Primus Social Review: Wealth4AllTeam rebooted
Launched in 2010, Wealth4AllTeam was an investment opportunity that offered members 193%-250% ROIs over 60 or 120 days (depending on how much was invested).
With no retail arm and ROIs paid out to members solely from new investment money coming in from members, in late August/early October the Wealth4AllTeam Ponzi scheme finally collapsed.
Rather than just cut and run with everyone’s money though when the scheme collapsed, Danny Cianciulli (photo right) and the rest of Wealth4AllTeam’s management announced a new venture in the works, “Primus Hub”.
Proportionate withdrawals were offered to members (around 10% of their claimed earnings), but these were soon stopped.
Upon announcing their new venture and with many Wealth4AllTeam affiliates still having thousands of dollars tied up in the collapsed Wealth4AllTeam investment scheme, management immediately began to offer $25 “shares” in their new venture to existing Wealth4AllTeam members.
Each share was supposed to pay out a dividend pegged to the success of their new venture, Primus Hub, however management stated that nothing would be paid out until the company had paid its “expenses, taxes and (executive) salaries”.
Or in other words, nobody was getting a cent till those running the scheme had handsomely paid themselves.
Primus Hub has been billed as a combination of income opportunities, revolving around advertising (Primus Marketing), penny auctions (Primus Auction), a shopping portal (Primus Mall) and a social network platform (Primus Social).
As the weeks dragged on following the initial announcement of Primus Hub, recently the compensation plan for Primus Social was made public and provides an insight into the direction the Wealth4AllTeam management are heading.
Read on for a full review of the Primus Social MLM income opportunity.
The Primus Social Product Line
Primus Social claim their social network will be
refreshing new concept in social media which allows you to EARN INCOME, have fun, and do what you already do… Connect with Family, Friends, and Like-Minded Business people.
The “product” appears to be a social network platform that allows members to set up “friend, family and professional profiles” to interact with other users.
Additionally Primus Social members will also be able to set up their own blogs, linked of course to their Primus Social member accounts.
The Primus Social Compensation Plan
There is no retail product or service offered under the Primus Social MLM income opportunity, with membership to the company itself being the only thing members are able to sell.
Membership to Primus Social is $12.95 a month, with members paid using a 2×20 matrix.
A 2×20 matrix places a member at the top of the matrix with two legs branching out from under them (level 1). In turn, these two legs branch out into another two legs (level 2) and so on and so forth down 20 levels.
How much a Primus Social member earns depends on how many members they have in their matrix, and what level these of the matrix these members fall on.
Note that members in a Primus Social member’s matrix are defined as direct and indirect, with direct being personal recruit and indirect coming from a member’s up or downline.
The monthly payouts for the Primus Social matrix (per member in a matrix) is as follows:
- Level 1 – direct recruitment: $1, indirect recruitment: $0.25 cents
- Level 2 – direct recruitment: $0.75 cents, indirect recruitment: $0.25 cents
- Level 3 – direct recruitment: $0.50 cents, indirect recruitment: $0.75 cents
- Level 4 – direct recruitment: $0.50 cents, indirect recruitment: $0.25 cents
- Level 5 – direct recruitment: $0.50 cents, indirect recruitment: $0.10 cents
- Levels 6 and 7 – direct recruitment: $0.25 cents, indirect recruitment: $0.10 cents
- Levels 8 to 12 – direct recruitment: $0.10 cents, indirect recruitment: $0.10 cents
- Levels 13 to 17 – direct recruitment: $0.10 cents, indirect recruitment: $0.05 cents
- Level 18 – direct recruitment: $0.25 cents, indirect recruitment: $0.05 cents
- Levels 19 and 20 – direct recruitment: $0.50 cents, indirect recruitment: $0.20 cents
Additionally in order to ensure their members recruit new members before they get paid anything, Primus Social enforces the following recruitment qualifications:
- commissions on the first 5 levels of the matrix = recruit 2 new members
- commissions on levels 5 – 10 = recruit two more new members (4 total)
- commissions on levels 11-15 = recruit two more new members (6 total)
- commissions on levels 16-20 = recruit two more new members (8 total)
Joining Primus Social
Membership to Primus Social is $12.95 a month.
Free membership apparently also exists, however the specifics of this (what differentiates free membership from paid) was not available at the time of publication of this review from the Primus Social website.
Additionally it is currently only possible to sign up to Primus Social as a paying member and only if you have a referral link from an existing member (forced recruitment).
In explaining their compensation plan, Primus Social state
upgraded members pay a $12.95 monthly membership fee and are placed into a 2×20 matrix.
Primus Hub pays over 80% of the membership fee back out to the members in the matrix.
No difference between “upgraded” and non-upgraded members is provided, other than the fact that those “upgrading” are buying a position in the Primus Hub income opportunity.
In any case, it’s clear that 100% of the commissions paid out in Primus Social are derided from monthly membership fees and that no products and services are being sold at a retail level (all Primus Social members are placed into the compensation plan).
As such commissions in Primus Social are solely dependent on first the recruitment of new members and then the continued payment of monthly membership fees.
Additionally, new members are unable to earn in the scheme unless they recruit at least two new members themselves.
Despite operating a blatant pyramid scheme, Primus Social seem to believe that including the following in their membership agreement,
I understand that since the Association (Primus Hub) is protected by the First and Fourteenth Amendments to the U.S. Constitution, it is outside the jurisdiction and authority of Federal and State Agencies and Authorities concerning any and all complaints or grievances against the Association, any Trustee(s), members or other staff persons.
protects them from both US Federal and State authorities.
Curiously however, in the company’s “terms and conditions”, Primus Hub also state:
Subscriber agrees that the laws of the state of California without regard to conflicts of law’s provisions will govern these Terms and Condition of Use and any dispute that may arise between Subscriber and Company or its affiliates.
It would seem that when running a pyramid scheme Primus Social believe US law does not apply to them, however any disputes between themselves and their members (such as “where did my money go after the Wealth4AllTeam Ponzi scheme collapsed?“), will apparently be resolved under Californian law.
With Wealth4AllTeam an obvious Ponzi scheme and now dead and buried, many of its members who had imaginary earnings tied up in the scheme (and very real initial investment losses) are expected to turn to Primus Hub as a vehicle to reclaim their losses.
Whilst the details of the other components of Primus Hub are not available at this time, if Primus Social is anything to go by (marketed as the central “hub” of the Primus Hub MLM income opportunity), things aren’t looking too bright.
Wealth4AllTeam collapsed due to the inherent long-term sustainability problems all Ponzi schemes suffer from, Primus Social merely replaces those problems with those of a pyramid scheme.
Once members at the bottom of the matrix realise they can’t find anyone to recruit, they stop paying membership fees and before you know it the entire scheme has imploded again.
Fool me once, shame on you. Fool me twice… well, you know how it goes.
All of those “opportunities” can be ordered online as ready-made scripts costing a few hundred at most.
Selling “shares” would make them illegal ASAP via SEC, and soliciting this sort of thing via email would make them subject to wire fraud.
SEC you say? Pishtock!
Can’t you read? Danny Cianciulli and Primus Hub are ‘outside the jurisdiction and authority of Federal and State Agencies and Authorities ‘.
But, but, but,
Mr Cianciulli is a U.S. resident.
In fact, he resides in New Rochelle.
Must be some sort of new fangled law that says U.S. residents can run online HYIPs using U.S. based web hosts while remaining exempt from the laws which govern the rest of the U.S. citizens.
Or, on the other hand, he’s just plain lying.
First Amendment only applies to speech, not illegal conduct (such as fraud and fraudulent business, such as pyramid schemes).
Fourteenth Amendment… the only applicable thing is “due process”, which means government can take you to court (and slap you with a cease and desist before you reach court).
Bunch of “sea lawyers” making up excuses to lull the masses. What’s next? “Sovereign Citizen” claims that Uniform Commercial Code preempts state law?
So, did they get rid of the ponzi/investment part of the scheme?
Or is that the “Genesis” project they’ve talked about in the past.
My strawman says goose gravy!
This type of madness also was present in ProfitClicking/JSSTripler/JustBeenPaid and the ASD knockoff known as AdViewGlobal, among others. It reads like an invitation for members to join a financial conspiracy — one that announces its bizarre cover story up front.
AVG was so bizarre it effectively declared itself a U.S. satellite state situated in Uruguay that somehow was protected by the Constitutions of the United States and Florida on foreign soil.
At one point, AVG appears to have tried to route money to itself via a Florida shell company. It also appears to have tried to start its own payment processor from the electronic shell of an Arizona company.
The sky was the limit with respect to the various absurdities advanced by AVG. Purported “sovereign” being Curtis Richmond of ASD fame was described by the AVG forum mods as a “hero,” for example.
Zeek Rewards (and ASD) pitchman “Ken Russo” was a pitchman for Wealth4AllTeam before if morphed into Primus Social. “Ken Russo” also pushed the Club Asteria scam and the infamous JSSTripler2 and Compound150 schemes advanced by “Dave” — before and after “Dave’s” purported bout with Dengue Fever.
Last I head, “Dave” was getting into the “auction” business, too.
One of the Wealth4AllTeam “defenders” — I can’t remember which one right now — got the notion he could intimidate RealScam.com into not publishing information unfriendly to WealthForAllTeam.
These are the actions of racketeers, not legitimate businesspeople. Basically, the schemes all are shuffling fraudulent proceeds between and among themselves.
In my view, it is very likely that money from Zeek and other schemes made its way to Wealth4AllTeam and “programs” such as Bidify — meaning those programs are in possession of tainted funds.
One enterprise after another is (or has) raised capital from “members” of fraudulent schemes and much of the money was raised via wires that pass through the United States.
Any number of predators surfaced after Zeek — in effect inviting Zeek members whose “profits” were subject to clawback to use that money in the new “programs” before it could be attached.
One way to look at Primus Social and Bidify is as a timebomb. The business models and magical thinking alone are exceptionally problematic — and the fact that Zeek money from the Stepfordians and willfully blind hucksters likely made it into the coffers of the other “programs” is potentially fatal.
Very Interesting article.
If they do launch the PrimusAds,PrimusMarketing,PrimusMall and PrimusAuctions arms of the hub.
Are these not considered products and services?
Do these not generate income for the business?
So how is it a Ponzi?
Is the Primus Social site not a way to advertise my products and services? So is that not a vehicle for me to gain exposure for my products and or services?
An Example: The PrimusMall arm of the PrimusHub when it launches. These will be real products and services that will be available for sale. Will this not produce an income for the Association and indirectly provide an income for the shareholders. What is the difference between this and Amazon?
So what constitutes a Ponzi is it not using other peoples money to pay for the ones that are owed money with no visible income coming from any outside sources except from new members joining.
There will be other arms that will be added to the PrimusHub that will do the same thing offer products and services that generate an income. So this is why I believe that you are wrong when you say that this is another Ponzi.
Blahblahblah if the compensation plan has nothing to do with the products and everything to do with signing people up then nothing changes.
Membership to any of the yet-to-be-launched services is not a valid commissionable product in MLM.
Oh and that’s conveniently forgetting about Wealth4AllTeam’s pyramid scheme roots bankrolling this whole mess.
Given the compensation structure Primus Social has adopted, the legitimacy of the rest of the operation (purely on the fact they lead with a blatant pyramid scheme), doesn’t look promising.
What is interesting about the “new” Primus Hub was it was supposed to launch on Nov 24, and it still has not launched. So far no official word given on the Ponzi forums as to why.
Even when asking what happened, no-one is answering. If that alone does not convince people this is a re-branded Ponzi, then they will never learn.
But they have made it a requirement to get your money out of w4at you have to become part of Primus Hub, and charge you $12.95/mo for the privilege of hoping to get what your AU’s totals were in w4at when it collapsed.
By the time people get all their money out of the AU’s from paying the monthly fees, they will be lucky to get 60% of it back, and in some cases they will get less than 20%. But it is not a Ponzi.
It is clear what Danny had in mind when he decided to shut down W4all even thru just a couple of months earlier he said we were just fine.
So he takes our money and builds another web site then act like nothing happen.
And this is what thieves do.