OneRevShare Review: $1 advertising-based micro Ponzi
There is no information on the OneRevShare website indicating who owns or runs the business.
The OneRevShare website domain (“onerevshare.com”) was registered on the 27th of October 2014, however the domain registration is set to private.
As always, if a 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 OneRevShare Product Line
OneRevShare has no retailable products or services, with affiliates only able to market affiliate membership to the opportunity itself.
Once an affiliate has signed up, they are then able to invest in OneRevShare. Bundled with each $1 investment are a series of advertising credits, which can be used to display advertising on the OneRevShare website.
The OneRevShare Compensation Plan
The OneRevShare compensation plan sees affiliate invest $1 sums on the promise of an eventual $1.35 ROI.
OneRevShare affiliates are capped at investing $1000 a day, with 20% of all ROIs paid out required to be reinvested back into the company.
Each collective investment also provided entry into a 3×1 matrix. A 3×1 matrix has three positions to fill, which once filled pay the position at the top 20 cents.
Referral commissions are also offered on investments made by recruited affiliates, paying out 9% on direct recruits, 2% on their recruits (level 2) and 1% on their recruits (level 3).
Joining OneRevShare
Affiliate membership with OneRevShare is free, however affiliates must invest with the company in order to withdraw commissions.
This pegs the defacto minimum OneRevShare affiliate cost at $1.
Conclusion
With no retailable products or services OneRevShare use the familiar advertising credits guise to run what is otherwise a stock-standard Ponzi/matrix hybrid.
OneRevShare affiliates invest sums of $1 with the company, which is then used to pay off existing investors. New positions invested in are similarly paid off with funds acquired from subsequent investment.
OneRevShare’s “no refunds” refunds policy confirms as much:
All purchases are NONREFUNDABLE. We share the revenue from your purchase with all members.
As with all Ponzi schemes, once new investment dries up OneRevShare will have no funds to pay off existing investors with, and both the ROIs offered and company-wide matrix will stall.
When that happens, the anonymous admin does a runner with what’s left of invested affiliate funds.
This is from Paragraph 28 of the Aug. 5, 2008, successful forfeiture complaint against AdSurfDaily-related assets (CAPS ADDED):
So, more than six years AFTER the ASD case was brought, scammers are still channeling ASD.
Given the calendar dates, OneRevShare might be a smash-and-grab in the run-up to the Holidays.
It also might be what I’d describe as a “sub-micro” scheme designed to appear benign because participants can buy in for $1. ASD had buy-ins at $10, $25 and $100.
The U.S. Secret Service, for one, has warned about how scams evolve. OneRevShare appears to be providing yet another example.
In 2006, 12DailyPro was 12 percent a day. ASD took that “down” to 1 percent a day — still outrageous (especially given the purported ability to “compound”), but nevertheless a crackpot scheme to dupe investors and regulators.
Now, OneRevShare is going with an ASD-like 135 percent ROI while ostensibly trawling for lower sums than ASD. Like ASD, there are tiered commissions to boot.
Given its presence on the Ponzi boards, OneRevShare’s target market is the collection of usual suspects and co-conspirators. Given the $1 minimum, it also is targeting the world’s poor.
If it gains a head of steam, the poor then will target the poor.
PPBlog
A whole bunch of these popped up late last week, so you’re likely right.
Seems to be a group of admins launching them with the same script and “cheapminisite” design package. As far as I can tell they’re either operating out of India or Russia.
Let the last-ditch scamming before the year is out commence!