Get Profit 365 Review: $5 in, $10 out Ponzi scheme
There is no information on the Get Profit 365 website indicating who owns or runs the business.
The Get Profit 365 website domain (“getprofit365.com”) was privately registered on October 3rd, 2016.
The official Get Profit 365 Facebook group lists two admins, Nelson Ferreira and Tessa Mittelman.
Both these accounts are suspicious. The Nelson Ferreira has had no content posted to it since 2014 (a profile photo change).
The Tessa Mittelman updated the profile photo in October and then promptly began spamming MLM underbelly scams.
Prior to October, the account had no content published on it since 2008.
These are symptoms of bought accounts rather than genuine Facebook profiles belonging to real people.
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 Get Profit 365 Product Line
Get Profit 365 has no retailable products or services, with affiliates only able to market Get Profit 365 affiliate membership itself.
Once signed up, Get Profit 365 affiliates invest $5 on the promise of an advertised ROI.
Bundled with each investment are ad credits, which can be used to display advertising on the Get Profit 365 website.
The Get Profit 365 Compensation Plan
The Get Profit 365 compensation plan sees affiliates invest in $5 positions on the promise of a $10 ROI.
Referral commissions are available out on downline investment, paid out down three levels of recruitment (unilevel):
- level 1 – 5%
- level 2 – 3%
- level 3 – 2%
Joining Get Profit 365
Get Profit 365 affiliate membership is free, however affiliates must invest at least $5 to participate in the attached income opportunity.
Get Profit 365 is a simple enough adcredit Ponzi scheme.
The company represents the cycler as a queue, but realistically it’s probably operating on a 4×1 matrix.
Powerline System was designed to all members be able to earn money. From each Powerline packages sold, 10% go to 1st position of queue and 75% go to sponsor position.
If member have no sponsor, 85% go to 1st position! This way queue never stop move!
As above, newly invested funds are used to pay off existing investors, making Get Profit 365 a Ponzi scheme.
As to the claim the “queue never stop move”, this is a flat-out lie.
If recruitment of new Get Profit 365 affiliates dies down, so too will new fund entering the system.
This will see Get Profit 365’s “queues” stall, meaning nobody gets paid.
At that point the scheme collapses, with most Get Profit 365 affiliates losing money.