Athena Group fails to provide ownership or executive information on its website.

Athena Group’s website domain (“athenagroupai.com”), was privately registered on July 10th, 2024.

An official marketing video on Athena Group’s website names “Aderly Dupont” as President of the company.

Aderly Dupont is a former top Mavie Global (Ultron) Ponzi scammer:

Dupont’s FaceBook profile cites him as originally from Peru but now living in Quebec, Canada.

Quebec’s AMF issued a Mavie Global fraud warning in June 2024. Mavie Global’s Ultron Ponzi scheme went on to collapse later that same month. Athena Group’s website domain was registered a few weeks later.

Perhaps not surprisingly, Aderly Dupont directs his fraud at primarily Spanish-speaking consumers:

Accomplices of Dupont who also feature in Athena Group marketing videos are Julian Lopez F and Paula Franco.

In the footer of Athena Group’s website we find an address in Ajman Free Zone, UAE.

Within the context of MLM due-diligence, the Ajman Free Zone allows scammers to set up shell companies outside of active law enforcement. Athena Group is purportedly tied to the UAE shell company AthenaGroup FZC.

The Ajman Free Zone is also a stones throw from Dubai, the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

  1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
  2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Athena Group, read on for a full review.

Athena Group’s Products

Athena Group has no retailable products or services.

Affiliates are only able to market Athena Group affiliate membership itself.

Athena Group’s Compensation Plan

Athena Group affiliates invest tether (USDT). This is done on the promise of “up to 20%” a month in passive returns.

  • Hermes Membership (500 USDT every 24 months) – no returns, access to MLM commissions only
  • Metis Membership (1500 USDT every 24 months) – 1000 USDT min investment on the promise of up to 6% a month
  • Apolo Membership (5000 USDT every 24 months) – 3000 USDT min investment on the promise of up to 10% a month
  • Athena Membership (7500 USDT every 24 months) – 5000 USDT min investment on the promise of up to 15% a month
  • Hera Membership (12,500 USDT every 24 months) – 10,000 USDT min investment on the promise of up to 18% a month
  • Zeus Membership (25,000 USDT every 24 months) – 20,000 USDT min investment on the promise of up to 20% a month

Based on which Athena Group membership is purchased, “Mining Rewards” are also paid out:

  • Metis Membership affiliates receive 250 AMLs and 3% per matrix cycle
  • Apolo Membership affiliates receive 1000 AMLs and 5% per matrix cycle
  • Athena Membership affiliates receive 2000 AMLs and 6% per matrix cycle
  • Hera Membership affiliates receive 5000 AMLs and 7% per matrix cycle
  • Zeus Membership affiliates receive 10,000 AMLs and 9% per matrix cycle

Note that what “AMLs” are isn’t defined. That said, AMLs are presented as either additional investment positions or an internal token.

Either way, how Athena Group affiliates “cash out” whatever AMLs are isn’t clear.

The MLM side of Athena Group pays on recruitment of affiliate investors.

Athena Group Affiliate Ranks

There are eight ranks within Athena Group’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  1. Team Trainer – generate 25,000 USDT in downline affiliate membership fees
  2. Manager – generate 75,000 USDT in downline affiliate membership fees (max 50% from any one recruitment leg)
  3. Regional Manager – generate 150,000 USDT in downline affiliate membership fees (max 50% from any one recruitment leg)
  4. Director – generate 350,000 USDT in downline affiliate membership fees (max 40% from any one recruitment leg and then 20% from a second)
  5. Executive Director – generate 750,000 USDT in downline affiliate membership fees (max 40% from any one recruitment leg and then 20% from a second)
  6. Regional Director – generate 1,500,000 USDT in downline affiliate membership fees (max 40% from any one recruitment leg and then 20% from a second)
  7. National Director – generate 3,000,000 USDT in downline affiliate membership fees (max 25% from any one recruitment leg and then 15% from a second)
  8. Chairman – generate 8,000,000 USDT in downline affiliate membership fees (max 25% from any one recruitment leg and then 15% from a second)

Referral Commissions

Athena Group 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.

Athena Group caps payable unilevel team levels at five.

Referral commissions are paid as a percentage of membership fees paid across these five levels as follows:

  • 15% on level 1 (personally recruited affiliates)
  • 5% on level 2
  • 4% on level 3
  • 3% on level 4
  • 2% on level 5

Regional Manager and higher ranked Athena Group affiliates earn referral commissions on more unilevel team levels:

  • Regional Managers earn 1% on level 6
  • Directors earn 1% on levels 6 to 8
  • Executive Directors earn 1% on levels 6 to 10
  • Regional Directors earn 1% on levels 6 to 12
  • National Directors earn 1% on levels 6 to 15
  • Chairmans earn 1% on levels 6 to 20

3+1 Bonus

The 3+1 Bonus rewards an Athena Group affiliate for recruiting three affiliates at the same membership tier within a month.

  • recruit three Hermes Membership tier affiliates and receive 150 USDT
  • recruit three Metis Membership tier affiliates and receive 500 USDT
  • recruit three Apolo Membership tier affiliates and receive 1000 USDT
  • recruit three Athena Membership tier affiliates and receive 2000 USDT
  • recruit three Hera Membership tier affiliates and receive 3000 USDT
  • recruit three Zeus Membership tier affiliates and receive 5000 USDT

Note that only one 3+1 Bonus can be qualified for each month. 3+1 Bonus qualification also resets each month.

Residual Commissions (2×3 matrix cycler)

A 2×3 matrix places an affiliate at the top of a matrix, with two positions directly under them:

These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another three positions each (four positions).

Level three is generated in the same manner and houses eight positions. This brings the total number of fillable positions in a 2×3 matrix to fourteen.

Positions in the matrix are filled via direct and indirect Athena Group affiliate recruitment.

Once a matrix is filled, a 500 USDT residual commission is paid out to the top position. The position then “cycles” out of the matrix into a new 2×3 matrix.

Cycler Commissions Match

Athena Group pays a 2×3 matrix cycler commission match down five levels of recruitment (unilevel):

  • Team Trainers and Managers receive a 5 USDT match on level 1 and 3 USDT on level 2
  • Regional Managers and Directors receive a 6 USDT match on level 1, 5 USDT on level 2 and 3 USDT on level 3
  • Executive Directors and Regional Directors receive a 6 USDT match on levels 1 and 2, 5 USDT on level 3 and 3 USDT on level 4
  • National Directors receive a 6 USDT match on levels 1 to 3, 5 USDT on level 4 and 3 USDT on level 5
  • Chairmans receive a 6 USDT match on levels 1 to 5

Residual Commissions (3×10 matrix)

A 3×10 matrix is similar to the 2×3 matrix detailed above. Instead of two positions on each level though, three positions exist:

Similarly instead of only three matrix levels, a 3×10 matrix has ten levels housing positions in multiples of three (three positions, nine positions, twenty-seven positions etc.).

As with the 2×3 matrix cycler, positions in the matrix are filled via direct and indirect recruitment of Athena Group affiliates.

3×10 matrix residual commissions are paid based on how much recruited affiliates pay in membership fees:

  • a recruited Hermes Membership affiliate pays out an undisclosed USDT amount
  • a recruited Metis Membership affiliate pays out 1.5 USDT
  • a recruited Apolo Membership affiliate pays out 5 USDT
  • a recruited Athena Membership affiliate pays out 10 USDT
  • a recruited Hera Membership affiliate pays out an undisclosed USDT amount
  • a recruited Zeus Membership affiliate pays out 50 USDT

Note with the undisclosed amounts, Athena Group doesn’t provide compensation details on its website. I’m working off an official marketing video, which unfortunately being a Zoom presentation obfuscates certain areas of the screen.

Also note that how many 3×10 matrix levels Athena Group affiliates can earn residual commissions on, is determined by how much they themselves spent on membership fees:

  • Hermes and Metis Membership tier affiliates earn 3×10 matrix residual commissions on levels 1 and 2
  • Apolo Membership tier affiliates earn 3×10 matrix residual commissions on levels 1 to 4
  • Athena Membership tier affiliates earn 3×10 matrix residual commissions on levels 1 to 6
  • Hera Membership tier affiliates earn 3×10 matrix residual commissions on levels 1 to 8
  • Zeus Membership tier affiliates earn 3×10 matrix residual commissions on levels 1 to 10

ROI Match

Athena Group pays a daily ROI Match down three levels of recruitment (unilevel):

  • Team Trainers and Managers earn a 3% match on level 1 and 2% on level 2
  • Regional Managers and Directors earn a 3.5% match on level 1 and 2.5% on level 2
  • Executive Directors and Regional Directors earn a 3.5% match on level 1, 2.5% on level 2 and 1% on level 3
  • National Directors earn a 4% match on level 1, 3% on level 2 and 1.5% on level 3
  • Chairmans earn a 5% match on level 1, 3% on level 2 and 2% on level 3

Mining Match

Athena Group pays a match on mining token returns down three levels of recruitment (unilevel):

  • Team Trainers and Managers receive 0.3% on level 1 and 0.2% on level 2
  • Regional Managers and Directors receive 0.35% on level 1 and 0.25% on level 2
  • Executive Directors and Regional Directors receive 0.35% on level 1, 0.25% on level 2 and 0.1% on level 3
  • National Directors receive 0.4% on level 1, 0.3% on level 2 and 0.15% on level 3
  • Chairmans receive 0.5% on level 1, 0.3% on level 2 and 0.2% on level 3

Rank Achievement Bonus

Athena Group rewards affiliates for qualifying at Team Trainer and higher with the following one-time Rank Achievement Bonuses:

  • qualify at Team Trainer and receive 500 USDT
  • qualify at Manager and receive 1000 USDT
  • qualify at Regional Manager and receive 2000 USDT
  • qualify at Director and receive a “recognition ring”
  • qualify at Executive Director and receive a “luxury family trip”
  • qualify at Regional Director and receive a Rolex watch
  • qualify at National Director and receive 100,000 USDT towards a “property in Dubai”
  • qualify at Chairman and receive a Porsche

Joining Athena Group

Athena Group affiliate membership is on a 24-month subscription:

  • Hermes Membership – 500 USDT every 24 months
  • Metis Membership – 1500 USDT every 24 months
  • Apolo Membership – 5000 USDT every 24 months
  • Athena Membership – 7500 USDT every 24 months
  • Hera Membership – 12,500 USDT every 24 months
  • Zeus Membership – 25,000 USDT every 24 months

Note the more an Athena Group affiliate spends on membership, the higher their income potential.

Athena Group Conclusion

There’s not much to Athena Group. The Ponzi scheme a top promoter was promoting collapsed. He took a few weeks off and then launched his own scam.

The obvious ruse-breaking fact with Athena Group is, if Athena Group actually had a bot pumping out anywhere near to 20% a month, Aderly Dupont would have kept it for himself.

On the regulatory front Athena Group fails to provide evidence it has registered its passive returns investment scheme with financial regulators in any jurisdiction.

This would be confirmed securities fraud. Commodities fraud is also a possibility depending on what is claimed to be traded with Athena Group’s AI bot.

On that note, the only use of AI I was able to verify is AI-generated slop images on Athena Group’s website:

As it stands, the only verifiable source of revenue entering Athena Group is membership fees and new investment.

Using these sources of revenue to pay withdrawals would make Athena Group both an MLM Ponzi and pyramid scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Athena Group of ROI revenue, eventually prompting a collapse.

Math guarantees that when a Ponzi scheme collapses, the majority of participants lose money.

Look no further than Mavie Global’s Ultron Ponzi scheme to see this in action.