Argent Global Network Review: $10 – $2400 Ponzi hybrid
There is no information on the Argent Global website indicating who owns or runs the business. The company claims only that
Our team of skillful international marketers has 50 years of experience, comprehensive industry knowledge and is abreast with the latest online advertising trends. We have a team of the best international marketers from all four corners of the world who create result-oriented and smart online advertising to help you achieve business success.
The Argent Global website domain (“argentglobalnetwork.com”) was registered on the 30th of May 2013, and lists a “Victorien Rival” as the domain owner. An address in the US state of Florida is also provided.
A Google Maps search on the address provided, reveals the supplied to address to be a residential location:
A YouTube account is linked off some Argent Global Network webpages, which appears to belong to Rival himself:
Videos uploaded on the account reveal Rival marketing Argent Global Network itself. Also note that the screenshot above closely resembles the Google Maps location provided on the Argent Global Network domain registration.
I wasn’t able to find any further MLM history on Rival (right), however he does appear to be a real individual. Florida Division of Corporations records reveal that a “Victorien Antoine Rivel” registered “Team Wealth Unlimited” as a fictitious name in 2008 (note that Rival appears to switch surnames between “Rivel” and “Rival”). The registration expired at the end of 2013, which coincides with the launching of Argent Global Network.
Rivel registered Team Wealth Unlimited with partner Gilbert Sandy Dupoux, however whether or not Dupoux is involved in Argent Global Network is not clear. Also not clear is why Rivel’s name does not appear anywhere on the Argent Global Network website.
Read on for a full review of the Argent Global Network MLM business opportunity.
The Argent Global Network Product Line
Argent Global market advertising, which is displayed on their website.
The Argent Global website also has an online shopfront populated with seemingly random third-party products, however this doesn’t seem to have anything to do with the MLM business opportunity.
I also observed problems with the “add to card” button being greyed out on alot of items:
The Argent Global Network Compensation Plan
The Argent Global Network compensation plan revolves around affiliates buying one of three packages:
- Basic – $150
- Basic Plus – $300
- Premium – $60
- VIP – $1200
- VIP Plus – $2400
Argent Global Network limit how many package positions an affiliate can invest in, determined by how much they pay in monthly membership fees:
- Silver ($10 a month) – 5 packages
- Gold ($50 a month) – 20 packages
- Diamond ($100 a month) – 100 packages
Weekly ROI
Attached to the three packages above are varying weekly ROIs, advertised as payable for up to 52 weeks per package purchased:
- Basic – $10 weekly ROI ($520 total)
- Basic Plus – $20 weekly ROI ($1040 total)
- Premium – $40 weekly ROI ($2080 total)
- VIP – $80 weekly ROI ($4160 total)
- VIP Plus – $160 weekly ROI ($8320 total)
Referral commissions are also available on the above package investments, paid out according to how much an affiliate pays in monthly membership fees:
- Silver – 5% on level 1 and 2.5% on level 2
- Gold – 7% on level 1 and 3.5% on level 2
- Diamond – 10% on level 1 and 5% on level 2
Recruitment Commissions
When an affiliate recruits a new affiliate, they paid the following recruitment commission fees:
- Silver – $2
- Gold – $10
- Diamond – $20
Residual recruitment commissions are paid out using a 2×21 matrix. A 2×21 matrix places an affiliate at the top of a matrix team, with two positions directly under them:
These two positions branch out into another two positions, and so on and so forth down a total of 21 levels. Filled positions in the matrix represent (either directly or indirectly) recruited affiliate investors.
How much of a commission is paid out, depends on how much an affiliate and their recruited downline pay in monthly membership fees:
- Silver – 10 PV
- Gold – 50 PV
- Diamond – 100 PV
Personal Volume (PV) is used to calculate an affiliates share of the membership fees paid by all Argent Global Network affiliates.
Silver Affiliates
- less than 200 PV and recruit 2 new affiliates – 25 cents per affiliate in the matrix, paid out down 5 levels
- 300 PV – 25 cents per affiliate in the matrix, paid out down 10 levels
- 500 PV – 25 cents per affiliate in the matrix, paid out down 15 levels
- 700 PV and recruit 8 new affiliates – 25 cents per affiliate in the matrix, paid out down 21 levels
Gold Affiliates
- less than 200 PV and recruit 2 new affiliates – 35 cents per Silver and $1 per Gold and Diamond affiliate in the matrix, paid out down 5 levels
- 300 PV – 35 cents per Silver and $1 per Gold and Diamond affiliate in the matrix, paid out down 10 levels
- 500 PV – 35 cents per Silver and $1 per Gold and Diamond affiliate in the matrix, paid out down 15 levels
- 700 PV and recruit 8 new affiliates – 35 cents per Silver and $1 per Gold and Diamond affiliate in the matrix, paid out down 21 levels
Silver Affiliates
- less than 200 PV and recruit 2 new affiliates – 40 cents per Silver, $1.50 per Gold and $3.50 per Diamond affiliate in the matrix, paid out down 5 levels
- 300 PV – 40 cents per Silver, $1.50 per Gold and $3.50 per Diamond affiliate in the matrix, paid out down 10 levels
- 500 PV – 40 cents per Silver, $1.50 per Gold and $3.50 per Diamond affiliate in the matrix, paid out down 15 levels
- 700 PV and recruit 8 new affiliates – 40 cents per Silver, $1.50 per Gold and $3.50 per Diamond affiliate in the matrix, paid out down 21 levels
Joining Argent Global Network
Affiliate membership to Argent Global Network requires a monthly membership payment:
- Silver – $10
- Gold – $50
- Diamond – $100
A free membership option also exists, requiring an affiliate to spam the internet for 60 days before being able to invest in one of the five available packages.
The primary difference between affiliate membership fees paid is the rate of commission Argent Global Network pays them.
Conclusion
Despite the illusion of external revenue by way of advertising and a shopping storefront on their website, Argent Global is just another cookie-cutter advertising based Ponzi scheme.
The storefront on the company website is populated with products likely sourced from third-party affiliate deals. The Joomla plugin used is a simple enough e-commerce platform.
Various advertisements from reputable companies also appear on Argent Global’s website, but they are little more than images attached to the homepages of said companies. No tracking information is attached to any of the links.
The images used appear to be sourced from genuine advertising campaigns of the companies, none of which have anything to do with Argent Global Network. They simply copy and pasted the images, plugged them into the RokSproket Joomla extension and attached URLs pointing to the company’s own websites.
The advertising depicted on Argent Global Network’s website serves no other purpose than to provide fodder for the company’s investors to market with, and lend a false air of legitimacy to the company.
The implication the reputable companies are going to pay for advertising on what is otherwise a Ponzi scheme marketing site is laughable.
The reality is that all Argent Global Network are doing is taking the new money they receive via packages, and using it to pay out existing investors. Similarly, the monthly membership fees charged are recycled through the matrix, and used to pay out those who recruit the most investors into the scheme (or recruit others who achieve this).
This is reflected in Argent Network’s “no refunds” refund policy:
Package purchases are final and non-refundable.
The reason they can’t offer refunds, is because the money is used to pay off existing investors.
Once new affiliate package investment stops, Argent Global Network will naturally run out of funds to pay off existing investors. Said investors are unlikely to see this coming, due to the 52 week ROI nature of the scheme.
The collapse of the Ponzi side of the business will then lend itself to a collapse of the pyramid side of the business, as nobody is likely to stick around paying monthly membership fees if they’re not collecting their weekly ROI.
Back in 2009, Victor Rival announced himself as being
More recently, Rival featured here on Behind MLM as being one of the “Ads Profit Reward “team” in an April 13, 2013 article entitled Ads Profit Reward Review: $10 Ad-based Zeek clone
There are also a number of mentions of Rival remaining on the ‘net of his association with Paul Burks of Zeek Rewards infamy, including one on Behind MLM from August 12, 2012 claiming
There are also multiple instances of the phrase
in connection with Rivals’ Ads Profit Rewards Team association.
Looking further, we find a video preasentation on YouTube entitled:
Ads Profit Reward Training Daily Wealth Building Training with Victor Rival Ads Profit Reward
Huh, I wrote about him previously and I missed him?? How’d that happen!
(Think I must have searched for “rivel”)
I can see it now…
SEC: “And Mr. Rival, you claim the briefcase filled with company checks was stolen right out through the rear-right passenger window of your car by some vandals whom you claim briefly worked for you at AGN?”
Rival: “If I remember correctly, yes.”
SEC: “No further questions your honor.
There is a Victor A. Rival of Florida listed as a winner by the Zeek receiver.
See Page 131 of 180-page document by the receiver dated March 25, 2014.
PPBlog
Page 160 in the list of ~9,000 net winners. There’s 2 other Rival living in Florida there.
* Michaela Rival, Fort Lauderdale FL
* Pierre Rival, Fort Lauderdale FL
* Victor A. Rival, Plantation FL
You may be looking at an earlier copy. The receiver published an updated one that consists of 180 pages on March 25. All the names you reference appear in the updated document on Page 131.
PPBlog
I simply picked the first I found, in the “Receiver vs. Disner et al” class action lawsuit. It’s the original list, so it may be old.
Which source do you use?
I used sites.google.com/a/asdupdates.com/files-website/zeek-rewards-sec-case/bell-v-disner-et-al as a source, and it doesn’t have a March 25 updated list.
I am reasonably sure that whatever items on Argent’s shop is just relisted from Osell.com.
Osell has some sort of Brazilian presence. That may be the link.
Hi guys, I follow you from a lot of time and finally you reviewed AGN too. I’m in this business with lot of people but in the article you made a little mistake.
The packages cost:
150 basic
300 basic plus
600 premium
1200 vip
2400 vip plus.
And it gives you a Roi of 10, 20, 40, 80, 160 per week.
I can say that 90% in my network start with 10$, this is possible because after 60 days agn gives you a bonus package that last 6 month. This Gives you the possibility to earn 10$ per week. To withdraw this money you only need to pay 10$ per month to be active.
You have 26 weeks at 10 per week and 60$ of fee for six months, you remain with 200 dollars to reinvest for a package and to try your first withdraw.
Almost all people in my net start with 10$ and didn’t invest any penny more. This is why and how I advise agn to people, without invest nothing more then 10$.
I confirm you that Victor Rival is the owner. He answer in facebook and makes meeting around the world and will be in italy may 21, but I’m in Spain for work and I won’t attend the meeting.
Please contact me if you need more details for your review, is very important for me your work.
Whoops, I seem to have mixed up the ROI with the amount paid for the packages. Thanks for picking that up.
I think my brain is a bit run down, been making a few small errors here and there with dollar amounts.
http://www.zeekrewardsreceivership.com/pdf/Net_Winners%203.25.14.pdf
PPBlog
Sounds like you’re saying that just because his name or a name similar to Victor’s is on this net list.. It means that agn is a ponzi? Puahahaaa… Sounds to me that it’s a biased review article then… Tsk tsk tsk…
All those mlm ppl who tends to make it big shouldn’t get their names on any list anywhere at all then.. or else it might come back to haunt them.. Lol
So uh… I take it reading isn’t your strong point?
Protip: Actually read the review before leaving a comment.
All very intresting ,i was going to start with vip plus,have allready got $1200.00 in there site but not in ewallet yet.
if i cannot get this out i wll go for diamond only. I have allready been done with Telexfree recently.
Hi Oz
I got an email from AGN, I joined but did not purchase anything from them. I knew it was the same outfit as Zeek. I’ve copied the email below. Keep doing your great work.
Thanks for sharing that.
So i-Payout gave them the boot (compliance there is starting to kick in???) and they confirmed they are obviously not compliant in the US.
Gotta wonder who’s operating ArgentPay then. My money would be on the Chinese (Hong Kong).
I suppose we might find out once it’s up and people start getting paid through them.
Oh and gotta love this line:
Lololol. Zeek Rewards’ Dawn Wright-Olivares said the same thing when they were running out of money too.
Argentpay.com’s whois goes to Rapidpay.io from some guy in Australia:
Rapidpay.io was mentioned in AliveMatrix’s website, so they seem to be the new darling payment processor for shady companies.
AGN IS A PONZI SCHEME.
THEY HAVE STOLEN MILLON OF DOLLARS FROM PEOPLE ALL OVER THE WORLD.
John Zacery commented once that someone saw what was believed to be a very expensive watch on “Mr” Rival. He said that the watch was a fake million dollar watch he bought in Asia.
What kind of person even wants to sport a fake watch? Really, a million dollar watch? What a phony! These people need to be brought down!
I would rather see a $19.00 Timex on my company leader. These two Ponzi Pimps will get their just due one day soon.
Hi,
I joined AGN recently and soon realised after a few weeks that they were fake. I read your review and that made up my mind for me, so I unsubsrcibed just before they asked me to upgrade.
As for STP, I can personally say that they are the worst e-wallet site to deal with. I joined a revenue share site that had used them. At the start, it was easy and they took my money to make my initial payment.
However, when I asked to withdraw any earnings STP made it difficult and kept asking to confirm my card details and even after I sent them all the required documentation, they suspended my account.
I tried to contact their support and was told that I had to login to my account to do so, which was ridiculous since it was suspended. This was two months ago and I still have no replies.
Therefore, if anyone is still with AGN and if they now STP for their withdrawals then look forward to getting nothing back from neither AGN or STP not sure which are the bigger scammers.
is AGN scam or will come back in january 2015?
As per its business model, AGN was always a Ponzi scam.
Ponzi schemes that run out of funds usually don’t come back. The only exception is when an admin pulls a reboot.
i was in agn when it first launched and the support email was telexfree(at)gmail.com so that kinda gave me the impression they were some how tied into telexfree since they launched rite after telex had been shut down.
AGN and Argentpay have LOOTED members of billions of dollars, they bare accusing each other and suspending each other pending investigations.
Members were deleted from AGNsocial a platform created by AGN for its members to share and give support just because members demanded for their money.
These two companies are scam and now they are enjoying their LOOT.
instagram @victorrival
he is doing bitcoin biz.