Boris CEO FVP Holdings securities fraud

FVP Commerce operated within the buying and selling MLM area of interest.

The corporate additionally goes by FVP Holdings. FPV Commerce’s and FVP Holdings’ respective YouTube channels, it appears FPV Holdings was deserted in mid 2021.

Whereas FVP Holdings’ web site continues to be on-line, FVP Commerce seems to be the prevailing firm identify so we’ll go along with that.

FVP Commerce’s web site area (“”), was registered by means of an tackle within the British Virgin Islands in December 2019.

FVP Holdings’ web site area (“”), was privately registered on the identical date.

FVP Commerce’s and FVP Holding’s web sites had been arrange in March 2020, each corporations launched shortly thereafter.

FVP Commerce represents it’s run by FVP Holdings founder Tim Sales space.

Sales space seems in an FVP Commerce Advertising video, uploaded to FVP Commerce’s official YouTube channel on August 4th 2020.

It’s your typical Boris CEO rented workplace affair, full with branded paraphernalia.

Whoever is definitely working FVP Commerce has gone to some effort to create a digital footprint for Sales space, however it all factors again to FVP Commerce. He doesn’t exist exterior of the corporate’s advertising and marketing.

Additionally on FVP Commerce’s web site you’ll discover “Stacy Wright”.

Wright doesn’t seem in any of FVP Commerce’s advertising and marketing movies, as a result of she seems to be a Russian maths and physics personal trainer:

The make-up makes it tough to verify so I’m not 100% positive on this. I’ve blocked out her identify as a precaution. The essential factor to notice right here is Wright being a trainer.

Within the linked FVP Commerce advertising and marketing video above we even have “David Moche”.

Moche is cited as founding father of Qfinity Labs. Qfinity Labs has a web site arrange at “”, privately registered in March 2020 – when FVP Commerce’s and FVP Holdings’ web sites had been being created.

As per Moche’s Qfinity Labs company bio;

Dr. David Moche was born in Sarcelles, Paris, on January fifteenth, 1976. He attended highschool in Tel Aviv.

I’m no skilled however the actor enjoying Moche has a European accent. It’d go for French.

I wasn’t capable of lock down a reputation for Moche however I did discover somebody who appears remarkably much like him:

That’s from 2016. It’s the actor enjoying Moche educating French at a college in Vietnam.

I’ll readily admit the varsity picture is at a bizarre angle. In the event you have a look at the brow space, nostril, dark-circle eyes and chin/cheek traces round Mocha’s smile although, they’re all fairly related.

I felt far more assured I’d discovered Moche than I had “Stacy Wright”, however nonetheless I stored digging.

Additionally in FVP Commerce’s advertising and marketing video is FVP Commerce CEO “Jonathan Greene”:

Right here’s the actor enjoying Greene in December 2018, enjoying Santa Claus at an English faculty in Vietnam:

In the event you’re not seeing it word the hole within the enamel and styled beard.

Three lecturers, two of them tied to Vietnam and one probably from Russia – that’s an excessive amount of of a coincidence to disregard.

FVP Commerce started importing to its YouTube channel in March 2020. Early movies focusing on Chinese language audio system:

This flopped and noticed FVP Commerce add its final Chinese language video on April tenth.

FVP Commerce then pivoted to advertising and marketing in English solely. That culminated within the hiring of actors for his or her August 2020 video.

I can’t undoubtedly clarify why lecturers in Vietnam had been focused. Each China and Vietnam closed their borders in March 2020 resulting from COVID-19. Maybe it was simpler to seek out lecturers in Vietnam.

There’s additionally the chance that come 2020, the lecturers had moved on from Vietnam however given they labored at completely different colleges I believe that is unlikely.

In an try to look reliable, FVP Commerce has employed cubicles at varied Finance occasions.

First there was the Finance Magnates London Summit, held in November 2021. The video is populated by a new forged of actors representing FVP Commerce.

Issues get a bit extra actual in December twenty eighth 2021, when FVP Commerce held a advertising and marketing occasion in Malaysia.

The occasion featured “performers” from China (streamed in) and fairly clearly aimed toward a Chinese language talking viewers.

FVP Commerce helpfully livestreamed a rehearsal of the occasion, the place we see this lady:

She introduces herself as Kaylee (I don’t know if that’s the proper spelling).

Kaylee has a particular accent I instantly recognised. She hosted the disastrous HyperNation launch occasion in Could 2022.

Kaylee simply seems to be a presenter and I don’t know if there’s any hyperlinks between Ryan Xu’s and Sam Lee’s Hyper* Ponzi schemes and FVP Commerce.

In all probability not, however it’s nonetheless amusing to see scammers from Asia utilizing the identical manufacturing firm to run their rip-off occasions.

Of word is none of FVP Commerce’s western trainer actors attending the Malaysia occasion. They solely put in a short look through a pre-recorded video message.

The purpose of FVP Commerce’s Malaysia occasion seems to have been to launch FVP Ex. This ties into FVP Commerce committing securities fraud through issuance of digital shares.

FXP Ex was imagined to launch in February 2022. That’s now been pushed again to “Q3 2022”:

In February 2022 FVP Commerce revealed ties to Dubai. Dubai is the MLM crime capital of the world. Any MLM firm representing it’s primarily based out or has ties to Dubai is virtually assured to be a rip-off.

FVP Commerce’s Dubai occasion was some meaningless doc signing between it and “Al-Mohannadi Group”.

Of word although was the presence of our western lecturers, suggesting they could have relocated to Dubai.

There was additionally the compulsory “pay for an advert on the Burj Khalifa” music and dance:

Later that very same month (Feb 2022), FVP Commerce purchased a sales space at iFX Expo Dubai.

Right here we noticed FVP Commerce’s western trainer actors with what seems to be their minders:

The actors from the London December 2021 expo weren’t wherever to be seen.

Right here’s a bunch shot of FVP Commerce’s workforce in Dubai:

There are a number of token non-Asians however I believe you get the purpose.

We seem to have scammers with ties to China, Vietnam and Malaysia (probably Singapore and a Russian tie-in too), who initially pitched to Chinese language traders. Once they realized that wasn’t working early on, they employed western lecturers to entrance their rip-off.

I imagine the one time FVP Commerce has put somebody who would possibly really be tied to the corporate’s homeowners on digicam, was in June 2021:

Samuel Chou, which most likely isn’t that man’s actual identify both, doesn’t seem in any FVP Commerce advertising and marketing materials.

Primarily based on SimilarWeb site visitors evaluation, FVP Commerce is presently being promoted in Italy (44%), Brazil (11%) and Indonesia (8%).

As all the time, if an MLM firm will not be overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.

FVP Commerce’s Merchandise

FVP Commerce has no retailable services or products.

Associates are solely capable of market FVP Commerce affiliate membership itself.

FVP Commerce’s Compensation Plan

FVP Commerce associates make investments $1000 or extra in “PAMM Packages”. That is executed on the promise of a month-to-month passive return.

There are two tiers of PAMM Packages, paying 2% to 10% a month:

  • Low Danger – 2% to 4% a month
  • Medium Danger – 4% to six% a month
  • Excessive Danger – 6% to 10% a month

FVP Commerce provides a bonus ROI on invested funds, with the goal of discouraging withdrawals:

  • make investments funds for 90 days and obtain a 1% month-to-month ROI bonus
  • make investments funds for 180 days and obtain a 2% month-to-month ROI bonus
  • make investments funds for 270 days and obtain a 4% month-to-month ROI bonus

Observe that FVP Commerce solely pays out 70% of ROI withdrawals. 20% is held for “activation” (obligatory reinvestment?), and 10% is withheld in an “IPO Pockets”.

FVP Holding represents associates will be capable to purchase firm shares by means of their IPO Pockets, however this doesn’t exist at time of publication.

The MLM aspect of FVP Commerce pays on recruitment of affiliate traders.

FVP Commerce Affiliate Ranks

There are 5 affiliate ranks inside FVP Commerce’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  • Member – join as an FVP Commerce affiliate and make investments $1000
  • IB – make investments $3000, recruit 5 Members or greater who collectively have invested $10,000, and generate $50,000 in complete downline funding quantity
  • SIB – make investments $5000, recruit three IBs and 5 Members or greater, who collectively have invested $20,000, and generate $300,000 in complete downline funding quantity
  • DIB – make investments $10,000, recruit three SIBs and 7 Members or greater, who collectively have invested $50,000, and generate $2,000,000 in complete downline funding quantity
  • MIB – make investments $30,000, recruit three DIBs and twelve Members or greater, who collectively have invested $200,000, and generate $8,000,000 in complete downline funding quantity

Referral Commissions

FVP Commerce associates earn a 50% referral fee on month-to-month generated returns paid to downline associates:

  • 50% on degree 1 (personally recruited associates) and
  • 50% on degree 2 (associates recruited by your personally recruited associates)

Observe that referral commissions are paid out month-to-month, on the proviso recruited associates don’t withdraw invested funds.

Residual Commissions

FVP Commerce pays residual commissions 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.

FVP Commerce caps residual commissions at six unilevel workforce ranges.

Residual commissions are paid as a proportion of month-to-month generated returns throughout these six ranges primarily based on rank:

  • Members earn 3% on ranges 1 and a pair of
  • IBs and better earn 3% on ranges 1 to five and 5% on degree 6

Revenue Sharing

IB and better ranked FVP Commerce associates earn a bonus proportion match on their unilevel workforce’s month-to-month ROI funds:

  • IBs earn 5% Revenue Sharing
  • SIBs earn 10% Revenue Sharing
  • DIBs earn 15% Revenue Sharing
  • MIBs earn 20% Revenue Sharing

Becoming a member of FVP Commerce

FVP Commerce affiliate membership seems to be tied to a minimal $1000 funding.

Full participation within the hooked up earnings alternative requires a $30,000 funding.

FVP Commerce Conclusion

FVP Commerce is an easy Ponzi scheme, wrapped in layers and layers of bullshit advertising and marketing.

Completely nothing on FVP Commerce’s web site is credible. The actors aren’t who they are saying they’re, FVP Commerce isn’t primarily based out BVI and the corporate has nothing to do with buying and selling.

FVP Commerce trots out the standard meaningless MyFXBook nonsense proof of exterior income technology.

These are simply faked however, extra importantly, will not be an alternative choice to registration with monetary regulators.

FVP Commerce fairly clearly provides a passive funding alternative. This constitutes a safety and requires registration with monetary regulators – in each nation FVP Commerce solicits funding in.

FVP Commerce fails to offer proof it has registered with a monetary regulator in any jurisdiction.

Thus, at a minimal, FVP Commerce is committing securities fraud. Providing shares to associates, if that ever evolves past an excuse to withhold 10% of withdrawal funds, would see FVP Commerce add an extra layer of securities fraud to its scheme.

Because it stands the one verifiable income getting into FVP Commerce is new funding.

Utilizing new funding to pay month-to-month returns to associates makes FVP Commerce a Ponzi scheme.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

This may starve FVP Commerce of ROI income, finally prompting a collapse.

The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.