Torexo Finance gives no info on its web site about who owns or runs the corporate.
In truth as I write this, Torexo Finance’s web site is nothing greater than an expired launch timer.
An official Torexo Finance advertising and marketing presentation cites “Leonardo Santoro” as founding father of the corporate.
Santoro doesn’t exist exterior of Torexo Finance’s advertising and marketing materials. He’s additionally depicted towards a greenscreen backdrop of a digital workplace, making him a first-rate Boris CEO candidate.
Torexo Finance’s web site area (“torexo.com”) was initially registered in 2018.
The personal registration was final up to date on Could seventh, 2021. That is possible when Torexo Finance’s homeowners took possession of the area.
That is supported by a search of the Wayback Machine, which reveals Torexo Finance’s web site area was on the market up till it was bought this month.
Regardless of not present till just a few weeks in the past, of their official advertising and marketing materials, Torexo Finance falsely claims;
The historical past of the Torexo firm started in 2016 when Leonardo Santoro created a staff of merchants and belief administration pool from a number of dozen shoppers.
If we have a look at the source-code of Torexo Finance’s web site, we are able to see HTML parts in Russian:
This strongly suggests Torexo Finance is being run by somebody from Russia or the Ukraine.
Supporting that is Alexa site visitors estimates, which peg the highest sources of site visitors to Torexo Finance’s web site as Russia (45%), Vietnam (15%) and the Ukraine (11%).
As all the time, if an MLM firm will not be brazenly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
Torexo Finance’s Merchandise
Torexo Finance has no retailable services or products.
Associates are solely in a position to market Torexo Finance affiliate membership itself.
Torexo Finance’s Compensation Plan
Torexo Finance associates make investments $50 to $1000 on the promise of a each day 0.4% to 2.2% ROI.
A bonus each day ROI charge of as much as 0.2% can also be accessible, based mostly on how a lot a Torexo Finance affiliate invests.
Torexo Finance’s official advertising and marketing presentation cites a 1% “anticipated each day charge of return on funding”.
Torexo Finance solicits funding in bitcoin, ethereum and tether.
Funding and returns are tracked internally by way of “Torexo Greenback” (TD), an inner factors based mostly system.
For the aim of funding and each day return calculation, 1 TD is the same as $1 USD.
Be aware that Torexo Greenback applies a 5% withdrawal price and a couple of% price on reinvestment.
Torexo Finance Affiliate Ranks
There are twenty affiliate ranks inside Torexo Finance’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Chief Junior 1 – generate $500 in accrued weaker binary staff quantity
- Chief Junior 2 – generate $1000 in accrued weaker binary staff quantity
- Chief Junior 3 – personally recruit one Chief Junior 1 and generate in accrued weaker binary staff quantity
- Chief Junior 4 – personally recruit one Chief Junior 2 and generate in accrued weaker binary staff quantity
- Chief Junior 5 – personally recruit one Chief Junior 3 and generate $10,000 in accrued weaker binary staff quantity
- Chief Center 1 – personally recruit one Chief Junior 3 and one Chief Junior 2, and generate $20,000 in accrued weaker binary staff quantity
- Chief Center 2 – personally recruit one Chief Junior 4 and one Chief Junior 3, and generate $35,000 in accrued weaker binary staff quantity
- Chief Center 3 – personally recruit one Chief Junior 5 and one Chief Junior 4, and generate $50,000 in accrued weaker binary staff quantity
- Chief Center 4 – personally recruit one Chief Supervisor 1 and one Chief Junior 5, and generate $100,000 in accrued weaker binary staff quantity
- Chief Center 5 – personally recruit one Chief Supervisor 2 and one Chief Supervisor 1, and generate $150,000 in accrued weaker binary staff quantity
- Chief Senior 1 – personally recruit one Chief Supervisor 2, one Chief Supervisor 1 and one Chief Junior 5, and generate $200,000 in accrued weaker binary staff quantity
- Chief Senior 2 – personally recruit one Chief Supervisor 3, one Chief Supervisor 2 and one Chief Supervisor 1, and generate $300,000 in accrued weaker binary staff quantity
- Chief Senior 3 – personally recruit one Chief Supervisor 4, one Chief Supervisor 3 and one Chief Supervisor 2, and generate $500,000 in accrued weaker binary staff quantity
- Chief Senior 4 – personally recruit one Chief Supervisor 5, one Chief Supervisor 4 and one Chief Supervisor 3, and generate $700,000 in accrued weaker binary staff quantity
- Chief Senior 5 – personally recruit one Chief Senior 1, one Chief Supervisor 5 and one Chief Supervisor 4, and generate $1,000,000 in accrued weaker binary staff quantity
- Prime Chief 1 – personally recruit one Chief Senior 1, one Chief Supervisor 5, one Chief Supervisor 4 and one Chief Supervisor 3, and generate $1,500,000 in accrued weaker binary staff quantity
- Prime Chief 2 – personally recruit one Chief Senior 2, one Chief Senior 1, one Chief Supervisor 5 and one Chief Supervisor 4, and generate $2,000,000 in accrued weaker binary staff quantity
- Prime Chief 3 – personally recruit one Chief Senior 3, one Chief Senior 2, one Chief Senior 1 and one Chief Supervisor 5, and generate $3,500,000 in accrued weaker binary staff quantity
- Prime Chief 4 – personally recruit one Chief Senior 4, one Chief Senior 3, one Chief Senior 2 and one Chief Senior 1, and generate $5,000,000 in accrued weaker binary staff quantity
- Prime Chief 5 – personally recruit one Chief Senior 5, one Chief Senior 4, one Chief Senior 3 and one Chief Senior 2, and generate $10,000,000 in accrued weaker binary staff quantity
Productiveness Index
Torexo Finance’s Productiveness Index both reduces or will increase earned commissions based mostly on downline funding standards.
- personally generate 0 to 50 energetic investments and obtain a 0.9x productiveness index
- personally generate 100 to 450 energetic investments and obtain a 0.91x productiveness index
- personally generate 500 to 950 energetic investments and obtain a 0.92x productiveness index
- personally generate 1000 to 1950 energetic investments and obtain a 0.93x productiveness index
- personally generate 2000 to 2950 energetic investments and obtain a 0.94x productiveness index
- personally generate 3000 to 3950 energetic investments and obtain a 0.95x productiveness index
- personally generate 4000 to 4950 energetic investments and obtain a 0.96x productiveness index
- personally generate 5000 to 5950 energetic investments and obtain a 0.97x productiveness index
- personally generate 6000 to 6950 energetic investments and obtain a 0.98x productiveness index
- personally generate 7000 to 7950 energetic investments and obtain a 0.99x productiveness index
- personally generate 8000 to 8950 energetic investments and obtain a 1x productiveness index
- personally generate 9000 to 9950 energetic investments and obtain a 1.01x productiveness index
- personally generate 10,000 to 10,950 energetic investments and obtain a 1.02x productiveness index
- personally generate 11,000 to 11,950 energetic investments and obtain a 1.03x productiveness index
- personally generate 12,000 to 12,950 energetic investments and obtain a 1.04x productiveness index
- personally generate 13,000 to 13,950 energetic investments and obtain a 1.06x productiveness index
- personally generate 14,000 to 14,950 energetic investments and obtain a 1.08x productiveness index
- personally generate over 15,000 energetic investments and obtain a 1.1x productiveness index
Torexo Finance’s compensation plan states the Productiveness Index is applies to “earned cash”.
Whether or not this contains the each day ROI is unclear.
Referral Commissions
Torexo Finance pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned immediately beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
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.
Torexo Finance cap payable unilevel staff ranges at 5.
Referral commissions are paid out as a proportion throughout these 5 ranges based mostly on how a lot a Torexo Finance affiliate has invested:
- make investments $100 to $950 and obtain 2% on degree 1 (personally recruited associates)
- make investments $1000 to $4950 and obtain 3% on degree 1 and 1% on degree 2
- make investments $5000 to $9950 and obtain 4% on degree 1, 2% on degree 2 and 1% on degree 3
- make investments $10,000 to $19,950 and obtain 5% on degree 1, 2% on degree 2, 1% on degree 3 and 0.5% on degree 4
- make investments $20,000 to $49,950 and obtain 5% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on degree 4
- make investments $50,000 to $99,950 and obtain 6% on degree 1, 3% on degree 2, 2% on degree 3, 1% on degree 4 and 0.5% on degree 5
- make investments $100,000 to $500,000 and obtain 6% on degree 1, 4% on degree 2, 3% on degree 3, 2% on degree 4 and 1% on degree 5
Residual Commissions
Torexo Finance pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary staff, cut up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are crammed through direct and oblique recruitment of associates. Be aware there isn’t any restrict to how deep a binary staff can develop.
Residual commissions are paid as a proportion of funds generated on an affiliate’s weaker binary staff facet.
Residual fee charges are calculated based mostly on rank:
- Chief Junior 1 – 4.5%
- Chief Junior 2 – 5%
- Chief Junior 3 – 5.5%
- Chief Junior 4 – 6%
- Chief Junior 5 – 6.5%
- Chief Center 1 – 7%
- Chief Center 2 – 7.5%
- Chief Center 3 – 8%
- Chief Center 4 – 8.5%
- Chief Center 5 – 9%
- Chief Senior 1 – 9.5%
- Chief Senior 2 – 10%
- Chief Senior 3 – 10.5%
- Chief Senior 4 – 11%
- Chief Senior 5 – 11.5%
- Prime Chief 1 – 12%
- Prime Chief 2 – 12.5%
- Prime Chief 3 – 13%
- Prime Chief 4 – 13.5%
- Prime Chief 5 – 14%
A bonus residual fee charge is added to above percentages if the next extra rank-based qualification standards is met:
- Chief Junior 1 who invests $100, generates $500 in personally recruited affiliate quantity and $2500 in downline quantity = +0.5%
- Chief Junior 2 who invests $200, generates $1000 in personally recruited affiliate quantity and $5000 in downline quantity = +1%
- Chief Junior 3 who invests $500, generates $2000 in personally recruited affiliate quantity and $10,000 in downline quantity = +1.5%
- Chief Junior 4 who invests $1000, generates $3500 in personally recruited affiliate quantity and $17,000 in downline quantity = +2%
- Chief Junior 5 who invests $1500, generates $5000 in personally recruited affiliate quantity and $25,000 in downline quantity = +2.5%
- Chief Center 1 who invests $2000, generates $7000 in personally recruited affiliate quantity and $35,000 in downline quantity = +3%
- Chief Center 2 who invests $2500, generates $10,000 in personally recruited affiliate quantity and $50,000 in downline quantity = +3.5%
- Chief Center 3 who invests $3000, generates $15,000 in personally recruited affiliate quantity and $75,000 in downline quantity = +4%
- Chief Center 4 who invests $4000, generates $20,000 in personally recruited affiliate quantity and $100,000 in downline quantity = +4.5%
- Chief Center 5 who invests $5000, generates $25,000 in personally recruited affiliate quantity and $125,000 in downline quantity = +5%
- Chief Senior 1 who invests $5000, generates $30,000 in personally recruited affiliate quantity and $150,000 in downline quantity = +5.5%
- Chief Senior 2 who invests $6500, generates $40,000 in personally recruited affiliate quantity and $100,000 in downline quantity = +6%
- Chief Senior 3 who invests $8000, generates $50,000 in personally recruited affiliate quantity and $300,000 in downline quantity = +6.5%
- Chief Senior 4 who invests $10,000, generates $65,000 in personally recruited affiliate quantity and $500,000 in downline quantity = +7%
- Chief Senior 5 who invests $15,000, generates $80,000 in personally recruited affiliate quantity and $750,000 in downline quantity = +8%
- Prime Chief 1 who invests $20,000, generates $100,000 in personally recruited affiliate quantity and $1,000,000 in downline quantity = +7.5%
- Prime Chief 2 who invests $35,000, generates $150,000 in personally recruited affiliate quantity and $1,500,000 in downline quantity = +8%
- Prime Chief 3 who invests $50,000, generates $200,000 in personally recruited affiliate quantity and $2,500,000 in downline quantity = +8.5%
- Prime Chief 4 who invests $70,000, generates $350,000 in personally recruited affiliate quantity and $500,000 in downline quantity = +9.5%
- Prime Chief 5 who invests $100,000, generates $500,000 in personally recruited affiliate quantity and $10,000,000 in downline quantity = +10%
Be aware that downline quantity is barely counted throughout 5 unilevel staff legs.
Rank Achievement Bonus
Torexo Finance rewards associates for qualifying on the Chief Junior 1 and better ranks as follows:
- qualify at Chief Junior 1 and obtain $50
- qualify at Chief Junior 2 and obtain $100
- qualify at Chief Junior 3 and obtain $150
- qualify at Chief Junior 4 and obtain $200
- qualify at Chief Junior 5 and obtain $250
- qualify at Chief Center 1 and obtain $300
- qualify at Chief Center 2 and obtain $400
- qualify at Chief Center 3 and obtain $550
- qualify at Chief Center 4 and obtain $750
- qualify at Chief Center 5 and obtain $1000
- qualify at Chief Senior 1 and obtain $1500
- qualify at Chief Senior 2 and obtain $2500
- qualify at Chief Senior 3 and obtain $4000
- qualify at Chief Senior 4 and obtain $6500
- qualify at Chief Senior 5 and obtain $10,000
- qualify at Prime Chief 1 and obtain $15,000
- qualify at Prime Chief 2 and obtain $20,000
- qualify at Prime Chief 3 and obtain $35,000
- qualify at Prime Chief 4 and obtain $50,000
- qualify at Prime Chief 5 and obtain $70,000
Becoming a member of Torexo Finance
Torexo Finance affiliate membership is free.
Full participation within the hooked up earnings alternative is tied to an preliminary $50 to $1000 funding.
Torexo Finance solicits funding in bitcoin, ethereum and tether.
Conclusion
Torexo Finance’s official YouTube channel was created on Could 4th, 2021. Its Fb web page was registered on Could twenty first.
A couple of days later the nice Boris CEO Ponzi collapse started, leading to at least six close to equivalent Ponzi schemes of Russian origin collapsing.
Rostex International, Twindax, Teqra, Mirollex, Onward Capital and Impero Options.
It’s believed these schemes are run by the identical criminals, or teams of criminals working collectively.
Torexo Finance seems to be a relaunch by the identical group of Russians.
I consider the unique plan would have seen Torexo Finance launch as deliberate final week.
Having to break down all their beforehand launched Ponzi schemes nevertheless, as a result of cryptocurrency crash, has now pushed again Torexo Finance’s launch.
Torexo Finance has all the Boris CEO components; an actor founder/CEO, Russian involvement and non-existent exterior income era.
One abnormality is the additional element put into Torexo Finance’s compensation plan – it’s just a little extra fleshed out over your typical Boris CEO two or three ranges of referral commissions affair.
In any occasion with no precise exterior income, Torexo Finance will collapse when recruitment dries up. Both that or one other crypto collapse.
Both method, the mathematics behind MLM Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.
Ought to sufficient gullible morons signal as much as lose cash, Torexo Finance’s advertising and marketing materials reveals a shit token exit-scam technique.
In July 2021 Torexo Finance will launch “Torexo Coin”. This launch will coincide with Torexo Greenback withdrawals being disabled.
Torexo Greenback balances will likely be transformed to Torexo Coin after which dumped on some dodgy alternate.
From there it’s the usual race to the underside. Torexo Coin plummets to $0, Torexo Finance’s web site disappears (if it hasn’t already) and sorry on your loss.