xegains-ventures-logoThe Xegains Ventures website identifies Papper Jean Pierre as the company’s Founder.

The profile photo used for Papper Jean Pierre however is stolen from a Quora commenter by the name of Ivica Marusic.

fake-founder-xegains-fraud

Marusic’s Quora comments were published in 2015, which predates Xegains Ventures website domain registration (April 2016).

Coupled with no information on Papper Jean Peierre existing online, it’s a safe bet that he doesn’t exist.

The same is likely true of Xegains Ventures’ other named executives (color photos retouched in black and white).

The Xegains Ventures website domain was registered with a bogus address in Berlin Germany.

Alexa currently estimate India (36.9%) and Malaysia (20.2%) as the largest sources of traffic to the Xegains Ventures website. One of these two countries is likely where Xegains Ventures is actually being run out of.

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 Xegains Ventures Product Line

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

The Xegains Ventures Compensation Plan

Xegains Ventures affiliates invest $50 to $5000 on the promise of advertised ROIs of up to 450%.

Commissions are also paid when Xegains Ventures affiliates recruit new affiliates.

Investment ROIs

Xegains Ventures advertise three investment pools:

  • Venture Pool 1 – invest $50 to $500 and receive a 250% ROI (max 0.5% a day)
  • Venture Pool 2 – invest $501 to $2000 and receive a 350% ROI (max 0.65% a day)
  • Venture Pool 3 – invest $2001 to $5000 and receive a 450% ROI (max 0.85%)

A 10% referral commission is paid on investment by personally recruited affiliates.

The referral commission is increased to 20% on investments made by affiliates recruited within a new affiliate’s first 21 days.

ROI Matching Bonus

Xegains Ventures affiliates earn a matching bonus on ROIs paid to their downline.

The ROI Matching Bonus is paid out via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

unilevel-commission-structure

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

The ROI Matching Bonus is paid out as a percentage of the daily ROI paid to unilevel team affiliates as follows:

  • level 1 (personally recruited affiliates) – 20%
  • level 2 – 10%
  • level 3 – 5%
  • level 4 – 3%
  • level 5 onwards – 1.5%

Residual Commissions

Residual commissions in Xegains Ventures are paid out via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, with two positions directly under them (left and right):

binary-MLM-compensation-plan

The second level of the binary team is generated by splitting each of the first two positions into another two positions each.

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

Each day Xegains Ventures tally up new investment volume on both sides of the binary team.

Free affiliates are paid 5% of investment volume generated on their weaker binary side, capped at $500.

Affiliates who invest in an Xegains Ventures package are paid 10%, capped at $1000.

If a paid affiliate hits the $1000 cap five times in a month, their daily cap is increased to $1500.

If the cap is reached another five times at $1500, the cap is increased to $2000.

Note to qualify for residual commissions, an Xegains Ventures affiliate must recruit at least two affiliates.

Residual Matching Bonus

Xegains Ventures affiliates earn a matching bonus on residual commissions down two levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 3%
  • level 2 – 2%

Joining Xegains Ventures

Xegains Ventures affiliate membership is either free or paid via investment in one of three packages:

  • Venture Pool 1 – $50 to $500
  • Venture Pool 2 – $501 to $2000
  • Venture Pool 3 – $2001 to $5000

The primary difference between these three packages is income potential through the Xegains Ventures compensation plan.

Free Xegains Ventures affiliates are only able to earn referral and residual commissions (no matching bonuses).

Conclusion

Despite a Founder who doesn’t exist and an April 2016 domain registration, the Xegains Ventures website is full of spectacular claims dating back to 2005.

Our journey started as Angel Investors in year 2008. Our primary investment target was in various start-up companies and some of it became very successful and public listed.

When bitcoin and other Cryptocurrency was introduced, we recognised the future potential and were the pioneers to purchase bitcoins and other Cryptocurrency for investment.

In 2015 we welcomed a new group of Cryptocurrency investors to team up with us and formed an offshore venture capital company called Xegains Ventures.

We decided to invest only in High-tech companies which accept Cryptocurrency for their business transactions.

Unfortunately none of the above passes the simple Ponzi logic test.

If Xegains Ventures were able to legitimately and consistently generate a ROIs of up to 450%, even a modest bank loan would soon transform into a fortune.

It makes absolutely no sense for Xegains Ventures to be sharing this ROI with affiliates… unless it’s a Ponzi scheme.

For all the crap about angel investing and venture capitalist projects on the Xegains Ventures website, the only verifiable source of revenue entering the company is affiliate investment.

The use of which to pay the advertised ROIs makes Xegains Ventures a Ponzi scheme. Direct and residual recruitment commissions add an additional pyramid layer to the scheme too.

Prospective Xegains Ventures affiliates are welcome to verify this for themselves, by asking for proof that every ROI dollar paid out to your potential upline was sourced via investment in third-party companies.

Don’t accept anything less than dollar-for-dollar audited accounting.

No proof? Ponzi scheme.

As with all Ponzi schemes, once recruitment of new Xegains Ventures affiliates dies out so too will new funds entering the scheme.

This will see Xegains Ventures unable to meet its ROI obligations, prompting a collapse.

For affiliates the long maturity period of the three investment packages means they won’t realize until it’s far too late.

This gives the anonymous owner(s) of Xegains Ventures plenty of time to do a runner, after which recovery of funds is likely to be non-existent.