Frequency operates within the foreign exchange and cryptocurrency buying and selling MLM niches.
The corporate doesn’t present a company tackle on their web site. The corporate is at the moment being closely promoted throughout South America.
Alexa at the moment estimates that 55% of visitors to Frequency’s web site originates from Mexico. Uruguay is chargeable for 38%.
Heading up Frequency is CEO Silvia Franch (proper).
In line with her social media profiles Franch is predicated out of Spain. That is possible the place Frequency is being operated from.
Franch appeared on BehindMLM a number of months in the past as CEO of the FXTV World Ponzi scheme.
FXTV World seems to have collapsed shortly after launch. Now we’ve Silvia Franch heading up one other suspect scheme.
Learn on for a full assessment of Frequency’s MLM alternative.
Frequency’s Merchandise
Frequency has no retailable services or products, with associates solely in a position to market Frequency affiliate membership itself.
Frequency’s Compensation Plan
Frequency associates make investments $50 to $100,000 in bitcoin on the illustration they’ll be paid a month-to-month return.
Of the packages bought 50% goes to the totally different monetary programs.
Of the profit that every one obtains of them, the typical of the share goes to distribute within the month-to-month passive bonus.
The profit is each day, from Sunday to Sunday and is paid month-to-month
and overdue month.
Commissions are paid on invested funds straight and residually.
Direct Referral Commissions
Frequency pays referral commissions on invested funds down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 10%
- degree 2 – 3%
- degree 3 – 2%
Residual Commissions
Frequency pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary workforce, cut up into two sides (left and proper):
The primary degree of the binary workforce homes two positions. The second degree of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary workforce are crammed through direct and oblique recruitment of associates. Be aware there is no such thing as a restrict to how deep a binary workforce can develop.
The equal of fifty% of invested funds are used to calculate residual commissions.
On the finish of every day Frequency tallies up 50% of latest funding quantity on each side of the binary workforce.
Associates are paid a proportion of matched funds, relying on how a lot they’ve invested.
- Pack 1 – make investments $50 and obtain a 6% residual fee price capped at $500 a day
- Pack 2 – make investments $500 and obtain a 6% residual price capped at $500 a day
- Pack 3 – make investments $1000 and obtain an 8% residual fee price capped at $1000 a day
- Pack 4 – make investments $2000 and obtain a ten% residual fee price capped at $2000 a day
- Pack 5 – make investments $5000 and obtain a 14% residual fee price capped at $4000 a day
- Pack 6 – make investments $10,000 and obtain a 16% residual fee price capped at $10,000 a day
- Pack 7 – make investments $15,000 and obtain a 17% residual fee price capped at $15,000 a day
- Pack 8 – make investments $20,000 and obtain an 18% residual fee price capped at $20,000 a day
- Pack 9 – make investments $30,000 and obtain a 19% residual fee price capped at $30,000 a day
- Pack 10 – make investments $40,000 and obtain a 19% residual fee price capped at $40,000 a day
- Pack 11 – make investments $50,000 and obtain a 20% residual fee price capped at $50,000 a day
- Pack 12 – make investments $100,000 and obtain a 20% residual fee price capped at $100,000 a day
As soon as paid out on matched quantity is flushed. Any leftover quantity on the stronger binary workforce facet is carried over.
Becoming a member of Frequency
Frequency affiliate membership is $25 yearly.
Full participation within the connected revenue alternative requires a minimal $50 funding.
Conclusion
Frequency represents it generates exterior ROI income through “automated programs”.
These programs purportedly interact in foreign exchange and cryptocurrency arbitrage buying and selling.
Silvia Franch’s solely connection to buying and selling is selling Arbistar, a Ponzi scheme on its second iteration.
Like Frequency, Arbistar’s ruse is an arbitrage buying and selling bot.
Frequency is mainly Silvia Franch’s personal Arbistar clone. And it’s constructed on FXTV World’s collapse and investor losses:
In case you’re questioning, FXTV World’s Ponzi ruse was additionally foreign currency trading.
Even should you purchase into Frequency’s buying and selling bot bullshit although, there’s nonetheless the difficulty of unregistered securities.
Any MLM firm providing a passive funding alternative is a securities providing.
Securities in Spain are regulated by the CNMV. Neither Frequency or Silvia Franch are registered with the CNMV.
Nor does Frequency present proof of getting registered with Mexico’s Nationwide Banking and Securities Fee, or Uruguay’s Banco Central del Uruguay.
Which means that Frequency is committing securities fraud in its nation of operation, and its two largest sources of latest funding.
Past that Frequency is unlawful in any nation it has not registered with monetary regulators in.
Regardless of these regulatory shortfalls, Frequency claims it’s “legally constituted”.
Frequency is a stable firm, legally constituted by the workforce of FINANCIAL CONSULTANTS AND LAWYERS QUINTANA KINGS who’ve 50 years of expertise, having consolidated millionaire corporations internationally.
Out of curiosity I Googled Quintana Kings however nothing got here up. Admittedly that is perhaps an auto-translate shortcoming.
In any occasion, whoever Frequency’s legal professionals are – if they’ll’t spot a securities fraud Ponzi scheme after fifty years, maybe they need to hand of their authorized licenses.
As with all MLM Ponzi schemes, as soon as new affiliate recruitment slows down so too will new funding.
This may starve Frequency of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of buyers lose cash.