Bavarsis fails to provide verifiable ownership or executive information on its website.

Bavarsis’ website domain (“bavarsis.com”), was registred back in December 2022.

The private registration was last updated on September 29th, 2023. This ties into Bavarsis launched in October 2023.

In an attempt to appear legitimate, Bavarsis provides shell company details for Bavarsis PTY LTD (Australia) and Bavarsis Holdings Limited (Hong Kong).

A fake Reserve Bank of Australia “certificate of insurance investments” certificate is also provided.

Australian shell company registration typically ties into registration with the Australian Securities and Investment Commission (ASIC).

ASIC are known for non-regulation of MLM fraud. Furthermore anyone can register a company with ASIC using whatever bogus details, there is no verification.

For this reason ASIC registration is favored by scammers residing outside of Australia.

With respect to MLM due-diligence, ASIC registration certificate as proof of legitimacy is therefore meaningless.

Also meaningless is Bavarsis registering a shell company in Hong Kong. For the purpose of MLM due-diligence, shell company registration in any jurisdiction is meaningless.

On its website, Bavarsis cites its CEO as Owen Mitchell. Mitchell of course doesn’t exist outside of Bavarsis’ marketing.

Over on Bavarsis’ official YouTube channel, Mitchell is played by an actor with an eastern European accent:

Boris CEO schemes are typically the work of Russian scammers.

Supporting this is SimilarWeb tracking Russia as the top source of Bavarsis’ website traffic for January 2024 (69%).

Promotion of Bavarsis has already caught the attention of Russian authorities. The Central Bank of Russia issued a Bavarsis pyramid fraud warning on February 15th.

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.

Bavarsis’ Products

Bavarsis has no retailable products or services.

Affiliates are only able to market Bavarsis affiliate membership itself.

Bavarsis’ Compensation Plan

Bavarsis affiliates invest USD equivalents in tether (USDT).

This is done on the promise of advertised returns:

  • Beginner – invest 25 USDT or more and receive 0.5% to 1% a day for 180 days
  • Pre-intermediate – invest 500 USDT or more and receive 1% to 1.5% a day for 180 days
  • Intermediate – invest 5000 USDT or more and receive 1.5% to 2% a day for 365 days
  • CryptoPool 1 – invest 50,000 USDT or more nad receive 0.75% to 2% a day for 365 days
  • CryptoPool 2 – invest 250,000 USDT or more and receive 1.2% to 3% a day for 365 days

The MLM side of Bavarsis pays on recruitment of affiliate investors.

Bavarsis Affiliate Ranks

There are sixteen affiliate ranks within Bavarsis’ compensation plan.

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

  • S1 – sign up as a Bavarsis affiliate
  • S2 – generate $50,000 in downline investment volume
  • S3 – generate $100,000 in downline investment volume
  • S4 – generate $300,000 in downline investment volume
  • S5 – generate $500,000 in downline investment volume
  • S6 – generate $1,000,000 in downline investment volume
  • S7 – generate $1,500,000 in downline investment volume
  • S8 – generate $2,000,000 in downline investment volume
  • S9 – generate $3,000,000 in downline investment volume
  • S10 – generate $5,000,000 in downline investment volume
  • S11 – generate $7,000,000 in downline investment volume
  • S12 – generate $10,000,000 in downline investment volume
  • S13 – generate $15,000,000 in downline investment volume
  • S14 – generate $25,000,000 in downline investment volume
  • S15 – generate $50,000,000 in downline investment volume
  • SN – generate $100,000,000 in downline investment volume

Referral Commissions

Bavarsis 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.

Bavarsis caps known payable unilevel team levels at seventeen.

Referral commissions are paid as a percentage of invested USDT across these seventeen levels as follows:

  • S1 ranked affiliates earn 7% on level 1 (personally recruited affiliates), 4% on level 2 and 2% on level 3
  • S2 ranked affiliates earn 8% on level 1, 4% on level 2, 2% on level 3 and 1% on level 4
  • S3 ranked affiliates earn 8% on level 1, 5% on level 2, 3% on level 3, 2% on level 4 and 1% on level 5
  • S4 ranked affiliates earn 8% on level 1, 5% on level 2, 3% on levels 3 and 4 and 2% on levels 5 and 6
  • S5 ranked affiliates earn 9% on level 1, 5% on level 2, 4% on level 3, 3% on levels 4 and 5, 2% on level 6 and 1% on level 7
  • S6 ranked affiliates earn 9% on level 1, 5% on level 2, 4% on levels 3 and 4, 3% on levels 5 and 6 and 2% on levels 7 and 8
  • S7 ranked affiliates earn 10% on level 1, 6% on level 2, 5% on level 3, 4% on level 4, 3% on levels 5 to 7, 2% on level 8 and 1% on level 9
  • S8 ranked affiliates earn 10% on level 1, 6% on level 2, 5% on level 3, 4% on levels 4 and 5, 3% on levels 6 and 7 and 2% on levels 8 and 9
  • S9 ranked affiliates earn 10% on level 1, 7% on level 2, 5% on levels 3 and 4, 4% on levels 5 to 7, 3% on levels 8 and 9, 2% on level 10 and 1% on level 11
  • S10 ranked affiliates earn 11% on level 1, 7% on level 2, 5% on levels 3 and 4, 4% on levels 5 to 7, 3% on levels 8 to 10, 2% on level 11 and 1% on level 12
  • S11 ranked affiliates earn 11% on level 1, 7% on level 2, 5% on levels 3 and 4, 4% on levels 5 to 7, 3% on levels 8 to 10, 2% on level 11 and 1% on levels 12 and 13
  • S12 ranked affiliates earn 11% on level 1, 7% on level 2, 5% on levels 3 and 4, 4% on levels 5 to 7, 3% on levels 8 to 10, 2% on level 11 and 1% on levels 12 to 14
  • S13 ranked affiliates earn 11% on level 1, 7% on level 2, 5% on levels 3 and 4, 4% on levels 5 to 7, 3% on levels 8 to 10, 2% on level 11 and 1% on levels 12 to 15
  • S14 ranked affiliates earn 11% on level 1, 7% on level 2, 5% on levels 3 and 4, 4% on levels 5 to 7, 3% on levels 8 to 10, 2% on level 11 and 1% on levels 12 to 16
  • S15 ranked affiliates earn 11% on level 1, 7% on level 2, 5% on levels 3 and 4, 4% on levels 5 to 7, 3% on levels 8 to 10, 2% on level 11 and 1% on levels 12 to 17
  • SN ranked affiliates referral commissions are not disclosed

Rank Achievement Bonus

Bavarsis pays Rank Achievement Bonuses spanning $500 to $1,000,000.

Specific Rank Achievement Bonuses per rank obtained aren’t disclosed.

Joining Bavarsis

Bavarsis affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 25 USDT investment.

Bavarsis Conclusion

Bavarsis claims it generates external revenue “using latest technologies and strategies in our business.”

No verifiable evidence of Bavarsis generating external revenue of any kind is provided.

While an actor CEO, meaningless shell company registrations and fraud warning from Russia should be enough to confirm Bavarsis is a scam, its business model also fails the Ponzi logic test.

If Bavarsis is already able to legitimately generate up to 3% a day on a consistent basis, what do they need your money for?

As it stands the only verifiable source of revenue entering Bavarsis is new investment.

Using new investment to pay affiliate withdrawals would make Bavarsis a Ponzi scheme.

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

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

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.