Daily Net Pay Review: 150% ROI “Private Trade Shares” Ponzi
Although he’s not directly referenced on the Daily Net Pay website, marketing videos on the site identify John Kielec as “admin and creator” of the company.
Kielec operates his various companies out of Canada.
BehindMLM first referenced Daily Net Pay in our Daily Net Traffic review.
Under the F5M Millionaires Club brand, Kielec launches various MLM opportunities, the latest of which is Daily Net Traffic.
Other opportunities mentioned on the F5M Millionaires Club website include Daily Net Pay and Revenue From Advertising.
Since our published March 2017 review the Daily Net Traffic gifting scheme has collapsed (website offline).
Read on for a full review of the Daily Net Pay MLM opportunity.
Daily Net Pay Products
Daily Net Pay has no retailable products or services, with affiliates only able to market Daily Net Pay affiliate membership itself.
The Daily Net Pay Compensation Plan
Daily Net Pay affiliates invest $20 in “Private Trade Shares”, on the promise of a $30 ROI (150%).
A $5 referral commission is paid on funds invested by personally recruited affiliates.
Daily Net Pay also offers a $69.95 PTS Advertising Pak, which combines a Private Share Trades position with “90 days of done-for-you-marketing to get your paid members”.
Referral commissions on the PTS Advertising Pak are paid down two levels of recruitment (unilevel):
- $10 on level 1 (personally recruited affiliates)
- $5 on level 2
Joining Daily Net Pay
Daily Net Pay affiliate membership is free.
To participate in the attached income opportunity, a minimum $20 investment is required.
Daily Net Pay claims to generate Private Trade Shares ROI revenue through “real live forex and crypto trading”.
Naturally there is no evidence of any trading taking place.
Furthermore John Kielec’s claims fail the Ponzi logic test.
If Kielec was able to legitimately generate a 3.5% weekly ROI through “forex and crypto trading”, he’d be doing it.
It makes no sense to flog returns to randoms over the internet for $20 a pop.
Given Kielec’s MLM underbelly history, it should be more than obvious what is going on here.
By way of offering a passive return to potential investors, Kielec’s Daily Net Pay is a securities offering.
Kielec provides no indication that he has registered Daily Net Pay with Canadian securities regulators.
This means that at a base-level, Daily Net Pay is operating illegally in Kielec’s country of residence. Promotion of Daily Net Pay in any jurisdiction it is not registered to offer securities is also illegal.
At worst Kielec is running a Ponzi scheme.
New Daily Net Pay affiliates cough up $20, a percentage of which Kielec recycles to pay existing affiliates a 150% ROI.
As with all Ponzi schemes, once affiliate recruitment dies off so too will Daily Net Pay’s ROI revenue.
This will prompt a collapse, resulting in the majority of Daily Net Pay affiliates losing money.