bluechip-business-bonds-logoA marketing spiel on the BlueChip Business Bonds website claims that “Bluechip Business Bonds International LLC., was formed in the middle of 2014, by merging of several company experts”.

The BlueChip Business Bonds website domain however (“”) was only registered last week on April 6th.

Naturally the domain registration is anonymous, casting doubt on the legitimacy of the company.

Nonetheless BlueChip Business Bonds identify a “Peter Boskin” as their CEO.

A corporate biography is provided for Peter Boskin on the BlueChip Business Bonds website, with further research revealing it to actually belong to NetFlix Founder and CEO, Reed Hastings:



Yes, all whoever is actually running BlueChip Business Bonds did was to remove the “M” from “MBA”. They even left Reeds’ surname visible in the second sentence of the bio.

I wasn’t able to locate where BlueChip Business Bonds stole the photo they’re claiming is Peter Boskin, but it’s pretty much guaranteed he doesn’t exist as represented on their website.

Ditto the remaining corporate staff, who also feature slightly edited bios stolen from unrelated third-party sources.

This reflects poorly on the rest of the information presented on the BlueChip Business Bonds website, with the office registrations (all of which use publicly available stock photos of buildings), company registration information for Belize, the Cayman Islands and Northern Ireland all likely to be bullshit.

So who is actually running BlueChip Business Bonds then?

Alexa estimates that 13% of the traffic to the BlueChip Business Bonds website originates from India, with no other countries listed as significant sources.

Therefore this is probably the work of Indian scammers.

Of note is that the following text:

You do not need to have a bank account, do not have to incur various hidden fees in order to benefit from investing your funds with us. Investing with us is absolutely hassle-free and no paperwork.

Appears on both the BlueChip Business Bonds website and that of MoneyPerfect, a collapsed HYIP scam launched in 2013.

Whether or not the owner(s) of MoneyPerfect are behind BlueChip Business Bonds is unclear. What with all the copy and pasting going on from other third-parties, whether or not there’s a direct relationship between the two schemes is unclear.

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 BlueChip Business Bonds Product Line

BlueChip Business Bonds has no retailable products or services, with affiliates only able to market affiliate membership with the company itself.

The BlueChip Business Bonds Compensation Plan

The BlueChip Business Bonds compensation plan sees affiliates sign up, invest funds and then recruit others who do the same.


Various investment plans are offered on the BlueChip Business Bonds website, offering a higher ROI for larger sums of invested funds.

  • Starter ($100 – $1000) – 2% to 2.25% daily ROI for 199 days
  • Classic ($1001 – $5000) – 2.26% to 2.5% daily ROI for 199 days
  • Standard ($5001 – $10,000) – 2.51 to 2.99% daily ROI for 199 days
  • Professional ($10,001 – $25,000) – 3% to 3.49% daily ROI for 199 days
  • Business ($25,001 – $50,000) – 3.5% to 3.99% daily ROI for 199 days
  • Enterprise ($50,001 or more) – 4% daily ROI for 199 days

A 10% referral commission is also offered on all investments made by personally recruited affiliates.

Residual Binary Commissions

Residual commissions in BlueChip Business Bonds are paid out using a binary compensation structure.

A binary compensation structure sees an affiliate placed at the top of a binary team, split into two sides (left and right):


Positions in the binary represent affiliates who have invested in BlueChip Business Bonds, with binary positions filled via direct or indirect affiliate recruitment.

Funds invested by recruited affiliates in the binary team are tracked, with a matching 100:100 ratio used to pay commissions with.

I believe this ratio matches $100 invested on one side of the binary with $100 invested on the other.

For every $100 matched on either side, BlueChip Business Bonds pay a 10% ($10) commission.

Binary commissions are calculated and paid daily.

Executive, Director and Chairman Club Bonus

Through the Executive Club Bonus, BlueChip Business Bonds affiliates can earn an additional 1% commission on funds invested by their binary team.

In order to qualify for the bonus, BlueChip Business Bonds affiliates must earn at least $10,000.

The Director Club Bonus increases this bonus commission amount to 2%.

The Director Club Bonus can be qualified for by having two personally recruited affiliates who have qualified for the Executive Club Bonus.

The Chairman Club Bonus further increases the bonus commission to 3%.

The Chairman Club Bonus can be qualified for by having two personally recruited affiliates who qualify for the Director Club Bonus.

Chairman Club Bonus qualified affiliates also receive a share in 1% of the total amount of funds invested in the company (paid weekly).

Joining BlueChip Business Bonds

Affiliate membership with BlueChip Business Bonds is free.

Affiliates must however invest at least $100 if they wish to earn from the company’s compensation plan.


Stealing the bio of the CEO and Founder of one the most recognized companies in the world…

Got balls much?

Or is it stupidity. I can’t decide.

Either way, everything about BlueChip Business Bonds screams fraud. From the wholesale copying and pasting of information to make up the website, to the fake management profiles to the likely non-existent business registrations in hidey-hole countries nobody is likely to check…

Oh, and then there’s the compensation plan, which screams Ponzi investment fraud.

With nothing being marketed or sold to retail customers, quite clearly the only source of ROI and commission revenue is affiliate investment.

Affiliates invest funds with BlueChip Business Bonds on the expectation of advertised ROIs, paid out of newly invested affiliate funds.

Referral commissions are offered to incentivize the recruitment of new investors, which is required to keep the scheme afloat.

As with all Ponzi schemes, once newly invested affiliate funds slows down, the scheme will collapse.

Given the 199 day maturity for invested funds (approx 6 and a half months), I’d say there’s an extremely likely chance that any funds invested in BlueChip Business Bonds are never going to be seen again.

Oh and one final thought, I couldn’t help but notice the number 1 referring site to BlueChip Business Bonds is that of “Alexa Boostup”.

As per their website, Alexa Boostup offer services to artificially “boost your Alexa ranking”.

In addition to Ponzi investment fraud, looks like creating the illusion of activity on the BlueChip Business Bonds websites wasn’t beneath the scheme’s owner(s).

Even in the scam arena it seeks to operate in, BlueChip Business Bonds takes dodgy to a whole new level.