Dragon International Finance supplies no info on its web site about who owns or runs the corporate.
The corporate’s web site area (“dragonglobalfinance.com”), was privately registered on January twenty eighth, 2020.
Additional analysis reveals Dragon International Finance company shows being given by Anthony Norman.
Norman, as Anthony John Norman, can be one of many listed Administrators for the UK shell firm Dragon International Finance LTD.
BehindMLM final got here throughout Norman, who generally goes by “Antony Norman”, again in 2019.
On the time Norman was operating Welmont Capital. By Welmont Capital Norman acquired IQ Legacy.
IQ Legacy was the failed third reboot of the Ormeus International Ponzi scheme.
What was left of IQ Legacy was being funnelled into The Sprinkle Group, in preparation for a Liber8 token Ponzi launch.
Probably not certain what occurred after that.
What we do know is early 2021 Norman wolfed up what was left of Wazzub and its YEM token bagholders.
The present iteration of Dragon International Finance seems to have launched in early 2021.
Dragon International Finance additionally goes by Dragon International Options. Underneath both identify, it’s the present incarnation of Norman’s MLM enterprise pursuits.
Primarily based on Dragon International Finance webinars, Norman, initially from Europe, seems to be hiding out within the Southern Hemisphere.
Alexa at present ranks Saudi Arabia as the one notable supply of site visitors to Dragon International Finance’s web site (96%).
Learn on for a full evaluate of Dragon International Finance’s MLM alternative.
Dragon International Finance’s Merchandise
You’d be forgiven for pondering Dragon International Finance isn’t an MLM alternative.
The corporate markets itself as “a worldwide cost administration answer”. There’s no point out of a enterprise alternative on Dragon International Finance’s web site by any means.
Such to the extent cost processing providers are supplied, they don’t have anything to do with Dragon International Finance’s MLM alternative.
Dragon International Finance’s Compensation Plan
Dragon International Finance associates make investments funds on the promise of a weekly passive return.
There are 4 Dragon International Finance funding tiers:
- $1000
- $5000
- $10,000
- $25,000
Funds are invested via the Likquid trade, which is owned by Anthony Norman.
Returns are paid in liquid token (LIQ) and USD.
The inner LIQ worth just isn’t disclosed on Likquid’s or Dragon Finance International’s web sites.
Referral Commissions
Dragon International Finance pays referral commissions on invested funds down two ranges of recruitment (unilevel):
- 25% on stage 1 (personally recruited associates)
- 15% on stage 2
Staking Bonus
Dragon International Finance pays a bonus return when a recruited affiliate participates in “lengthy staking”.
Lengthy staking sees associates make investments YEM (defunct Wazzub tokens) for 5 years on the promise of a quarterly passive return.
The Staking Bonus is paid quarterly up two ranges of recruitment:
- the affiliate who recruited the lengthy staking affiliate receives a 0.5% quarterly Staking Bonus
- their upline receives a 0.2% quarterly Staking Bonus
Becoming a member of Dragon International Finance
Dragon International Finance affiliate membership prices should not disclosed.
Full participation within the hooked up earnings alternative requires an undisclosed funding in YEM tokens, and/or a $1000 to $25,000 funding.
Dragon International Finance Conclusion
Dragon International Finance sees Anthony Norman kicking the Ponzi can down the highway.
By varied acquisitions and his personal bungled launches, Dragon International Finance is filled with buyers eager to money out.
That is one thing Norman himself acknowledges on Dragon International Finance webinars;
You’re right here since you wish to earn, you wish to liquidate, you wish to money out.
On the backend you’ve obtained you’re typical AI buying and selling bot spiel:
Given what number of years Norman has been operating his varied scams for now, it feels form of foolish to substantiate there isn’t a proof of buying and selling income.
There by no means has been.
Along with that, neither Norman, Dragon International Finance or any of the umpteen shell firms hooked up to the rip-off, are registered to supply securities in any jurisdiction.
Because of this at a minimal Norman is committing securities fraud.
As with all MLM Ponzi schemes, as soon as recruitment dries up, so too will new funding.
This may starve Dragon International Finance of income, leaving it unable to pay withdrawal requests.
As I perceive it Norman stopped holding reside Dragon International Finance webinars in November 2021.
Communication was restricted to “written updates” going ahead.
Replace twenty eighth February 2022 – Dragon International Finance has collapsed.
Anthony Norman seems set to reboot the Ponzi scheme as EQT Financial institution.
Replace 2nd March 2022 – BehindMLM can now affirm EQT Financial institution is a reboot of Dragon International Finance.
Replace thirtieth April 2022 – EQT Financial institution and the hooked up Common Pickle token scheme have collapsed.