In response to its web site, We Share Abundance is
owned by Graham Body & Rosa Body who’re the authorized house owners and in addition commerce as Success Life.
On Fb Graham Body (proper) goes by “Graham Ernest Body”. His profile location in Tattershall, a village in Lincolnshire, UK.
Previous to launching We Share Abundance earlier this 12 months, Body was advertising the All In One Earnings gifting scheme.
Success Life is a rip-off feeder operated by Body.
At present the web site funnels potential victims into Westland Storage, Crypto 300 and Tiki Revenue. All three are Ponzi schemes.
Body first appeared on BehindMLM’s radar in 2013, via his Empower Community feeder SimpleFastCash.
In 2016 Body resurfaced with Classifieds That Pay, a $5 a pop pyramid scheme.
Learn on for a full overview of We Share Abundance’s MLM alternative.
We Share Abundance’s Merchandise
We Share Abundance has no retailable services or products, with associates solely capable of market We Share Abundance affiliate membership itself.
We Share Abundance’s Compensation Plan
We Share Abundance associates make investments funds on the promise of marketed day by day returns.
- Pool 1 – make investments $2.50 and obtain 10 cents a day
- Pool 2 – make investments $3.75 and obtain 25 cents a day
- Pool 3 – make investments $6.25 and obtain 50 cents a day
- Pool 4 – make investments $12.50 and obtain $1 a day
- Pool 5 – make investments $25 and obtain $2 a day
- Pool 6 – make investments $75 and obtain $5 a day
Notice that Swimming pools have to be invested in sequential order. We Share Abundance additionally requires associates to login day by day to obtain returns.
There doesn’t look like any time period limits on We Share Abundance funding.
Referral Commissions
We Share Abundance associates obtain a ten% fee on funds invested by personally recruited associates.
Matrix Commissions
Everybody with an funding place in We Share Abundance is positioned randomly right into a matrix every month.
There are six matrices, corresponding with We Share Abundance’s six funding tiers.
An instance offered by Graham Body in a We Share Abundance advertising video suggests the corporate makes use of a 5xx matrix construction.
That’s an open-ended 5 by X matrix, sized relying on what number of positions there are in an funding tier.
Matrix commissions paid out are tied to ranges of the matrix. On the finish of every month each affiliate with an funding place is positioned randomly in a corresponding matrix tier.
E.g. everybody who has invested in Pool 2 will obtain a randomized place within the corresponding Pool 2 5xx matrix.
Particular percentages per matrix degree aren’t offered.
Examples offered by Body in We Share Abundance advertising recommend a share of funds invested for the month are used:
Becoming a member of We Share Abundance
Becoming a member of We Share Abundance is tied to a minimal $2.50 funding.
Full participation in We Share Abundance prices $125.
We Share Abundance associates who make investments $125 inside 48 hours of signing up obtain $25 again in WESA tokens.
Replace twenty ninth January 2021 – We Share Abundance has launched a compulsory $10 month-to-month charge.
Conclusion
We Share Abundance is a straightforward Ponzi scheme.
Associates make investments funds and are paid day by day returns with subsequently invested funds.
The matrix facet of the compensation plan is a possible ROI bonus every month, additionally paid out of invested funds.
Internally We Share Abundance tracks funding with WESA tokens, which Graham Body generates on demand at little to no price.
Precise returns are solely realized when associates put in WESA token withdrawal requests.
We Share Abundance pays out stated requests so long as there’s sufficient new funding to cowl withdrawals.
When withdrawals exceed new funding, We Share Abundance will enter the inevitable Ponzi deficit.
From there the deficit will improve till We Share Abundance inevitably collapses.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of traders lose cash.
For proof of this one want solely have a look at the Ponzi schemes Body has promoted up to now.
Replace twenty ninth October 2020 – We Share Abundance is utilizing KYC to limit affiliate withdrawal requests.
Victims of the Ponzi scheme are additionally being funneled into Ash Mufareh’s OnPassive pyramid scheme.
Replace fifteenth December 2020 – Graham Body has introduced new WSA affiliate traders are banned from withdrawing for six months.
Replace twenty ninth January 2021 – In an ongoing effort to recapture funds misplaced to withdrawals, WSA has launched a compulsory $10 month-to-month charge.
Replace ninth April 2021 – As of April 2021 We Share Abundance has deserted its WESA token Assured Minimal Worth.
Replace nineteenth Might 2021 – We Share Abundance has collapsed. Graham Body has introduced a Wesa Coin reboot.