Adora Investment Review  – Ponzi Scheme  –  MLM Scam

Website & Company Information

The web domain of the company was privately registered on the 14th of January 2020 and was later updated on 2020–02–08. The website does not provide any information about who owns or runs the company. We couldn’t find any information about the team behind the company. 

Despite not existing before 2020, the website claims it was founded “on 14th of January, 2015.”

According to the site, the company is based out of as ADORA PTY. LTD. But the address provided on the registration certification and the address provided on the site does not math with each other. 

It is very clear that the company is using another company’s certificate as its own. This strategy is used by Ponzi MLMs where they find legit companies and then open an MLM with the same name and uses the certification of the original company to appear legitimate. 

As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.

Adora Investment’s Products

The company has no retailable products or services, with affiliates only able to market the affiliate membership itself.

This is a matter of concern because if an MLM is operating with any retail option then is business is deemed illegal in many jurisdictions such as the U.S and Canada. 

Adora Investment’s Compensation Plan

The affiliates of the company invest funds on the promise of an advertised 115% ROI after 6 days.

All the investments are made via Bitcoin and these investments range from $100 to $100,000.

The company also has a three-level affiliate program that is used to pay referral commissions to its affiliates. Only a 10% commission paid on the first level (direct recruit) is disclosed.

Joining Adora Investment

Joining Adora Investment affiliate membership is free. However, full participation in the attached income opportunity requires a minimum investment of $100, paid via Bitcoin. 

Conclusion

The company claims of generating external revenue via “assets management, cryptocurrency investment (and) bitcoin mining”. But we could find any substantial evidence that would help the company to back its claims. There is no evidence of Adora Investment participating in any of these activities.

Adora Investment’s business model also fails the Ponzi logic test. If the owners of the company are able to generate a consistent 2% ROI a day, then why do they need your money?

As we write, the only valid and verifiable source of income going into the company is the new investment and using these funds to honour existing withdrawal requests makes it a Pyramid Scheme. 

Once affiliate recruitment slows down so too will new investment.