Consultants Second gives no data on its web site about who owns or runs the corporate.
In reality, as I write this, Consultants Second’s public-facing web site is nothing greater than a login type.
Consultants Second’s web site default to Spanish. This implies that whoever is operating Consultants Moments is fluent in Spanish.
Additional analysis reveals Consultants Second advertising movies citing “monroy” as CEO of the corporate:
“Monroy” is Enrique Monroy:
Monroy doesn’t seem to have an MLM historical past. On FaceBook he pitches himself as a politician from Mexico.
Evidently Monroy’s political profession didn’t pan out, so right here we’re with Consultants Second.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Consultants Second’s Merchandise
Consultants Second has no retailable services or products.
Associates are solely capable of market Consultants Second affiliate membership itself.
Consultants Second’s Compensation Plan
Consultants Second associates join on the promise of a 2% to five% every day ROI.
Consultants Second represents returns are generated via a buying and selling bot, which the corporate fees to entry.
- free license – no value, capable of make investments $150 and 50% revenue break up
- $50 license – capable of make investments $250 with 50% revenue break up
- $100 license – capable of make investments $1000 with 50% revenue break up
- $200 license – capable of make investments $2000 with 40% revenue break up
- $400 license – capable of make investments $4000 with 40% revenue break up
- $800 license – capable of make investments $8000 with 30% revenue break up
- $1600 license – capable of make investments $16,000 with 30% revenue break up
- $3200 license – capable of make investments $32,000 with 25% revenue break up
- $6400 license – no funding restrict with 20% revenue break up
- $12,800 license – no funding restrict with 20% revenue break up
Observe, with respect to returns, there doesn’t seem like any distinction between the $6400 and $12,800 licenses.
Consultants Second’s MLM alternative pays commissions on licenses bought to recruited associates.
Consultants Second Affiliate Ranks
There are 9 ranks inside Consultants Second’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – join as a Consultants Second affiliate and buy a license
- Bronze – buy a minimal $200 license and generate $2000 in downline license quantity
- Silver – buy a minimal $400 license, generate $2650 in downline license quantity and have one personally recruited Bronze
- Gold – buy a minimal $800 license, generate $15,350 in downline license quantity and have two personally recruited Bronzes
- Platinum – buy a minimal $1600 license, generate $30,000 in downline license quantity and have three personally recruited Bronzes and one Silver
- Diamond – buy a minimal $3200 license, generate $70,000 in downline license quantity and have 4 personally recruited Bronzes and one Gold
- Blue Diamond – buy a minimal $6400 license, generate $380,000 in downline license quantity and have 5 personally recruited Silvers and one Platinum
- Black Diamond – buy a minimal $12,800 license, generate $750,000 in downline license quantity and have 5 personally recruited Platinums and one Blue Diamond
- Presidential – keep a $12,800 license, generate $1,000,000 in downline license quantity and have 5 personally recruited Platinums and one Blue Diamond
Referral Commissions
Consultants Second pays referral commissions by way of 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.
Consultants Second caps payable unilevel workforce ranges at ten.
A 2.5% referral fee is paid per license charge bought throughout these ten ranges.
Residual Commissions
Consultants Second pays residual commissions by way of the identical ten-level deep unilevel workforce used to pay referral commissions (see above).
Residual commissions are paid out of the revenue break up collected from every affiliate.
What number of ranges residual commissions are paid out, is decided by license tier and rank.
- free license tier associates earn 16% on degree 1 (personally recruited associates)
- $50 license tier associates earn 16% on ranges 1 and a pair of
- $100 licence tier associates earn 16% on ranges 1 to three
- $200 licence tier associates who’re additionally Bronze earn 16% on ranges 1 to 4
- $400 license tier associates who’re additionally Silver earn 16% on ranges 1 to five
- $800 license tier associates who’re additionally Gold earn 16% on ranges 1 to five and 4% on degree 6
- $1600 license tier associates who’re additionally Platinum earn 16% on ranges 1 to five and 4% on ranges 6 and seven
- $3200 license tier associates who’re additionally Diamond earn 16% on ranges 1 to five and 4% on ranges 6 to eight
- $6400 license tier associates who’re additionally Blue Diamond earn 16% on ranges 1 to five and 4% on ranges 6 to 9
- $12,800 license tier associates who’re additionally Black Diamond earn 16% on ranges 1 to five and 4% on ranges 6 to eight
Rank Achievement Bonus
Consultants Second rewards associates with the next one-time Rank Achievement Bonuses:
- qualify at Bronze and obtain $100
- qualify at Silver and obtain Apple AirPods
- qualify at Gold and obtain $1000
- qualify at Platinum and obtain an iPhone
- qualify at Gold and obtain a MacBook
- qualify at Blue Diamond and obtain $10,000
- qualify at Black Diamond and obtain a “$50,000 US {dollars} automobile”
- qualify at Presidential and obtain a “Dubai journey”
Becoming a member of Consultants Second
Consultants Second affiliate membership is tied to a license buy:
- free license
- $50 license
- $100 license
- $200 license
- $400 license
- $800 license
- $1600 license
- $3200 license
- $6400 license
- $12,800 license
How a lot an Consultants Second affiliate spends on their license straight impacts their earnings potential.
Consultants Second Conclusion
Consultants Second is a cookie-cutter “lulz can’t contact our cash!” scheme.
Associates pay a charge after which hook up a bot of unknown origin and unknown management to their buying and selling account.
Funds are allotted to the bot, leaving Consultants Second admins free to do as they want.
Supposedly Consultants Second is buying and selling in binary choices, foreign exchange, oil, gold, shares and crypto.
There’s after all no proof of any of this.
Supposedly Consultants Second’s buying and selling is headed up by Jonnathan Alejandro Pilapanta Morales.
Morales has even much less of a digital footprint than Enrique Monroy. That is reflective of Consultants Second’s bogus buying and selling claims.
On the finish of the day if you wish to purchase into Consultants Second’s fictional buying and selling experience, there’s nonetheless the problem of securities fraud.
Consultants Second is providing passive returns hooked up to pyramid recruitment. The passive returns, nevertheless generated, constitutes a securities providing.
This sees Consultants Second required to register itself with monetary regulators. Maybe extra importantly for buyers, they’re additionally required to supply audited monetary studies.
These studies are the one solution to confirm Consultants Second’s buying and selling bots are doing what they declare.
Consultants Second gives no proof it has registered with monetary regulators in any jurisdiction.
Which means, at a minimal, Consultants Second is committing securities fraud and working illegally.
I additionally wish to level out the ever-increasing license charges, upgrading of which is required to progress via the compensation plan.
The soar in charges is designed to recoup no matter is paid out via the bots. It’s not a 100% restoration however goes in direction of prolonging Consultants Second’s inevitable collapse.
“Lulz can’t contact our cash!” schemes collapse both via a rigged trades exit-scam or a bot buying and selling meltdown.
Such to the lengthen crypto is concerned, associates will also be left holding a random shitcoin. That is after all a part of the exit-scam.
A typical response to due-diligence into “Lulz can’t contact our cash!” schemes is “however I can see the buying and selling”.
What you see is cash transferring out and in of your account. This motion of cash stops when the gig is up.
Widespread sense dictates if whoever is operating Consultants Second had a magic buying and selling bot able to 2% to five% a day, they’d be quietly operating it themselves.
Why actually give away the golden goose or accept license charges?
And I’m fairly certain a failed politician from Mexico and a few sidekick no one’s ever heard of, didn’t simply get up at some point and discover a 5% a day buying and selling bot underneath their pillows.
Sadly greed blinds potential buyers, usually inflicting them to skip over correct due-diligence.
Until they’re scammers recruiting others into schemes like Consultants Second, inevitably it turns right into a expensive mistake.