Nextera pyramid fraud warning from Russia
Nextera has received a pyramid fraud warning from the Central Bank of Russia (CBR).
As per the CBR’s July 15th warning, Nextera exhibits “signs of a financial pyramid”.
BehindMLM reviewed Nextera on July 6th. Based on its business model, we concluded Nextera was a Ponzi scheme.
With nothing marketed or sold to retail customers, the MLM side of Nextera functions as a pyramid scheme.
Nextera launched in late May 2022. SimilarWeb reports Nextera received 3.1 million visits to its website in June.
Traffic to Nextera’s website primarily originates from Russia (17%), Angola (16%), Ukraine (6%), Argentina (5%) and Venezuela (5%).