RealityProfit Review: Capitalizing on Ponzi greed
There is no information on the RealityProfit website indicating who runs or owns the business.
The domain ‘realityprofit.com’ was registered on the 27th May 2012 however the domain registration information 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 RealityProfit Product Line
RealityProfit has no retailable products or services. Instead, with each $10 investment made with the company by members, RealityProfit bundle advertising credits which can then be used to display advertising on an in-house advertising network featured on the RealityProfit website.
The RealityProfit Compensation Plan
RealityProfit accept $10 investments from their members and guarantee an indefinite daily 8% ROI. Members must login to the RealityProfit website daily to be paid out their 8% daily ROI.
$8000 is the maximum amount of money each member is able to invest in the scheme which equates to a $640 ROI a day. 25% of the profits withdrawn must also be re-invested back into the scheme.
In addition to personal investment returns, RealityProfit also offer commissions on investments made by members referred to the scheme.
Reality Profit pay out 8% on all investments made by direct referrals (people you personally recruit) and 7% on investments made by members your direct referrals recruit.
Joining RealityProfit
Membership to RealityProfit is free however members are unable to generate commissions without investing money into the scheme.
Free members can generate referral commissions but if they wish to cash out they too must invest their money first.
Conclusion
RealityProfit claims to be an ‘ online advertising program’ however advertising cannot actually be purchased from the company with members instead making investments.
RealityProfit themselves make this distinction in their own marketing material:
Our Members Can earn from our PROFIT SHARING POOL by purchasing Ad packs that cost just $10.00 per unit which gives them 8,000 advertising credits and that also gives them a $10 position in our PROFIT SHARING POOL.
You can’t buy $10 of advertising and a $10 position (investment) in the scheme so it’s either one or the other.
In their explanation of the forced 25% re-investment component of their compensation plan, RealityProfit clarify what it is members are actually purchasing with their $10:
RealityProfit uses a 75/25 split re-invest plan. This eliminates people from just withdrawing their earnings and not re-investing.
Whereas most Ponzi investment schemes set a fixed maturity timeline for investments made with them, RealityProfit leaves this timeline open-ended and dependent entirely on the greed of the investor.
Guaranteeing to pay out a 8% daily ROI as long as money is not withdrawn, it’s easy to see that with no other revenue source than member investments RealityProfit is only going to “work” as long as everybody leaves their money in the scheme trying to reach the $640 a day ROI cap.
Obviously there’s no way known RealityProfit are going to be able to pay out multiple people $640 a day on a $10 investment so long before anyone gets near that cap the scheme is clearly going to collapse.
Or as RealityProfit put it,
RealityProfit has the vision to continue to create wealth to our members for the longer term.
RealityProfit reserves the right to amend/edit these special features/strategies where and when it is warranted for the long-term sustainability of the program.
With Ponzi schemes being mathematically unsustainable in the long-term, no doubt these “special features/strategies” simply involve shutting down the website and running off with investor’s money.
Very skeptical….The site has many grammar and spelling errors which leads me to believe that the site was built in a hurry and not properly tested / edited.
I joined for free as advertised. If you go to the home page and click on payouts, you’ll notice that everyone that has joined is testing the system by turning around and withdrawing money at $10.00, $22.00 etc…
A big red flag is that there is no known location of the company, nor is there any mention of an owner. Free is not always good. There is no membership and also no mantion of the proper protocol of Multi Level Marketing compensation plan other than the 2 level payout which is also too generous for comfort.
I suspect this company is located outside of the U.S. and out of the reach of the Federal Trade Commission, which is another red flag. Tread carefully with this company.
@Dave — I suspect there are few, if ANY real people putting their money in. Most of those who claimed they got paid are shills.
It is very a great pity that i put my $20 that seems almost $20,000 to me before i got to know all of these.
Gus you are doing great work here please i plead keep it up for real. I sincerely know i lost that money but nonetheless i will keep coming back here before any subsequent investment, once again thanks a lot.
I put $50 in realityprofit then after it doubled I tried to withdraw all of it to reinvest it’s been over 2week and I want to report them to the better business bureau but have no info on them. Don’t take a chance on them it’s bullshit!
This Site is a SCAM SCAM,I ave invested 50 dollars let it run 30 days and trying to with drew the money since 8/14/2012 with no luck they also will not respond to any of my support tickets.
if you go to there face book page and read how many people are getting scammed its crazy the page is still up and running
These guys have just launched a new Ponzi, 11 Daily Doubler.
I’m not at all surprised they’ve stopped paying out on their previous Ponzi. They’ll use the funds scammed from Reality Profit members to initially pay out 11 Daily DOubler members before launching a new scheme and running off again.
I have an investment that has been running for over two months.I tried to cash in, but it is not happening. And there is no answer from support; EVER!
This is a SCAM!