Worldwide Earning Review: Adcredit Ponzi ROIs of up to 125%
Worldwide Earning operate in the advertising MLM niche and name Ahsan Abbas and Andrea Burriesci as joint owners of the company.
A Companies House (UK) incorporation document is provided on the Worldwide Earning website for “B Solutionss Limited” (not a typo).
B Solutionss Limited was incorporated on August 22nd, 2016. Both Abbas and Burriesci are listed as Directors of the company, through a residential address in London, UK.
According to Abbas’ Facebook profile, B Solutionss is a web hosting and development company. Other than being owned by Abbas, it doesn’t appear to have anything to do with the Worldwide Earnings MLM opportunity.
Limited appears to be a shell company filed with bogus information.
Both Abbas and Burriesci cite their country of residence as UK in B Solutionss Limited incorporation documents.
Ahsan Abbas however provides a contact address in Rawalpindi, Pakistan on the Worldwide Earning website. Andrea Burriesci meanwhile claims to be living in Mezzojuso (Italy) on his Facebook profile.
The B Solutionss Limited incorporation appears to be a shell company, with neither it or Worldwide Earnings having any actual operations in the UK itself.
In addition to running Worldwide Earning, Andrea Burriesci is also an affiliate of the FutureNet Ponzi scheme.
Read on for a full review of the Worldwide Earning MLM opportunity.
Worldwide Earning Products
Worldwide Earning has no retailable products or services, with affiliates only able to market Worldwide Earning affiliate membership itself.
Once signed up Worldwide Earning affiliates in “plans”. Bundled with plan investment are ad credits, which can be used to display advertising on the Worldwide Earning website.
The Worldwide Earning Compensation Plan
Worldwide Earning affiliates invest money on the promise of an advertised ROI of up to 125%.
- Code 1 – invest $1 and receive a 110% ROI, capped at up to 2% a day
- Code 2 – invest $15 and receive a 115% ROI, capped at up to 2.5% a day
- Code 3 – invest $30 and receive a 125% ROI, capped at up to 3% a day
Referral commissions are available to affiliates who invest in Code 2 and Code 3 plans, paid out down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 7%
- levels 2 and 3 – 1%
Affiliates who only invest in the Code 1 plan qualify for a 4% referral commission on funds invested by personally recruited affiliates.
Joining Worldwide Earning
Worldwide Earning affiliate membership is tied to investment in three offered plans:
- Code 1 – $5
- Code 2 – $15
- Code 3 – $30
Investment in the Code 2 and Code 3 plans requires payment of an additional $6.99 monthly membership fee.
Worldwide Earning affiliates who only invest in the Code 1 plan do not qualify for MLM commissions.
With nothing marketed or sold to retail customers, the only verifiable source of revenue entering Worldwide Earning is newly invested affiliate funds.
Using these funds to pay a ROI of up to 125% is Ponzi fraud.
Hardly surprising when you consider the type of MLM opportunities Ahsan Abbas and Andrea Burriesci have participated in the past.
As with all Ponzi schemes, once Worldwide Earning affiliate recruitment dies down so too will the rate of newly invested funds.
This will see Worldwide Earning unable to meet its ROI obligations, prompting a collapse.
Owing to the math behind Ponzi schemes, Worldwide Earning’s inevitable collapse will see the majority of affiliates lose money.