Kosmoh Review – Ponzi Scheme – MLM Scam
Website & Company Information
The domain was registered in December 2019 and the owner of the website has kept his/her/their details private.
Looking at the website, it looks like a great WordPress theme that has been filled by a ‘noob’ with as many grammatical errors and typos.
We will talk about the errors later but lets first talk about where the company is situated. The company claims its incorporation in Wyoming, US, however, this is unlikely to be the case.
Below is the picture of their fake office:
Team
Well if a company is using fake pictures to represent their office then it is highly likely that they are using fake pictures to represent their team.
And guess what? We are correct!
After a brief internet search, we found that Mr Tyler Weah representing the position, Global Master — Affiliates is a fictitious character. The person in the picture is a model who sells GIGs in Fiverr. The model has worked for other MLMs too, like FX Farms.
Also, the guy making Youtube videos for the company also appears to be a Fiverr actor.
READ THIS THREAD FOR MORE PROOFS OF THE COMPANY MANIPULATING PICTURES USING PHOTOSHOP.
Now the question is if the company is not transparent and has dozen of lies and manipulative data present on its website then do you really think it deserves your money?
Kosmoh’s Products
Kosmoh has no products or services. The company has only its affiliate membership plan focused to pump users into the system.
Compensation Plan
The affiliates/users can start by having a minimum investment of $300 and start getting a daily return of 0.3% to 0.7%. The highest investment plan is worth $50,000.
- Starter — $300
- Trader — $500
- Pro-Trader — $1200
- Explorer — $3000
- Pro-Explorer — $7000
- Advance — $15,000
- Mentor — $50,000
Once an investor has accrued 400% return, he/she may apply for reinvestment in order to be eligible for continuous earning. The process goes on in repeat mode.
Note: All commissions to affiliates are paid in Kosmoh tokens.
Residual Commissions
The company also pays residual commission via a uni-level compensation structure. If you have been reading our blog then it is needless to say that most of the PONZI MLMs use this compensation structure. A uni-level compensation structure places an affiliate at the top of a uni-level team, with every personally recruited affiliate placed directly under them. This company caps payable unilevel team levels at twenty.
Affiliate Bonus
The company claims:
Earn 50% as an affiliate bonus, from each & every direct referral who top-up their account with affiliate membership pack of $50 for lifetime.
Conclusion
The company markets its affiliate products by claiming that it generates external revenue via crypto trading powered by AI.
Now for every company that claims that it has an AI system that trades for the company and constantly makes a profit, we have a question for them. Who do you even need money then?
These companies should be able to make a profit and reinvest it in their system and again make a big amount right? Wrong! They just need your money.
The company has created an illusion that you are getting something, in this case, ‘Tokens’, in return of your Bitcoin and Ethereum. These tokens are worthless because it is not backed by anything, nor products neither any services.
As the company claims that you can use these tokens in the company’s existing offerings like, Dating, Gaming and Gambling apps, we tried that too and we found those claims are also bogus.
The company has just created a nice landing page for all these offerings. The button on the these doesn’t direct anywhere.
We rest our case by saying that you know what happens to this closed-system MLMs. When new affiliates stop coming in with their money, the whole system collapse and only company’s executives benefit from this!