Photo voltaic Group is an funding themed MLM firm based mostly out of Russia.
Photo voltaic Group additionally goes by “Duyunov’s Motors”, referencing its founder Dmitry Duyunov.
So far as I can inform Duyunov doesn’t have a digital footprint previous to Photo voltaic Group surfacing in 2019. He seems to be a random Russian citizen main the corporate.
Whether or not that’s simply on paper (puppet proprietor) or surely is unclear.
In an try to seem authentic, Photo voltaic Group claims to be included in Vanuatu as Photo voltaic Group LTD.
The bar to register a shell firm in Vanuatu is low. There’s additionally no energetic regulation of MLM associated fraud.
Until it’s really working out the nation, any MLM firm representing it’s included in Vanuatu raises a crimson flag.
A “entrance workplace” deal with in Moscow is offered on Photo voltaic Group’s web site. Punching the deal with into Google suggests it belongs to a resort.
Photo voltaic Group operates from the domains “photo voltaic.group” and “solargroup.professional”. These are the domains recognized to me, there are in all probability others.
Alexa site visitors estimates reveal nearly all of guests to Photo voltaic Group’s web site are from Russia and Vietnam.
Learn on for a full assessment of Photo voltaic Group’s MLM alternative.
Photo voltaic Group’s Merchandise
Photo voltaic Group has no retailable services or products.
Associates are solely in a position to market Photo voltaic Group affiliate membership itself.
Photo voltaic Group’s Compensation Plan
Photo voltaic Group associates make investments funds in digital shares:
- Package deal $500 – make investments $500 and obtain 107,500 shares
- Package deal $750 – make investments $750 and obtain 173,250 shares
- Package deal $1000 – make investments $1000 and obtain 242,000 shares
- Package deal $1500 – make investments $1500 and obtain 385,500 shares
- Package deal $2000 – make investments $2000 and obtain 542,000
- Package deal $3000 – make investments $3000 and obtain ~831,000 shares
- Package deal $200,000 – make investments $200,000 and obtain an undisclosed quantity of shares
- Package deal $250,000 – make investments $250,000 and obtain an undisclosed quantity of shares
- Package deal $300,000 – make investments $300,000 and obtain an undisclosed quantity of shares
I consider there are funding packages between $3000 and $200,000 nonetheless these will not be publicly disclosed.
Observe that in trade for barely much less shares, Photo voltaic Group associates can make investments upfront or by way of a month-to-month plan.
Photo voltaic Group Affiliate Ranks
There are 5 affiliate ranks inside Photo voltaic Group’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Companion – enroll as a Photo voltaic Group affiliate
- Specialist – make investments a minimum of $250, recruit two Companions who’ve every invested a minimum of $100 and generate a minimum of $450 in downline funding quantity
- Grasp – make investments a minimum of $500, recruit three Companions who’ve every invested a minimum of $200 and generate a minimum of $2,000 in downline funding
- Knowledgeable – make investments a minimum of $1500, recruit three Masters and generate a minimum of $5000 in downline funding quantity
- Skilled – make investments a minimum of $5000, recruit thee Consultants and generate a minimum of $10,000 in downline funding quantity
Referral Commissions
Photo voltaic Group pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned immediately beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
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.
Photo voltaic Group pay referral commissions throughout twenty unilevel workforce ranges.
What number of ranges referral commissions are earned on is set by rank:
- Companions earn 15% on degree 1 (personally recruited associates)
- Specialists earn 15% on degree 1, 5% on degree 2, 4% on degree 3, 2% on degree 4 and 1% on degree 5
- Masters earn 15% on degree 1, 7% on degree 2, 5% on degree 3, 3% on degree 4, 2% on ranges 5 and 6 and 0.5% on degree 7
- Consultants earn 15% on degree 1, 7% on degree 2, 5% on degree 3, 4% on degree 4, 3% on degree 5, 1% on degree 6 and 0.5% on ranges 7 to 9
- Professionals earn 16% on degree 1, 7% on degree 2, 5% on degree 3, 4% on degree 4, 3% on degree 5, 1% on degree 6, 0.5% on ranges 7 to 9 and 0.3% on ranges 10 to twenty
Rank Achievement Bonus
Photo voltaic Group rewards associates who qualify at Knowledgeable and Skilled with the next one-time Rank Achievement Bonus:
- qualify at Knowledgeable and obtain $500
- qualify at Skilled and obtain $1000
If an affiliate exceeds their Knowledgeable or Skilled rank qualification by an element of two in 1 / 4, an extra $1000 bonus funding bundle is issued.
Becoming a member of Photo voltaic Group
Photo voltaic Group affiliate membership seems to be free.
Photo voltaic Group solicits funding in USD by way of checking account, Payeer and BestChange. The corporate additionally solicits funding in varied cryptocurrencies.
Photo voltaic Group Conclusion
Photo voltaic Group has been soliciting funding into “Slavyanka” motors for over 4 years.
Apparently these motors exist already and will be designed and manufactured.
I’m not an engineer so I’m not going to fake to be an authority on electrical motors.
What I can let you know is that no matter legitimacy Duyunov Motors’ Slavyanka motor might need had, went out the window after they connected it to a Ponzi scheme.
Photo voltaic Group right this moment is a variation of the “Russian inventor” Ponzi scheme mannequin.
Essentially the most infamous of those scams is Skyway Capital, fronted by Anatoly Yunitskiy.
I additionally lately reviewed Weter, fronted by Dennis Tiaglin.
Skyway Capital has been pretending to develop a monorail for over a decade. Weter’s shtick is generators inside skyscrapers.
The widespread thread between these schemes and Photo voltaic Group is funding in alleged Russian technological innovation.
In actuality all that’s occurring is cash is being fleeced from new buyers to pay those that’ve already invested.
The MLM facet of Photo voltaic Group is straight up pyramid scheme territory.
Photo voltaic Group represents buyers are investing in digital shares.
These shares will be traded amongst Photo voltaic Group buyers and supposedly additionally pay dividends.
The made-up “nominal worth” of every share is $1. E.g. you make investments $3000, get ~$831,000 shares and Photo voltaic Group would have you ever consider that, when the time comes, there’s suckers lining as much as pay you $831,000 on your shares.
“When the time comes” is hinged on the promise of an IPO, which can in fact by no means occur.
Even when it did, providing digital shares on the illustration of passive earnings is a securities providing regardless.
Photo voltaic Group isn’t registered to supply securities in Russia or wherever else on the earth.
As beforehand acknowledged, for the aim of due-diligence Photo voltaic Group’s shell incorporation in Vanuatu is meaningless.
What isn’t meaningless is securities fraud. Exterior of Russia Photo voltaic Group is being promoted by these scammers:
For reference:
- Ching Wan Lengthy, Vietnam
- Dimitr Dimitrov, Bulgaria
- Gilles Weber, France, Senegal and Cote d’Ivoire
- Gulshan Kumar Birdi, India
- Johann Butschbach, Germany
- Oliver Djenic, Croatia and
- Viktor Diak, Hungary
None of whom are registered to supply securities of their nation of residence.
With out registration with monetary regulators and legally required audited monetary stories, Photo voltaic Group’s declare it pays returns by way of motor gross sales isn’t credible.
Not withstanding gullible buyers investing for over 4 years now, and the one earnings being paid out are tied to recruitment.
I think about sooner or later an inner trade will probably be arrange, permitting Photo voltaic Group associates to withdraw a few of their represented share worth.
In spite of everything, even probably the most gullible of individuals can solely be lead on for thus lengthy.
Photo voltaic Group pays withdrawals until no matter threshold Duyunov and the gang have agreed to, after which they disappear.
Better of luck recouping invested funds from randoms in Russia.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Photo voltaic Group of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.
One further word; Whereas I’m not able to name three corporations a development, hopefully we’re not seeing the beginning of a brand new “Russian inventor” Ponzi area of interest.
Though a Boris CEO inventor not sure to the constraints of actuality could be enjoyable.