Seven Stars Group supplies no (correct) data on their web site about who owns or runs the corporate.
The Seven Stars Group web site area (“sevenstars.group”) was privately registered on June fifteenth, 2018.
Regardless of current for barely a number of months, Seven Stars Group claims it was “based in 2010” by Mario Rossi, a fictional “American foreign exchange dealer”.
In an try to feign legitimacy, a UK incorporation certificates for “Seven Stars Group LTD” is offered.
UK incorporation is grime low-cost and for probably the most half unregulated. It’s a favourite for scammers seeking to incorporate dodgy firms.
It as a substitute way more doubtless Seven Stars Group is being operated from Russia.
Supporting this are Russian language weblog posts and social media updates, the presence of a company vK social media profile and Alexa citing Russia as the most important supply of site visitors to the Seven Stars Group web site (33%).
As at all times, if an MLM firm isn’t overtly upfront about who’s working or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Seven Stars Group Merchandise
Seven Stars Group has no retailable services or products, with associates solely capable of market Seven Stars Group affiliate membership itself.
The Seven Stars Group Compensation Plan
Seven Stars Group associates make investments funds on the promise of an marketed ROI:
- Octans – make investments $10 or extra and obtain a 126% ROI after 20 days
- Centaurus – make investments $1000 or extra and obtain a 180% ROI after 40 days
- Pegasus – make investments $5000 or extra and obtain a 268% ROI after 60 days
- Eridanus – make investments $20,000 or extra and obtain a 412% ROI after 80 days
Referral Commissions
Seven Stars Group pay referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned instantly beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Seven Stars Group cap payable unilevel staff ranges at seven.
Referral commissions are paid out as a share of funds invested throughout these seven ranges as follows:
- degree 1 (personally recruited associates) – 7%
- degree 2 – 3%
- degree 4 – 2%
- ranges 4 to 7 – 1%
Bonuses
Seven Stars Group associates obtain money bonuses when accrued unilevel staff funding reaches sure milestones:
- persuade others to speculate $10,000 and obtain a $300 bonus
- persuade others to speculate $25,000 and obtain a $2000 bonus
- persuade others to speculate $50,000 and obtain a $5000 bonus
- persuade others to speculate $100,000 and obtain a $7500 bonus
- persuade others to speculate $200,000 and obtain a $10,000 bonus
- persuade others to speculate $500,000 and obtain a $20,000 bonus
- persuade others to speculate $1,000,000 and obtain a $50,000 bonus
Becoming a member of Seven Stars Group
Seven Stars Group affiliate membership is free, nevertheless free associates can solely earn referral commissions.
Full participation within the Seven Stars Group revenue alternative requires a minimal $10 funding.
Conclusion
Seven Stars Group declare to generate ROI income by way of foreign currency trading.
The one help Seven Stars Group present to again this up is a baloney story about being based by an American foreign exchange dealer ten years in the past.
The corporate supplies no proof of foreign currency trading happening and/or getting used to pay associates.
That leaves new funding as Seven Stars Group’s sole verifiable income.
Utilizing newly invested funds to pay current associates a ROI makes Seven Stars Group a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will invested funds.
It will starve Seven Stars Group of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of traders lose cash.