Watford Corp has probably the most god terrible web site designs I’ve ever seen.
The positioning disabled vertical scroll in favor of horizontal scroll, leaving the consumer with no thought what they’re scrolling into.
If I wish to broaden one of many scroll subjects, a click on shouldn’t be sufficient. I’ve to sit down there like a twat and maintain down my mouse for what appears like an eternity.
Oh and naturally again and ahead button performance is disabled (once I hit again I used to be redirected to a black display).
Simply… horrible.
Heading up Watford Group is supposedly Richard Watford.
Richard Watford nevertheless doesn’t exist exterior of a bunch of press-releases uploaded in late November final 12 months.
The picture illustration of Watford (above) is a main candidate for a inventory picture or actor shoot. Watford showing in at the least one promo video recommend the latter.
Right here’s an awkward clip of the actor taking part in Watford studying off a script.
In distinction to “Watford’s” clearly British accent within the clip above, whoever is definitely behind Watford Corp doesn’t seem like a local English speaker.
Right here’s a verbatim instance of the awkward language utilized in Richard Watford’s company bio (which is after all as generic as they arrive);
My identify is Richard Watford. I’m Watford LLC founder.
I managed to achieve a hit, however my lengthy path was relatively exhausting.
I lastly managed to create an organization, meant to assist different folks to keep away from making errors by y trial and error, failure and victory.
Does Richard Watford, as represented by Watford Corp, truly exist? In all probability not.
On their web site Watford Corp claims to be “the biggest holding firm working within the USA”.
Watford Corp’s web site area wasn’t privately registered till July 2019.
Right here’s a record of a few of largest holding firms within the US. Naturally Watford Corp isn’t amongst them.
Watford Corp additionally claims to have an workplace in Seattle’s Columbia Heart (incorrectly referenced as “Columbia Tower”).
I extremely doubt Watford Corp has any US presence. On the off likelihood they’ve put in minimal effort although, Regus supply digital places of work at Columbia Heart.
In abstract, just about all the things introduced on Watford Corp’s annoying as hell to navigate web site is bogus.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Watford Corp’s Merchandise
Watford Corp has no retailable services or products, with associates solely capable of market Watford Corp affiliate membership itself.
Watford Corp’s Compensation Plan
Watford Corp associates make investments funds on the promise of weekly returns.
Watford Corp fail to reveal funding plans on their web site. The next is from a Watford Corp investor circa late January 2020.
- NMW Vitality Plan – make investments $120.37 or extra and obtain 5.98% every week
- Goldmine BMD Plan – make investments $117.91 or extra and obtain 6.1% every week
- EDV Recycling Plan – make investments $122.83 or extra and obtain 6.1% every week
- Marijuana Weight loss program Plan – make investments $119.05 or extra and obtain 6.04% every week
Referral Commissions
Watford Corp pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned instantly underneath 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.
Watford Corp caps payable unilevel crew ranges at ten.
Referral commissions are paid out as a share of funds invested throughout these ten ranges as follows:
- stage 1 (personally recruited associates) – 8%
- stage 2 – 5%
- ranges 3 to five – 3%
- ranges 6 to eight – 2%
- ranges 9 and 10 – 1%
Becoming a member of Watford Corp
Watford Corp affiliate membership seems to be free.
Full participation within the connected revenue alternative requires a minimal ~$117 funding.
Conclusion
Watford Corp’s funding plans correspond to imaginary companies they’ve created.
Take Marijuana Weight loss program for instance, which supposedly operates from “marijana-diet.com”.
For starters we will see the Marijuana Weight loss program web site defaults to French. Bit odd for an American firm with a British actor CEO no?
Marijuana Weight loss program’s web site area was first registered in 2018. It seems to have been parked till late 2019, whereby the present web site was uploaded (Wayback Machine).
Regardless of solely having a web site up for a couple of months and an Alexa rating of 5.7 million (fully lifeless), Marijuana Weight loss program claims to have offered 47,413 merchandise and generated virtually 1 / 4 of one million {dollars} in revenue.
Riiiiiiiiiigh…..t.
I didn’t waste my time wanting into Watford Corp’s different bullshit firms as a result of… nicely, they’re bullshit.
Past average effort to arrange a horrible web site and rent some fats man from the UK, Watford Corp is your typical MLM Ponzi scheme.
Even when we indulge the “largest holding firm within the US” narrative, Watford Corp’s passive funding alternative constitutes a safety.
Securities within the US are regulated by the SEC, and Watford Corp is after all not registered with the SEC.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
This can starve Watford Corp of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of buyers lose cash.
Replace thirtieth September 2020 – Watford Corp has collapsed.
The corporate’s nameless admins have pulled what seems to be a pretend regulatory shutdown exit-scam.