Late in 2021, Ride2Success—also known as “R2SInternational”—began operations.
On November 14, 2021, the domain name “r2sinternational.com” for the company’s website was registered.
Ride2Success is led by Ariel Sunga (right).
Sunga is based in Manila, Philippines, according to his Facebook profile.
It appears that Sunga has a track record of operating Ponzi schemes:
A passive ROI of between 270 and 400 percent is claimed for Team Boss Manager. Sunga has been a member of the Team Boss Manager since 2016.
Late in 2021, Team Boss Manager appeared to have fallen apart. As a result, it would serve as Ride2Success’ forerunner.
The Philippine SEC warned Ride2Success and Ariel Sunga of securities fraud on January 13.
This seems to have affected how the plan operated. The majority of the website for Ride2Success was unavailable at the time of publishing.
The MLM opportunity offered by Ride2Success is fully reviewed here.
Products from Ride2Success
No retailable goods or services are offered by Ride2Success.
Only the Ride2Success affiliate membership itself may be promoted by affiliates.
The compensation plan of Ride2Success
Affiliates of Ride2Success put in $40–$40,000 in exchange for a daily ROI of 6%.
After 60 days, Ride2Success returns are capped at 360 percent.
This has some busy work activities attached to it, such as clicking advertising and playing pointless games, but these have nothing to do with the MLM opportunity offered by Ride2Success.
A 300 percent bonus ROI is given if invested funds are rolled over for an extra 16 days to retain money in Ride2Success for as long as feasible.
The Ride2Success MLM division compensates for the acquisition of affiliates who make investments.
Three tiers of recruiting are paid down in commissions (unilevel):
level 1 (affiliates individually recruited) – 11%
Level 2: 2 percent; Level 3: 1 percent
It costs nothing to become a Ride2Success affiliate member.
The connected income possibility demands a $40–$40,000 initial commitment to be fully used.
A straightforward Ponzi scam is Ride2Success. You invest, earn monopoly money returns in your back office, and when it’s time to withdraw, you cross your fingers that there will still be money available for you to embezzle.
Despite the SEC’s caution, Ariel Sunga is still in charge of the official Ride2Success Facebook group as of the time of publishing
The organization, which has 1900 members as of right now, was founded on December 19. The majority of these most likely came from Team Boss Manager.
Sunga appears to have drawn criticism in the Philippines due to his status as a confirmed serial Ponzi fraudster.
Sunga doesn’t like being exposed as a con artist:
As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.
As a result, Ride2Success will eventually collapse due to a lack of ROI income.
The mathematics behind Ponzi schemes ensures that when they fail, the majority of investors lose money.
The SEC may pursue further action against Sunga given that he is on their radar.
In the Philippines, spreading the word about Ride2Success faces the danger of facing legal action. This carries a maximum term of 21 years in jail and/or a fine of 5 million PHP (about USD 97,790).