Home Network Marketing Lending ruse Dubai MLM crypto Ponzi

Lending ruse Dubai MLM crypto Ponzi

0
Lending ruse Dubai MLM crypto Ponzi

[ad_1]

Passivo (aka Passive Hub), operates within the cryptocurrency MLM area of interest.

Passivo is understood to function from two major web site domains:

  1. passivo.com – personal registration final up to date on February 2nd, 2023
  2. passivohub.com – privately registered on July seventh, 2023

Heading up Passivo is CEO Jan Lubberding.

I wasn’t in a position to put collectively an MLM historical past on Lubberding. It is a potential purple flag.

A particular purple flag is Lubberding showing to be a German crypto bro hiding out in Dubai:

As an alternative of acknowledging it’s being run from Dubai, Passivo supplies shell firm particulars for Passivo Ltd. on its web site.

Passivo Ltd. is purportedly registered in Seychelles, a recognized tax-haven with no lively MLM securities associated regulation.

As a result of proliferation of scams and failure to implement securities fraud regulation, BehindMLM ranks Dubai because the MLM crime capital of the world.

BehindMLM’s pointers for Dubai are:

  1. If somebody lives in Dubai and approaches you about an MLM alternative, they’re making an attempt to rip-off you.
  2. If an MLM firm relies out of or represents it has ties to Dubai, it’s a rip-off.

If you wish to know particularly how this is applicable to Passivo, learn on for a full evaluation.

Passivo’s Merchandise

Passivo has no retailable services or products.

Associates are solely in a position to market Passivo affiliate membership itself.

Passivo’s Compensation Plan

Passivo associates make investments $100 or extra on the promise of a a weekly passive ROI.

  • make investments $100 to $49,999 and obtain 0.8% every week
  • make investments $50,000 or extra and obtain 1% every week

Notice that whereas Passivo solicits funding in USD and cryptocurrency, withdrawals are solely paid in tether (USDT).

For reference: $1 USD = 1 USDT.

The MLM facet of Passivo pays on recruitment of affiliate buyers.

Passivo Affiliate Ranks

There are twelve affiliate ranks inside Passivo’s compensation plan.

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

  1. Rank 1 – enroll as a Passivo affiliate and persuade others to speculate $2000
  2. Rank 2 – persuade others to speculate $5000
  3. Rank 3 – persuade others to speculate $25,000
  4. Rank 4 – persuade others to speculate $50,000
  5. Rank 5 – persuade others to speculate $125,000
  6. Rank 6 – persuade others to speculate $250,000
  7. Rank 7 – persuade others to speculate $500,000
  8. Rank 8 – persuade others to speculate $1,250,000
  9. Rank 9 – persuade others to speculate $2,500,000
  10. Rank 10 – persuade others to speculate $5,000,000
  11. Rank 11 – persuade others to speculate $12,500,000
  12. Rank 12 – persuade others to speculate $25,000,000

Notice that not more than 40% of required downline funding quantity is counted from anyone recruitment leg.

Referral Commissions

Passivo pays referral commissions on funds invested by personally recruited associates:

  • recruit 1 to three associates and obtain 0.2% every week on their invested funds
  • recruit 4 to 7 associates and obtain 0.4% every week on their invested funds
  • recruit 8 to 9 associates and obtain 0.6% every week on their invested funds
  • make investments 10 or extra associates and obtain 0.8% every week on their invested funds

Notice that recruited associates should have invested with a view to rely.

Residual Commissions

Passivo pays a residual fee on complete downline funding:

  • recruit 2 to 4 associates and obtain 0.04% every week on complete downline funding
  • recruit 5 to 9 associates and obtain 0.08% every week on complete downline funding
  • recruit 10 to 19 associates and obtain 0.12% every week on complete downline funding
  • recruit 20 or extra associates and obtain 0.16% every week on complete downline funding

Pool Bonus

Passivo takes an undisclosed proportion of company-wide funding and locations it into eight bonus swimming pools.

Associates qualify for a share within the swimming pools by investing and convincing others to speculate:

  • Pool 1 – make investments $3000 or make investments $1000 and persuade others to speculate $1000
  • Pool 2 – make investments $15,000 or make investments $5000 and persuade others to speculate $5000 (should recruit 3 associates)
  • Pool 3 – make investments $30,000 or make investments $7500 and persuade others to speculate $15,000 (should recruit 5 associates)
  • Pool 4 – make investments $60,000 or make investments $10,000 and persuade others to speculate $35,000 (should recruit 8 associates)
  • Pool 5 – make investments $170,000 or make investments $20,000 and persuade others to speculate $95,000 (should recruit 10 associates)
  • Pool 6 – make investments $350,000 or make investments $50,000 and persuade others to speculate $180,000 (should recruit 13 associates)
  • Pool 7 – make investments $900,000 or make investments $100,000 and persuade others to speculate $500,000 (should recruit 15 associates)
  • Pool 8 – make investments $1,800,000 or make investments $250,000 and persuade others to speculate $1,000,000 (should recruit 20 associates)

Passivo’s advertising materials omits how often the Pool Bonus is paid out.

International Chief Pool

Passivo takes 0.01% of company-wide funding and locations it into the International Chief Pool.

To qualify for a share within the International Chief Pool, a Passivo affiliate have to be incomes $3000 a day in residual commissions.

Passivo’s advertising materials omits how often the International Chief Pool is paid out.

Rank Achievement Bonus

Passivo rewards associates for qualifying at Rank 2 and better with the next one-time Rank Achievement Bonuses:

  • qualify at Rank 2 and obtain $50
  • qualify at Rank 3 and obtain $250
  • qualify at Rank 4 and obtain $500
  • qualify at Rank 5 and obtain 1250
  • qualify at Rank 6 and obtain $2500
  • qualify at Rank 7 and obtain $5000
  • qualify at Rank 8 and obtain $12,500
  • qualify at Rank 9 and obtain 25,000
  • qualify at Rank 10 and obtain 50,000
  • qualify at Rank 11 and obtain $125,000
  • qualify at Rank 12 and obtain $250,000

Becoming a member of Passivo

Passivo affiliate membership is free.

Full participation within the connected earnings alternative requires a minimal $100 funding.

Passivo solicits funding in USD and varied cryptocurrencies.

Passivo Conclusion

Passivo represents it generates exterior income by way of “liquidity offering” and “buying and selling alternatives”.

Liquidity Offering: By offering capital to merchants on exchanges, you earn a hard and fast rate of interest, and a portion of the capital is allotted to buying and selling alternatives in high crypto tasks, and startups.

Naturally Passivo fails to supply proof invested funds are in truth supplied to “merchants on exchanges”, or that it’s engaged in “buying and selling alternatives”.

On the regulatory entrance, as per the Howey Check Passivo’s passive weekly returns constitutes a securities providing.

Passivo moreover fails to supply proof it has registered its securities providing with monetary regulators in any jurisdiction.

Which means that, at a minimal, Passivo is committing securities fraud. Securities fraud and Ponzi schemes go hand-in-hand.

One different oddity to notice is the looks of Camhirst 3DCP in one among Passivo’s advertising movies:

Camhirst 3DCP is a non-MLM crypto Ponzi scheme:

Ahmed is one other crypto bro hiding out in Dubai. Like Jan Lubberding being the plain fall-guy for Passivo, Ahmed performs the identical function in Camhirst.

It’s doable the identical group of scammers are behind each firms.

Because it stands, the one verifiable income coming into Passivo is new funding.

Utilizing new funding to pay affiliate withdrawals would make Passivo a Ponzi scheme.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

It will starve Passivo of ROI income, finally prompting a collapse.

The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.



[ad_2]

Supply hyperlink