Vitru World operates within the cryptocurrency MLM area of interest. The corporate doesn’t present a company handle on its web site.
Vitru World’s web site area (“vitruglobal.com”), was privately registered on March twenty seventh, 2023.
Vitru World represents it’s headed by co-founder Ravinder Singh and CEO Frank Tornatore.
No verifiable details about both government is offered.
Vitru World affiliate internet marketing suggests Singh is from India and Germany, and Tornatore is from Spain.
I wasn’t capable of independently confirm this info, which is a crimson flag.
My first although was that Singh and Tornatore is perhaps Boris CEOs. I used to be nevertheless capable of confirm they’re being represented by actual individuals:
The above is from an April 2022 Vitru World Zoom webinar. It seems to be the one Vitru World footage that includes the pair obtainable.
On FaceBook Tornatore pitches himself as “Authorized counsel focus on inheritance Advertising and marketing (and) Specialist on-line and Blockchain”.
Images over the previous couple of years counsel Tornatore has, on the very least, attended varied blockchain bro occasions.
The very first thing you see on Ravinder Singh’s FaceBook web page is a pinned put up selling the Solmax World Ponzi scheme.
Solmax World was a Ponzi scheme that primarily focused Pakistan and neighboring nations.
Solmax World collapsed in October 2021. A reboot was introduced however by no means went anyplace.
Singh was nonetheless selling crypto Ponzis proper up till Vitru World was arrange in late March 2023.
Finex Prime seems to have collapsed simply earlier than Vitru World launched.
Learn on for a full overview of Vitru World’s MLM alternative.
Vitru World’s Merchandise
Vitru World has no retailable services or products.
Associates are solely capable of market Vitru World affiliate membership itself.
Vitru World affiliate membership supplies entry to “Vitru Academy buying and selling programs”:
Vitru World’s Compensation Plan
Vitru World associates make investments USD equivalents in cryptocurrency.
That is completed on the promise of marketed every day weekday returns:
- Starter – make investments $50 to $2500 and obtain 0.5% to 1% a day, capped at 400%
- Advance – make investments $2501 to $10,000 and obtain 0.6% to 1.5% a day, capped at 450%
- Enterprise – make investments $10,001 to $25,000 and obtain 0.8% to 1.75% a day, capped at 500%
- Premium – make investments $25,001 to $50,000 and obtain 0.9% to 2% a day, capped at 550%
The MLM aspect of Vitru World pays on recruitment of affiliate buyers.
Vitru World Affiliate Ranks
There are eight affiliate ranks inside Vitru World’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Jade – generate $1500 in downline funding
- Sapphire – generate $4000 in downline funding
- Ruby – generate $10,000 in downline funding
- Emerald – generate $25,000 in downline funding
- Diamond – generate $50,000 in downline funding
- Blue Diamond – generate $100,000 in downline funding
- Black Diamond – generate $200,000 in downline funding
- Crown Diamond – generate $400,000 in downline funding
Referral Commissions
Vitru World pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned straight underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Vitru World caps payable unilevel staff ranges at ten.
Referral commissions are paid as a share of cryptocurrency invested throughout these ten ranges primarily based on how a lot a Vitru World affiliate has invested:
- Starter – 8% on degree 1 (personally recruited associates), 5% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
- Advance – 9% on degree 1, 6% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
- Enterprise – 10% on degree 1, 7% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
- Premium – 12% on degree 1, 9% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
Notice that unlocking residual commissions on ranges 5 and on seems to be tied to recruitment.
E.g. recruit 5 associates to unlock degree 5 of the unilevel staff. Recruit six associates to unlock degree 6 and so forth.
Advance Bonus
If a Vitru World affiliate recruits 5 associates who make investments the identical or extra as they invested inside 5 days of signing up, they obtain a 15% bonus on the quantity they invested.
Matured Bonus
If a Vitru World affiliate recruits ten associates who make investments the identical or extra as they invested inside 10 days of signing up, they obtain a 25% bonus on the quantity they invested
Tremendous Bonus
If a Vitru World affiliate recruits fifteen associates who make investments the identical or extra as they invested inside 15 days of signing up, they obtain a 50% bonus on the quantity they invested
Rank Achievement Bonus
Vitru World rewards associates who qualify at Jade and better with the next one-time Rank Achievement Bonuses:
- qualify at Jade and obtain a “$350 cellular”
- qualify at Sapphire and obtain a “$750 laptop computer”
- qualify at Ruby and obtain a “$2000 watch”
- qualify at Emerald and obtain a “$7000 automobile”
- qualify at Diamond and obtain a “$12,000 automobile”
- qualify at Blue Diamond and obtain a “$20,000 automobile”
- qualify at Black Diamond and obtain a “$30,000 automobile”
- qualify at Crown Diamond and obtain a “$75,000 automobile”
Founders Membership
Vitru World rewards the primary ten individuals from every nation who make investments $25,000 or extra with a share in 2% of month-to-month company-wide funding.
Becoming a member of Vitru World
Vitru World affiliate membership is free.
Full participation within the hooked up revenue alternative requires an preliminary $50 to $50,000 funding.
Vitru World solicits funding in varied cryptocurrencies.
Vitru World Conclusion
Vitru World represents it already has substantial property and generates exterior income by way of buying and selling.
Vitru World are [sic] worldwide holdings firm that owns a number of companies, particularly in Monetary Markets, expertise & Actual Property.
It owns enterprise facilities throughout the globe, particularly within the Center East.
We’re a staff of extremely certified monetary analysts, asset managers, shares and crypto merchants, reuiniting our abilities to conceptualize and develop revolutionary and worthwhile options for 100% risk-free buying and selling.
The fact is Vitru World is run by a pair of middle-aged crypto bros, one in every of whom has a verifiable historical past of serial promotion of Ponzi schemes.
On that word, neither Frank Tornatore or Ravinder Singh strike me as having arrange Vitru World. I may very well be incorrect however I believe they’re working with undisclosed accomplices.
On the regulatory entrance, Vitru World pitches passive returns…
…which constitutes a securities providing.
Vitru World supplies no proof it has registered its securities providing with monetary regulators.
This consists of Nigeria and South Africa, which look like focused primarily based on Vitru World’s latest promos:
Vitru World not registering its securities providing equates to securities fraud. It additionally means Vitru World’s exterior income claims can’t be verified (no matter whether or not they make sense or not).
Because it stands, the one verifiable income coming into Vitru World is new funding.
Utilizing new funding to pay buyers a every day return makes Vitru World a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Vitru World of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.
