iRaisers offers no info on their web site about who owns or runs the enterprise.
The iRaisers web site area (“iraisers.com”) was privately registered on January ninth, 2016. A company residential deal with within the US state of Georgia is offered by iRaisers however assumed to be bogus.
Regardless of the age of the area, Alexa solely registered measurable visitors to the iRaisers web site from March 2018.
Presently Ghana (26%) and the US (24%) are the first sources of visitors to the iRaisers web site.
As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
iRaisers Merchandise
iRaisers has no retailable services or products, with associates solely in a position to market iRaisers affiliate membership itself.
The iRaisers Compensation Plan
iRaisers associates buy $16 positions in a four-tier matrix cycler.
Matrix sizes utilized by iRaisers of their cycler are 3×3, 3×5 and three×10.
A 3×3 matrix locations an affiliate on the prime of a matrix, with three positions instantly beneath them:
These three positions type the primary stage of the matrix. The second stage of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
The third stage of the matrix is generated in the identical method and homes 27 positions.
A 3×5 and three×10 matrix expands obtainable ranges within the matrix by two and eight ranges respectively.
Every further stage in a 3×5 and three×10 matrix is made up of 3 times as many positions because the earlier stage.
An iRaisers affiliate indicators up and purchases a $16 Bronze Board cycler place.
A 3×3 matrix Bronze Board matrix has thirty-nine positions to fill.
Positions within the matrix are stuffed when new and present iRaisers associates buy cycler positions.
As positions within the matrix fill, commissions are paid out.
When all three ranges of the Bronze Board are stuffed, a “cycle” fee is triggered and the place “cycles” into the subsequent matrix tier.
Funds throughout all 4 iRaisers cycler tiers are as follows:
- Bronze Board (3×3 matrix, positions price $16) – $115 cycle fee and cycles into Silver Board
- Silver (3×5 matrix) – $13,000 cycle fee and cycles into Gold Board
- Gold Board (3×5 matrix) – $300,000 cycle fee and cycles into Diamond Board
- Diamond Board (3×5 matrix) – $3,000,000 cycle fee and cycles into Board of Administrators
Upon biking out of Diamond Board, an affiliate is given a place in a 3×10 “Board of Administrators” matrix.
5% of cycle commissions paid out on Silver Board to Diamond Board are paid out by the three×10 matrix.
Additional specifics of how the cycle commissions are distributed by the Board of Administrators matrix should not offered.
Referral Bonus
When a personally recruited iRaisers affiliate cycles a place out of Bronze Board, the affiliate who recruited them receives a $12 Referral Bonus.
Cycle Incentives
As well as commissions, biking from the Silver Board and better additionally rewards iRaisers associates with the next incentives:
- cycle out of Silver Board – a laptop computer, “all-in-one desktop” and paid journey to Dubai
- cycle out of Gold Board – a “model new automobile”, Worldwide Funding and Mortgage Fund Membership Card with paid journey to all scheduled conferences” and entry to an “curiosity and collateral FREE mortgage”
- cycle out of Diamond Board – a “model new SUV”, $5 million greenback housing fund and slice of two% of signups from the subsequent nation iRaisers migrates to.
Different incentives cited on the iRaisers web site embrace a “world revenue pool”, $10,000 “month-to-month residual revenue for all times” and “different advantages” to be determined by the corporate’s nameless proprietor(s).
Becoming a member of iRaisers
iRaisers affiliate membership is free.
Participation within the connected MLM alternative nonetheless requires the acquisition of no less than one $16 cycler place.
Conclusion
iRaisers payments itself as an “straightforward strategy to generate passive revenue”.
As an lively Member of iRaisers, we provide you with entry to make up –to US $100,000 inside the subsequent 180 days with out working like a slave.
To attain the above, iRaisers associates take part in a bog-standard four-tier cycler Ponzi.
An preliminary funding of $16 is required. Cycle commissions at every matrix stage function ROI funds, solely funded by subsequent $16 investments.
This use of newly invested funds to pay present iRaisers associates a ROI makes iRaisers a Ponzi scheme.
Of observe is iRaisers declare KIA/Hyundai Motors, Angel Funding, UNICEF, Success Manufacturing facility, Suzuki motors, Hp (and) Dell as “official companions”.
No proof of partnership is offered. Moreover, given the unlawful nature of the enterprise, if one had been to contact any of the above corporations likelihood is they’d have by no means heard of iRaisers.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies out so too will new funding.
Being a cycler this can lead to iRaisers’ matrices stalling. As soon as sufficient matrices have stalled, an irreversible collapse is triggered.
Via iRaisers one $16 place pays a $3,313,115 ROI.
To place that into perspective, a minimal of 207,070 $16 investments are required for only one place to completely cycle out.
Evidently the one positions getting wherever close to that will likely be these preloaded by the nameless iRaisers admin(s).
Thus when iRaisers inevitably collapses, they make off with nearly all of invested funds, included funds connected to uncycled positions in stalled matrices.
Everyone else (together with you) loses cash.