Digimond Group operates within the foreign exchange and cryptocurrency buying and selling MLM niches. The corporate doesn’t present a company deal with on its web site.
Digimond Group claims it’s a European primarily based consulting agency within the area of gross sales and advertising and marketing for the previous 23 years”.
In actuality Digimond Group’s web site area was solely registered just a few months in the past.
The area “digimondmnc.com” was registered on February 2nd, 2022.
Elisa Solon Torrevillas is listed because the proprietor, by an incomplete deal with in Cebu, Philippines.
Digimond Group’s web site tech contact is “Rajesh R”, by an incomplete deal with in India.
Heading up Digimond Group is co-founder “Ronald Roque”.
Roque is represented by a head Photoshopped onto a swimsuit.
DigiMond Group’s web site additionally options Roque in a photoshopped workplace picture:
For sure Ronald Roque doesn’t exist. Digimond Group’s faceless CEO, Eric Jerome Miguel, additionally doesn’t seem to exist.
As all the time, if an MLM firm will not be overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Digimond Group’s Merchandise
Digimond Group has no retailable services or products.
Associates are solely in a position to market Digimond Group affiliate membership itself.
Digimond Group’s Compensation Plan
Digimond Group associates make investments funds on the promise of a month-to-month or annual ROI:
- Plan 1 – make investments $62.50 and obtain a ten% a month for 12 months
- Plan 2 – make investments $125 and obtain 5% after a month, or 7% a month for a 3 months, 9% a month for six months or 12% a month for 12 months
- Plan 3 – make investments $375 and obtain 7% after a month, or 9% a month for a 3 months, 12% a month for six months or 16% a month for 12 months
- Plan 4 – make investments $1125 and obtain 9% after a month, or 11% a month for a 3 months, 14% a month for six months or 21% a month for 12 months
- Plan 5 – make investments $3375 and obtain 12% after a month, or 14% a month for a 3 months, 17% a month for six months or 28% a month for 12 months
- Plan 6 – make investments $10,125 and obtain 15% after a month, or 17% a month for a 3 months, 20% a month for six months or 35% a month for 12 months
Observe that funds are locked up at some point of the funding time period chosen (1 month, 3 months, 6 months or 12 months).
Observe that Digimond seems to cost a 20% charge on all withdrawal requests.
The MLM facet of Digimond Group pays on recruitment of affiliate traders.
Digimond Group Affiliate Ranks
There are twelve affiliate ranks inside Digimond Group’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as a Digimond Group affiliate and make investments
- Topaz – earn $5000
- Sapphire – earn $10,000
- Ruby – earn $25,000
- Pearl – earn $50,000
- Onyx – earn $100,000
- Jade – earn $250,000
- Emerald – earn $500,000
- White Diamond – earn $1,000,000
- Blue Diamond – earn $2,500,000
- Black Diamond – earn $5,000,000
- Diamond Crown – earn $10,000,000
Digimond Group doesn’t explicitly specify, however I consider these earnings quantities embody ROI funds and earned commissions.
Referral Commissions
Digimond Group pays a 5% referral fee on funds invested by personally recruited associates.
Residual Commissions
Digimond Group pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary group, break up into two sides (left and proper):
The primary stage of the binary group homes two positions. The second stage of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary group are stuffed through direct and oblique recruitment of associates. Observe there isn’t a restrict to how deep a binary group can develop.
On the finish of every week Digimond Group tallies up new funding quantity on each side of the binary group.
Residual commissions are paid as 10% of funds invested on the weaker binary group facet.
As soon as paid out on, funding quantity is matched towards the stronger binary group facet and flushed.
Any leftover quantity carries over into the next week.
Rank Achievement Bonus
Digimond Group rewards associates for qualifying at Topaz and better with one-time Rank Achievement Bonuses:
- qualify at Topaz and obtain $1000
- qualify at Sapphire and obtain $2000
- qualify at Ruby and obtain $5000
- qualify at Pearl and obtain $10,000
- qualify at Onyx and obtain $20,000
- qualify at Jade and obtain $50,000
- qualify at Emerald and obtain $100,000
- qualify at White Diamond and obtain $200,000
- qualify at Blue Diamond and obtain $500,000
- qualify at Black Diamond and obtain $1,000,000
- qualify at Diamond Crown and obtain 2,000,000
Becoming a member of Digimond Group
Digimond Group affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal $62.50 funding.
Digimond Group Conclusion
Digimond represents it generates exterior income through AI buying and selling of foreign exchange and cryptocurrency.
Digimond Group supplies no proof it’s utilizing buying and selling or exterior income of any sort to pay affiliate withdrawals.
Along with that, Digimond Group’s passive returns clearly constitutes a securities providing.
Be it the Philippines, India or wherever else, Digimond Group fails to supply proof it has registered with monetary regulators.
Failing to take action implies that, at a minimal, Digimond Group is committing securities fraud.
Because it stands, the one verifiable income getting into Digimond Group is new funding.
Utilizing new funding to pay returns makes Digimond Group a Ponzi scheme. With nothing marketed or bought to retail clients, the MLM facet of Digimond Group provides an extra pyramid layer to the scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Digimond Group of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.
Good luck getting your a reimbursement from Photoshopped Digimond Group executives that don’t exist.