Ollorun operates within the cryptocurrency MLM area of interest.
The corporate represents it’s integrated and based mostly out of the UK. To that finish Ollorun Community Restricted was integrated within the UK on June tenth, 2020.
UK incorporation is dust low cost and successfully unregulated. It’s a favored jurisdiction for scammers trying to incorporate dodgy corporations.
For the aim of performing MLM due-diligence, UK incorporation is meaningless.
Heading up Ollorun is founder Serge Maurice Lobreau.
BehindMLM got here throughout Lobreau via the failed Flash4People Ponzi scheme.
In a nutshell FlashMoni ran an ICO for OZT tokens in 2018, purportedly elevating $72 million.
Meant solely to supply cash to Lobreau and his associate Mru Patel (now an Ollorun “Community Associate”), after its ICO OZT flopped and adopted the acquainted “sorry on your loss” cryptocurrency trajectory.
By Flash4People, Lobreau had hoped to resurrect OZT as OZTG, and rip-off much more cash out of individuals. These plans nonetheless fell via as a result of scammer infighting.
Previous to launching FlashMoni Lobreau was a outstanding promoter of the GetEasy Ponzi scheme.
Lobreau is predicated out of France which, versus the UK, is the place Ollorun is being operated from.
Learn on for a full evaluate of Ollorun’s MLM alternative.
Ollorun’s Merchandise
Ollorun associates are in a position to buy private care merchandise via numerous bundle tiers:
- White & White – €149 EUR
- Slim & Bum – €199
- Ceaselessly Younger – €399 EUR
- My Every day Magnificence – €499
Ollorun additionally runs an internet storefront, via which non-branded private care merchandise may be bought.
Whether or not that is a part of the corporate’s MLM alternative is unclear.
Ollorun’s Compensation Plan
Ollorun associates make investments USDT in OZTG, on the illustration of future passive earnings.
Observe that quoted Ollorun funding quantities are in euro:
- Customary – €126 EUR
- Silver – €335 EUR
- Premium – €620 EUR
- Platinum – €1250 EUR
Presumably there’s some backoffice conversion in some unspecified time in the future, as Ollorun at the moment lists an inside OZTG worth of 0.137 USDT.
As acknowledged on Ollorun’s web site;
Select your WEALTH bundle: Customary, Silver, Premium, Platinum.
Select the interval of “Locking” 30 / 90 / 180 / 360 days.
Obtain “Rewards” every single day!
“Rewards” are presumably paid in OZTG tokens. Returns are cashed out via an inside OJA alternate, at regardless of the present inside worth is.
Recruitment Commissions
Ollorun associates are paid as much as 30% of gross sales quantity (BV) generated by funding by personally recruited associates.
30% on the price of the non-public care bundle purchases can be paid out as a recruitment fee.
BV throughout Ollorun’s funding and private care packages is as follows:
- Customary – 70 BV
- White & White – 75 BV
- Slim & Bum – 100 BV
- Silver – 150 BV
- Ceaselessly Younger – 200 BV
- My Every day Magnificence – 250 BV
- Premium – 300 BV
- Platinum 600 BV
Residual Commissions
Ollorun pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary crew, cut 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 crammed by way of direct and oblique recruitment of associates. Observe there isn’t a restrict to how deep a binary crew can develop.
On the finish of every week Ollorun tallies up new BV generated on either side of the binary crew.
Residual commissions are paid as 10% of BV generated on the weaker binary crew facet, capped at €8 million EUR every week.
Observe that to qualify for residual commissions, an Ollorun affiliate should recruit two associates who’ve invested in/bought a bundle (one positioned on both facet of the binary crew).
Residual Commissions Matching Bonus
Ollorun pays a Matching Bonus on residual commissions earned by downline associates.
The residual commissions Matching Bonus is paid out by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned instantly underneath 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.
Ollorun caps the residual commissions Matching Bonus at ten unilevel crew ranges.
The Matching Bonus is paid out as a share of residual commissions paid throughout these ten ranges as follows:
- degree 1 (personally recruited associates) 5%
- ranges 2 to eight – 5%
- degree 9 – 2%
- degree 10 – 1%
Quick Begin Bonus
Along with recruitment commissions detailed above, Ollorun additionally pays 10% of generated BV as a Quick Begin Bonus.
That is BV generated by personally recruited associates investing in or buying Ollorun packages.
A match on Quick Begin Bonuses is paid by way of the identical unilevel compensation construction because the residual commissions Matching Bonus (see above).
The Quick Begin Bonus matching bonus is paid throughout ten unilevel crew ranges, as a share of the ten% Quick Begin Bonus earned by associates on these ranges:
- degree 1 (personally recruited associates) – 5%
- degree 2 – 4%
- degree 3 – 3%
- degree 4 – 2%
- degree 5 – 1%
- degree 6 – 0.5%
- degree 7 – 0.1%
- degree 8 – 0.05%
- degree 9 – 0.02%
- degree 10 – 0.03%
Every day ROI Matching Bonus
Ollorun pays a Matching Bonus on day by day returns paid to downline associates.
The day by day ROI Matching Bonus is paid out once more via the ten-level deep unilevel crew:
- degree 1 (personally recruited associates) – 5%
- degree 2 – 4%
- degree 3 – 3%
- ranges 4 and 5 – 2%
- ranges 6 to 10 – 1%
World and Darkish Swimming pools
As acknowledged on Ollorun’s web site, the World and Darkish Swimming pools are paid ‘in accordance with your “Management Place”’
Qualification standards for the World Pool seems to be tied to Diamond and better rank qualification.
Darkish Pool qualification seems tied to Crown Diamond and Crown Ambassador rank qualification.
How the World and Darkish Swimming pools are paid out will not be specified. For rank qualification standards confer with “Rank Achievement Bonuses” under.
Rank Achievement Bonuses
Ollorun rewards associates with Rank Achievement Bonuses as follows:
- Sapphire – generate 6000 PGV and obtain a “smartphone”
- Ruby – generate 12,000 PGV and obtain a “MacBook Professional”
- Emerald – generate 24,000 PGV and obtain a Tesla
- Diamond – generate 96,000 PGV and obtain a “journey”
- Blue Diamond – generate 384,000 PGV and obtain a “supercar”
- Black Diamond – generate 1,536,000 PGV and obtain “1kg of 24 karat gold”
- Crown Diamond – generate 6,144,000 PGV and obtain a “luxurious home”
- Crown Ambassador – generate 24,576,000 PGV and obtain a “luxurious home”
Becoming a member of Ollorun
Ollorun affiliate membership is €29 EUR.
Full participation within the connected funding alternative requires an extra €126 to €1250 EUR funding (see conclusion under).
Conclusion
Serge Lobreau are sitting on a bunch of OZTG tokens they generated out of skinny air a couple of years in the past.
They wish to offload these nugatory tokens onto unsuspecting victims who pays them euros or USDT. Enter Ollorun.
In a nutshell, Ollorun is a Ponzi scheme wrapped up in ecommerce private care pseudo-compliance.
For the sake of due-diligence, we are able to ignore the non-public care facet of Ollorun utterly. It has nothing to do with nor justifies the funding facet of Ollorun.
New Ollorun associates are recruited and spend money on OZTG. Commissions are paid on funding, returns are paid in OZTG and withdrawals are cashed out by way of the inner OJA alternate.
That is your typical MLM Ponzi factors scheme.
It’s additionally price noting that whereas funding packages offered on Ollorun’s web site max out at a tame €1250, a €65,370 EUR funding tier is accessible via the ecommerce platform.
Ollorun associates make investments on the projection of future passive earnings, which constitutes a securities providing.
Neither Serge Lobreau or Ollorun are registered to supply securities in any jurisdiction. Which means that, at a minimal, Ollorun is committing securities fraud.
This has been an ongoing regulatory concern with FlashMoni because the OZT ICO launch in 2018.
Given virtually three years have handed since OZT’s early 2018 ICO, the one conclusion to attract is that Lobreau isn’t excited about working legally.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
This can starve Ollorun of ROI withdrawal income, ultimately prompting a collapse.
At that time Lobreau can both simply do a runner with what’s left of invested funds, or dump OZTG on some dodgy alternate after which disappear.
Both means, the vast majority of traders in Ponzi schemes are assured to lose cash.