Teqra’s web site area (“teqra.com”) was first registered in January 2018. The personal area registration was final up to date on November eleventh, 2020.
Perusal of Teqra’s web site area reveals it was dormant with an error message previous to the November 2020 replace.
This implies Teqra’s house owners bought the area in November 2020 from a earlier unrelated proprietor.
That is supported by Teqra’s official Fb web page solely having been created in November 2020.
Regardless of not present till a number of months in the past, on its web site Teqra falsely represents it was based by “Frederick Glaesser” in 2016.
On Teqra’s official YouTube channel, Glaesser is performed by this gentleman:
Regardless of the very Anglo-saxon sounding title, the actor enjoying Glaesser (spelt “Glaeser” within the video title) is dubbed over.
Horrendous speech cadence, rife with awkward pauses, is a giveaway that whoever he’s, the actor enjoying Glaesser isn’t a local English speaker.
Evidently whoever’s behind Teqra thought Glaesser was fully unconvincing too.
On February seventeenth Teqra changed the Glaesser with CFO Jan Haagen.
Haagen’s promotional video is your typical Boris CEO affair. Rented workplace, firm flags, co-actors pretending to be workplace employees… by now you already know the drill.
A spotlight of the video is Teqra’s “IT division” at [1:22], consisting of a bunch of actors watching HTML web site source-code (Chrome browser F11’ed to fullscreen).
Haagen isn’t dubbed over and speaks with a thick European accent. Naturally he doesn’t exist exterior of Teqra’s advertising and marketing video.
Curiously, Teqra signify Haagen’s advertising and marketing video was shot in Costa Rica.
On February twenty second nevertheless the corporate uploaded a video titled “Teqra opening of the Consulting Workplace within the metropolis Ulan Ude Russian Federation”.
The video includes a bunch of Russians using round in a rented limousine. It then cuts to what’s presumably the workplace opening.
Though their names aren’t offered, these two chuckleheads look like internet hosting the occasion:
Whether or not which means they’re operating Teqra or are simply one other layer of actors, who is aware of.
Tellingly, neither CEO Frederick Glaesser or Jan Haagen make an look within the workplace opening video.
In an try to look authentic, Teqra offers what seems to be a primary incorporation paperwork for “Teqra Holding Sociedad de Responsabilidad Limitada” in Costa Rica.
For the aim of MLM due-diligence, primary incorporation anyplace is meaningless. These paperwork must be ignored.
On the time of publication Alexa ranks the highest three sources of site visitors to Teqra’s web site as Pakistan (22%), Saudi Arabia (15%) and Vietnam (12%).
As all the time, if an MLM firm isn’t overtly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Teqra’s Merchandise
Teqra has no retailable services or products, with associates solely capable of market Teqra affiliate membership itself.
Teqra’s Compensation Plan
Teqra associates make investments USD, bitcoin or ethereum on the promise of marketed returns.
- Plan 1 – make investments $50 to $499, 0.002 to 0.029 BTC or 0.05 to 1 ETH and obtain 1.1% to 1.5% a day for 10 days
- Plan 2 – make investments $500 to $4999, 0.015 to 0.29999 BTC or 0.4 to 10.5 ETH and obtain 1.5% to 1.9% a day for 25 days
- Plan 3 – make investments $5000 to $49,999, 0.15 to 2.99999 BTC or 4 to 106 ETH and obtain 1.9% to 2.3% a day for 40 days
- Plan 4 – make investments $50,000 to $1,000,000, 1.5 to 57 BTC or 40 to 2127 ETH and obtain 2.3% to three% a day for 50 days
- VIP – make investments $500 to $1,000,000, 0.015 to 57 BTC, or 0.4 to 2127 ETH and obtain 2.7% to 4.5% a day for 60 days
- VIP Plus – make investments 50 to $1,000,000, 0.002 to 57 BTC or 0.12 to 2127 ETH and obtain 5% a day for 180 days
Referral Commissions
Teqra pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned immediately below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.
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.
Teqra caps payable unilevel staff ranges at twenty-seven.
Referral commissions are paid out as a share of funds invested throughout these ranges primarily based on rank:
- Supervisor (enroll as a Teqra affiliate) – 5% on stage 1 (personally recruited associates), 2% on stage 2 and 1% on ranges 3 to five
- Agent (generate $100,000 in downline funding quantity) – 6% on stage 1, 3% on stage 2, 2% on stage 3, 1% on ranges 4 to six and 0.5% on ranges 7 and eight
- Bronze Director (generate $500,000 in downline funding quantity) – 7% on stage 1, 4% on stage 2, 2% on ranges 3 to five, 1% on ranges 6 and seven and 0.5% on ranges 8 to 11
- Silver Director (generate $3,000,000 in downline funding quantity) – 8% on stage 1, 4% on stage 2, 2% on ranges 3 to five, 1% on ranges 6 to eight and 0.5% on ranges 9 to 14
- Gold Director (generate $10,000,000 in downline funding quantity) – 9% on stage 1, 5% on stage 2, 2% on ranges 3 to five, 1% on ranges 6 to 9 and 0.5% on ranges 10 to 17
- Platinum Director (generate $15,000,000 in downline funding quantity) – 10% on stage 1, 6% on stage 2, 3% on stage 3, 2% on ranges 4 to six, 1% on ranges 7 to 12 and 0.5% on ranges 13 to 22
- Diamond Director (generate $25,000,000 in downline funding quantity) – 12% on stage 1, 7% on stage 2, 3% on stage 3, 2% on ranges 4 to six, 1% on ranges 7 to 14 and 0.5% on ranges 15 to 27
Becoming a member of Teqra
Teqra affiliate membership is free.
Full participation within the connected earnings alternative nevertheless requires a minimal $50, 0.002 BTC or 0.05 ETH funding.
Conclusion
Teqra represents it generates exterior income by way of “on-line buying and selling”.
No proof of on-line buying and selling income, or every other supply of exterior income getting used to pay marketed returns is offered.
Teqra’s enterprise mannequin additionally fails the Ponzi logic check.
If Teqra’s nameless house owners have been truly able to legitimately producing 5% a day as marketed, what do they want your cash for?
Even a modest capital compounded at 5% a day would quickly flip right into a fortune.
Because it stands the one verifiable income coming into Teqra is new funding.
Utilizing new funding to pay a day by day return makes Teqra a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Teqra of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.
Replace ninth March 2021 – Teqra CFO Jan Haagen has been outed as Russian actor Georges Devdariani.
Replace twenty third Could 2021 – Teqra has collapsed.