iMouvin provide no information on their website about who owns or runs the business.

The company claims to have ‘offices in Europe and the United States’.

An address for an office in Appleton, Wisconsin is provided on the iMouvin website. Further research however reveals this is virtual office space provided by Instant Offices.

It appears iMouvin exist in the US in name only. No information about the company’s purported European operations are provided.

The iMouvin website domain (“imouvin.com”) was privately registered on April 25th, 2016. The domain registration was last updated on March 14th, 2017.

A February 27th marketing video uploaded by “iMouvin Corporate” to YouTube identifies Jim Adams as CEO and President of the company.

That no information is provided about Adams on the iMouvin website is highly suspicious. Possibly due to the generic nature of the name, I myself was unable to put together an MLM history.

Reflected in affiliate marketing efforts, iMouvin is primarily being marketed to Brazilian communities within the US.

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.

iMouvin Products

iMouvin has no retailable products or services, with affiliates only able to market iMouvin affiliate membership itself.

The iMouvin Compensation Plan

iMouvin affiliates invest $379 to $1000 on the promise of receiving a daily ROI for 120 days.

  • New – invest $379 and receive up to $7.50 a day ($900 total ROI)
  • Pro – invest $629 and receive up to $12.50 a day ($1500 total ROI)
  • Max – invest $1000 and receive up to $20 a day ($2400 total ROI)

A referral commission of 10% is paid out on funds invested by personally recruited affiliates.

Recruitment Commissions

Each iMouvin affiliate pays a $30 monthly affiliate membership fee. iMouvin take this fee and use it to pay recruitment commissions via a 3×6 matrix.

A 3×6 matrix places an iMouvin affiliate at the top of a matrix, with three positions directly under them:

These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these three positions into another three positions each (9 positions).

Levels three to six of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.

 

Positions in the matrix are filled via direct and indirect recruitment of new iMouvin affiliates.

Commissions are paid out based on what level of the matrix a position is filled:

  • level 1 – $1 per position filled (3 positions to fill)
  • level 2 – $2 per position filled (9 positions to fill)
  • level 3 – $3 per position filled (27 positions to fill)
  • level 4 – $4 per position filled (81 positions to fill)
  • level 5 – $5 per position filled (243 positions to fill)
  • level 6 – $5 per position filled (729 positions to fill)

Commissions per position filled are paid out as long as recruited affiliates continue to pay monthly fees.

Residual Commissions

Each iMouvin affiliate package generates a set number of points:

  • Express – 10 points
  • New – 50 points
  • Pro – 75 points
  • Max – 100 points

iMouvin use these points to pay residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.

Binary commissions are paid out using a 2:1 ratio of 1000 points and 500 points. Point totals can be accumulated on either side.

How much an iMouvin affiliate earns when the 2:1 ratio is met is determined by how much they themselves have invested:

  • Express – $50
  • New – $250
  • Pro – $375
  • Max – $500

Joining iMouvin

iMouvin affiliate membership is $30 a month plus investment into one of the following four packages:

  • Express – $100 (referral and residual commissions only)
  • New – $379
  • Pro – $629
  • Max – $1000

The primary difference between the above packages is income potential through the iMouvin compensation plan.

Conclusion

The ruse behind iMouvin’s 120 day ROIs is that you invest funds, iMouvin trade the funds through forex and thus generate the advertised ROI payouts.

Of course there’s no proof of any trading taking place provided on the iMouvin website. Furthermore, iMouvin’s business model doesn’t pass the Ponzi logic test.

First and foremost a good chunk of funds invested into iMouvin are used to pay referral and residual recruitment commissions. This leaves even less money for the company to trade forex with.

Secondly, despite clearly offering an investment opportunity in the US, at the time of publication iMouvin does not appear in the SEC’s Edgar database.

This means iMouvin and Jim Adams are offering unregistered securities, in violation of US Securities and Exchange Act.

Thirdly, if iMouvin were able to legitimately generate a 240% ROI every 120 days, why would they be soliciting investment from affiliates?

A 240% ROI every 120 days equates to roughly 730% per annum. This would see even a modest bank loan compounded over a few years turn into a fortune.

The reality is the recruitment and residual commissions are your first red flag. Both a recruitment commissions, which in MLM is evidence of a pyramid scheme.

It follows that, having already engaged in fraud and failing to provide any evidence to back up their forex claims, all iMouvin are doing are using newly invested funds to pay off existing investors.

This makes iMouvin a Ponzi scheme, subject to collapse once affiliate recruitment slows down.

At 120 days per ROI cycle, Jim Adams and whoever he’s working with have plenty of time to do a runner with invested funds. By the time affiliates realize iMouvin has collapsed, it will be too late.