Clever Know-how Pioneer Company, or ITP Corp, fails to supply possession or government info on their web site.
ITP Corp’s web site area (“itpro.prime”), was first registered in 2018. The non-public registration was final up to date on Might twenty sixth, 2023.
Pinning down when ITP Corp launched is tough.
ITP Corp’s YouTube account was created in 2018. Movies on the channel nonetheless are solely backdated to November 2022.
This matches ITP Corp’s Telegram channel. The channel was created in 2018 however has been wiped courting again to November 2022.
From this was can surmise the present iteration of ITP Professional launched in November 2022.
On its web site ITP Corp claims it “was established in Seattle, USA in 2013”.
In an try and assist that declare, ITP Corp supplies a shell firm certificates for ITP Company.
ITP Corp was purportedly included in Washington on November 18th, 2022.
Because of the ease with which scammers are in a position to incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence shell incorporation in any jurisdiction is meaningless.
As to who’s operating ITP Corp, if we take a look at ITP Professional’s web site source-code we discover Chinese language:
This strongly suggests whoever is operating ITP Corp has ties to China. Usually this implies they’re working out of Asia (mainland China, Hong Kong or Singapore).
As at all times, if an MLM firm shouldn’t be overtly upfront about who’s operating or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
ITP Corp’s Merchandise
ITP Corp has no retailable services or products.
Associates are solely in a position to market ITP Corp affiliate membership itself.
ITP Corp’s Compensation Plan
ITP Corp associates make investments funds on the promise of marketed returns.
- LV1 – make investments $100 to $500 and obtain 2.5% a day
- LV2 (should recruit 5 associates) – make investments $600 to $2000 and obtain 2.8% a day
- LV3 (should recruit 20 associates) – make investments $2000 to $5000 and obtain 3.1% a day
- LV4 (should recruit 45 associates) – make investments $5000 to $49,999 and obtain 3.3% a day
- LV5 (should recruit 90 associates) – make investments $50,000 to $200,000 and obtain 3.6% a day
- LV6 (should recruit 150 associates) – make investments $250,000 to $500,000 and obtain 4% a day
Recruited associates should have invested to rely in the direction of the above standards.
Word that ITP Corp’s costs withdrawal charges primarily based on how a lot an affiliate has invested:
- LV1 and LV2 tier associates pay a 7% withdrawal payment
- LV3 and LV4 tier associates pay a 6% withdrawal payment
- LV5 and LV6 tier associates pay a 5% withdrawal payment
The MLM facet of ITP Corp pays on recruitment of affiliate buyers.
ITP Corp pays referral commissions on each day returns paid out down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 12%
- degree 2 – 4%
- degree 3 – 2%
Becoming a member of ITP Professional
ITP Professional affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $100 funding.
ITP Professional Conclusion
ITP Professional represents it generates income by way of damaged English nonsense;
Since its institution, ITP Company has repeatedly elevated the share within the world cryptocurrency funding of market, always refreshing the perfect ends in historical past, and creating enterprise miracles one after one other.
With the mature utility of worldwide 4G expertise and the arrival of 5G expertise, it has accelerated the promotion and protection of blockchain expertise and cryptocurrency funding wave on a worldwide scale.
It’s seemingly that is AI generated waffle.
In any occasion, ITP Professional’s enterprise mannequin fails the Ponzi logic check.
If ITP Professional was in a position to legitimately generate 4% a day, what do they want your cash for?
On the regulatory entrance, ITP Professional’s passive funding alternative constitutes a securities providing.
If we ignore ITP Professional is being run by Chinese language scammers, being primarily based out of the US requires ITP Professional to register with the SEC.
A search of the SEC’s Edgar database reveals ITP Professional shouldn’t be registered with the SEC.
Why would ITP Professional commit securities fraud and choose to function illegally?
As a result of they’re operating a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve ITP Professional of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.
