Masterworks Funding offers no credible details about who owns or runs the corporate on its web site.
Masterworks Funding’s web site does have a “workforce members” web page. Names on the web page nonetheless are fictitious and represented by inventory and/or stolen images:
The identical inventory photograph used to characterize Ewan Charlton (CEO of …), seems on a number of dodgy foreign exchange websites:
The explanation for that is MasterWorks Funding’s web site is operating a inventory template designed for scams:
The one advertising and marketing video on MasterWorks Funding’s web site is hosted on a YouTube channel named “Funding crypto”.
A number of advertising and marketing movies for different schemes are on the channel, suggesting it’s a part of a rip-off web site internet hosting package deal:
In an try to seem official, MasterWorks Funding offers a doctored SEC certificates:
SEC certificates of incorporation aren’t a factor. This implies that whoever is operating MasterWorks Funding isn’t a local English-speaker, is concentrating on notably silly traders, or each.
That is consistent with MasterWorks Funding’s advertising and marketing video being a inventory footage robo voiceover job.
Accompanying MasterWorks Funding’s pretend SEC certificates is an deal with in New York.
This deal with belongs to MasterWorks, an unrelated artwork funding firm. It seems MasterWorks Funding are, not less than partially, attempting to move themselves off as MasterWorks the precise firm.
MasterWorks Funding’s web site area (“masterworks-investment.ltd”), was privately registered on August tenth, 2021.
As all the time, if an MLM firm isn’t overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
MasterWorks Funding’s Merchandise
MasterWorks Funding has no retailable services or products.
Associates are solely capable of market MasterWorks Funding affiliate membership itself.
MasterWorks Funding’s Compensation Plan
MasterWorks Funding associates make investments funds on the promise of marketed returns.
- Bronze – make investments $100 to $19,999 and obtain 1.5% a day
- Silver – make investments $20,000 to $39,999 and obtain 2% a day
- Gold – make investments $40,000 to $59,999 and obtain 2.5% a day
- Diamond – make investments $60,000 or extra and obtain 3.5% a day
There doesn’t look like a cap on returns MasterWorks Funding pays out.
MasterWorks Funding’s web site suggests funding is solicited in cryptocurrency. No specifics are offered.
The MLM aspect of MasterWorks Funding pays on funds invested by recruited associates.
Referral Commissions
MasterWorks Funding pays a ten% fee on funds invested by personally recruited associates.
Residual Commissions
MasterWorks Funding pays residual commissions through a month-to-month bonus.
This bonus is tied to the next three-tier qualification standards:
- Regional Consultant – make investments $10,000, recruit not less than fifty associates, generate $50,000 in complete downline funding quantity and obtain $1500 a month
- Funding Director – make investments $20,000, recruit not less than ten associates, generate $100,000 in complete downline funding quantity and obtain $2500 a month (bonus Rolex watch upon qualifying)
- Funding Ambassador – make investments $30,000, recruit not less than twenty associates, generate $200,000 in complete downline funding quantity and obtain $5000 (bonus “journey to the corporate’s headquarters and 24hrs free procuring” upon qualifying)
Regional Consultant requiring fifty recruits isn’t a typo on my finish. I consider it’s a mistake in MasterWorks Funding’s advertising and marketing materials and may in actual fact be 5 associates.
Becoming a member of MasterWorks Funding
MasterWorks Funding affiliate membership seems to be free.
Full participation within the connected earnings alternative requires a minimal $100 funding.
Maxing out the compensation plan requires $30,000 or extra invested.
MasterWorks Funding Conclusion
MasterWorks Funding represents it generates exterior income through … a collection of cobbled collectively copy and pasted paragraphs. It’s not price stepping into.
Just about every little thing on MasterWorks Investments’ web site is both template copy or stolen from some other place.
All of the scammers behind the scheme are doing is operating a Ponzi scheme.
The best solution to confirm that is, making an allowance for the provided pretend SEC incorporation certificates, run a seek for MasterWorks Funding on the SEC’s Edgar database.
Nothing comes up, due to course it doesn’t.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve MasterWorks Funding of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.