Fininko’s website provides no information about who owns or runs the company.

In fact as I write this, Finiko’s website is nothing more than an affiliate login page.

Of note is Finiko’s website defaulting to Russian, suggesting that whoever is running the company is likely from Russia or a neighboring country.

At the time of publication Alexa cites Russia as the top source of traffic to Finiko’s website (70%).

Marketing videos on Finiko’s official YouTube channel are also in Russian.

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.

Finiko’s Products

Finiko has no retailable products or services, with affiliates only able to market Finiko affiliate membership itself.

Finiko’s Compensation Plan

Finiko affiliates invest in $1030 CTI positions on the promise of a 1% daily ROI for 100 days.

A 5% referral commission is paid on funds invested by personally recruited affiliates.

Finiko Affiliate Ranks

There are ten ranks within Finiko’s compensation plan. Along with their respective qualification criteria, they are as follows:

  • 1 Star – invest in and maintain one CTI position and generate 10,000 CTI in downline investment volume
  • 2 Star – maintain one CTI investment position and generate 30,000 CTI in downline investment volume (only 70% of level 2 volume is counted)
  • 3 Star – invest in and maintain two CTI positions and generate 50,000 CTI in downline investment volume (only 50% of level 3 volume is counted)
  • 4 Star – invest in and maintain three CTI positions and generate 70,000 CTI in downline investment volume (only 30% of level 4 volume is counted)
  • 5 Star – invest in and maintain five CTI positions and generate 100,000 CTI in downline investment volume (only 20% of level 5 volume is counted)
  • 6 Star – invest in and maintain seven CTI positions, personally recruit and maintain one 2 Star and generate 200,000 CTI in downline investment volume (only 15% of level 6 volume is counted)
  • 7 Star – invest in and maintain eight CTI positions, personally recruit and maintain one 3 Star and generate 300,000 CTI in downline investment volume (only 10% of level 7 volume is counted)
  • 8 Star – invest in and maintain ten CTI positions, personally recruit and maintain two 3 Stars and one 4 Star and generate 400,000 CTI in downline investment volume (only 10% of level 8 volume is counted)
  • 9 Star – invest in and maintain fifteen CTI positions, personally recruit and maintain two 4 Stars and one 5 Star and generate 600,000 CTI in downline investment volume (only 5% of level 9 volume is counted)
  • 10 Star – invest in and maintain twenty CTI positions, personally recruit and maintain two 5 Stars and one 6 Star and generate 1,000,000 in downline investment volume (only 3% of level 10 volume is counted)

Capped volume percentages counted from certain levels refer to unilevel team level volume (see “residual commissions” below).

Note that from level 11 of the unilevel team, only 1% of generated volume is counted towards required downline investment volume.

Also note that 30 CFR of each CTI position invested in is a charged admin fee. This 30 CFR volume does not count towards rank qualification criteria.

Residual Commissions

Finiko pays residual 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.

Finiko caps residual commissions at ten unilevel team levels.

Residual commissions are paid out as a percentage of returns paid to affiliates across these ten levels based on rank:

  • 1 Stars earn 3% on level 1 (personally recruited affiliates)
  • 2 Stars earn 3% on levels 1 and 2
  • 3 Stars earn 3% on levels 1 to 3
  • 4 Stars earn 3% on levels 1 to 4
  • 5 Stars earn 3% on levels 1 to 5
  • 6 Stars earn 3% on levels 1 to 6
  • 7 Stars earn 3% on levels 1 to 7
  • 8 Stars earn 3% on levels 1 to 8
  • 9 Stars earn 3% on levels 1 to 9
  • 10 Stars earn 3% on levels 1 to 9 and 3.5% on level 10

Rank Achievement Bonus

Finiko rewards affiliates who qualify at 5 Star and higher with the following Rank Achievement Bonuses:

  • qualify at 5 Star and receive 500 CFR
  • qualify at 6 Star and receive 1000 CFR
  • qualify at 7 Star and receive 2000 CFR
  • qualify at 8 Star and receive 5000 CFR plus an increased 2% daily ROI rate
  • qualify at 9 Star and receive a “car or monetary equivalent) and an increased 2.5% daily ROI rate
  • qualify at 10 Star and receive an increased 3% daily ROI rate

Joining Finiko

Finiko affiliate membership is tied to a minimum $1030 investment in bitcoin.

Additional investment positions cost $1030 in bitcoin each.

Conclusion

Finiko is your classic MLM Ponzi points scheme.

From what I’ve been able to ascertain, promotion of Finiko in Russia took off from the “finiko.ru” domain last August or so.

Having exhausted the Russian Ponzi market around February 2020, the company is now pushing the scheme outside of Russia.

Finiko is accompanied by the usual promises of trading.

The Finiko is mainly a group of professional traders that actively and efficiently trading in different markets i.e. indixes [sic], stocks, crypto currency and forex.

Trading in these markets is their main source of income which consistently earning more than 10% daily profits.

This model fails the Ponzi logic test for obvious reasons. If Finiko’s Russian admins were capable of generating consistent 10% daily profits, they wouldn’t need your money.

Not withstanding there is no proof of Finiko using trading or any other source of external revenue to pay advertised returns.

The only verifiable source of revenue entering Finiko is new investment, the use of which to pay advertised returns makes Finiko a Ponzi scheme.

Finiko’s Ponzi vehicle of choice are cefron points (CFR). CFR holds no value outside of Finiko making it worthless.

Gullible investors transfer bitcoin to Finiko. Based on a $1:1 CFR conversion, Finiko provides affiliates with a CFR balance in their backoffice.

1000 CFR are required to invest in 1 CFR position, plus a 30 CFR admin fee.

Finiko pays commissions and returns in CFR, which the company generates on demand at little to no cost.

Taking a look at the bigger picture, Finiko accepts bitcoin from its investors. CFR is converted into bitcoin through the internal exchange when affiliates want to cash out.

Finiko will honor withdrawal requests as long as the company’s anonymous admins feel there’s enough new bitcoin coming in.

When affiliate recruitment inevitably slows down, as it did in Russia, Finiko will simply stop paying out and collapse.

If they don’t go down the “thanks for your money bye” route, Finiko’s admins could also opt for dumping CFR on a dodgy exchange and exiting that way.

Either way, the majority of Finiko affiliate investors will be left bagholding worthless CFR points they can’t do anything with.

Realistically given Finiko has been promoted in Russia since mid last year, new investors are paying previous Russian bagholders. When the time comes for non-Russian investors signing up now to cash out, сожалею о вашей потере.