Validus popped up on my radar on account of its latest acquisition of AuLives.
AuLives being a Ponzi scheme, launched by former OneCoin scammers in mid 2018.
At time of publication Alexa ranks site visitors to AuLives’ web site as “N/A”, i.e. too small to measure.
What we take away from that is AuLives collapsed a while in the past. AuLives’ official Fb web page was deserted in November 2019.
What Validus in actual fact bought was the AuLives affiliate investor database.
One final money seize by AuLives founders Parwiz Daud and Mansour Tawafi.
There’s no point out of Parwiz Daud on Validus’ web site or social media channels.
Frank Ricketts signed on for a quick stint as CEO of AuLives. Ricketts is at present on trial for OneCoin cash laundering in Germany, so there’s no point out of him both.
Mansour Tawafi nonetheless has signed on as Validus’ “new VP of gross sales”.
Wait a minute… pre-launch name?
Validus’ web site area was registered on June fifteenth, 2021. The corporate created its official Fb web page on June sixteenth.
There’s nothing “prelaunch” about Validus. The corporate has been advertising and marketing for seven months.
A few month after it launched, Validus featured its CEO in a advertising and marketing video. A month later, in August, the CEO was launched as “Howard Pal”.
Pal has a finance advertising and marketing historical past. Validus seems to be his first MLM gig.
Evidently Pal’s finance profession didn’t work out. So he relocated to Dubai and right here we’re with Validus.
I’d be very stunned if Pal was truly behind Validus.
Replace third February 2022 – Parwiz Daud has crawled out of Dubai’s shadows. He’s appointed himself Validus’ Chief Community Officer.
Seeing as Daud half owns the corporate undecided why the facade however hey. It’s what it’s. /finish replace
Alexa at present ranks Nigeria as the one notable supply of site visitors to Validus’ web site (93%).
Learn on for a full evaluate of Validus’ MLM alternative.
Validus’ Merchandise
Validus has no retailable services or products.
Associates are solely in a position to market Validus affiliate membership itself.
Validus’ Compensation Plan
Validus associates make investments funds on the promise of an marketed 300% ROI, paid over 60 weeks.
Validus solicits funding via packages, starting from $50 to $10,000:
- TP50 – $50
- TP100 – $100
- TP250 – $250
- TP500 – $500
- TP1000 – $1000
- TP3000 – $3000
- TP5000 – $5000
- TP10000 – $10,000
Though the above quantities are in USD, Validus solicits funding in bitcoin, ethereum, tron and TRC-20.
Withdrawal Restrictions
Validus solely pays out 70% of withdrawal requests when made.
The opposite 30% is paid out at a price of 10% month-to-month for twelve months (efficient 120% payout).
Validus Affiliate Ranks
There are 9 affiliate ranks inside Validus’ compensation plan.
Together with their respective qualification standards, they’re as follows:
- Jade – recruit and preserve two affiliate traders and generate $2000 in downline funding quantity (cut up $1000/$1000 throughout the binary crew)
- Pearl – preserve two affiliate traders and generate $10,000 in downline funding quantity (cut up $5000/$5000 throughout the binary crew)
- Sapphire – preserve two affiliate traders and generate $40,000 in downline funding quantity (cut up $20,000/$20,000 throughout the binary crew)
- Ruby – preserve two affiliate traders and generate $160,000 in downline funding quantity (cut up $80,000/$80,000 throughout the binary crew)
- Emerald – recruit and preserve one Ruby on either side of the binary crew, and generate $500,000 in downline funding quantity (cut up $250,000/$250,000 throughout the binary crew)
- Diamond – recruit and preserve one Emerald on either side of the binary crew, and generate $1,500,000 in downline funding quantity (cut up $750,000/$750,000 throughout the binary crew)
- Blue Diamond – recruit and preserve three Diamonds (every in separate recruitment legs), and generate $4,000,000 in downline funding quantity (cut up $2,000,000/$2,000,000 throughout the binary crew)
- Black Diamond – recruit and preserve three Blue Diamonds (every in separate recruitment legs), and generate $8,000,000 in downline funding quantity (cut up $4,000,000/$4,000,000 throughout the binary crew)
- Crown Diamond – recruit and preserve three Crown Diamonds (every in separate recruitment legs), and generate $16,000,000 in downline funding quantity (cut up $8,000,000/$8,000,000 throughout the binary crew)
Referral Commissions
Validus pays associates a ten% referral fee on funds invested by personally recruited associates.
Validus caps referral commissions at $10,000 a day.
Residual Commissions
Validus pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary crew, cut up into two sides (left and proper):
The primary stage of the binary crew homes two positions. The second stage 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 stage housing twice as many positions because the earlier stage.
Positions within the binary crew are crammed through direct and oblique recruitment of associates. Observe there isn’t a restrict to how deep a binary crew can develop.
On the finish of every week Validus tallies up new funding quantity on either side of the binary crew.
Residual commissions are paid as 10% of fund matched on either side of the binary crew.
As soon as paid out, matched funds are flushed. Leftover quantity on the stronger binary crew facet carries over.
Observe that Validus caps residual commissions at as much as $35,000 per week.
Matrix Commissions
Validus makes use of a 3×12 matrix to pay a every day recruitment fee.
A 3×12 matrix locations an affiliate on the high of a matrix, with three positions straight below them:
These three positions kind the primary stage of the matrix. The second stage of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
Ranges three to 12 of the matrix are generated in the identical method, with every new stage housing 3 times as many positions because the earlier stage.
Associates are straight and not directly recruited into the matrix. Validus pays $1 per affiliate with an energetic funding each weekday.
To qualify for matrix commissions, a Validus affiliate will need to have invested at TP5000 or greater, and generated $15,000 in personally recruited downline funding quantity.
Rank Achievement Bonus
Validus rewards Sapphire and better ranked associates with the next one-time Rank Achievement Bonuses:
- qualify at Sapphire and obtain an Apple Watch Collection 7
- qualify at Ruby and obtain an iPhone 13
- qualify at Emerald and obtain a “Dubai retreat”
- qualify at Diamond and obtain a Rolex watch
- qualify at Blue Diamond and obtain a BMW 3 Collection
- qualify at Black DIamond and obtain a Mercedes-Benz E-Class
- qualify at Crown Diamond and obtain a Lamborghini Huracan
Becoming a member of Validus
Validus affiliate membership is tied to an preliminary $100 to $10,000 funding.
Upon receiving a 300% ROI, reinvestment is required with a purpose to proceed incomes.
Validus Conclusion
Validus represents it generates returns through foreign currency trading.
To that finish Harold Pal is offered as a buying and selling guru with thirty-years expertise:
This doesn’t add up. Certainly somebody able to buying and selling at 2.5% to three% per week with thirty years expertise has a god-tier nest egg by now?
As a substitute, the sum whole of Pal’s monetary profession is fronting one other Dubai MLM crypto Ponzi scheme.
Validus’ passive funding scheme constitutes a securities providing.
So as to function legally, Validus must register with monetary regulators.
Validus supplies no proof it has registered with monetary regulators in Nigeria or wherever else on the earth.
Validus doesn’t present any UAE registrations however observe any registration in Dubai is probably going fraudulent.
Dubai attracts scammers from all over the world resulting from lax regulation and minimal extradition treaties. The emirate is a hotbed for monetary fraud.
Because it stands the one verifiable income coming into Validus is new funding.
Utilizing new funding to pay affiliate withdrawals makes Validus a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Validus of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures nearly all of contributors lose cash.
Look no additional than AuLives’ quiet collapse to see this in motion.