TechVision’s web site offers no details about who owns or runs the corporate.
Regardless of claiming it was shaped in 2016, TechVision’s web site area registration was final up to date in July 2019.
That is possible when the present proprietor took possession of the area, as Alexa began monitoring visitors a number of months later in September.
Supporting that is the shell incorporation of the New Zealand firm TechVision Restricted on July twenty sixth, 2019.
Lengthy story quick, TechVision didn’t exist till July 2019.
Listed because the proprietor of TechVision’s web site area is Benjamin Lengyel, by way of an handle in Auckland, New Zealand.
Additional analysis reveals this handle really belongs to digital workplace service provider Regus.
Benjamin Lengyel doesn’t exist outdoors of TechVision’s advertising and marketing and what seems to be a not too long ago created LinkedIn profile.
Given this, it’s unlikely Lengyel exists outdoors of TechVision’s New Zealand shell incorporation.
Benjamin Lengyel is performed by what seems to be an actor in TechVision advertising and marketing materials.
The actor has a definite European accent, suggesting TechVision is actually a European firm pretending to function out of New Zealand.
The video Lengyel options in is the same old spotless workplace tour with “paid to look busy” extras.
In a single scene, a supposed “poker knowledgeable” whose purported to be “implementing (Techvision’s) software program”, is simply somebody pretending to learn a public web site and doodling with a pen.
One can safely assume what’s proven on the screens of TechVision’s different actor specialists is equally doctored content material.
As to the place TechVision is definitely being run from, one chance is the Netherlands.
Subsequent month TechVision is gearing as much as maintain its first “management summit” in Uden.
The “foremost visitor” of the occasion is Christel van Der Steen, credited as “the main growth chief of Techvision within the Netherlands”.
Van Der Steen’s accomplice (husband?) Ardy van Breugel can be credited as a Netherlands chief.
Van Der Steen’s LinkedIn profile joined TechVision in September 2019. Previous to Techvision Van Der Steen was selling the FutureNet and Cannerald Ponzi schemes.
Additionally attending TechVision’s management summit is “investor” Klemen Andlovec.
Andlovec started selling TechVision on YouTube 5 months in the past, which locations him additionally becoming a member of in September 2019.
All of this factors to TechVision possible being operated out of the Netherlands.
Learn on for a full evaluation of TechVision’s MLM alternative.
TechVision’s Merchandise
TechVision has no retailable services or products, with associates solely capable of market TechVision affiliate membership itself.
TechVision’s Compensation Plan
TechVision associates make investments funds on the promise of marketed returns.
Beneath are TechVision’s funding tiers, listed by maturity interval:
- First Step – make investments $75 to $525 and obtain 124% in 20 days
- Fast Step – make investments $2275 to $11,500 and obtain 145% in 30 days
- Fast Cash – make investments $13,250 to $23,250 and obtain 172% in 40 days
- Regular Job – make investments $25,000 to $55,000 and obtain 200% 50 days
- Fast Income – make investments $56,750 to $125,000 and obtain 232% in 60 days
- Main Stability – make investments $1000 to $75000 and obtain 224% in 80 days
- Main Foreign money – make investments $10,000 to $55,000 and obtain 272% in 85 days
- Main Income – make investments $70,000 to $150,000 and obtain 306% in 90 days
- Main Profitability – make investments $175,000 to $550,000 and obtain 360% in 100 days
- Compounding All-In – make investments $100,000 to $500,000 and obtain 993% in 190 days
- Compounding Income – make investments $50,000 to $99,999 and obtain 820% in 200 days
- Compounding Apps – make investments $15,000 to $49,999 and obtain 667% in 210 days
- Compounding Main – make investments $100 to $14,999 and obtain 584% in 220 days
TechVision pays returns Monday by way of Friday.
Referral Commissions
TechVision pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned instantly below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
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.
TechVision caps referral commissions down sixteen ranges of recruitment.
What number of ranges an affiliate can earn referral commissions down depends upon how a lot downline funding quantity they’ve generated:
- no requirement – 3% on degree 1 (personally recruited associates), 2% on degree 2 and 1% on ranges 3 to 7
- generate $50,000 in downline funding quantity – 4% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on ranges 4 to 9
- generate $500,000 in downline funding quantity – 5% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on ranges 4 to 11
- generate $5,000,000 in downline funding quantity – 6% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on ranges 4 to 13
- generate $50,000,000 in downline funding quantity – 7% on degree 1, 4% on degree 2, 3% on degree 3 and 1% on ranges 4 to 16
Becoming a member of TechVision
TechVision affiliate membership is free.
Participation within the hooked up revenue alternative nonetheless requires a minimal $75 funding.
Conclusion
TechVision guarantees affiliate traders “assured success”.
The Firm’s highly effective and always rising technical and software program and {hardware} useful resource, exhibiting unbelievable efficiency since 2015, mixed with a group of execs within the area of programming, investment-trading evaluation and betting, assure revenue for every TECHVISION Shopper.
No proof of TechVision’s software program or {hardware} sources exist. Neither is there any proof of exterior income of any form being really used to pay associates.
Moreover TechVision’s enterprise mannequin fails the Ponzi logic take a look at.
If the corporate’s homeowners had been capable of 124% each 20 days, even a modest capital quantity compounded would quickly explode.
Extra importantly, why promote entry to those unbelievable returns for simply $75?
On prime of all this TechVision is committing securities fraud.
TechVision markets a passive funding alternative, which for regulatory functions constitutes a securities providing.
Securities within the Netherlands and New Zealand are regulated by the AFM and Securities Fee of New Zealand respectively.
TechVision offers no proof it has registered with the AFM, Securities Fee of New Zealand or every other securities regulator.
Which means no matter anything, TechVision are illegally soliciting funding in each nation they function in.
Whereas the AFM are unlikely to do something apart from problem a warning, and New Zealand are irrelevant as TechVision doesn’t exist there outdoors of a shell incorporation, the identical isn’t true of their largest investor market.
On the time of publication Alexa estimates the US is the most important supply of visitors to TechVision’s web site (38%).
Securities within the US are tightly regulated by the SEC. And no, TechVision isn’t registered with the SEC both.
So why would a clearly European firm, pretending to be a New Zealand firm and soliciting funding primarily from the US choose to function illegally?
Because it stands the one verifiable income getting into TechVision is new funding.
Utilizing new funding to pay associates returns makes TechVision a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies off so too will new funding.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.