Home Network Marketing Digital Revenue Overview: Quad-layer mega securities fraud

Digital Revenue Overview: Quad-layer mega securities fraud

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Digital Revenue Overview: Quad-layer mega securities fraud

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Digital Revenue supplies no data on its web site about who owns or runs the corporate.

Digital Revenue’s web site area (digitalprofit.io”) was privately registered on February tenth, 2021.

Previous to February Digital Revenue was utilizing one other now defunct web site area. I consider the corporate launched mid 2020.

My first inkling of dejavu was a advertising video on Digital Revenue’s web site, hosted on Past Wealth’s official Vimeo channel.

On Digital Revenue’s linked official Fb web page, I noticed a video with acquainted faces.

The 2 people within the video are Travis Bott (L) and Jeremy Reynolds (R), who I might later affirm as Digital Revenue’s co-founders.

Each Bott and Reynolds are based mostly out of Utah within the US. A Singapore company handle supplied on Digital Revenue’s web site, nevertheless it belongs to a “company providers” firm.

Digital Revenue is run out of and managed from inside the US. Any ties to Singapore are superficial.

Travis Bott first appeared on BehindMLM’s radar in mid 2017. We tied Bott to Divvee’s unlawful securities fraud providing, by way of Ryze AI.

Bott reemerged in late 2017 with Westmyn, a shell firm used commit securities fraud by way of Investview’s Wealth Turbines.

Investview was subpoenaed and subsequently fined $150,000 by the CFTC in 2018.

A 12 months later Travis Bott went solo with Onyx Life-style.

Jeremy Reynolds bought MXI Corp in 2017. He started funneling MXI Corp associates into Onyx Life-style in late 2019.

I’m penning this overview introduction looking back and, having accomplished my analysis into Digital Revenue, consider the transition from Onyx Life-style to Digital Revenue suits higher into the conclusion of the overview.

For those who’re simply after data on how Onyx Life-style turned Digital Revenue and what different firms are join, scroll down.

In any other case learn on for a full overview of Digital Revenue’s MLM alternative.

Digital Revenue’s Merchandise

Digital Revenue markets a spread of mashed collectively services.

All in all Digital Revenue has 5 choices:

  1. dietary dietary supplements, provided by way of BEpic;
  2. handbook buying and selling alerts;
  3. a passive crypto buying and selling funding scheme;
  4. a Filecoin funding scheme; and
  5. Wanderlust, a reduction journey portal.

BEpic dietary supplements

  • Regener8 – anti-aging and anti-inflammation chai tea, retails at $69.95 for a pouch of thirty single-serve sachets
  • B-Keto – ketosis complement, retails at $99.95 for a pouch of thirty single-serve sachets
  • NutriNRG – “pure power lemonade”, retails at $69.95 for a pouch of thirty single-serve sachets
  • Acceler8 – weight reduction capsules, retails at $69.95 for a field of 60 capsules
  • B-Slim – African mango weight reduction complement, retails at $59.95 for 2 tubes of 15 tablets every

Buying and selling Indicators

Digital Revenue provides buying and selling training and alerts by way of “Echo Buying and selling”.

By “Echo Broadcasting”, there’s additionally a passive returns part:

Echo Buying and selling memberships value between $49.95 and $179 a month.

Sigma AI

Digital Revenue provides a passive funding scheme by way of Sigma AI.

Sigma AI is a crypto buying and selling bot purportedly provided in partnership with EndoTech.

Entry to Sigma AI prices $99.95 a month for a “single technique”, or $129.95 a month for “all methods”.

FileCoin

Filecoin (FIL) is a cryptocurrency.

Digital Revenue runs a filecoin passive funding scheme by way of “Safe 1475”.

Participation in Safe 1475 is an preliminary $1595 funding.

Extra funding is tracked by way of “TB” positions:

  • FC-1 (one TB place) – $1395
  • FC-2 (two TB positions) – $2780
  • FC-3 (three TB positions) – $6800
  • FC-4 (4 TB positions) – $13,500

Digital Revenue are promoting a first-year annual returns of 45 FIL per TB place invested in.

Second-year returns are “as much as 50% greater than 12 months one”.

Wanderlust

Wanderlust is a reduction journey portal bundled with Digital Revenue affiliate membership.

Digital Revenue’s Compensation Plan

Digital Revenue’s compensation combines retail gross sales with residual binary commissions.

Matching Bonuses are paid direct and likewise by way of unilevel group generations.

Notice that Digital Revenue don’t present a duplicate of their compensation plan on their web site.

I’ve finished my greatest to place collectively what’s on the market however some minor figures are lacking (e.g. particular Black Diamond and better rank qualification standards).

Digital Revenue Affiliate Ranks

There are eleven affiliate ranks inside Digital Revenue’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  • Model Associate – preserve an lively month-to-month order, join as a Digital Revenue affiliate and recruit and preserve at the least one Model Associate
  • Certified Model Associate – spend $89.95 or extra a month and recruit and preserve two Model Companions (positioned one on either side of the binary group)
  • Silver – fulfill Certified Model Associate standards and generate and preserve 1000 GV or extra in weekly weaker binary group facet quantity
  • Gold – fulfill Certified Model Associate standards and generate and preserve 2500 GV or extra in weekly weaker binary group facet quantity
  • Platinum – fulfill Certified Model Associate standards and generate and preserve 5000 GV or extra in weekly weaker binary group facet quantity
  • Diamond – fulfill Certified Model Associate standards and generate and preserve 7500 GV or extra in weekly weaker binary group facet quantity
  • Blue Diamond – fulfill Certified Model Associate standards and generate and preserve 15,000 GV or extra in weekly weaker binary group facet quantity
  • Double Blue Diamond – fulfill Certified Model Associate standards and generate and preserve 25,000 GV or extra in weekly weaker binary group facet quantity
  • Black Diamond – fulfill Certified Model Associate standards and generate and preserve an undisclosed GV quantity or extra in weekly weaker binary group facet quantity
  • Double Black Diamond – fulfill Certified Model Associate standards and generate and preserve an undisclosed GV quantity or extra in weekly weaker binary group facet quantity
  • Inexperienced Diamond – fulfill Certified Model Associate standards and generate and preserve an undisclosed GV quantity or extra in weekly weaker binary group facet quantity

GV stands for “Group Quantity” and is gross sales quantity generated by an affiliate and their downline.

Retail Commissions

Digital Revenue associates earn 50% of gross sales quantity generated by retail buyer gross sales.

Recruitment Commissions

Digital Revenue associates earn 50% of gross sales quantity generated every personally recruited affiliate’s first buy.

Residual Commissions

Digital Revenue pays residual commissions by way of a binary compensation construction.

A binary compensation construction locations an affiliate on the prime of a binary group, cut up into two sides (left and proper):

The primary stage of the binary group homes two positions. The second stage of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).

Subsequent ranges of the binary group are generated as required, with every new stage housing twice as many positions because the earlier stage.

Positions within the binary group are crammed by way of direct and oblique recruitment of associates. Notice there is no such thing as a restrict to how deep a binary group can develop.

On the finish of every week Digital Revenue tallies up new gross sales quantity on either side of the binary group.

Associates are paid as much as 20% of quantity generated on their weaker binary facet, capped at $20,000 every week.

  • Certified Model Companions earn a ten% residual fee charge
  • Silvers earn a 12% residual fee charge
  • Golds earn a 15% residual fee charge
  • Platinums earn an 18% residual fee charge
  • Diamonds and better earn the total 20% residual fee charge

Matching Bonus

Digital Revenue pays a 20% Matching Bonus on residual commissions earned by personally recruited associates.

Generational Bonus

Digital Revenue pays a Generational Bonus to Gold and better ranked associates.

The Generational Bonus is paid by way of a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned straight below them (stage 1):

If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel group.

If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.

The Generational Bonus pays a ten% match on residual commissions paid to Gold or greater ranked associates inside the unilevel group.

A Digital Revenue can earn the Generational Bonus on as much as 4 Gold or greater ranked associates per unilevel group leg.

  • Golds earn the Generational Bonus on as much as two Gold or greater ranked associates per unilevel group leg
  • Platinums earn the Generational Bonus on as much as three Gold or greater ranked associates per unilevel group leg
  • Diamonds earn the Generational Bonus on as much as 4 Gold or greater ranked associates per unilevel group leg

Month-to-month Life-style Bonus

Digital Revenue associates spending $89.95 a month or extra can qualify for the Month-to-month Life-style Bonus.

The Month-to-month Life-style Bonus is a recruitment bonus:

  • recruit two associates who additionally recruit two associates every and obtain $200 a month
  • recruit three associates who additionally recruit three associates every and obtain $300 a month
  • recruit 4 associates who additionally recruit 4 associates every and obtain $500 a month
  • recruit 5 associates who additionally recruit 5 associates every and obtain $700 a month

Notice that recruited associates should even be spending $89.95 a month or extra.

Rank Achievement Bonus

Digital Revenue rewards associates who rank at Blue Diamond and better with the next Rank Achievement Bonuses:

  • qualify at Blue Diamond and obtain $10,000
  • qualify at Double Blue Diamond and obtain $20,000
  • qualify at Black Diamond and obtain $40,000
  • qualify at Double Black Diamond and obtain $75,000
  • qualify at Inexperienced Diamond and obtain $150,000

International Bonus Pool

Digital Revenue take 2% of company-wide income and place it into the International Bonus Pool.

The International Bonus Pool is paid weekly to Diamond and better ranked associates.

Becoming a member of Digital Revenue

Digital Revenue affiliate membership is obtainable at three price-points:

  • Plastic – $159.95 after which $99 yearly
  • Black Stainless Metal – $799.95 after which $199 a month
  • 24K Gold Plated – $1499.95 after which $299 a month

The extra a Digital Revenue spends on affiliate membership the upper their allowed “change account”.

Wanderlust portal journey reductions additionally enhance.

Conclusion

Digital Revenue is without doubt one of the extra complicated MLM Ponzi schemes I’ve come throughout recently, owing primarily to its a number of layers.

  1. Onyx Life-style;
  2. Past Wealth;
  3. BEpic; and
  4. Endotech

Onyx Life-style was a crypto buying and selling bot Ponzi scheme Travis Bott began again in 2019. In the direction of the tip of 2019, the Dunamis International Tech Ponzi scheme was merged.

Onyx Life-style collapsed in mid 2020. If the advertising is to be believed, Onyx Life-style ran up sufferer losses operating into the tens of hundreds of thousands – probably greater:

Nicely Past is the results of Jeremy Reynolds buying MXI Corp in 2017.

BehindMLM reviewed Nicely Past in early 2020. Beneath the branding “Past Wealth”, we found Nicely Past associates had been being funneled into Onyx Life-style.

Sooner or later Travis Bott and Jeremy Reynolds made it official as co-founders of Digital Revenue.

In that sense Digital Revenue is basically a reboot of Onyx Life-style, with no matter is/was left of Past Wealth merged in.

Whereas Onyx Life-style was a easy Ponzi scheme, Digital Revenue makes an attempt to masks fraud with copious quantities of pseudo-compliance.

To that finish you will have buying and selling alerts and BEpic dietary merchandise added.

Realistically no one in Digital Revenue is in it for these choices. The concept although is to make it appear to be Digital Revenue has retail gross sales.

In a single Digital Revenue advertising presentation, International VP of Gross sales Nick D’Amico (proper) states:

We now have a twenty-four month monitor file exhibiting confirmed positive aspects with these instruments.

In a possible violation of the FTC Act (misleading advertising), this data just isn’t supplied to potential clients or associates.

BEpic is an attention-grabbing thread to observe. BehindMLM first reviewed BEpic in October 2016, and once more in Could 2018.

The corporate was initially headed up by Eric Caprese, though he appears to have disappeared by our second overview.

Curiously, regardless of seemingly being wolfed up by Digital Revenue, BEpic nonetheless has its web site up.

Naturally, BEpic’s web site is devoid of firm administration and possession particulars.

There’s nevertheless a hyperlink to BEpic’s official YouTube channel. There I a current video of curiosity.

“BEPIC – #EpicActsOfKindess” was uploaded on December twenty third, 2020.

Right here’s the video description:

Dan Putnam and Angel Rodriguez journey to Downtown Salt Lake Metropolis, UT to provide some primary requirements to these in want this winter!

It appears Caprese was a fall man. Dan Putnam and Angel Rodriguez had been operating BEpic all alongside.

That is important to notice as a result of in June 2020 the SEC sued Putnam and Rodriguez for securities fraud.

The pair stand accused of bilking traders out of at the least $12 million by way of varied cryptocurrency Ponzi schemes.

By Jean Paul Ramirez, additionally a defendant within the SEC’s lawsuit, Onyx Life-style was tied to 2 Ponzi schemes run by Putnam.

BEpic pseudo-compliance added to Digital Revenue is barely a current addition. A BusinessForHome puff piece particulars an April 2021 “strategic alliance”.

9 months after the SEC’s lawsuit was filed, right here we’ve got Putnam and Rodriguez attaching BEpic to a different Ponzi scheme.

Onyx Life-style’s Ponzi ruse was its LQD8 Block scheme. See our Onyx Life-style overview for particulars.

In Digital Revenue that’s been switched out for Sigma AI, a buying and selling bot supplied by EndoTech.

EndoTech is a fraud manufacturing unit. It’s at the moment tied to Daisy AI (crypto Ponzi) and Investview’s iGenius scheme.

Digital Revenue’s fastened returns filecoin funding scheme can be a securities providing.

Securities fraud is a typical theme right here and by providing a passive funding scheme by way of Sigma AI, Digital Revenue additionally engages in securities fraud.

Travis Bott’s and Jeremy Reynold’s monitor data converse for themselves.

The one individuals who have gotten wealthy in Bott’s and Reynold’s fraudulent funding schemes are themselves and some early traders.

As beforehand said, cumulative losses are believed to run into the tens of hundreds of thousands at this level.

Mixed losses throughout all of Digital Income layers and linked firms might properly run into the a whole lot of hundreds of thousands.

Between Travis Bott and Jeremy Reynolds, Bott is extra on the middle of this mess.

The SEC have already made inroads in the direction of Travis Bott by going after Dan Putnam. Nailing Bott given his lengthy affiliation with securities fraud isn’t notably troublesome.

Whether or not it occurs or not I can’t say however it’s definitely lengthy overdue.



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