Plumtroid Review  –  Ponzi Scheme  –  MLM Scam

Website & Company Information

The web domain of the company was privately registered on the 15th of February 2020. The website does not provide any information about the owner or the team behind the company.

Plagiarised Content

We ran a plagiarism check on the website, and we have found that some content on the website is copied.

Take a look at this site https://www.centuryinvestmentglobal.com/about

and compare it with https://www.plumtroid.com/about | You will understand what we are saying.

Whenever we spot plagiarised content, in most cases it is because both the websites are being run by the same owners.

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.

Plumtroid’s Products

The company has no retail option to speak of. They are only offering their affiliate membership program.

Plumtroid’s Compensation Plan

The company requires its affiliates to invest a minimum of $200 or more on the representation of passive returns.

Referral Commissions

All the commissions are paid on funds invested down two levels of recruitment:

The company provides no specifics.

Joining Plumtroid

Joining Plumtroid affiliate membership is free. However, full participation in the attached income opportunity requires one to invest a minimum of $1000.

All the ROIs are paid in Bitcoin.

Conclusion

Things get fishy when they officially claim that they

‘are the marketing arm of Mark’s Trading business and That group negotiated an amazing deal with Mark to get access to his trading services for as little as $1000 initial investment & to also setup a referral system to pay out commissions when people share Plumtroid with others. Plumtroid maintains the back office software and investment tracking systems but does not directly handle the money invested. All funds are paid directly to & from Mark.’

Plumtroid doesn’t explain who the hell is Mark. Also, the quoted $1000 initial investment conflicts with the $200 initial investment, as we discussed earlier in the compensation plan.

As we all know, the only verifiable source of income going into the company is the new investment.

This is simple maths:

You invest money into the program and then pitch others the same plan. Your income directly depends upon the number of recruits you do and the volume of the investment your affiliates do.

And just like all other MLM Ponzi, when the funds stop coming in, the payouts will end, and it will trigger a system collapse.

Securities Fraud

They are soliciting Passive investment schemes without getting registered with financial regulators of the same jurisdiction simple means that the company is committing securities fraud and the regulators can crack down the owners of the business any day!

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