Bastion Make investments offers no credible info on their web site about who owns or runs the corporate.
On the “our employees” part of Bastion Make investments’s web site, random govt names are supplied.
“William Hardy” seems to be operating the present as Bastion Make investments’s “administrator”.
On the identical web page is an workplace photograph, that includes poorly photoshopped placement of Bastion Make investments’s brand.
The unique workplace belongs to Fiera Buying and selling, an organization primarily based out of Kazan, Russia.
In an try to seem professional, Bastion Make investments offers UK incorporation particulars for Bastion Make investments Restricted.
An MLM firm working or claiming to function out of the UK is a crimson flag.
UK incorporation is dust low cost and successfully unregulated. On high of that the FCA, the UK’s high monetary regulator, don’t actively regulate MLM associated securities fraud.
Because of this the UK is a popular jurisdiction for scammers trying to incorporate, function and promote fraudulent corporations.
For the aim of MLM due-diligence, incorporation within the UK or registration with the FCA is meaningless.
Most likely as a result of it represents it made-up executives from Sweden, Bastion Make investments additionally offers a Swedish company handle.
This handle belongs an unrelated cloud networking firm.
Versus the UK or Sweden, the usage of a Russian workplace photograph suggests Bastion Make investments’s admin relies out of Russia.
Bastion Make investments’s web site area (“bastion-invest.com”) was privately registered on July twelfth, 2021.
Alexa presently ranks high sources of site visitors to Bastion Make investments’s web site as Russia (49%) and Vietnam (8%).
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Bastion Make investments’s Merchandise
Bastion Make investments has no retailable services or products.
Associates are solely in a position to market Bastion Make investments affiliate membership itself.
Bastion Make investments’s Compensation Plan
Bastion Make investments associates make investments funds on the promise of an marketed day by day return.
- Begin – make investments $1 to $500 and obtain 2.2% a day for 10 days
- Progressive – make investments $501 to $1500 and obtain 3% a day for 30 days
- Common – make investments $1501 to $3000 and obtain 3.8% a day for 30 days
- Professional – make investments $3001 to $30,000 and obtain 5% a day for 30 days
Referral Commissions
Bastion Make investments pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, with each personally recruited affiliate positioned straight beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
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.
Bastion Make investments caps payable unilevel group ranges at 5.
Referral commissions are paid as a proportion of funds invested throughout these 5 ranges, primarily based on how a lot a Bastion Make investments affiliate has invested:
- Begin tier associates obtain 5% on degree 1 (personally recruited associates), 2% on degree 2 and 1% on degree 3
- Progressive tier associates obtain 7% on degree 1, 2% on degree 2 and 1% on degree 3
- Common tier associates obtain 8% on degree 1, 2% on degree 2, 1% on degree 3 and 0.5% on degree 4
- Professional tier associates obtain 10% on degree 1, 3% on degree 2, 2% on degree 3, 1% on degree 4 and 0.5% on degree 5
Becoming a member of Bastion Make investments
Bastion Make investments affiliate membership is free.
Full participation within the hooked up revenue alternative requires an preliminary $1 to $30,000 funding.
Bastion Make investments solicits funding in USD (by means of Good Cash), bitcoin, ethereum, litecoin, tether, tron and ripple.
Bastion Make investments Conclusion
Bastion Make investments claims to be
an revolutionary firm, the premise of which is investing in blockchain expertise.
As obscure a advertising assertion as you possibly can count on from a Ponzi scheme.
So it’s with faux executives and pretend workplace pictures, Bastion Make investments’s exterior income representations are additionally faux.
I didn’t notice it till I used to be placing collectively the photographs for this evaluate, however even Bastion’s brand is stolen from Bridgestone.
The one verifiable income getting into Bastion Make investments is new funding.
Utilizing this new funding to pay withdrawals makes Bastion Make investments a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Bastion Make investments of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.