amazing5-logoAmazing5 claim to be an “international wealth management company”, but on their website offer up no specifics as to who owns or runs the business.

The Amazing5 website domain (“amazing5.net”) was registered on the 29th of August 2015, however the domain registration is set to private.

As per the FAQ section of the Amazing5 website;

Amazing5 Limited is a fully registered investment company based in the United Kingdom.

The Corporate Headquarters of Amazing5 Limited is located here: 8-9 Talbot CT, London, United Kingdom, EC3V 0BP.

A Google search on the provided address reveals multiple business operating out of it, strongly suggesting it’s rented virtual office space. A UK company registration meanwhile costs about £20 GBP.

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.

The Amazing5 Product Line

Amazing5 has no retailable products or services, with affiliates only able to market Amazing5 affiliate membership itself.

The Amazing5 Compensation Plan

The Amazing5 compensation plan sees affiliates invest in “investment portfolios”, each with an advertised ROI:

  • The Five – invest $20 to $500,000 and receive a 155% ROI after 31 days
  • Fixed 112 – invest $20 to $500,000 and receive a 112% ROI after 10 days

Referral commissions in Amazing 5 are paid out 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):

unilevel-commission-structure

If any level 1 affiliates recruit new affiliates of their own, 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.

Amazing5 cap payable unilevel levels at three, with how much of a referral commission paid out determined by how much an affiliate has invested.

  • invest $0 to $999 – 10% on level 1, 2% on level 2 and 1% on level 3
  • invest $1000 or more – 15% on level 1, 3% on level 2 and 2% on level 3

Joining Amazing5

Affiliate membership with Amazing5 is free, however an investment of at least $20 is required to participate in the Amazing5 income opportunity.

Conclusion

Amazing5 appear to be operating out of Russia, with Russia and neighbouring Ukraine the first and second traffic sources to the Amazing5 website (52.9% and 8.9% respectively).

India and Brazil round out the top four, with both countries currently hotbeds of MLM underbelly recruitment.

On the business model side of things, Amazing5 offer up nothing more than participation in investment fraud.

Amazing5 affiliates invest money with advertised ROIs paid out of subsequently invested funds. Referral commissions paid out add an additional pyramid layer to the scheme.

Posts on the Amazing5 website suggest the company is targeting new markets in Europe, with recently announced website translations in Spanish, German, French, Italian and Portuguese.

A Chinese translation was completed on January 31st, reflecting the targeting of non-European low-hanging fruit markets for investment fraud too.

As with all such schemes, once newly invested funds dry up Amazing5 will find itself unable to meet its advertised ROI obligations.

This will result in a collapse, with most investors losing their money and the anonymous Amazing5 admin doing a runner.

Of particular note is the daily ROI nature of Amazing5, which will likely see investors not realize the scheme has collapsed until they go to make a withdrawal (advertised ROIs are not actually converted into real money until a withdrawal request is processed).

This permits the Amazing5 admin to maximize the funds they eventually run off with, equally screwing over late investors to the greatest degree possible.