Quwiex gives no credible possession or govt data on its web site.
A go to to Quwiex’s official YouTube channel reveals this actor taking part in CEO “George Bennet”.
The actor taking part in Bennet speaks with an japanese European accent. He’s a strong Boris CEO candidate.
The advertising and marketing video itself is the standard affair; rented workplace, actors, Quwiex branded mugs and flags – you understand the drill.
Versus your typical Boris CEO, the actor taking part in Bennet would possibly really be in on the rip-off.
Replace 2nd Could 2022 – There was a hyperlink to a Quwiex webinar being hosted by Bennett right here.
As on the time of this replace, Quwiex has deleted that video. Consequently I’ve disabled the beforehand accessible hyperlink. /finish replace
Boris CEO schemes are sometimes the work of Russian or Ukrainian scammers. Over time they’ve change into much less efficient with potential English talking victims.
To that finish Alexa ranks high sources of site visitors to Quwiex’s web site as Algeria (28%), Egypt (16%) and Vietnam (15%).
In an try to look reliable, Quwiex represents it’s based mostly out of New Zealand.
The New Zealand handle offered on Quwiex’s web site belongs to Regus, a digital workplace service provider.
Evidently Quwiex has no ties to New Zealand.
This may be moreover verified by Quwiex’s Christmas video.
The video options Bennet edited right into a Zoom name. He then reads off a script, standing in entrance of a inexperienced display workplace Christmas celebration.
Extra importantly, the video was shot someplace within the northern hemisphere and encompasses a snowy panorama.
New Zealand is within the southern hemisphere. It’s effectively into summer season by the point Christmas rolls round.
The automobile in Quwiex’s Christmas video has Norwegian plates. Be aware nonetheless that these are simply faked. We noticed this with Viseming, one other Boris CEO rip-off that collapsed late final yr.
Quwiex’s web site area (“quwiex.com”), was registered on September fifteenth, 2021. George Bennet is listed because the proprietor, by the Regus digital workplace handle in New Zealand.
As all the time, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Quwiex’s Merchandise
Quwiex has no retailable services or products.
Associates are solely in a position to market Quwiex affiliate membership itself.
Quwiex’s Compensation Plan
Quwiex associates make investments tether (represented as USD), bitcoin or ethereum on the promise of marketed returns.
USD (tether) funding
- Kron Mild – make investments $20 to $499 and obtain 1% to 1.4% a day for 15 days
- Kron Max – make investments $500 to $2999 and obtain 1.4% to 1.7% a day for 25 days
- Kron Professional – make investments $3000 to $14,999 and obtain 1.7% to 2.1% a day for 35 days
- Evr Mild – make investments $15,000 to $49,999 and obtain 1.9% to 2.13% a day for 45 days
- Evr Max – make investments $50,000 to $249,999 and obtain 2.1% to 2.6% a day for 55 days
- Evr Professional – make investments $250,000 to $1,000,000 and obtain 2.4% to three% a day for 65 days
- Fort Max – make investments $20 to $49,999 and obtain 4% a day for 180 days
- Fort Professional – make investments $50,000 to $1,000,000 and obtain 5% a day for 180 days
Bitcoin funding
- Montae Mild – make investments 0.01 to 0.5 BTC nad reveive 2.2% to 2.8% a day for 100 days
- Montae Max – make investments 0.5 to five BTC and obtain 2.5% to three.1% a day for 100 days
- Montae Professional – make investments 5 to 25 BTC and obtain 2.8% to three.5% a day for 100 days
Ethereum funding
- Muntae Mild – Make investments 0.1 to 10 ETH and obtain 2.2% to 2.8% a day for 100 days
- Muntae Max – make investments 10 to 100 ETH and obtain 2.5% to three.1% a day for 100 days
- Muntae Professional – make investments 100 to 500 ETH and obtain 2.8% to three.5% a day for 100 days
The MLM facet of Quwiex pays on recruitment of affiliate traders.
Quwiex Affiliate Ranks
There are twelve affiliate ranks inside Quwiex’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Status I – join as a Quwiex affiliate
- Status II – generate $20,000 in downline funding quantity
- Status III – generate $80,000 in downline funding quantity
- Status IV – generate $200,000 in downline funding quantity
- Status V – generate $500,000 in downline funding quantity
- Status VI – generate $1,000,000 in downline funding quantity
- Status VII – generate $3,000,000 in downline funding quantity
- Status VIII – generate $7,000,000 in downline funding quantity
- Status IX – generate $15,000,000 in downline funding quantity
- Status X – generate $25,000,000 in downline funding quantity
- Status XI – generate $50,000,000 in downline funding quantity
- Status XII – generate $100,000,000 in downline funding quantity
Be aware that the above greenback quantities are calculated on USD equivalents of invested tether, bitcoin and ethereum.
Referral Commissions
Quwiex pays referral commissions 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 straight below 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.
Quwiex caps payable unilevel crew ranges at fifteen.
Referral commissions are paid out as a share of funds invested throughout these fifteen ranges based mostly on rank:
- Status I ranked associates earn 6% on stage 1 (personally recruited associates), 2% on stage 2 and 1% on ranges 3 and 4
- Status II ranked associates earn 7% on stage 1, 3% on stage 2 and 1% on ranges 3 to five
- Status III ranked associates earn 7% on stage 1, 3% on stage 2, 2% on stage 3 and 1% on ranges 4 to six
- Status IV ranked associates earn 8% on stage 1, 3% on stage 2, 2% on stage 3, 1.5% on stage 4, 1% on ranges 5 and 6 and 0.5% on stage 7
- Status V ranked associates earn 9% on stage 1, 3% on stage 2, 2% on ranges 3 and 4, 1% on ranges 5 and 6 and 0.5% on ranges 7 and eight
- Status VI ranked associates earn 9% on stage 1, 3% on stage 2, 2% on ranges 3 and 4, 1% on ranges 5 to 7 and 0.5% on ranges 8 and 9
- Status VIII ranked associates earn 9% on stage 1, 4% on stage 2, 2% on ranges 3 and 4, 1.5% on stage 5, 1% on ranges 6 to eight and 0.5% on ranges 9 to 11
- Status IX ranked associates earn 10% on stage 1, 4% on stage 2, 3% on ranges 3 and 4, 2% on stage 5, 1.5% on stage 6, 1% on ranges 7 to 10 and 0.5% on ranges 11 and 12
- Status X ranked associates earn 11% on stage 1, 5% on stage 2, 3% on ranges 3 and 4, 2% on ranges 5 to 7, 1% on ranges 8 to 10 and 0.5% on ranges 11 to 13
- Status XI ranked associates earn 12% on stage 1, 5% on stage 2, 4% on stage 3, 3% on stage 4, 2% on ranges 5 to 7, 1% on ranges 8 to 10 and 0.5% on ranges 11 to 14
- Status XII ranked associates earn 12% on stage 1, 6% on stage 2, 4% on stage 3, 2% on ranges 5 to 7 and 1% on ranges 8 to fifteen
Becoming a member of Quwiex
Quwiex affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal preliminary funding of $20 in tether, 0.01 BTC or 0.1 ETH.
Quwiex Conclusion
Quwiex is your typical Boris CEO Ponzi scheme. Its ruse of alternative is “one of the best crew of merchants”.
In 2021, our firm and our merchants performed greater than 540 000 profitable trades and made a revenue, that is our proof that our buying and selling methods deliver success not solely to us, but in addition to our shoppers, and we’re all the time engaged on and enhancing it.
There isn’t a proof of Quwiex participating any buying and selling exercise.
There’s no proof of Quwiex producing exterior income interval.
Moreover, Quwiex’s passive returns MLM alternative constitutes a securities providing.
This requires Quwiex to register with monetary regulators, which it once more gives no proof of.
Which means at a minimal, Quwiex is committing securities fraud.
On the finish of the day anybody with a buying and selling bot able to placing out 5% a day isn’t promoting you entry to it. They’d preserve it to themselves.
Make investments a small capital, run the bot, compound earnings and retire because the richest particular person on the planet in just a few years.
As a substitute we actors in Ukraine/Russia and securities fraud.
As with all MLM Ponzi schemes, when Quwiex affiliate recruitment dries up so too will new funding.
This can starve Quwiex of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of individuals lose cash.
Replace thirteenth April 2022 – New Zealand has confirmed Quwiex is committing securities fraud there.
In response to being caught out, Boris CEO George Bennet has introduced Quwiex will rebrand as Quwiex World.
Replace twentieth April 2022 – Quwiex has collapsed.