AffluentFX Community fails to offer possession or govt info on its web site.
AffluentFX Community’s web site area (“affluentfx.community”), was privately registered on March fifteenth, 2023.
On April sixth, a number of weeks after AffluentFX Community’s web site area was registered, a advertising video was uploaded to a YouTube channel bearing the identify “Prosperous FX”:
I don’t have a reputation to go along with the face however the person internet hosting the webinar as “AffluentFX” has an African accent.
When demoing how to enroll, AffluentFX Community’s web site defaults to South Africa.
This strongly suggests whoever is working AffluentFX Community is predicated out of Africa.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
AffluentFX Community’s Merchandise
AffluentFX has no retailable services or products.
Associates are solely in a position to market AffluentFX affiliate membership itself.
AffluentFX Community’s Compensation Plan
AffluentFX Community associates make investments USD equivalents in cryptocurrency.
That is finished on the promise of marketed returns:
- Silver – make investments $50 to $800 and obtain 2% a day, capped at 400% after 300 days
- Gold – make investments $900 to $20,000 and obtain 2.3% a day, capped at 460% after 300 days
The MLM facet of AffluentFX Community pays on recruitment of affiliate buyers.
Referral Commissions
AffluentFX Community associates earn a ten% fee on cryptocurrency invested by personally recruited associates.
Residual Commissions
AffluentFX Community pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high 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 through direct and oblique recruitment of associates. Word there isn’t any restrict to how deep a binary group can develop.
On the finish of every day AffluentFX Community tallies up new funding quantity on either side of the binary group.
Associates are paid 10% of recent funding on their weaker binary group facet.
As soon as paid out on, quantity is matched towards the stronger binary group facet and flushed. Any leftover quantity on the stronger binary group facet carries over.
AFN Rewards
AffluentFX Community rewards associates as they attain particular earnings milestones:
- earn $3000 and obtain a $460 petrol voucher
- earn $10,000 and obtain an iPhone ($1800)
- earn $30,000 and obtain $6000
- earn $80,000 and obtain $19,200
- earn $170,000 and obtain a automobile ($34,000)
- earn $350,000 and obtain a home ($135,000)
Becoming a member of AffluentFX Community
AffluentFX Community affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $50 funding.
AffluentFX Community solicits invesment in varied cryptocurrencies.
AffluentFX Community Conclusion
AffluentFX Community represents it generates exterior income through foreign currency trading. These advertising claims fail the Ponzi logic check.
AFN focuses on buying and selling foreign exchange and binary choices, via an AI Bot, and a group of skilled merchants.
The group of skilled merchants have greater than 8 years expertise within the overseas trade market.
Our Merchants are Consultants within the Foreign exchange and binary buying and selling, who’ve been privately coping with Hedge Funds, buying and selling for firms and companies.
They then determined to Open AffluentFX Community which can enable the general public to speculate and profit from their Work, via ROI and a community advertising construction.
So AffluentFX Community’s merchants have been buying and selling for eight years, are in a position to generate 2% a day on a constant foundation… and are out right here on an affordable template web site providing you entry free of charge?
Riiiiiighhhhh……t.
Being a passive funding alternative tied to foreign exchange, AffluentFX Community is required to register with monetary regulators. It supplies no proof it has.
Which means that at a minimal, AffluentFX Community is committing commodities and securities fraud.
Because it stands the one verifiable income getting into AffluentFX Community is new funding.
Recycling newly invested funds to pay current investor withdrawals would make AffluentFX Community a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve AffluentFX Community of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of individuals lose cash.
