CT Passive supplies no info on their web site about who owns or runs the enterprise.
CT Passive’s web site area (“ctpassive.com”) was privately registered on November 14th, 2019.
Within the description of YouTube hosted advertising movies featured on CT Passive’s web site, the corporate claims to be
half Of C T Community, an Australian registered firm.
This presumably corresponds to “C T Community Group PTY. LTD., an entity registered with ASIC on December twenty sixth, 2019.
When it comes to regulation ASIC registration is meaningless.
ASIC registration presently prices $36. The regulator doesn’t confirm submitted info and infrequently regulates MLM associated securities fraud.
On the time of publication Alexa pegs India (50%) and the US (21%) as prime sources of visitors to CT Passive’s web site.
It’s extremely doubtless C T Community Group is a shell firm, operated by somebody based mostly out of India or the US.
As at all times, if an MLM firm just isn’t overtly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
CT Passive’s Merchandise
CT Passive has no retailable services or products, with associates solely capable of market CT Passive affiliate membership itself.
CT Passive associates make investments funds to take part within the connected revenue alternative.
Bundled with every funding are advert credit, which can be utilized to show promoting to different CT Passive associates.
CT Passive’s Compensation Plan
CT Passive associates make investments $5 on the promise of an marketed 1.5% each day ROI.
Returns are paid out for 100 days, totaling 150% per $5 funding.
Observe that fifty% of returns should be reinvested.
Referral commissions on funds invested are paid out through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel workforce, with each personally recruited affiliate positioned straight underneath 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.
CT Passive caps payable unilevel workforce ranges at 5.
Referral commissions are paid out as a proportion of funds invested throughout these 5 ranges as follows:
- degree 1 (personally recruited associates) – 8%
- degree 2 – 4%
- ranges 3 to five – 1%
Becoming a member of CT Passive
CT Passive affiliate membership is free.
Full participation within the connected revenue alternative nevertheless requires a minimal $5 funding.
Funds inside CT Passive are made in bitcoin. Bank card funds are solely accessible through a assist ticket (nothing suss about that).
Conclusion
CT Passive claims to supply “100% Passive Incomes … for all members”.
Exterior funds are supposedly generated through “merchants & companion packages”, nevertheless no proof is supplied.
And naturally none of this has been disclosed to ASIC, or every other monetary regulator.
Outdoors of Australia, CT Passive are defacto committing securities fraud.
Because it stands the one verifiable income getting into CT Passive is new funding.
Utilizing new funding to pay present associates makes CT Passive a Ponzi scheme.
This specific mannequin is named an “adcredit Ponzi”. The SEC has clarified that including promoting to a Ponzi scheme doesn’t make it any much less of a rip-off.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve CT Passive of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.
It must be famous that CT Passive supposedly falling underneath the umbrella of CT Community, may recommend intent to launch future scams sooner or later.
If that does happen, take it as a sign CT Passive is on the best way out – if it hasn’t already collapsed by then.