Golden Manner gives no data on its web site about who owns or runs the corporate.
Golden Manner’s web site area (“goldenway.world”), was privately registered on June sixth, 2021.
In an try to seem legit, Golden Manner gives incorporation paperwork for Dubai:
Dubai is a scam-friendly jurisdiction that gives a lawless haven for scammers.
Any MLM firm hinging its legitimacy on ties to Dubai is a direct pink flag.
One fascinating factor to notice is, regardless of Golden Manner’s present web site area being solely seven months previous, the corporate initially launched again in 2019.
The primary video uploaded to Golden Manner’s YouTube channel is an workplace opening in Dubai.
The video seems to function actors. The girl represented to be operating Golden Manner speaks Russian.
Golden Manner has lengthy gotten rid of the unique actors it employed to entrance the corporate. Right this moment totally different actors are used to symbolize Golden Manner spokespeople:
Versus Dubai, Golden Manner’s official FaceBook web page is managed from Ukraine:
As soon as once more we’ve got a faceless MLM firm run by japanese Europeans pretending to be in Dubai.
At time of publication Alexa ranks high sources of site visitors to Golden Manner’s web site as Saudi Arabia (44%), Algeria (30%) and Egypt (3%).
As all the time, if an MLM firm is just not overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Golden Manner’s Merchandise
Golden Manner has no retailable services or products.
Associates are solely in a position to market Golden Manner affiliate membership itself.
Golden Manner’s Compensation Plan
Golden Manner associates make investments €50 EUR or extra on the promise of marketed returns.
Particular ROI charges are decided by how often a Golden Manner affiliate agrees to be paid:
- paid weekly = 256% annual ROI charge
- paid month-to-month = 282% annual ROI charge
- paid each 3 months = 308% annual ROI charge
- paid each 6 months = 334% annual ROI charge
- paid each 12 months = 360% annual ROI charge
- paid each 18 months = 393.9% annual ROI charge
- paid each 24 months = 530.4% annual ROI charge
Golden Manner applies a 20% payment on all withdrawals.
Golden Manner Affiliate Ranks
There are nineteen affiliate ranks inside Golden Manner’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Associate – generate €50 EUR in downline funding quantity
- Supervisor – generate €500 EUR in downline funding quantity
- Gold Supervisor – generate €2500 EUR in downline funding quantity
- Mentor – generate €10,000 EUR in downline funding quantity
- Gold Mentor – generate €50,000 EUR in downline funding quantity
- Grasp – generate €100,000 EUR in downline funding quantity
- Gold Grasp – generate €250,000 EUR in downline funding quantity
- Director – generate €500,000 EUR in downline funding quantity
- Bronze Director – generate €750,000 EUR in downline funding quantity
- Silver Director – generate €1,000,000 EUR in downline funding quantity
- Gold Director – generate €2,500,000 EUR in downline funding quantity
- Platinum Director – generate €5,000,000 EUR in downline funding quantity
- Topaz Director – generate €7,500,000 EUR in downline funding quantity
- Sapphire Director – generate €10,000,000 EUR in downline funding quantity
- Ruby Director – generate €25,000,000 EUR in downline funding quantity
- Emerald Director – generate €50,000,000 EUR in downline funding quantity
- Black Diamond Director – generate €75,000,000 EUR in downline funding quantity
- Diamond Director – generate €100,000,000 EUR in downline funding quantity
- King Diamond – generate €150,000,000 EUR in downline funding quantity
Personally recruited funding quantity is funding from personally recruited associates.
Downline funding quantity is funds invested by your whole downline (direclty and not directly recruited associates).
Recruitment Commissions
Golden Manner associates earn 5% of funds invested by personally recruited associates.
Residual Commissions
Golden Manner pays residual commissions by way of a unilevel compensation structrue.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
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.
Commissions on funds invested throughout the unilevel group are primarily based on rank:
- Associate – 10%
- Supervisor – 10.5%
- Gold Supervisor – 11%
- Mentor – 11.5%
- Gold Mentor – 12%
- Grasp – 12.5%
- Gold Grasp – 13%
- Director – 13.5%
- Bronze Director – 14%
- Silver Director – 14.5%
- Gold Director – 15%
- Platinum Director – 15.5%
- Topaz Director – 16%
- Sapphire Director – 16.5%
- Ruby Director – 17%
- Emerald Director – 17.5%
- Black Diamond Director – 18%
- Diamond Director – 18.5%
- King Diamond – 19%
Residual commissions come into play by the use of 19% being paid out on each funding.
This sees larger ranked associates paid the distinction between their ranked residual fee charge and lesser ranked associates of their unilevel group.
E.g. a Grasp recruits somebody who invests €1000 EUR.
The Grasp is paid their 12.5%, leaving 6.5% to pay out.
The system searches upline for a Gold Grasp or larger to pay the remaining proportion out to.
If a Sapphire Director was discovered first, they’d obtain 4% (the distinction between 16.5% and 12.5%), nonetheless leaving 2.5% to pay out.
The system would proceed to look upline for both a Ruby Director or larger.
This continues till a King Diamond is discovered, at which level no matter is then left to pay out is paid out.
Notice that nothing is ever handed up from King Diamond associates.
Speaker Bonus
Golden Manner rewards affiliate audio system (that time period isn’t outlined), with “further revenue from the entire construction”.
Specifics aren’t offered however that is clearly a reference to downline gross sales quantity.
Rank Achievement Bonus
Golden Manner rewards associates for qualifying at Supervisor and better with the next one-time Rank Achievement Bonuses:
- qualify at Associate and obtain €15 EUR
- qualify at Supervisor and obtain €60 EUR
- qualify at Gold Supervisor and obtain €225 EUR
- qualify at Mentor and obtain €225 EUR
- qualify at Gold Mentor and obtain €1200 EUR
- qualify at Grasp and obtain €1500 EUR
- qualify at Gold Grasp and obtain €4500 EUR
- qualify at Director and obtain €7500 EUR
- qualify at Bronze Director and obtain €7500 EUR
- qualify at Silver Director and obtain €7500 EUR
- qualify at Gold Director and obtain €45,000 EUR
- qualify at Platinum Director and obtain €75,000 EUR
- qualify at Topaz Director and obtain €75,000 EUR
- qualify at Sapphire Director and obtain €75,000 EUR
- qualify at Ruby Director and obtain €450,000 EUR
- qualify at Emerald Director and obtain €750,000 EUR
- qualify at Black Diamond Director and obtain €750,000 EUR
- qualify at Diamond Director and obtain €750,000 EUR
- qualify at King Diamond and obtain €1,500,000 EUR
Becoming a member of Golden Manner
Golden Manner affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal €50 EUR funding.
Golden Manner solicits funding in fiat, ethereum and bitcoin.
Golden Manner Conclusion
Golden Manner represents its associates are investing in gold. To that finish the corporate purports to promote gold on its web site:
This has nothing to do with the MLM aspect of the enterprise. It’s merely a ruse to masks new funding getting used to pay present Golden Manner traders.
For starters, investing in gold doesn’t generate a constant 530.4% annual ROI.
Golden Manner don’t present any clarification for the returns supplied.
Even when they did, this brings us again to the meaningless Dubai paperwork. Golden Manner fails to supply audited monetary stories detailing any exterior income technology.
It’s because there isn’t any.
Moreover, Golden Manner is just not registered to supply securities in any of its major funding markets.
Boris CEOs, Dubai and Ukrainian scammers – the Ponzi trifecta.
The one impression the gold ruse has on Golden Manner’s Ponzi scheme is an excuse to cost associates a 20% withdrawal payment. That is in lieu of taking an imaginary gold supply.
Such to the extent Golden Manner may be pressed on this, they’d little doubt purchase gold with what they’d must pay out anyway. Every little thing, together with supply, would then be billed to the withdrawing affiliate.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Golden Manner of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.
Replace sixth January 2022 – The GoldenWay Ponzi scheme has collapsed.