Digital Revenue gives no data on its web site about who owns or runs the corporate.
Digital Revenue’s web site area (“digitalprofit.io”) was privately registered on February tenth, 2021.
Previous to February Digital Revenue was utilizing one other now defunct web site area. I imagine the corporate launched mid 2020.
My first inkling of dejavu was a advertising and marketing video on Digital Revenue’s web site, hosted on Past Wealth’s official Vimeo channel.
On Digital Revenue’s linked official Fb web page, I noticed a video with acquainted faces.
The 2 people within the video are Travis Bott (L) and Jeremy Reynolds (R), who I’d later affirm as Digital Revenue’s co-founders.
Each Bott and Reynolds are based mostly out of Utah within the US. A Singapore company tackle supplied on Digital Revenue’s web site, nonetheless it belongs to a “company companies” firm.
Digital Revenue is run out of and managed from inside the US. Any ties to Singapore are superficial.
Travis Bott first appeared on BehindMLM’s radar in mid 2017. We tied Bott to Divvee’s unlawful securities fraud providing, via Ryze AI.
Bott reemerged in late 2017 with Westmyn, a shell firm used commit securities fraud via Investview’s Wealth Turbines.
Investview was subpoenaed and subsequently fined $150,000 by the CFTC in 2018.
A 12 months later Travis Bott went solo with Onyx Way of life.
Jeremy Reynolds bought MXI Corp in 2017. He started funneling MXI Corp associates into Onyx Way of life in late 2019.
I’m penning this evaluate introduction looking back and, having accomplished my analysis into Digital Revenue, imagine the transition from Onyx Way of life to Digital Revenue matches higher into the conclusion of the evaluate.
When you’re simply after data on how Onyx Way of life turned Digital Revenue and what different firms are join, scroll down.
In any other case learn on for a full evaluate of Digital Revenue’s MLM alternative.
Digital Revenue’s Merchandise
Digital Revenue markets a spread of mashed collectively services and products.
All in all Digital Revenue has 5 choices:
- dietary dietary supplements, supplied via BEpic;
- guide buying and selling indicators;
- a passive crypto buying and selling funding scheme;
- a Filecoin funding scheme; and
- Wanderlust, a reduction journey portal.
BEpic dietary supplements
- Regener8 – anti-aging and anti-inflammation chai tea, retails at $69.95 for a pouch of thirty single-serve sachets
- B-Keto – ketosis complement, retails at $99.95 for a pouch of thirty single-serve sachets
- NutriNRG – “pure power lemonade”, retails at $69.95 for a pouch of thirty single-serve sachets
- Acceler8 – weight reduction capsules, retails at $69.95 for a field of 60 capsules
- B-Slim – African mango weight reduction complement, retails at $59.95 for 2 tubes of 15 tablets every
Buying and selling Indicators
Digital Revenue provides buying and selling schooling and indicators via “Echo Buying and selling”.
By way of “Echo Broadcasting”, there’s additionally a passive returns part:
Echo Buying and selling memberships price between $49.95 and $179 a month.
Sigma AI
Digital Revenue provides a passive funding scheme via Sigma AI.
Sigma AI is a crypto buying and selling bot purportedly supplied in partnership with EndoTech.
Entry to Sigma AI prices $99.95 a month for a “single technique”, or $129.95 a month for “all methods”.
FileCoin
Filecoin (FIL) is a cryptocurrency.
Digital Revenue runs a filecoin passive funding scheme via “Safe 1475”.
Participation in Safe 1475 is an preliminary $1595 funding.
Extra funding is tracked via “TB” positions:
- FC-1 (one TB place) – $1395
- FC-2 (two TB positions) – $2780
- FC-3 (three TB positions) – $6800
- FC-4 (4 TB positions) – $13,500
Digital Revenue are promoting a first-year annual returns of 45 FIL per TB place invested in.
Second-year returns are “as much as 50% increased than 12 months one”.
Wanderlust
Wanderlust is a reduction journey portal bundled with Digital Revenue affiliate membership.
Digital Revenue’s Compensation Plan
Digital Revenue’s compensation combines retail gross sales with residual binary commissions.
Matching Bonuses are paid direct and in addition via unilevel crew generations.
Word that Digital Revenue don’t present a replica of their compensation plan on their web site.
I’ve executed my finest to place collectively what’s on the market however some minor figures are lacking (e.g. particular Black Diamond and better rank qualification standards).
Digital Revenue Affiliate Ranks
There are eleven affiliate ranks inside Digital Revenue’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Model Companion – preserve an energetic month-to-month order, enroll as a Digital Revenue affiliate and recruit and preserve no less than one Model Companion
- Certified Model Companion – spend $89.95 or extra a month and recruit and preserve two Model Companions (positioned one on either side of the binary crew)
- Silver – fulfill Certified Model Companion standards and generate and preserve 1000 GV or extra in weekly weaker binary crew aspect quantity
- Gold – fulfill Certified Model Companion standards and generate and preserve 2500 GV or extra in weekly weaker binary crew aspect quantity
- Platinum – fulfill Certified Model Companion standards and generate and preserve 5000 GV or extra in weekly weaker binary crew aspect quantity
- Diamond – fulfill Certified Model Companion standards and generate and preserve 7500 GV or extra in weekly weaker binary crew aspect quantity
- Blue Diamond – fulfill Certified Model Companion standards and generate and preserve 15,000 GV or extra in weekly weaker binary crew aspect quantity
- Double Blue Diamond – fulfill Certified Model Companion standards and generate and preserve 25,000 GV or extra in weekly weaker binary crew aspect quantity
- Black Diamond – fulfill Certified Model Companion standards and generate and preserve an undisclosed GV quantity or extra in weekly weaker binary crew aspect quantity
- Double Black Diamond – fulfill Certified Model Companion standards and generate and preserve an undisclosed GV quantity or extra in weekly weaker binary crew aspect quantity
- Inexperienced Diamond – fulfill Certified Model Companion standards and generate and preserve an undisclosed GV quantity or extra in weekly weaker binary crew aspect quantity
GV stands for “Group Quantity” and is gross sales quantity generated by an affiliate and their downline.
Retail Commissions
Digital Revenue associates earn 50% of gross sales quantity generated by retail buyer gross sales.
Recruitment Commissions
Digital Revenue associates earn 50% of gross sales quantity generated every personally recruited affiliate’s first buy.
Residual Commissions
Digital Revenue pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary crew, cut up into two sides (left and proper):
The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary crew are crammed through direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary crew can develop.
On the finish of every week Digital Revenue tallies up new gross sales quantity on either side of the binary crew.
Associates are paid as much as 20% of quantity generated on their weaker binary aspect, capped at $20,000 every week.
- Certified Model Companions earn a ten% residual fee price
- Silvers earn a 12% residual fee price
- Golds earn a 15% residual fee price
- Platinums earn an 18% residual fee price
- Diamonds and better earn the complete 20% residual fee price
Matching Bonus
Digital Revenue pays a 20% Matching Bonus on residual commissions earned by personally recruited associates.
Generational Bonus
Digital Revenue pays a Generational Bonus to Gold and better ranked associates.
The Generational Bonus is paid through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, 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 crew.
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.
The Generational Bonus pays a ten% match on residual commissions paid to Gold or increased ranked associates inside the unilevel crew.
A Digital Revenue can earn the Generational Bonus on as much as 4 Gold or increased ranked associates per unilevel crew leg.
- Golds earn the Generational Bonus on as much as two Gold or increased ranked associates per unilevel crew leg
- Platinums earn the Generational Bonus on as much as three Gold or increased ranked associates per unilevel crew leg
- Diamonds earn the Generational Bonus on as much as 4 Gold or increased ranked associates per unilevel crew leg
Month-to-month Way of life Bonus
Digital Revenue associates spending $89.95 a month or extra can qualify for the Month-to-month Way of life Bonus.
The Month-to-month Way of life Bonus is a recruitment bonus:
- recruit two associates who additionally recruit two associates every and obtain $200 a month
- recruit three associates who additionally recruit three associates every and obtain $300 a month
- recruit 4 associates who additionally recruit 4 associates every and obtain $500 a month
- recruit 5 associates who additionally recruit 5 associates every and obtain $700 a month
Word that recruited associates should even be spending $89.95 a month or extra.
Rank Achievement Bonus
Digital Revenue rewards associates who rank at Blue Diamond and better with the next Rank Achievement Bonuses:
- qualify at Blue Diamond and obtain $10,000
- qualify at Double Blue Diamond and obtain $20,000
- qualify at Black Diamond and obtain $40,000
- qualify at Double Black Diamond and obtain $75,000
- qualify at Inexperienced Diamond and obtain $150,000
International Bonus Pool
Digital Revenue take 2% of company-wide income and place it into the International Bonus Pool.
The International Bonus Pool is paid weekly to Diamond and better ranked associates.
Becoming a member of Digital Revenue
Digital Revenue affiliate membership is on the market at three price-points:
- Plastic – $159.95 after which $99 yearly
- Black Stainless Metal – $799.95 after which $199 a month
- 24K Gold Plated – $1499.95 after which $299 a month
The extra a Digital Revenue spends on affiliate membership the upper their allowed “alternate account”.
Wanderlust portal journey reductions additionally enhance.
Conclusion
Digital Revenue is without doubt one of the extra advanced MLM Ponzi schemes I’ve come throughout currently, owing primarily to its a number of layers.
- Onyx Way of life;
- Past Wealth;
- BEpic; and
- Endotech
Onyx Way of life was a crypto buying and selling bot Ponzi scheme Travis Bott began again in 2019. In direction of the tip of 2019, the Dunamis International Tech Ponzi scheme was merged.
Onyx Way of life collapsed in mid 2020. If the advertising and marketing is to be believed, Onyx Way of life ran up sufferer losses working into the tens of tens of millions – presumably increased:
Nicely Past is the results of Jeremy Reynolds buying MXI Corp in 2017.
BehindMLM reviewed Nicely Past in early 2020. Beneath the branding “Past Wealth”, we found Nicely Past associates have been being funneled into Onyx Way of life.
In some unspecified time in the future Travis Bott and Jeremy Reynolds made it official as co-founders of Digital Revenue.
In that sense Digital Revenue is actually a reboot of Onyx Way of life, with no matter is/was left of Past Wealth merged in.
Whereas Onyx Way of life was a easy Ponzi scheme, Digital Revenue makes an attempt to masks fraud with copious quantities of pseudo-compliance.
To that finish you will have buying and selling indicators and BEpic dietary merchandise added.
Realistically no one in Digital Revenue is in it for these choices. The concept although is to make it appear like Digital Revenue has retail gross sales.
In a single Digital Revenue advertising and marketing presentation, International VP of Gross sales Nick D’Amico (proper) states:
We now have a twenty-four month monitor file displaying confirmed beneficial properties with these instruments.
In a possible violation of the FTC Act (misleading advertising and marketing), this data isn’t supplied to potential clients or associates.
BEpic is an fascinating thread to comply with. BehindMLM first reviewed BEpic in October 2016, and once more in Might 2018.
The corporate was initially headed up by Eric Caprarese, though he appears to have disappeared by our second evaluate.
Curiously, regardless of seemingly being wolfed up by Digital Revenue, BEpic nonetheless has its web site up.
Naturally, BEpic’s web site is devoid of firm administration and possession particulars.
There’s nonetheless a hyperlink to BEpic’s official YouTube channel. There I a latest video of curiosity.
“BEPIC – #EpicActsOfKindess” was uploaded on December twenty third, 2020.
Right here’s the video description:
Dan Putnam and Angel Rodriguez journey to Downtown Salt Lake Metropolis, UT to present some fundamental requirements to these in want this winter!
It appears Caprese was a fall man. Dan Putnam and Angel Rodriguez have been working BEpic all alongside.
That is important to notice as a result of in June 2020 the SEC sued Putnam and Rodriguez for securities fraud.
The pair stand accused of bilking traders out of no less than $12 million via numerous cryptocurrency Ponzi schemes.
By way of Jean Paul Ramirez, additionally a defendant within the SEC’s lawsuit, Onyx Way of life was tied to 2 Ponzi schemes run by Putnam.
BEpic pseudo-compliance added to Digital Revenue is simply a latest addition. A BusinessForHome puff piece particulars an April 2021 “strategic alliance”.
9 months after the SEC’s lawsuit was filed, right here now we have Putnam and Rodriguez attaching BEpic to a different Ponzi scheme.
Onyx Way of life’s Ponzi ruse was its LQD8 Block scheme. See our Onyx Way of life evaluate for particulars.
In Digital Revenue that’s been switched out for Sigma AI, a buying and selling bot supplied by EndoTech.
EndoTech is a fraud manufacturing unit. It’s at present tied to Daisy AI (crypto Ponzi) and Investview’s iGenius scheme.
Digital Revenue’s fastened returns filecoin funding scheme can be a securities providing.
Securities fraud is a typical theme right here and by providing a passive funding scheme via Sigma AI, Digital Revenue additionally engages in securities fraud.
Travis Bott’s and Jeremy Reynold’s monitor information converse for themselves.
The one individuals who have gotten wealthy in Bott’s and Reynold’s fraudulent funding schemes are themselves and some early traders.
As beforehand said, cumulative losses are believed to run into the tens of tens of millions at this level.
Mixed losses throughout all of Digital Earnings layers and linked firms may nicely run into the a whole lot of tens of millions.
Between Travis Bott and Jeremy Reynolds, Bott is extra on the heart of this mess.
The SEC have already made inroads in the direction of Travis Bott by going after Dan Putnam. Nailing Bott given his lengthy affiliation with securities fraud isn’t notably troublesome.
Whether or not it occurs or not I can’t say however it’s definitely lengthy overdue.
Replace twenty second August 2021 – A couple of months in and Digital Revenue’s Freedom buying and selling bot has generated a whole lot of 1000’s of {dollars} in investor losses.