Wombia’s web site makes no point out of who runs or owns the enterprise.
On July sixteenth, 2021, a personal registration was made for the area title “wombia.com” for use by Wombia. Wombia supplies a certificates of incorporation for Wombia Multinational Firm Restricted so as to seem authentic.
An MLM firm that claims to be primarily based in the UK is a purple flag. Low-cost and unregulated incorporation in the UK is a godsend for small companies. With the FCA (the UK’s prime monetary regulator) not actively imposing MLM-related securities fraud, it is even worse.
It’s due to this that the UK has turn into a well-liked location for scammers who wish to arrange and run fraudulent companies. For MLM due-diligence functions, incorporation in the UK or FCA registration is of no significance.
Wombia additionally supplies Wombia Built-in Sources LTD with a certificates of incorporation in Nigeria. Fundamental incorporation wherever is meaningless for the aim of due diligence. Wombia makes use of a robo-voice in its advertising and marketing movies. Non-native English audio system are inclined to run schemes like this. Do not be part of or hand over any cash to an MLM firm except they’re utterly clear about who owns and runs it.
Wombia’s items: Wombia does not have something to promote. Solely Wombia’s affiliate membership may be promoted by associates. Plan of Compensation for Wombia Associates of Wombia make cryptocurrency investments in change for the promise of the returns marketed:
Newbie’s funding ranges from $25 to $9,999, with a 1.5 p.c return over 150 days (a 225% return on funding). An investor can count on a 130-day return of two p.c (260 p.c ROI) in the event that they make investments between $10,000 and $24,999; nevertheless, they need to reinvest half of their authentic funding. You probably have $25,000 to $49,999 and are prepared to attend 120 days to see a return of 300%, this feature is for you. You probably have $50,000 or extra to take a position, you may get 3% a day for the subsequent 100 days (300 p.c ROI) A ten p.c payment is utilized to all withdrawals at Wombia. Within the MLM aspect of Wombia, affiliate buyers are paid commissions for recruiting new members.
Commissions for Referrals Wombia pays a fee of between 2% and 10% on cryptocurrency invested by associates who’ve been personally recruited. earn a 2% fee charge by bringing in fifty associates To earn a 5% referral bonus, you have to enroll 100 associates. to earn a ten p.c referral payment, you have to recruit 200 associates.
Recurring Funds Utilizing a binary compensation mannequin, Wombia pays out residual commissions. There are two sides (the left and proper) to each binary staff, and either side has its personal compensation construction. There are two positions on the binary staff’s first stage.
These first two positions are divided into one other two positions every to supply the binary staff’s second stage (4 positions). Every new stage of the binary staff has twice as many positions because the earlier stage, in order that the staff can develop at a gradual tempo. Members of the binary staff are recruited by way of each direct and oblique strategies.
Observe that there isn’t any restrict to the depth of a binary staff. Wombia retains observe of the brand new funding quantity on either side of the binary staff on the finish of every day. 10% of the funds generated on their weaker binary staff aspect, capped by the sum of money they’ve put in: Associates within the start-up tier are restricted to $2500 per day in residual commissions.
The every day residual fee cap for associates within the Dealer tier is $5000. Residual commissions for skilled associates are restricted to $7500 per day. The every day residual commissions for Evolution tier associates are restricted to a most of $10,000. Rank Accomplishment Rewards Associates of Wombia are rewarded with the next one-time bonuses: With a view to be eligible for the $1,000 bonus, brokers should generate $30,000 in funding quantity on either side of their binary groups.
To earn a $2000 bonus and a Rolex watch, you have to generate $60,000 in funding quantity on either side of the binary staff. With a view to obtain the $3000 bonus and “franchise advantages,” you have to generate $90,000 in funding quantity on either side of your binary staff. To earn a $4500 bonus and an Apple Watch and laptop computer, you have to generate $125,000 in funding quantity on either side of your binary staff.
With a view to earn a $6000 bonus and a “7-day 8-night European trip,” you have to generate $175,000 in funding quantity on either side of your binary staff. A $10,000 bonus, a “sports activities automotive,” and a $2500 month-to-month “fastened wage” are all a part of the deal if you attain rank six. Wombia Wombia affiliate membership is totally free. A minimal funding of $25 is required to take part within the hooked up earnings alternative.
Wombia is a cryptocurrency funding platform that accepts a variety of cryptocurrencies as fee. Wombia’s Verdict A typical MLM crypto Ponzi advertising and marketing ruse is obtainable up by Wombia: In the case of investing, Wombia’s staff takes benefit of cryptocurrency’s excessive volatility to generate excessive yields for our clients’ accounts.
There isn’t a proof that the corporate generates income exterior of the corporate. The Ponzi logic take a look at additionally exhibits that Wombia doesn’t move. The query is, why does Wombia want your cash in the event that they have already got a profitable staff? In the interim, new funding is the one identified income stream getting into Wombia.
Wombia is a Ponzi scheme as a result of it makes use of new investments to pay affiliate withdrawals. The recruitment of recent buyers will dry up, because it does in all Ponzi schemes. Wombia shall be disadvantaged of ROI income because of this, and the corporate will finally come to an finish.
Ponzi schemes are mathematically assured to trigger nearly all of buyers to lose cash within the occasion of a collapse.