On its website, SunSolar omits to provide corporate ownership or leadership details.
The domain name “sun solar. one” for SunSolar’s website was privately registered on April 20, 2022.
It is noteworthy that in August 2022, SimilarWeb recorded over 4 million visitors to the SunSolar website:
These visitors mostly come from Nigeria (75% of them). The only other substantial source of SunSolar traffic (23%) is the neighboring country of Benin.
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 SunSolar
SunSolar doesn’t provide any goods or services for retail.
SunSolar affiliate membership is the only thing that affiliates may promote.
The Salary Structure of SunSolar
Affiliates of SunSolar make investments in Nigerian Naira with the promise of hourly returns:
Cheetah HC 60M: Put in $4,000 and get $11.5 per hour
Cheetah HC 72M: Put in 10,000 and get 12.3 back every hour.
Tiger Bifacial: Put down 30,000 and get 36.8 back each hour
Tiger Monofacial: Spend $90,000 and get $17 per hour
Spend $200,000 and get $285 per hour with the Tiger Pro 72HC Bifacial.
Spend 500,000 and get 772 per hour with the Tiger Pro 72HC Monofacial.
Tiger Neo 60HC: Put in $800,000 to earn $1350 per hour
The SunSolar investment has nothing to do with solar equipment, despite the titles of the investment levels, which are solar equipment.
Keep in mind that SunSolar charges 20% for every withdrawal.
The SunSolar MLM division compensates for the acquisition of affiliate investors.
Down three tiers of recruiting, SunSolar provides referral fees on invested naira (unilevel):
Level 1 (affiliates that I recruited): 5% Level 2: 2% Level 3: 1%
For each associate, they bring on board who invests, SunSolar affiliates get paid $30.
Affiliates of SunSolar who fulfill the following requirements for hiring are given a bonus:
Win $200 for signing up for one affiliate. Sign up three affiliates to receive $600.
If you sign up 10 affiliates, you’ll get $2000; if you sign up 50 affiliates, you’ll get $15,000; if you sign up 100 affiliates, you’ll get $30,000; if you sign up 200 affiliates, you’ll get $80,000; if you sign up 500 affiliates, you’ll get $200,000; if you sign up 1000 affiliates, you’ll get $500,000; if you sign up 2000 affiliates,
gain 5000 affiliates, and you’ll get $5,000,000.
It costs nothing to become a SunSolar affiliate member.
A financial investment in Nigerian naira is necessary for full participation in the associated earning opportunity.
Through OnePay, SunSolar invites investors to invest in naira.
Another “click a button” software Ponzi scam is SunSolar.
Regular “click a button” Ponzis are different from SunSolar for two key reasons:
First, SunSolar now has a “sunsloar” app on the Google Play Store instead of a direct download option:
The Ponzi app from SunSolar has been downloaded over 50,000 times according to data from Google Play Store.
The solar-themed ruse comes in second. This is the first time I’ve seen a “click a button” Ponzi with a solar theme.
The trick of SunSolar is that producing solar electricity results in an hourly profit.
To qualify for profits, I think affiliate investors must “click a button” every hour.
All of these scam applications employ the same “click a button” business model.
Nothing is bought when a button is pressed. The only thing SunSolar is doing is moving freshly invested money around to compensate old investors.
A collection of “click a button” app Ponzis have appeared since late 2021, and SunSolar is one of them.
Along with SunSolar, BehindMLM has so far identified 39 “click a button” software Ponzi schemes. Before crumbling, the majority of them endure a few weeks to a few months.
The “click a button” app Ponzi scourge is thought to be the work of the same set of Chinese con artists.