My Gold Rev operates within the gold MLM area of interest.
As per the corporate’s web site, My Gold Rev is headed up by Connor Robert.
There’s a large query mark over whether or not Connor Robert really exists.
Solely Telegram and Whatsapp contact particulars are offered for Robert.
Robert (proper) has no digital footprint exterior of My Gold Rev, and images offered on My Gold Rev’s web site look like actors.
When you want proof of this, look no additional than Connor Robert’s My Gold Rev workplace tour.
It appears My Gold Rev had “New York wiseguy” in thoughts when casting Robert.
My Gold Rev offers three company addresses on its web site; one within the US, one within the UK and one in Hong Kong.
Given Connor Robert doubtless doesn’t exist, it’s extremely possible that none of those addresses have something to do with My Gold Rev.
As at all times, if an MLM firm will not be brazenly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
My Gold Rev’s Merchandise
My Gold Rev has no retailable services or products, with associates solely capable of market My Gold Rev affiliate membership itself.
My Gold Rev’s Compensation Plan
My Gold Rev associates make investments funds on the promise of marketed returns.
- Bundle 1 – make investments $20 to $10,000 and obtain a 260% ROI after 80 days
- Bundle 2 – make investments $10,001 to $50,000 and obtain a 365% ROI after 90 days
- Bundle 3 – make investments $50,001 to $100,000 and obtain a 450% ROI after 100 days
A ten% referral fee is paid on funds invested by personally recruited associates.
My Gold Rev additionally fees a ten% charge on any withdrawal requests.
Residual Commissions
My Gold Rev pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary group, cut up into two sides (left and proper):
The primary degree of the binary group homes two positions. The second degree of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary group are crammed through direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary group can develop.
On the finish of every day My Gold Rev tallies up new funding quantity on either side of the binary group.
Associates are paid 10% of matched funds.
As soon as quantity is paid out on it’s flushed. Any leftover quantity on the stronger binary group aspect carries over into the next day.
Becoming a member of My Gold Rev
My Gold Rev affiliate membership is free.
Full participation within the hooked up revenue alternative nevertheless requires a minimal $20 funding.
Conclusion
My Gold Rev claims to generate exterior ROI income through gold associated actions.
Our imaginative and prescient is long run which is backed up by Gold buying and selling, mining and investing in numerous funds and actions.
Naturally there’s no proof of this offered. Moreover, My Gold Rev’s enterprise mannequin fails the Ponzi logic check.
If the nameless admins behind My Gold Rev have been able to producing a constant 450% ROI each 100 days, what do they want your cash for?
Even a modest funding compounded at this fee will place them among the many richest people on the planet briefly time.
The truth of My Gold Rev is that it’s a Ponzi scheme.
Associates make investments, My Gold Rev makes use of these funds to pay current associates, and when recruitment slows down the scheme collapses.
The maths behind Ponzi schemes ensures that when My Gold Rev collapses, nearly all of associates will lose cash.