CashWorth fails to supply possession or govt data on its web site.
CashWorth’s web site area (“cashworth.co”), was privately registered on July twenty fifth, 2022.
CashWorth’s official FaceBook web page was created on October 1st, 2022. This seems to be across the time CashWorth launched.
One identify we will connect to CashWorth is Grasp Distributor “Coach” Raja Riaz.
Riaz was a promoter of the B4U International, SR Group and Safe Reannex Ponzi schemes.
B4U International was a Ponzi scheme pitching month-to-month returns of as much as 20%.
Launched in 2020, B4U International seems to have collapsed round mid 2021.
Heading up B4U International was CEO Saifur Rehman Khan (proper).
Khan was arrested by Pakistani authorities after B4U International collapsed.
B4U International sufferer losses had been initially pegged at ~$46.7 million USD.
As of March 2022 Khan was in custody with a bail listening to pending. Pakistani authorities are squabbling over who must be main the case.
SR Group seems to be a short-lived reboot of B4U International. “SRG” stood for “Saif ur Rehman Group”.
Safe Reannex seems to be a clunky try to preserve the “SRG” initials branding going.
Round mid 2022, victims of each B4U and SR Group had been being funneled into Safe Reannex.
Safe Annex pitched a 350% to 700% ROI over 3 to five years.
Makes an attempt to go to Safe Annex’s web site as we speak reveal the Ponzi scheme has collapsed.
For all intents and functions, CashWorth seems to be yet one more reboot of the identical Ponzi scheme.
Additional supporting that is CashWorth’s official FaceBook web page being managed from Pakistan:
In an try to masks the place the rip-off is being run from, CashWorth falsely claims it’s “an funding firm based mostly within the US.”
Along with Pakistan, CashWorth additionally has ties to Dubai:
It appears Riaz Ahmed (and presumably different promoters) fled to Dubai after Safe Reannex collapsed.
Dubai is the MLM crime capital of the world. BehindMLM’s tips for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re attempting to rip-off you.
- 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 CashWorth, learn on for a full assessment.
CashWorth’s Merchandise
CashWorth has no retailable services or products.
Associates are solely capable of market CashWorth affiliate membership itself.
CashWorth’s Compensation Plan
CashWorth associates make investments cryptocurrency on the promise of marketed returns:
- Earth – make investments $50 to 1499 and obtain 7% to 9% a month
- Saturn – make investments $1500 to $4999 and obtain 8% to 10 % a month
- Neptune – make investments $5000 to $14,999 and obtain 8.5% to 10% a month
- Jupiter – make investments $15,000 to $49,999 and obtain 9% to 11% a month
- Mars – make investments $50,000 to $99,999 and obtain 9.5% to 12% a month
- Mercury – make investments $100,000 to $149,999 and obtain 10% to 13% a month
- Venus – make investments $150,000 or extra and obtain 12% to 14% a month
Observe that CashWorth fees a 5% payment on all withdrawals.
The MLM facet of CashWorth pays on recruitment of affiliate buyers.
Recruitment Commissions
CashWorth pays a $5 on each affiliate recruited.
Seeing as CashWorth affiliate membership is free, I imagine that is credit score which should be invested.
Referral Commissions
CashWorth pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, with each personally recruited affiliate positioned instantly underneath 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.
CashWorth caps referral commissions at seven unilevel group ranges.
Referral fee charges and what number of ranges they’re earned on, are decided by how a lot a CashWorth affiliate has invested:
- Earth tier associates earn 7% on stage 1 (personally recruited associates), 3% on stage 2, 2% on stage 3, 1% on stage 4 and 0.5% on stage 5
- Saturn tier associates earn 9% on stage 1, 5% on stage 2, 3% on stage 3 and 1% on ranges 4 to six
- Neptune tier associates earn 11% on stage 1, 7% on stage 2, 5% on stage 3, 3% on stage 4, 2% on stage 5 and 1% on ranges 6 and seven
- Jupiter tier associates earn 13% on stage 1, 7% on stage 2, 5% on stage 3, 3% on stage 4, 2% on stage 5 and 1% on ranges 6 and seven
- Mars tier associates earn 15% on stage 1, 9% on stage 2, 7% on stage 3, 5% on stage 4, 3% on stage 5, 2% on stage 6 and 1% on stage 7
- Mercury tier associates earn 17% on stage 1, 11% on stage 2, 9% on stage 3, 7% on stage 4, 5% on stage 5, 3% on stage 6 and a pair of% on stage 7
- Venus tier associates earn 20% on stage 1, 13% on stage 2, 11% on stage 3, 9% on stage 4, 7% on stage 5, 5% on stage 6 and three% on stage 7
Referral Bonus
If a CashWorth affiliate personally recruits 1000 associates and at the very least 500 of them have an lively funding, the affiliate obtain a 2% bonus on invested funds.
ROI Match
CashWorth pays a match on month-to-month returns paid to affiliate buyers.
The ROI Match is paid utilizing the identical unilevel group referral commissions are paid with (see “Referral Commissions” above):
- Earth tier associates earn a 3% match on stage 1, 2% on stage 2, 1% on stage 3 and 0.5% on ranges 4 and 5
- Saturn tier associates earn a 5% match on stage 1, 4% on stage 2, 3% on stage 3 and 1% on ranges 4 to six
- Neptune tier associates earn a 7% match on stage 1, 5% on stage 2, 3% on stage 3 and 1% on ranges 4 to 7
- Jupiter tier associates earn a 9% match on stage 1, 5% on stage 2, 3% on stage 3, 2% on stage 4 and 1% on ranges 4 to 7
- Mars tier associates earn an 11% match on stage 1, 9% on stage 2, 5% on stage 3, 3% on stage 4, 2% on stage 5 and 1% on ranges 6 and seven
- Mercury tier associates earn a 13% match on stage 1, 11% on stage 2, 7% on stage 3, 5% on stage 4, 3% on stage 5, 2% on stage 6 and 1% on stage 7
- Venus tier associates earn a 15% match on stage 1, 11% on stage 2, 9% on stage 3, 7% on stage 4, 5% on stage 5, 3% on stage 6 and a pair of% on stage 7
Becoming a member of CashWorth
CashWorth affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $50 funding.
CashWorth solicits funding in bitcoin, tether and ethereum.
CashWorth Conclusion
CashWorth represents it generates exterior income by way of NFTs.
Money price invests in NFT’s We’re engaged on NFT tasks. We generate revenue by investing 60% of the funding in NFT tasks. we distribute 90% revenue to our buyers.
Placing apart the NFT market has collapsed, CashWorth supplies no proof it’s concerned in NFT funding.
Moreover, CashWorth’s enterprise mannequin fails the Ponzi logic check.
CashWorth advertises a 15% month-to-month ROI. In the event that they’re already able to producing this by way of NFT funding, what do they want your cash for?
Because it stands the one verifiable supply of funding coming into CashWorth is new funding. Utilizing new funding to pay associates a month-to-month return makes CashWorth a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve CashWorth of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.
As an extra warning, CashWorth seems to be the fourth reboot of a thrice collapsed Ponzi scheme.
This implies there’s an excellent probability CashWorth is preloaded with SecureAnnex victims (most of which shall be victims from the 2 earlier Ponzis).
Safe Annex as a 3rd reboot Ponzi solely lasted a couple of months. Anticipate the identical or worse from CashWorth.
