Ma Vie International Club Review: ICO lending Ponzi without the ICO
Ma Vie International Club, not be confused with MaVie), provides no information on their website about who owns or runs the business.
The Ma Vie International Club website domain (“mavieint.com”) was privately registered on April 13th, 2018.
A suite address in Mauritius is provided, however a Google search reveals multiple businesses using the same address.
This suggests the address is virtual in nature and Ma Vie International Club has no actual physical operations in Mauritius.
At the time of publication Ma Vie International are not accepting affiliates outside of South Africa.
This strongly suggests the company is being run from within South Africa itself.
Alexa traffic estimates support this, with South Africa listed as the only notable source of traffic to the Ma Vie International Club website (100%).
Ma Vie International also appears to have links to Black Marlin, a scam Mauritius regulators have previously issued warnings against.
On the Black Marlin website investment into Ma Vie International is offered as a “premium savings plan”:
Black Marlin Group exists under various names, two of which the Mauritius Services Commission (FSC) issued warnings against last month.
Neither company is registered with the FSC, having been removed from the Register of Companies in early 2015.
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.
Ma Vie International Club Products
Ma Vie International Club has no retailable products or services, with affiliates only able to market Ma Vie International Club affiliate membership itself.
The Ma Vie International Club Compensation Plan
Ma Vie International Club affiliates invest funds on the promise of a variable monthly ROI.
- Category 1 – invest $100 to $1000 and receive a variable daily ROI for 12 months
- Category 2 – invest $1001 to $5000 and receive a variable daily ROI for 10 months plus 0.1% daily bonus rate
- Category 3 – invest $5001 to $10,000 and receive a variable daily ROI for 8 months plus 0.2% daily bonus rate
- Category 4 – invest $10,001 to $20,000 and receive a variable daily ROI for 6 months plus 0.25% daily bonus rate
- Category 5 – invest $20,001 to $40,000 and receive a variable daily ROI for 4 months plus 0.3% daily bonus rate
- Category 6 – invest $40,001 or more and receive a variable daily ROI for 4 months plus 0.35% daily bonus rate
Ma Vie International Club pay referral commissions on invested funds down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 4.5%
- level 2 – 3%
- level 3 – 2%
Note that referral commissions are paid out over three months from the date of investment.
Joining Ma Vie International Club
Ma Vie International Club affiliate membership is free, however free affiliates only earn referral commissions.
Full participation in the Ma Vie International Club income opportunity requires a minimum $100 investment.
Ma Vie International Club markets itself as an “investment club” that provides
access (to) companies and products for investments with regular dividend returns; assurance products & other exclusive benefits.
Naturally no evidence of any such access is provided, nor any of the companies or products Ma Vie International Club claim it provides access to.
In fact the company even goes so far as to state any companies that might be named will have no idea who or what Ma Vie International Club is;
Our service providers do not deal with the public and do not have the capacity to deal with queries and inquiries.
Taking a step back, Ma Vie International Club’s compensation plan is pretty much that of an ICO lending Ponzi scheme.
At the time of publication Ma Vie International haven’t launched an ICO token to exit-scam through, however I wouldn’t be surprised if one is announced later down the track.
Outside of that difference, the model is the same. Affiliates invest funds on the promise of a daily ROI for a fixed number of days.
The only verifiable source of revenue is new affiliate investment, the use of which to pay existing affiliates a daily ROI makes Ma Vie International Club a Ponzi scheme.
Without an ICO token to exit-scam through, Ma Vie International’s collapse will be that of a traditional Ponzi.
When ROI liabilities exceed the rate of new investment or ROI reserves dip below a certain point, the company’s anonymous owners do a runner.
The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.