The People’s Options Review: Daily crypto mining/trading ROI + lottery

The People’s Options provide no information on their website about who owns or runs the business.

The People’s Options website domain (“thepeoplesoptions.com”) was first registered on December 18th, 2015. The domain registration was last updated on December 23rd, 2016.

Steven Tiffany of Papa Group LLC is listed as the owner, with an address in the US sate of Minnesota also provided.

Further research reveals this address is actually that of a UPS Store.

I wasn’t able to find any information on Steven Tiffany’s role within The People’s Options.

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.

The People’s Options Product Line

The People’s Options has no retailable products or services, with affiliates only able to market The People’s Options affiliate membership itself.

The People’s Options Compensation Plan

The People’s Options affiliates invest on the promise of a daily Mining and Trading pool ROI.

  • Silver ($150 a year) – $15 invested in both the Mining and Trading Pools
  • Gold ($500 a year) – $50 invested in both the Mining and Trading Pools
  • Platinum ($1500 a year) – $1500 invested in both the Mining and Trading Pools

The Mining Pool pays out daily for 9 months, the Trading Pool sixty days. Both see the principal investment amount refunded upon maturity.

Which tier a The People’s Options affiliate invests in affects how much they can withdraw:

  • Silver affiliates are charged an “up to 35%” management fee, a 4% withdrawal fee and can withdraw up to $2000 a month
  • Gold affiliates are charged an “up to 30%” management fee, a 3% withdrawal fee and can withdraw up to $3000 a month
  • Platinum affiliates are charged an “up to 25%” management fee, a 2% withdrawal fee and have no monthly withdrawal restrictions

Referral Commissions

Referral commissions are paid down three levels of recruitment (unilevel), on both initially invested amounts and daily ROI payouts.

Silver affiliates receive

  • $12 for recruiting a Silver, Gold or Platinum affiliate on level 1 (personally recruited affiliates)
  • $8 for a Silver, Gold or Platinum affiliate recruited on level 2
  • $6 for a Silver, Gold or Platinum affiliate recruited on level 3

Gold affiliates receive

  • $12 for recruiting a Silver affiliate on level 1
  • $40 for recruiting a Gold or Platinum affiliate on level 1
  • $8 for a Silver affiliate recruited on level 2
  • $27 for a Gold or Platinum affiliate recruited on level 2
  • $20 for a Gold or Platinum affiliate recruited on level 2

Platinum affiliates receive

  • $12 for recruiting a Silver affiliate on level 1
  • $40 for recruiting a Gold affiliate on level 1
  • $120 for recruiting a Platinum affiliate on level 1
  • $8 for a Silver affiliate recruited on level 2
  • $27 for a Gold affiliate recruited on level 2
  • $80 for a Platinum affiliate recruited on level 2
  • $6 for a Silver affiliate recruited on level 3
  • $20 for a Gold affiliate recruited on level 3
  • $60 for a Platinum affiliate recruited on level 3

All affiliates receive

  • 5% on level 1, 3% on level 2 and 1% on level 3 for Mining Pool ROI payments and
  • 5% on level 1, 3% on level 2 and 2% on level 3 for Trading Pool ROI payments

CryptoShuffle Lottery

The CryptoShuffle Lottery is described as follows on The People’s Options website:

Each purchased CryptoShuffle Ticket generates a random alphanumeric value.

When all CryptoShuffle Ticket are sold, the assigned numbers are shuffled and a winner is chosen.

After a winner is declared, the next shuffle begins

CryptoShuffle Tickets are awarded when The People’s Options affiliates sign up and invest.

  • Silver affiliates receive thirty CryptoShuffle tickets
  • Gold affiliates receive one hundred CryptoShuffle tickets
  • Platinum affiliates receive three hundred Crypto Shuffle tickets

CryptoShuffle Tickets can also be purchased separately, however pricing is not provided on The People’s Options website.

Referral commissions on ticket purchases (including initial investment) are paid out down six levels of recruitment:

  • $0.0086 per ticket on level 1 (personally recruited affiliates) and level 2
  • $0.00645 on level 3
  • $0.0043 on levels 4 and 5
  • $0.01075 on level 6

Joining The People’s Options

The People’s Options affiliate membership is tied to an annual investment of $150 to $1500:

  • Silver – $150 a year
  • Gold – $500 a year
  • Platinum – $1500 a year

The primary difference between the above affiliate investment levels is income potential through The People’s Options compensation plan.

There is also a free Bronze level, however Bronze affiliates do not participate in the MLM opportunity.

Conclusion

The ruse behind The People’s Options daily ROI payouts is cryptocurrency mining and trading.

Naturally The People’s Options provides no evidence of any mining or trading taking place.

The only verifiable source of revenue entering The People’s Options is affiliate investment, the use of which to pay a daily ROI makes it a Ponzi scheme.

On top of that you have pyramid fraud by way of recruitment commissions, as well as gaming violations through the CryptoShuffle lottery.

The “cryptocurrency trading/mining” Ponzi model is enjoying popularity throughout the MLM underbelly at the moment.

Tons of companies have launched with the model over the past twelve months, none of which are able to provide any proof of trading and/or mining taking place.

The People’s Options is no different, with a collapse inevitable once affiliate recruitment slows down.

Let’s block ads! (Why?)

This RSS post was syndicated from, http://behindmlm.com

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