The ID Identification web site comprises no details about who owns or runs the corporate.
Additional analysis reveals “Phoenix Protect Group Holdings” and PSC Investments” touted as associated ID Identification corporations.
These are borrowed names from present corporations, none of that are based mostly out of Dubai.
Whether or not ID Identification’s associated corporations even exist is unclear. What we do know is that in the event that they do exist, they’re nothing greater than shell companies set as much as deceive.
You’ll be able to verify this your self by visiting the ID Identification web site privateness coverage, which supplies a company PO Field deal with.
The ID Identification web site area (“ididentification.org”) was registered on 18th December, 2018.
Phoenix Protect Group LLC is listed because the proprietor, by way of an incomplete deal with within the United Arab Emirates.
Within the “our corporations” part of their web site, ID Identification lists a sequence of internet sites suggesting hyperlinks to Brazil.
The source-code language of the ID Identification web site can also be riddled with Portuguese, Brazil’s official language.
This all strongly means that whoever is operating ID Identification is probably going based mostly out of Brazil itself.
Both there or Russia, which Alexa presently pegs as the highest supply of visitors to the ID Identification web site (30%).
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
ID Identification Merchandise
ID Identification has no retailable services or products, with associates solely capable of market ID Identification affiliate membership itself.
The ID Identification Compensation Plan
ID Identification associates make investments funds on the promise of a month-to-month ROI of as much as 21%.
- IDIB – make investments $97 and obtain as much as 10% a month
- IDIL – make investments $247 and obtain as much as 10% a month
- IDIA – make investments $497 and obtain as much as 10% a month
- IDI1K – make investments $997 and obtain as much as 15% a month
- IDI2K – make investments $1997 and obtain as much as 15% a month
- IDI4.5K – make investments $4497 and obtain as much as 15% a month
- IDI7K – make investments $6997 and obtain as much as 21% a month
- IDI21K – make investments $21,177 and obtain as much as 21% a month
- IDI35K – make investments $35,277 and obtain as much as 21% a month
ID Identification funding contracts expire upon 500% being paid out.
A ten% referral fee is paid on funds invested by personally recruited associates.
Residual commissions on invested funds are paid through each unilevel and binary compensation constructions.
ID Identification Affiliate Ranks
There are twelve affiliate ranks throughout the ID Identification compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll and make investments
- Bronze – generate at the very least $1875 in weaker binary crew facet funding quantity
- Silver – generate at the very least $4375 in weaker binary crew facet funding quantity
- Gold – generate at the very least $11,250 in weaker binary crew facet funding quantity
- Onix – generate at the very least $18,750 in weaker binary crew facet funding quantity
- Sapphire – generate at the very least $50,000 in weaker binary crew facet funding quantity
- Emerald – generate at the very least $106,250 in weaker binary crew facet funding quantity
- Ruby – generate at the very least $162,500 in weaker binary crew facet funding quantity and have at the very least two Sapphire ranked personally recruited associates
- Diamond – generate at the very least $231,250 in weaker binary crew facet funding quantity and have at the very least two Emerald or three Sapphire ranked personally recruited associates
- Double Diamond – generate at the very least $687,500 in weaker binary crew facet funding quantity and have ranked personally recruited associates at the very least two Ruby ranked personally recruited associates
- Black Diamond – generate at the very least $3,375,000 in weaker binary crew facet funding quantity and have at the very least three Diamond ranked personally recruited associates
- Diamond Royal – generate at the very least $4,375,000 in weaker binary crew facet funding quantity and have at the very least one Black Diamond or three Double Diamond ranked personally recruited associates
Word that required binary crew quantity for every rank is accrued.
Residual Commissions (unilevel)
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned immediately below 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.
ID Identification caps payable unilevel crew ranges at seven.
What number of unilevel crew ranges residual commissions are paid on is decided by how a lot an ID Identification affiliate invests:
- make investments on the IDIB tier and obtain 3% on degree 1 (personally recruited associates)
- make investments on the IDIL tier and obtain 3% on degree 1 and a couple of% on degree 2
- make investments on the IDIA tier and obtain 3% on degree 1, 2% on degree 2 and 1% on ranges 3 and 4
- make investments on the IDI1K tier and obtain 3% on degree 1, 2% on degree 2 and 1% on ranges 3 to six
- make investments on the IDI2K and better tiers and obtain 3% on degree 1, 2% on degree 2 and 1% on ranges 3 to 7
Residual Commissions (binary)
A binary compensation construction locations an affiliate on the high of a binary crew, break 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 stuffed 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 day ID Identification tallies up new funding quantity on either side of the binary crew.
Associates are paid as much as 50% of weaker binary facet quantity based mostly on rank:
- Associates (no rank) obtain 10% capped at $1000 a day
- Bronze associates obtain 20% capped at $2000 a day
- Silver associates obtain 30% capped at $2000 a day
- Gold associates obtain 40% capped at $2000 a day
- Onix to Ruby ranked associates obtain 50% capped at $4000 a day
- Diamond associates obtain 50% capped at $6000 a day
- Double Diamond and Black Diamond ranked associates obtain 50% capped at $8000 a day
- Diamond Royal associates obtain 50% capped at $10,000 a day
Beginning on the Emerald rank, an identical bonus can also be paid on downline residual binary commissions.
- Emeralds and Rubies obtain a 6% match on degree 1 (personally recruited associates)
- Diamonds obtain a 6% match on degree 1 and a couple of% on degree 2
- Double Diamonds and better obtain a 6% match on degree 1 and a couple of% on ranges 2 and three
Month-to-month Price Commissions
Every ID Identification funding tier corresponds with a month-to-month payment to maintain the contract energetic.
- IDIB funding requires fee of $5 a month
- IDIL funding requires fee of $9 a month
- IDIA funding requires fee of $19 a month
- IDI1K funding requires fee of $39 a month
- IDI2K funding requires fee of $49 a month
- IDI4.5K funding requires fee of $69 a month
- IDI7K funding requires fee of $79 a month
- IDI21K funding requires fee of $239 a month
- IDI35K funding requires fee of $299 a month
ID Identification takes this payment and makes use of it to pay commissions utilizing the identical unilevel crew construction because the residual paid on funding.
- IDIB associates obtain 3% on degree 1 (personally recruited associates)
- IDIL associates obtain 3% on ranges 1 and a couple of
- IDIA associates obtain 3% on ranges 1 and a couple of and 5% on ranges 3 and 4
- IDI1K associates obtain 3% on ranges 1 and a couple of, 5% on ranges 3 to five and a couple of% on degree 6
- IDI2K and better associates obtain 3% on degree 1 and a couple of, 5% on ranges 3 to five and a couple of% on ranges 6 and seven
World Pool Bonus
ID Identification pays associates a quarterly bonus, supposedly made up of company-wide funding quantity.
There are seven swimming pools within the World Bonus, corresponding with the Sapphire to Diamond Royal ranks.
- Sapphires obtain a share in a 0.1% World Pool
- Emeralds obtain a share in a 0.2% World Pool
- Rubies obtain a share in a 0.25% World Pool
- Diamonds obtain a share in a 0.5% World Pool
- Double Diamonds obtain a share in a 0.75% World Pool
- Black Diamonds obtain a share in a 1% World Pool
- Diamond Royals obtain a share in a 1% World Pool
Rank Achievement Bonus
ID Identification rewards associates for qualifying at Bronze and better ranks as follows:
- qualify as Bronze and obtain a $500 ID Identification funding voucher
- qualify as Silver and obtain a $1000 ID Identification funding voucher
- qualify as Gold and obtain a $2000 ID Identification funding voucher
- qualify as Onix and obtain a $3000 ID Identification funding voucher
- qualify as Sapphire and obtain a $4000 ID Identification funding voucher
- qualify as Emerald and obtain a $6000 ID Identification funding voucher
- qualify as Ruby and obtain a “cruise”
- qualify as a Diamond and obtain a BMW Collection 3 or Mercedes Class C automobile
- qualify as a Double Diamond and obtain a BMW Collection 5 or Mercedes Class E automobile
- Qualify as a Black Diamond and obtain a BMW Collection 7 or Porsche Panamera automobile
- qualify as a Royal Diamond and obtain a Ferrari automobile
Becoming a member of ID Identification
ID Identification affiliate membership is free, nevertheless a minimal funding is required to take part within the connected earnings alternative.
- IDIB – make investments $97 after which $5 a month
- IDIL – make investments $247 after which $9 a month
- IDIA – make investments $497 after which $19 a month
- IDI1K – make investments $997 after which $39 a month
- IDI2K – make investments $1997 after which $49 a month
- IDI4.5K – make investments $4497 after which $69 a month
- IDI7K – make investments $6997 after which $79 a month
- IDI21K – make investments $21,177 after which $239 a month
- IDI35K – make investments $35,277 after which $299 a month
Month-to-month charges are payable for the life of every funding contract.
Funding contracts expire as soon as a 500% ROI has been paid out.
Word that the five hundred% ROI is calculated on the preliminary funding quantity and excludes month-to-month charges.
Conclusion
Contemplating “ID” stands for “id doc”, ID Identification’s firm identify expands to “Identification Doc Identification”.
Clunky sounding however I’ll put that right down to its seemingly Brazilian heritage.
What can’t be defined nevertheless is the corporate’s identify throughout the context of it’s clearly fraudulent enterprise mannequin.
In an try to justify stated fraud, ID Identification trots out cliched exterior income sources:
Naturally there’s no proof of ID Identification participating in buying and selling actions, or any exterior income technology for that matter.
ID Identification traders are as a substitute offered with slideshows, which purportedly signify associations with a plethora of black gap shell corporations.
Even if you happen to indulge ID Identification’s ROI technology fantasy nevertheless, the mannequin nonetheless doesn’t move the Ponzi logic take a look at.
If the nameless scammers behind ID Identification have been capable of generate constant month-to-month returns of as much as 22%, why solicit funding from randoms over the web?
With compounding and slightly little bit of time, they might simply (and quietly) retire among the many richest on the planet.
Because it stands the solely income getting into ID Identification is new funding.
Utilizing newly invested funds to pay present traders a month-to-month ROI would make ID Identification a Ponzi scheme.
Accompanying ID Identification’s funding alternative are pyramid commissions, including a further fraudulent layer to the scheme.
Secondary regulatory points additionally exist by means of unregistered securities fraud.
Fairly clearly ID Identification is providing a passive funding alternative, which requires it to register in any jurisdiction it solicits funding in whereby securities are regulated.
On the time of publication, ID Identification supplies no proof of getting registered with any securities regulator on its web site.
As with all Ponzi schemes, as soon as affiliate recruitment slows down so too will new funding. It will starve ID Identification of ROI income, finally prompting a collapse.
Relaxation assured math ensures the vast majority of ID Identification affiliate traders will lose cash. Sadly nevertheless it’s doubtless going to be far too late earlier than any of them understand.
Buried in ID Identification’s advertising and marketing supplies is reference to an ESGC cryptocurrency:
By now you need to be acquainted with the MLM cryptocurrency exit-scam mannequin.
Scams that undertake this mannequin illegally solicit funding. When recruitment and new funding slows down, they launch a cryptocurrency.
This cryptocurrency is often a low-effort ERC20 token, though it may be a 5 minute blockchain in a field answer too.
As soon as launched returns swap over to the altcoin, ESGC on this occasion.
Subsequent is the rip-off getting a dodgy change to checklist the altcoin, sometimes by providing stated change both an upfront bribe or promised kickback.
Gullible traders are led to consider their nugatory tokens will moon in worth.
This may be asserted by way of low-effort guarantees (cue ID Identification’s shell corporations), or just “simply because” for the lazier admins.
What truly occurs is upon dodgy change itemizing there’s a quick pump (throughout which the admins additional money out as a lot as they will), adopted by the inevitable dump.
The dump is attributable to bagholder traders realizing they’ve been had and desperately taking what they will.
By this stage ID Identification’s nameless admin(s) could have lengthy vanished. This actual situation has performed out time and time once more within the MLM crypto area of interest.
At this stage I don’t consider ID Identification has launched their ESGC shitcoin.
Both approach traders will both take a direct loss on collapse, or an extended drawn out deflation loss through the crypto route.
The one individuals who earn cash in Ponzi schemes like ID Identification are these operating them and early traders.