Alterion Review: AI trading bot ruse Ponzi scheme
Alterion fails to provide ownership or executive information on its website.
Alterion’s website domain (“alterion.ltd”), was privately registered on July 20th, 2023.
In an attempt to appear legitimate, Alterion provides shell company registration details for “Alterion LTD”.
Alterion LTD was incorporated in the UK back in 2000. Given Alterion the MLM company has only existed for a few months, whoever is running Alterion appears to have misappropriated Alterion LTD’s details.
It should also be noted that whoever is behind Alterion is also behind other fraudulent investment schemes:
In total Google returns four results for the Alterion website script template:
- DailyProfite (“dailyprofite.club”) – Ponzi scheme pitching a 200% ROI
- Growex (“growex.top”) – Ponzi scheme pitching 1% a day
- Alterion clone (“alterion.site”) – Ponzi scheme pitching 1% a day
- Tencent Equity (“tencentequity.com”) – Ponzi scheme running older version of the script (same copy)
As always, if an 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.
Alterion’s Products
Alterion has no retailable products or services.
Affiliates are only able to market Alterion affiliate membership itself.
Alterion’s Compensation Plan
Alterion affiliates invest $40 or more in cryptocurrency.
This is done on the promise of an advertised 0.6% to 1% a day passive return.
The MLM side of Alterion pays on recruitment of affiliate investors.
Alterion Affiliate Ranks
There are ten affiliate ranks within Alterion’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Rookie – generate $1500 in personally recruited downline investment volume and $5000 in total downline investment volume
- Junior – generate $2000 in personally recruited downline investment volume and $8000 in total downline investment volume
- Intermediate – generate $3000 in personally recruited downline investment volume and $15,000 in total downline investment volume
- Senior – generate $5000 in personally recruited downline investment volume and $25,000 in total downline investment volume
- Expert – generate $8000 in personally recruited downline investment volume and $40,000 in total downline investment volume
- Master – generate $12,000 in personally recruited downline investment volume and $60,000 in total downline investment volume
- Elite – generate $15,000 in personally recruited downline investment volume and $90,000 in total downline investment volume
- Premier – generate $18,000 in personally recruited downline investment volume and $120,000 in total downline investment volume
- Executive – generate $20,000 in personally recruited downline investment volume and $180,000 in total downline investment volume
- Diamond – generate $25,000 in personally recruited downline investment volume and $300,000 in total downline investment volume
Referral Commissions
Alterion pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Alterion caps payable unilevel team levels at four.
Referral commissions are paid out across three levels as follows:
- level 1 (personally recruited affiliates) – 3%
- levels 2 and 3 – 1%
If an Alterion affiliate generates $3000 in downline investment volume, referral commissions are expanded down four unilevel team levels:
- level 1 – 4%
- level 2 – 2%
- levels 3 and 4 – 1%
ROI Match
Alterion pays an ROI match down ten unilevel team levels:
- level 1 – 10%
- level 2 – 5%
- levels 3 to 10 – 2%
Joining Alterion
Alterion affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $40 investment.
Alterion solicits investment in various cryptocurrencies.
Alterion Conclusion
Alterion represents it generates external revenue via an AI trading bot:
Our company is engaged in the development, testing, Orchestrating an AI-Driven Automated Trading System with Precision.
Alterion fails to provide evidence it pays withdrawals with trading revenue. This is in line with Alterion misappropriating an existing UK company name.
As it stands, the only verifiable source of revenue entering Alterion is new investment.
Using new investment to pay affiliate withdrawals would make Alterion a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Alterion of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
I see 23 reviews for Alterion LTD with 5 stars on Trustpilot:
share-your-photo.com/648ad64dc8
trustpilot.com/review/alterion.ltd
Apparently 23 members have done what is required on the website:
share-your-photo.com/1ed827be6b
alterion.ltd/bounty
I recognize bought and paid positive reviews here that are worth nothing. It is unbelievable what is possible in MLM.
No doubts reviews were paid for. It’s unbelievable that people still fall for it.