Crowd1Finance, not to be confused with the shorter named Crowd1 Ponzi scheme, provides no information about who owns or runs the company on its website.
Crowd1Finance’s website domain (‘crowd1finance.com”), was privately registered on June 14th, 2021.
Despite existing for less than a year, Crowd1Finance falsely claims it was “founded in 2016”.
In an attempt to appear legitimate, Crowd1Finance claims it’s “a legal investment company incorporated in the United Kingdom.”
To that end the company provides UK incorporation details, including a forged certificate, on its website.
Not withstanding Crowd1Finance’s UK incorporation details are bogus, UK incorporation is dirt cheap and effectively unregulated.
On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
Offered languages on Crowd1Finance’s website are English and Russian.
This suggests whoever is running the company has ties to eastern Europe.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Crowd1Finance’s Products
Crowd1Finance has no retailable products or services.
Affiliates are only able to market Crowd1Finance affiliate membership itself.
Crowd1Finance’s Compensation Plan
Crowd1Finance affiliates invest funds on the promise of advertised returns.
- Standard Pack – invest $200 to $5000 and receive 40% a day for 14 days
- Bronze Pack – invest $5001 to $10,000 and receive 50% a day for 20 days
- Silver Pack – invest $10,001 to $50,000 and receive 60% a day for 25 days
- Golden Pack – invest $50,001 or more and receive 70% a day for 30 days
Crowd1Finance solicits investment in bitcoin, litecoin, ethereum, bitcoin cash and Cash App.
Referral Commissions
Crowd1Finance pays referral commissions on invested funds down two levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 5%
Joining Crowd1Finance
Crowd1Finance affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $50 investment.
Crowd1Finance solicits investment in cryptocurrency and USD.
Crowd1Finance Conclusion
Crowd1Finance represents external revenue is generated via forex trading.
Our team of investment experts manage all the funds.
Taken at face value, Crowd1Finance’s business model fails the Ponzi logic test.
Anyone capable of generating a 70% daily ROI isn’t selling you access for as little as $50.
70% a day compounded turns any balance into a stupid amount pretty quickly.
Of course Crowd1Finance isn’t doing any actual trading, hence you won’t find any evidence as such.
The only verifiable source of revenue entering Crowd1Finance is new investment.
Using new investment to pay daily returns of up to 70% makes Crowd1Finance a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Crowd1Finance of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.