Hits & Wealth Review: $25 ad-credit Ponzi positions
There is no information on the Hits & Wealth website indicating who owns or runs the business.
The Hits & Wealth website domain (“hitsandwealth.com”) was first registered in February, 2013, with the registration last updated on the 5th of September, 2014. This is likely when the owner(s) of Hits & Wealth took acquired the domain.
Of note is that the DropShip2Cash website is currently hosted off the Hits & Wealth server.
DropShip2Cash is a recently launched $49 a pop Ponzi scheme, with shared hosting strongly suggesting the same admin(s) are behind both opportunities.
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 Hits & Wealth Product Line
Hits & Wealth has no retailable products and services, with affiliates only able to market Hits & Wealth affiliate membership itself.
Once signed up, Hits & Wealth affiliates can purchase $25 “ad share packages” and participate in the Hits & Wealth income opportunity.
Bundled with each of these ad share packages are a series of advertising credits, which can be used to display advertising on the Hits & Wealth website itself.
The Hits & Wealth Compensation Plan
The Hits & Wealth compensation plan sees affiliates invest $25 on the promise of a greater than 100% ROI.
Affiliates are capped at investing $25,000, with referral commissions paid out down three levels of recruitment:
- level 1 – $2.50 per $25 invested
- level 2 – $1.25 per $25 invested
- level 3 – 75 cents per $25 invested
Joining Hits & Wealth
Affiliate membership with Hits & Wealth is free, however free affiliates can only earn referral commissions.
Full participation in the Hits & Wealth MLM income opportunity requires a minimum $25 investment.
Conclusion
I’m not really sure what the logic is behind running two similar Ponzi schemes simultaneously, but here we are.
Whereas DropShip2Cash pretends to be attached to a non-existent dropshipping network, Hits & Wealth is your typical advertising-credits based Ponzi scheme.
Hits and Wealth is a unique profit sharing network.
For each ad shares package that you purchase, you receive a share of ALL our revenue generated from advertising sales.
New investors buy in for a minimum $25 a pop, with those funds used to pay off existing investors. In turn, new investors are paid with subsequent investment.
Internally there appears to be a bit of “pay to play” going on with Hits & Wealth, with the company FAQ stating that:
The more ad shares packages that you possess, the faster and bigger you will earn!
It appears that the more $25 investments an affiliate makes, a larger share of the total ROI pool they receive (beyond the standard ROI allocation per $25 investment).
On the pseudo-compliance side of things, despite the obvious fraudulent nature of the scheme, Hits & Wealth profess profess their legality:
Is Hits and Wealth legal?
Of course. We sell a legitimate advertising product for members to use.
The purchase of advertising does not pay out a ROI, investments do. And it is the flow of money from new investors to existing investors that makes Hits & Wealth a Ponzi scheme.
As with all Ponzi schemes, once new investment dries up ROI payouts will begin to slow down. If a lack of new investment continues, Hits & Wealth will then collapse.
Of particular note is the scheme is set up in heavy favor of those running it:
There is no limit or caps on how much you can earn from each ad shares package that you own!
With no caps on position earnings, those who invest first stand to withdraw the lion’s share of funds invested in Hits & Wealth.
Those early positions would have been pre-loaded before Hits & Wealth went public, owned of course by the anonymous admin(s) running the show.
Everybody else who doesn’t manage to steal at least $25 from those who invest after them, loses out.
This is DEAD site why you even bother reviewing this, dropship died before you publish it.
It happens, man. Schemes come and go. Not all schemes can be as long as Bernie’s Ponzi.
So uh what, DropShip2Cash died and they though they’d try their luck with the ad-credits route?
If so then this will probably collapse just as fast.