How do you identify centipede farming scams? Remember these five steps

Half of the companies running centipede farming scams claim in their promotional materials that investors only need to buy breeding stock and need almost no other investment. But in fact, investors' spending on breeding stock is about 2-3 times higher than under normal circumstances, meaning the technology companies are earning hefty breeding-stock fees. At the same time, when raising centipedes you must build a proper feeding environment, otherwise the centipedes can easily crawl out and injure people. This follow-up investment is considerable, amounting to 2-5 times the investor's initial investment. Not all regions are suitable for raising centipedes; relatively speaking, the southern regions are more suitable for raising centipedes. Although centipedes have some medicinal value, the amount used in the production of traditional Chinese medicine is limited, and the current market supply is already sufficient, so investors should be cautious about entering the centipede farming field.

Centipede farming scams

Steps/methods

1. Centipedes can only reproduce once a year. Some farms say centipedes can reproduce several times a year; that is all fake. Centipedes reproduce around the start of summer. Each time they can reproduce about 50 young. This is the physiological habit of centipedes.

2. Centipedes must be raised in a three-dimensional setup, and the centipede pond must be built to suit the centipedes' survival. About 50 centipedes can be raised per square meter. At most, no more than 100.

3. Some farms say they have been raising centipedes for many years; you can check whether their breeding ponds are newly built. Generally, 99% of centipede farms today aim to sell breeding stock.

4. Centipede farming scams exaggerate income, deliberately lower the difficulty and cost of farming, and some even sign buyback contracts to buy back the product, and so on. These are all deceptive tricks, nothing more than catering to the appetite of those who want to get rich fast, make money without risk, and easily make big money with a small investment, and they especially resort to false advertising. Charging study fees and seedling fees is their real purpose, while whether the franchisee customers can succeed and whether the methods and approaches are reasonable is not within the centipede farming scammers' consideration. Once they have swindled a certain amount of money, or after half a year to a year, they shut down and disappear; this is the usual tactic of this kind of farming recruitment scammer.

5. Investors must find those genuine farms and inspect them on site. And these farms will not rent office space in big cities to recruit franchisees. For centipede farming scammers, their breeding base is the office, and the office is the teaching site. Only places like that can be considered; those in Wuhan, Beijing, Guangzhou that rent office space and recruit franchisees under the banner of XX Academy of Agricultural Sciences, XX Research Institute, XX Bioengineering Company are 90% scam companies.

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