IMAP Revshare Review: $10 in, $13 out adcredit Ponzi scheme
There is no information on the IMAP Revshare website indicating who owns or runs the business.
The IMAP Revshare website domain (“imaprevshare.com”) was registered on the 15th of April 2016, however the domain registration is set to private.
The IMAP Revshare website domain is hosted on a private server. This server also hosts the IMAP Networks website (“imapnetworks.com”).
The IMAP Networks website domain was registered on April 15th, the same day the IMAP Revshare domain was registered.
Jeremy Wa is listed as the owner of the IMAP Networks domain, with an address in London in the UK also provided.
Further research reveals the address used belongs to Made Simple Group LTD, who offer a mail forwarding service.
The email address used to register the IMAP Networks domain belongs to Jeremy Wisniewski, with “Jeremy Wa” presumed to be a pseudonym.
On his LinkedIn profile, Wisniewski (right) cites himself as the Director of IMAP Network LTD. His location is listed as Metz Area in France, which is presumably where IMAP Revshare is being operated from.
Other MLM opportunities Wisniewski has been involved in include GoBig7 (matrix recruitment), MeoClick (French recruitment scheme) and Zona Network ($25 to $3500 Ponzi scheme).
Read on for a full review of the IMAP Revshare MLM opportunity.
The IMAP Revshare Product Line
IMAP Revshare has no retailable products or services, with affiliates only able to market IMAP Revshare affiliate membership itself.
Once signed up, IMAP Revshare affiliates are able to purchase “adpacks” and participate in the attached income opportunity.
Bundled with each adpack are a series of advertising credits, which can be used to display advertising on the IMAP Revshare website.
IMAP Revshare affiliates who pay $15 a month are also given access to a “digital product download area”.
The IMAP Revshare Compensation Plan
The IMAP Revshare compensation plan sees affiliates invest $10 in adpacks on the promise of an advertised $13 ROI.
Referral commissions are available on funds invested by recruited affiliates, paid out down two levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- level 2 – 3%
If an IMAP Revshare affiliate wishes to invest more than $200, they must also pay a $15 a month fee.
This fee is commissionable, with IMAP Revshare affiliates earning $4.95 a month per paid affiliate recruited.
Note that 50% of all commissions paid out by IMAP Revshare must be reinvested back into the company.
Joining IMAP Revshare
Affiliate membership with IMAP Revshare is tied to a minimum $10 investment.
Affiliates who wish to invest over $200 are required to pay an additional $15 a month fee.
Offering up your typical ad-credit Ponzi scheme, IMAP Revshare is reflective of the MLM underbelly schemes Jeremy Wisniewski has participated in as an affiliate.
Why he doesn’t put his name to the company is unclear, but I suspect it’s to do with the fact that he knows IMAP Networks is peddling financial fraud.
Despite this, IMAP Network offers up the thinnest of pseudo-compliance nonsense on their website:
Is ImapRevshare.com a hyip, ponzi, pyramid scheme, or illegal website?
No, we are not an investment site, we sell advertising and digital products.
When you join ImapRevshare, you become a customer and can download your digital products and / or buy our advertising services.
The revenue sharing system depend on ImapRevshare’s income, if we don’t make profits, you wont get paid.
Firstly, if adcredits were indeed being sold, then logically unused credits would attract a refund.
Instead, as per IMAP Revshare’s refund policy:
All purchased items … are non-refundable (NO REFUND).
If you make a dispute, Charge back or reverse transactions on your purchases, your account will be suspended immediately.
The reason IMAP Network can’t offer a refund, is because the second you deposit funds into the scheme they use it to pay off existing investors.
Thus it is the investment opportunity being sold, rather than ad-credits.
Furthermore it is the use of newly invested funds to pay off existing investors that makes IMAP Revshare a Ponzi scheme. Whether a product or service is attached to this flow of money is neither here nor there.
And indeed, if newly invested funds cease flowing into IMAP Networks, “you won’t get paid”.
Such is the case with all Ponzi schemes, with the majority of investors participating losing out when they go under.