with store level A was $9999 so I went over by $1 and they said the only way I can get this to process is to upgrade to Level S and that takes another 20k. I said no way I have that to invest and please cancel my withdrawal or change it to $9999. They said nope it has already been processed with my 1k service fee applied and they can't change it. Also no other withdrawals are possible until this is completed. Total trap and why they wouldn't tell me I exceeded my maximum withdrawal amount when I requested it? Because they want you to fall into their money trap and know you will. If I would of known the withdrawal limits and just taken 5k withdrawals maybe I would of succeeded to get more out. At this point my store is still operating but I can never touch a dime until I invest 20k, hell no! They did say I can request to close the store and pay a 10% security deposit of my total revenue and after a week when all the orders are processed they will refund my security deposit and withdraw all my funds to my external wallet. That would mean handing them another 6k up front in hopes I'll get it back. Better than 20k but more than I have to lose so I'm doing nothing because I feel like they'll never give my money back no matter what promise they make and how much more I hand them. I looked for reviews like this before I invested and didn't find any. Now I see one and adding my own. If you are considered doing this don't do it. If you are already sucked into it beware and only take small withdrawals and get as much out as you can before you fall into the trap you can't get out of. Each store level has a max withdrawal limit. Ask it. If I ever get an extra 6k to gamble away I may try to close the store and see if anything comes back to me. But I feel like it's just throwing more money away so I have no plan to try this right now. I feel like reporting it to the authorities but likely everything is done over seas and out of their jurisdiction. I'll probably report it anyway. Also if you are doing this and want to avoid large bulk orders that demand more investment to purchase them just change your listed items for sale to cheap cosmetics and baby stuff. It helps to mitigate the demand to invest more. Apparently the prices are good enough for the consumers that want to wholesale goods for their own businesses. As for reviews from people who are purchasing items I wouldn't be surprised there are problems. I can confirm there is real commerce going on but it's likely shady at best. There were many red flags on my journey with Fanno that I should of payed attention too. My browsers warned me of malicious site stay away and even my antivirus software didn't want me to visit Fanno. Friends and family also warned me this is likely a scam. I initially wanted to try it with only about 5k invested and see what happens. That would of been ok to lose but the demand to keep investing and the high profit yield makes you keep wanting to grow which requires more investment. Lesson learned, trust your gut and what's too good to be true usually isn't real and you'll regret it.