Diamond Reserve provide no information on their website about who owns or runs the business.
The Diamond Reserve website domain (“diamondreserve.net”) was registered on December 12th, 2017.
Keaton Brooks is listed as the owner, through a residential address in London, UK.
Brooks is also listed as the sole Director of Diamond Reserve Group Limited, a UK company incorporated on November 28th, 2017.
No information on Keaton Brooks in connection with Diamond Reserve exists outside of the domain registration and UK incorporation.
UK incorporation is dirt cheap and for the most part unregulated. It is a favorite for scammers looking to incorporate dodgy companies.
It is far more likely that whoever is running Diamond Reserve is of Russian nationality and based out of Europe.
This is supported by the first Diamond Reserve marketing video being narrated in Russian, Russian and English the only provided website languages, as well as Alexa pegging Russia as the top source of traffic to the Diamond Reserve website (23%).
Keaton Brooks, as represented by Diamond Reserve, is assumed not to be an actual person.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Diamond Reserve Products
Diamond Reserve has no retailable products or services, with affiliates only able to market Diamond Reserve affiliate membership itself.
The Diamond Reserve Compensation Plan
Diamond Reserve affiliates invest funds on the promise of an advertised ROI:
- Classic Plan – invest $10 to $10,000 and receive a 140% ROI after 20 days
- End Plan – invest $10 to $10,000 and receive a 115% ROI after 10 days
Diamond Reserve pay referral commissions on invested funds down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2%
- level 3 – 1%
If a Diamond Reserve affiliate opts to invest $200 and convince others to invest at least $2000, they qualify as a Representative.
Diamond Reserve Representative affiliates receive increased an increased 7% referral commission rate on level 1.
Joining Diamond Reserve
Diamond Reserve affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the Diamond Reserve MLM opportunity requires a minimum $10 investment.
Diamond Reserve claims to be a ‘topline producer and exporter of gem stones‘.
We are a dynamically developing company that has several focus areas: prospecting and exploration of deposits, organizing the diamond mining and adjusting export chains to different countries of the world.
Today DIAMOND RESERVE is a major player at the precious metals market.
The company started it activity in 2010 as a small private enterprise.
Putting aside the fact Diamond Reserve didn’t exist up until a few months ago, there is no evidence provided to verify any of the company’s claims.
Furthermore, Diamond Reserve’s business model fails the Ponzi logic test.
If Diamond Reserve’s anonymous owners were capable of generating a legitimate 140% ROI every 20 days, why share that revenue with randoms over the internet?
The only verifiable source of revenue entering Diamond Reserve is newly invested funds.
Using newly invested funds to pay existing Diamond Reserve affiliates a ROI makes Diamond Reserve a Ponzi scheme.
As with all Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve Diamond Reserve of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.