OmegaPro Foreign exchange gives no info on its web site about who owns or runs the corporate.
OmegaPro Foreign exchange’s web site area (“omegaproforex.com”) was privately registered on February eighth, 2021.
In an try to seem legit, OmegaPro Foreign exchange represents it’s integrated within the UK as OmegaPro LTD.
An MLM firm working or claiming to function out of the UK is a purple flag.
UK incorporation is dust low cost and successfully unregulated. On high of that the FCA, the UK’s high monetary regulator, don’t actively regulate MLM associated securities fraud.
In consequence the UK is a well-liked jurisdiction for scammers trying to incorporate, function and promote fraudulent corporations.
For the aim of MLM due-diligence, incorporation within the UK or registration with the FCA is meaningless.
As at all times, if an MLM firm isn’t overtly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
OmegaPro Foreign exchange’s Merchandise
OmegaPro Foreign exchange has no retailable services or products.
Associates are solely in a position to market OmegaPro affiliate membership itself.
OmegaPro Foreign exchange’s Compensation Plan
OmegaPro Foreign exchange associates make investments $50 to $250,000 on the promise of marketed returns, both:
- 2% a day for 40 days (180%); or
- 145% after 20 days.
Referral Commissions
OmegaPro Foreign exchange pays referral commissions on invested funds through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned straight underneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
OmegaPro Foreign exchange caps normal referral commissions down three unilevel crew ranges.
Commonplace referral commissions are paid as a share of funds invested throughout these three ranges as follows:
- stage 1 (personally recruited associates) – 7%
- stage 2 – 3%
- stage 3 – 1%
OmegaPro Foreign exchange associates who qualify as Representatives earn referral commissions throughout 4 unilevel crew ranges:
- stage 1 – 10%
- stage 2 – 4%
- stage 3 – 2%
- stage 4 – 1%
Be aware that OmegaPro Foreign exchange don’t present Consultant qualification standards.
Becoming a member of OmegaPro Foreign exchange
OmegaPro Foreign exchange affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $50 funding.
OmegaPro Foreign exchange solicits funding in dogecoin, bitcoin, litecoin and USD by way of Payeer and Good Cash.
OmegaPro Foreign exchange Conclusion
Regardless of its identify, OmegaPro Foreign exchange represents it generates exterior income through “crypto buying and selling”.
Our Firm managed to completely implement the duties set earlier than it and develop algorithms for profitable actions in any state of affairs.
With the assistance of distinctive strategies of doing enterprise and well-coordinated cooperation of all our workers, we’ve repeatedly elevated our earnings in a brief time period, which is proved by a optimistic share of lively transactions – greater than 85%.
No proof of OmegaPro Foreign exchange partaking in buying and selling exercise is supplied. Neither is there any proof of OmegaPro Foreign exchange utilizing exterior income of any form to pay affiliate withdrawals.
Not withstanding anybody in a position to legitimately generate 2% a day would preserve it to themselves.
Because it stands, the one verifiable income getting into OmegaPro Foreign exchange is new funding.
Utilizing new funding to pay returns makes OmegaPro Foreign exchange a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve OmegaPro Foreign exchange of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of members lose cash.
Replace thirtieth March 2022 – OmegaPro foreign exchange has collapsed.
I’m undecided precisely when however the firm’s web site has been pulled and the area parked.