Beware of Crowd1Finance – Review

On its website, Crowd1Finance, which should not be confused with the Ponzi scam with the shorter name Crowd1 Ponzi scheme, does not indicate who owns or manages the business.

The domain name “crowd1finance.com” for Crowd1Finance’s website was privately registered on June 14, 2021.

Crowd1Finance fraudulently asserts that it was “established in 2016” even though it has been around for less than a year.

Crowd1Finance asserts that it is “a legal investment firm formed in the United Kingdom” to seem credible.

For that purpose, the business posts information about its UK incorporation on its website, along with a fake certificate.

Even though Crowd1Finance’s claims about its UK incorporation are false, UK incorporation is incredibly inexpensive and essentially uncontrolled.

Additionally, the FCA, the UK’s leading financial regulator, does not actively combat securities fraud associated with MLM.

As a result, scammers seeking to establish, run and publicize fictitious businesses frequently choose the UK as their preferred country.

Incorporation in the UK or registration with the FCA has no significance for MLM due diligence.

English and Russian are the languages that are available on the Crowd1Finance website.

This implies that whoever is in charge of the business has connections to eastern Europe.

Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.

Products from Crowd1Finance

No retailable goods or services are offered by Crowd1Finance.

Only the Crowd1Finance affiliate membership itself may be promoted by affiliates.

Plan of Compensation for Crowd1Finance

Affiliates of Crowd1Finance make investments based on the prospect of advertised profits.

Standard Pack: Make an investment of $200 to $5,000 and get 40% interest daily for 14 days.

Bronze Pack: Make an investment of $5001 to $10,000 and get 50% per day for 20 days.

Silver Pack: Invest $10,000 and $50,000 to get 60% every day for 25 days.

Golden Pack: If you spend $50,001 or more, you’ll get 70% every day for 30 days.

Investment in bitcoin, litecoin, Ethereum, bitcoin cash, and Cash App is sought by Crowd1Finance.

Advisory Commissions

On money invested, Crowd1Finance provides referral commissions down two levels of hiring (unilevel):

level 1 (affiliates individually recruited) – 10%

5 percent at level 2.

Taking part in Crowd1Finance

The Crowd1Finance affiliate program is free to join.

The linked income opportunity requires a minimum commitment of $50 to be fully participated in.

Crowd1Finance invites investments in USD and cryptocurrencies.

Crowd1Finance Summary

Crowd1Finance demonstrates how FX trading generates external money.

All of the funds are managed by our team of financial specialists.

The Ponzi logic test shows that Crowd1Finance’s business model is flawed when taken at face value.

Anyone who can earn a daily ROI of 70% won’t provide you access for less than $50.

Any balance rapidly becomes a foolish amount when compounded at a rate of 70% each day.

Of course, Crowd1Finance doesn’t engage in actual trading, so you won’t discover any such proof.

New investments are the only verifiable source of income entering Crowd1Finance.

Crowd1Finance is a Ponzi scam since it pays daily profits of up to 70% using new money.

As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.

Due to the lack of ROI income, Crowd1Finance will eventually fail.

The mathematics behind Ponzi schemes ensures that when they fail, the majority of investors lose money.

Related Posts

Leave a Reply

Your email address will not be published.