C12V2 fails to provide ownership or executive information on its website.

C12V2’s website domain (“c12v2.net”), was registered with bogus information on May 8th, 2024.

C12V2’s marketing cites “the illustrious Carnelian gemstone”;

This ties into C12V2 being stylized after Carnelian12:

Carnelian12, or C12 as it was known, was an NFT ruse MLM crypto Ponzi pitching 12% a day.

Launched in March 2023, Carnelian12 went on to promptly collapse a few months later in May.

Whether C12V2 is being run by the same scammers behind Carnelian12 is unclear. Clearly however C12V2 has been designed as a reboot with the exact same pitch.

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.

C12V2’s Products

C12V2 has no retailable products or services.

Affiliates are only able to market C12V2 affiliate membership itself.

C12V2’s Compensation Plan

C12V2 affiliates invest cryptocurrency on the promise of a 12% daily ROI, paid for 12 days.

C12V2 pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 5%
  • level 2 – 2%
  • level 3 – 1%

Note that C12V2 affiliates who generate over $50,000 in downline recruitment receive 7% on level 1.

Joining C12V2

C12V2 affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $12 investment.

C12V2 solicits investment in various cryptocurrencies.

C12V2 Conclusion

There’s not much to C12V2. It’s the same NFT ruse with added AI marketing nonsense;

As with Carnelian12, C12V2 fails to provide verifiable evidence it generates external revenue of any kind.

C12V2 also fails to provide evidence it has registered its securities offering with financial regulators in any jurisdiction.

C12V2 appears to be a simple cash grab, aimed at victims of the original Ponzi (the majority of investors).

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

This will starve C12V2 of ROI revenue, eventually prompting a collapse.

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

This is what happened in Carnelian12 and will happen once again with C12V2.

 

Update 30th May 2024 – C12V2 has collapsed. The scammers behind the Ponzi scheme have rebooted as C12V3.