Wealth Rising Review: $20 to $5000 Ponzi investment scheme
There is no information on the Wealth Rising website indicating who owns or runs the business.
The Wealth Rising website domain (“wealthrising.net”) was privately registered on May 11th, 2016.
Further research reveals Gerhard Rempel identifying himself as Wealth Rising’s CEO and founder:
Rempel (right) is based out of Belize and first appeared on BehindMLM’s radar back in 2013, as co-owner of Belizers.
Belizers saw affiliates invest between $10 and $25 on the promise of an advertised 150% ROI.
Alexa statistics for the Crowd Rising website suggest the scheme has collapsed. This is likely behind the launch of Wealth Rising.
Read on for a full review of the Wealth Rising MLM opportunity.
The Wealth Rising Product Line
Wealth Rising has no retailable products or services, with affiliates only able to market Wealth Rising affiliate membership itself.
The Wealth Rising Compensation Plan
Wealth Rising affiliates invest in four investment plans on the promise of a daily ROI:
- Minimizer – invest $20 to $100 and receive a 130% ROI after 15 days
- Kick Starter – invest $110 to 300 and receive a 120% ROI after 15 days (10% mandatory reinvestment)
- Optimizer – invest $100 to $1000 and receive a 146% ROI after 30 days (20% mandatory reinvestment)
- Maximizer – invest $300 to $5000 and receive a 150% ROI after 30 days (25% mandatory reinvestment)
Referral commissions are available on funds invested by recruited affiliates, paid out down four levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 2%
- level 2 – 2%
- level 3 – 3%
- level 4 – 5%
If a Wealth Rising affiliate recruits at least twelve affiliates who each invest $100 or more, they receive a bonus 5% referral commission on level 1.
Joining Wealth Rising
Wealth Rising affiliate membership is free, however affiliates must invest $20 to $5000 to participate in the attached income opportunity.
The only verifiable source of revenue entering Wealth Rising is affiliate investment.
As per the Wealth Rising website, the company described itself as a “Global Cooperative Member to Member Assistance Project”.
What this means is new member money is used to pay old members, making Wealth Rising a Ponzi scheme.
In addition to Ponzi fraud, recruitment commissions add an additional pyramid layer to the scheme.
This is in line with Gerhard Rempel’s previous MLM launches, all of which have been gifting or outright Ponzi schemes.
As with all such schemes, once affiliate recruitment dies down so too will new revenue to pay off existing investors.
When this happens Wealth Rising will find itself unable to meet its advertised ROI obligations, prompting a collapse.
Mathematically the collapse of a Ponzi scheme guarantees the majority of investors will lose money.