OneLink offers no info on its web site about who owns or runs the corporate.
OneLink’s web site area (“onelinknetwork.com”) was privately registered on March fifth, 2020.
For these following the OneCoin Ponzi saga, it’s an open secret that former OneLife “Captain” Simon Le is behind OneLink.
You’ll find Le on YouTube internet hosting OneLink advertising displays:
Simon Le (precise title Le Quoc-Hung) is believed to have joined OneCoin at or across the firm’s launch.
Le is primarily chargeable for recruitment of OneCoin victims in Vietnam.
Throughout OneCoin’s run Le was a outstanding prime earner within the firm. After CEO Konstantin Ignatov’s arrest early final yr, OneCoin all however got here to a grinding halt.
What was left of OneCoin promoted Le to Captain of OneLife on or round December 2019.
All through December 2019, Le continued to solicit funding into OneCoin:
Though OneLink’s web site area wasn’t registered until March 2020, Le needed to have begun planning his new enterprise whereas nonetheless at OneCoin.
Le resigned as OneLife’s Captain in early April, roughly a month after he registered OneLink’s web site area.
Over the course of his six years selling the Ponzi scheme, how a lot Le stole from OneCoin victims is unknown.
Le is believed to be hiding out in both Vietnam or Dubai, neither of which have an extradition treaty with the US.
Learn on for a full evaluate of OneLink’s MLM alternative.
OneLink’s Merchandise
OneLink has no retailable services or products, with associates solely in a position to market OneLink affiliate membership itself.
OneLink’s Compensation Plan
OneLink associates make investments the tether cryptocurrency (USDT) in OLX factors:
- OS100 – make investments $100 in USDT and obtain 250 OLX
- OS500 – make investments $500 in USDT and obtain 1375 OLX
- OS1000 – make investments $1000 in USDT and obtain 2875 OLX
- OS3000 – make investments $3000 in USDT and obtain 9000 OLX
- OS5000 – make investments $5000 in USDT and obtain 15,625 OLX
Commissions are paid after they recruit others who do the identical.
OneLink Affiliate Ranks
There are seven affiliate ranks inside OneLink community’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Silver – generate $7000 in whole downline funding
- Gold – generate $10,000 in amassed weaker binary crew leg funding, $40,000 in whole downline funding and have two Silver ranked associates in your downline
- Platinum – spend money on a OS5000 package deal, generate $40,000 in amassed weaker binary crew leg funding, $80,000 in whole downline funding and have three Gold ranked associates in your downline
- Diamond – generate $80,000 in amassed weaker binary crew leg funding, $200,000 in whole downline funding and have three Platinum ranked associates in your downline
- Blue Diamond – generate $200,000 in amassed weaker binary crew leg funding, $500,000 in whole downline funding and have 4 Diamond ranked associates in your downline
- Black Diamond – generate $500,000 in amassed weaker binary crew leg funding, $1,500,000 in whole downline funding and have 5 Blue Diamond ranked associates in your downline
- Crown Diamond – generate $1,500,000 in amassed weaker binary crew leg funding, $8,000,000 in whole downline funding and have six Black Diamond ranked associates in your downline
Recruitment Commissions
OneLink associates obtain 10% of funds invested by personally recruited associates.
Residual Commissions
OneLink pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary crew, break 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 stuffed through direct and oblique recruitment of associates. Be aware there isn’t any restrict to how deep a binary crew can develop.
On the finish of every day OneLink tallies up new funding quantity on either side of the binary crew.
Associates are paid 10% of funds generated on their weaker binary crew facet.
As soon as paid out on, quantity is matched on the stronger binary crew facet and flushed. Any leftover quantity on the stronger facet is carried over.
Matching Bonus
OneLink pays a Matching Bonus on residual commissions earned by downline associates.
The Matching Bonus is paid out through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime 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.
OneLink caps payable unilevel crew ranges at eight.
What number of ranges an affiliate earns the Matching Bonus on is set by how a lot they’ve invested:
- OS500 tier associates earn a ten% match on degree 1 (personally recruited associates)
- OS1000 tier associates earn a ten% match on degree 1 and 5% on ranges 2 and three
- OS3000 tier associates earn a ten% match on degree 1 and 5% on ranges 2 to five
- OS5000 tier associates earn a ten% match on degree 1 and 5% on ranges 2 to eight
Rank Achievement Bonus
OneLink associates obtain the next Rank Achievement Bonuses:
- qualify as a Gold and obtain $600
- qualify as a Platinum and obtain $650
- qualify as a Diamond and obtain a “Diamond Journey”
- qualify as a Blue Diamond and obtain a Rolex watch
- qualify as a Black Diamond and obtain a gold Rolex watch
- qualify as a Crown Diamond and obtain a “particular reward”
Becoming a member of OneLink
OneLink affiliate membership prices $40 in USDT and an preliminary $100 to $5000 USDT.
There’s a free membership possibility obtainable nonetheless this has nothing to do with the MLM alternative.
Conclusion
Simon Le obtained into OneCoin again in 2014, fairly near launch.
Like the remainder of the OneCoin scammers who’ve jumped ship, Le made most of his cash recruiting victims throughout 2014 to 2017.
In January 2017 the Ponzi backend of OneCoin collapsed. Pyramid recruitment continued however with out Ponzi returns was a fraction of OneCoin’s 2014-2017 period.
OneLink is basically Simon Le attempting to recapture OneCoin’s heyday, with him on the helm as an alternative of Ruja Ignatova.
Ignatova went into hiding in late 2017 and is believed to have fled with 500 million euros of stolen OneCoin investor funds.
No matter Le managed to steal by means of pyramid recruitment and ROI withdrawals throughout his time at OneCoin, is unlikely to come back wherever near that.
And so right here we’re.
To essentially drive dwelling OneLink being a Ponzi clone, listed below are the Ponzi part equivalents:
- One Academy (OneCoin’s schooling package deal nonsense) –> OneLink’s OneSchool
- DealShaker (OneCoin’s Ponzi factors ecommerce platform) –> OneLink’s OneMall
- OneForex (OneCoin’s failed foreign currency trading platform) –> OneLink’s OneTrading
- One World Basis (OneCoin’s charity scheme) –> OneLink’s OneLove
It appears Le is increasing the Ponzi steady with OneEntertainment, which apparently offers “a brand new world of media”. No matter meaning.
Oh and in the event you’re one in every of Le’s OneCoin victims, he’s obtained a secret “unique program” to pitch you on:
If I’m studying that chart proper, OneCoin victims can apply to obtain as much as 24,375 OLX factors per OneLife account that they had. Simply hand over more cash to Le.
Had OneLink of been something however a OneCoin clone, I’d go into extra element. However you already understand how this ends.
Simon Le makes much more cash. Victims that comply with him from one Ponzi scheme to a different additionally lose more cash.
And on the finish of the day, the remainder of us watch on and surprise how gullible morons proceed to fall for this rubbish.
Although it was blatantly apparent OneCoin was a Ponzi scheme again in 2014, I may give you a go for falling for the hype in its first few years.
However six years on… actually?
Up to now the US hasn’t gone after prime promoter earners in OneCoin. By launching his personal Ponzi clone although, Le elevates himself to an government insider.
Sadly be it Dubai, Vietnam or another hidey-hole, don’t rely on authorities exterior the US doing something.
That’s each earlier than you make investments and after you’ve misplaced cash in OneLink. You’re by yourself.