Northway Investments fails to supply verifiable possession or government info on its web site.
What seems to be random names are introduced as Northway Funding’s Board of Administrators:
Northway Investments’ web site area (“northwayinvestmentsltd.com”), was privately registered on July twenty fourth, 2022.
By means of the Wayback Machine, we are able to verify that Northway Investments’ web site went dwell on or round October 2022.
Regardless of solely present for a number of months at greatest, Northway Investments falsely claims it “was based on seventeenth December 1992”.
Northway Investments has a personal FaceBook group, which seems to be a hijacked/stolen present group.
I’m basing this on the group being created in 2021, whereas Northway Investments’ two dummy profiles have been solely created in September and October 2022.
Group admins additionally look like hijacked FaceBook accounts, seemingly populated with stolen content material.
Once more, I’m basing this on artificially inserted timeline posts referencing Northway Investments earlier than it existed:
Appreciable effort has gone into modifying 4 hijacked FaceBook profiles to seem official at a look.
In step with made-up executives and hijacked social media accounts, the 2 advertising movies Northway Investments have put out function inventory footage with a robo voiceover.
In additional makes an attempt to seem official, Northway Investments gives a company deal with in Canada on its web site.
The deal with doesn’t exist.
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Northway Investments’ Merchandise
Northway Investments has no retailable services or products.
Associates are solely in a position to market Northway Investments affiliate membership itself.
Northway Investments’ Compensation Plan
Northway Investments associates make investments tether (USDT). That is accomplished on the promise of a passive return:
- Quotidian – make investments 100 to 49,999 USDT and obtain 1.% a day for twelve months
- Ensign – make investments 500 to 49,999 USDT and obtain 8.05% a day for 60 days
- Crypto Punks – make investments 50,000 to 499,999 USDT and obtain 10% a day for 36 days
- Sports activities Tokens – make investments 100,000 to 499,999,999 USDT and obtain 15% a day for 40 days
- NFT Mint – make investments 200,000 to 10,000,000 USDT and obtain 17% a day for 26 days
Northway Investments pays referral commissions on invested funds down two ranges of recruitment (unilevel).
Referral fee charges are decided by which tier a Northway Investments affiliate has invested at:
- make investments on the Quotidian tier and obtain 12% on stage 1 (personally recruited associates) and three% on stage 2
- make investments on the Ensign and CryptoPunks tiers and obtain 15% on stage 1 and 5% on stage 2
- make investments on the Sports activities Token and NFT Mint tiers and obtain 20% on stage 1 and 5% on stage 2
There’s additionally point out of “mint rewards” and “shares”. These look like awarded along with the first passive returns paid out.
Northway Investments fails to supply any particular info.
Becoming a member of Northway Investments
Northway Investments affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal 100 USDT funding.
Northway Investments Conclusion
Past naming their funding schemes to characterize NFT initiatives, Northway Investments doesn’t even have something to do with NFTs.
Supplied as non-verifiable sources of exterior income, are the standard suspects:
- “CDF Buying and selling” (speculated to be CFD buying and selling)
- cryptocurrency funding NFTs
- actual property
- blockchain know-how
- inventory & shares
- creating NFTs
- each day dwell commerce
The whole lot on Northway Investments’ web site being bogus apart, no proof of Northway Investments being engaged in any of those actions is offered.
There’s additionally the laughable declare that Northway Investments is sitting on $15 billion:
Riiiiiiiiigh…….t
The Webby Awards and EY Entrepreneur of the Yr claims are additionally simply verified as false.
The explanation Northway Investments tries so onerous to wow shoppers with false claims, is as a result of all they’re doing is recycling newly invested funds to repay present traders.
It’s your traditional MLM crypto Ponzi.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Northway Investments of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of members lose cash.
