AdGainBucks Review: $5 to $20 ad-credit Ponzi investment
AdGainBucks recently launched and operate in the ad-credit MLM niche.
The company provides no contact details on its website, however it does name Gennaro Avitabile as a major shareholder, Director and CEO.
Avitabile (right) claims to be originally from Italy, but has “lived several years in United Kingdom”. The UK is presumably where AdGainBucks is being operated from.
Possibly due to language barriers, I was unable to source an MLM history on Avitabile.
Avitabile does mention however that he didn’t want AdGainBucks to be ‘a cheap copycat like most of the revenue share company out there‘. This suggests some familiarity with the MLM revenue sharing niche, which is typically populated with Ponzi schemes.
Read on for a full review of the AdGainBucks MLM business opportunity.
The AdGainBucks Product Line
AdGainBucks has no retailable products or services, with affiliates only able to market AdGainBucks affiliate membership itself.
Once signed up, affiliates can invest and participate in the AdGainBucks MLM income opportunity.
Bundled with each investment are a series of advertising credits, which can be used to display advertising on the AdGainBucks website.
The AdGainBucks Compensation Plan
The AdGainBucks compensation plan sees affiliates invest in three offered packages:
- Silver Package – $5
- Golden Package – $10
- Diamond Package – $20
Affiliates must purchase 100 Silver Packages before they can purchase Golden Packages, and then 100 Golden Packages before they can purchase Diamond Packages.
Each package comes with an advertised ROI, paid out as follows:
- Silver Package – 117% ROI over 15 days
- Golden Package – 125% ROI over 32 days
- Diamond Package – 136% ROI over 70 days
Residual commissions are also available on recruited affiliate investment, paid out down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 3%
- level 3 – 2%
Affiliates can also earn fractions of a cent are paid out on clicks of ads displayed on the AdGainBucks website. What with payouts so low however, they’re not really worth getting into.
Joining AdGainBucks
AdGainBucks affiliate is membership is free, however free affiliates can only earn recruitment commissions.
Full participation in the AdGainBucks income opportunity requires investment in either a Silver ($5), Golden ($10) or Diamond Package ($20).
Conclusion
We are a rev-share that shares 90% of its profit.
It’s very important that you understand that a rev-share company shares its profits and doesn’t generate any profit outside from the platform.
The above, taken from the AdGainBucks website, spells out a Ponzi scheme.
This is backed by the AdGainBucks compensation plan, which pays affiliates an advertised ROI. As per AdGainBucks’ statement above, that ROI is sourced from newly invested funds. This defines AdGainBucks as a Ponzi scheme.
The recruitment commissions offered add an additional pyramid layer to the scheme, with constant new recruitment required to prevent AdGainBucks from collapsing.
Or as AdGainBucks put it, “a community that keeps buying packages.”
Mathematically Ponzi schemes guarantee that the majority of participants lose money. AdGainBucks is no different, with the inevitable collapse leaving most investors out of pocket.
Hi Behind MLM, Thanks for the review:
I believe you didn’t pointed few things right.
First of all, I can share with you public infos about the company:
beta.companieshouse.gov.uk/company/10008891
Our Company has been registered in the U.K. and our names are real name.
I always check your option about online business but as I said i’m not really happy.
The first thing I would like to discuss about with you is:
Where did you read in the website the word investment?
I tried my best to make sure not to write this word anywhere but in the way you are writing about us it seems you have found this word in out website. Please let me know about that.
Another thing, “earn up to” doesn’t mean that this is the exactly amount of percentage, but it means that it is the max amount they can reach. It means that it can be between 0% and the showed percentage.
I wrote that already in MMG forum and i’m going to write that here as well:
You can check wikipedia yourself and you will find this as Ponzi Definition:
You can see that nothing really matches with this definition and the reason I wrote the admin and pay plan page is to clear the situation with even less expert people that want to join our service.
Anyway, first point of the definition says returns are promised in a ponzi scheme, in AdGainBucks we pay the packages earning only if we sell enough products.
Number 2, this is not an investment, what you pay for is a service where you MIGHT end up earning more then what you spent.
I’m not running a hedge fund company and what AdGainBucks’s member is buying is a service, we don’t add random money to people’s ewallet but we add to people’s ewallet only money that the company is able to pay out.
Anyway, this was a long message and I hope I didn’t forget to write anything.
Again Behind MLM,I respect the job you have done over the years, but you are a very influential source and you should take more time before to judge and eventually ruin a company image even before to understand fully how it works.
If you want more clarifications just send me an email and I’m open for a Skype call, so if you miss something I will try to explain it to you.
Best Regards
Gennaro Avitabile (not Abitabile)
Hi Gennaro, thanks for stopping by. Apologies on your surname, I’ve fixed that up.
Last I checked UK rego was 20 GBP or so and all you need is a UK address (rented mailbox or otherwise). It doesn’t really mean anything.
I didn’t. I used my brain.
Investment + ROI = obviously an investment opportunity.
You’ll pay it out though as long as newly invested funds are dumped into the scheme.
You’re soliciting investment on the basis of advertised ROIs, and you’re using newly invested funds to pay off existing investors. That’s a Ponzi scheme.
Purchasing products doesn’t pay a ROI, investments do. What you bundle with the investments is irrelevant.
Paying for a service doesn’t pay a ROI, investments do.
I’d like to think the reason you check BehindMLM is because we’re spot on. I haven’t done anything differently with analysis of AdGainBucks – it’s just another ad-credit Ponzi scheme.
You’re comp plan gives it away, you can’t really talk your way out of that.
Hi Oz, It means a lot to me because I’m exposing myself in this company.
What you see in the website is not a ROI but a potential earning.
What ROI means is measuring return on investment, this is not an investment so that’s not the right terminology. I made things very clear on the website, nobody is getting tricky here.
And this is how revshare works, as I wrote earlier today, the business name tells everithing about the business itself.
What you are saying then is that no revshare websites should be allowed. Right?
Revshares company are allowed, and I’m doing it in the right way.
I don’t support revshare companies only if:
-The owner is not paying to its members whatever money he owns to them
-The owner add to its members random money to their ewallet.
I took time to avoid the second case, building a custom made script that make the website work in a legit way. About the payout I will pay whatever amount AdGainBucks members will manage to get back from the sharing.
You can have your own opinion about a business but as I said earlier, you are ruining AdGainBucks reputation for nothing.
How many revshare have you seen out there being so clear to its members? Not to many I guess.
Anyway, as I told you I’m available for a skype call whenever you want, I’m not fine to be tagged as a kind of scammer when I spent 8 months on developing this company in a safe way, and in a legit way.
I’ve yet to see anything come of a UK corp rego. And anyway, that doesn’t have anything to do with a Ponzi offering.
Sure it is. I deposit $x and AdGainBucks pays me greater than $x over time. That’s an investment.
Yeah, a Ponzi scheme. Got it.
Only those that use newly invested funds to pay off existing investors.
Ponzi fraud is illegal the world over, even in the UK.
1. There’s no opinion needed. By virtue of its business model, AdGainBucks is a Ponzi scheme.
2. There’s no buts when it comes to Ponzi schemes.
Clear? You can’t even acknowledge AdGainBucks is a Ponzi scheme. Instead you’re rattling off standard excuses about selling ad-credits. This is the same as every other ad-credit Ponzi scheme out there pretending it’s not.
You’d probably want to get rid AdGainBucks’ “use newly invested funds to pay off existing investors” business model then.
I see, it’s not a 2 way conversation this one. This is not a Ponzi because this is not an investment.
Sorry Oz but you are confused about the company structure. I tried to talk to you but there are no point.
Gennaro… it sounds to me like you haven’t looked at actual laws in the various nationalities where your company operates.
Try researching investment rules (the Howey Test, in the United States for one), snowball schemes (Gambling Act 2005 in the UK, Section 43), and other real life financial terms.
(2) An arrangement is a “chain-gift” scheme if— (Ozedit: No idea what a “chain-gift scheme” is and don’t care. AdGainBucks is a Ponzi scheme because it uses newly invested funds to pay off existing investors.)
Gennaro, you’ve given one explanation of what constitutes a “pyramid” or “endless chain recruitment” scheme from one source.
How about we use the explanation given by the former General Counsel for the FTC, Debra A Valentine and see if it differs from yours. Remembering, of course, Ms Valentine is not seeking peoples’ money to participate in the scheme.
I hope you have that in writing, so you can sue this lawyer when you get hauled into court.
As for your wordsmithing… The “purchase” of the ad pack is the joining fee, which entitled the participant/purchaser to “earn” ROI. Find a real lawyer who knows fraud law, as your future depends on it.
LRM, G is going to argue he’s not in the US. 😉
Ah, the old “I’m not in the USA, so US law doesn’t affect me” argument, Eh ???
Completely overlooked Genaros’ location – my fault
@Gennaro
AdGainBucks is a Ponzi scheme by virtue of it’s business model.
The reason your bullshit “we aren’t a Ponzi scheme” logic isn’t working, is because it’s bullshit.
Hi everybody.
I would totally agree with you if I was writing in the website that there was any guaranteed earning. I decided to be clear with members.
There are revshare that in order to get a lot people are not clear on the earning point.
In top 3 revshare company in their website, managers wrote that it’s easy like 1, 2,3 making money with their system. But that’s not the case.
What I do is to provide in my website members all the informations about how it works.
I get money for advertising, people that join the website are mainly people that join similar business, so they have a target advertising.
And I share the profit I make with them without promising to anybody to become rich overnight (making sure that they know that because I wrote it all around the website).
What’s wrong with that?
If you advertise with Google Ads, the advertising would cost them even more without any cash back in any case and most important and the target is not good.
What earthly difference does it make if the earnings are guaranteed or not ???
A ponzi is a ponzi because of what happens in reality, not because of what the owner guarantees, what Google does or what other ponzi schemes disguised as “revshares” do.
Hello Gennaro,
If nothing is guaranteed, why don’t you make that far more clear in your opening post at the MMG ponzi forums.. moneymakergroup.com/Adgainbucks-Adgainbucks-t512536.html
Perhaps you can emphasize that there might be zero money earned from purchases and they could actually lose money when they buy your “advertising”. 😉 Experienced members there will know the realities anyway.
Also, if you want to claim your advertising is so well targeted and ROI on purchases isn’t guaranteed anyway, why would you need forced repurchases? When asked if there were forced repurchases, you responded.
Of course, further down the thread, it shows that there are forced repurchases.
LOL, with no guaranteed ROI and trememdously targeted advertising (you know, better than Google ads), why would sustainability even be an issue?
Even if there isn’t any profit to share, shouldn’t your clients’ advertising results bring them enough ROI alone to keep doing business with you? After all, purchasing advertising is the main reason people are there, right?
It’s also pretty funny that you identify yourself as a “Major shareholder” on a site that isn’t selling investments. Is Adgainbucks a publicly traded company?
Here’s a question for you about the cycle times on the packages.
If you don’t earn enough profits to pay out the advertised “not guaranteed” ROI in the cycle time allotted, is that it for that package.
For example, somebody buys the $5 Silver Package which is claimed to earn up to 117% back, which would be $5.85 or and average of $0.39/day.
Let’s say business is a little slow and your profit level only allows you to pay out an average of $0.10 per day, or $1.50 over 15 days. After that, the member no longer earns from that ad package, right?
@Gennaro
Whether you guarantee ROIs or not is irrelevant. AdGainBucks investors are investing on the promise of advertised ROIs.
Those ROIs are paid out of newly invested funds, making AdGainBucks a Ponzi scheme.
There’s no wiggle room here. You can’t add a product and claim to be legit. Neither can you hide behind “we don’t guarantee the ROIs!” It is what it is, a Ponzi scheme.