Intelligent Technology Pioneer Corporation, or ITP Corp, fails to provide ownership or executive information on their website.

ITP Corp’s website domain (“itpro.top”), was first registered in 2018. The private registration was last updated on May 26th, 2023.

Pinning down when ITP Corp launched is difficult.

ITP Corp’s YouTube account was created in 2018. Videos on the channel however are only backdated to November 2022.

This matches ITP Corp’s Telegram channel. The channel was created in 2018 but has been wiped dating back to November 2022.

From this was can surmise the current iteration of ITP Pro launched in November 2022.

On its website ITP Corp claims it “was established in Seattle, USA in 2013”.

In an attempt to support that claim, ITP Corp provides a shell company certificate for ITP Corporation.

ITP Corp was purportedly incorporated in Washington on November 18th, 2022.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence shell incorporation in any jurisdiction is meaningless.

As to who’s running ITP Corp, if we look at ITP Pro’s website source-code we find Chinese:

This strongly suggests whoever is running ITP Corp has ties to China. Typically this means they are operating out of Asia (mainland China, Hong Kong or Singapore).

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.

ITP Corp’s Products

ITP Corp has no retailable products or services.

Affiliates are only able to market ITP Corp affiliate membership itself.

ITP Corp’s Compensation Plan

ITP Corp affiliates invest funds on the promise of advertised returns.

  • LV1 – invest $100 to $500 and receive 2.5% a day
  • LV2 (must recruit 5 affiliates) – invest $600 to $2000 and receive 2.8% a day
  • LV3 (must recruit 20 affiliates) – invest $2000 to $5000 and receive 3.1% a day
  • LV4 (must recruit 45 affiliates) – invest $5000 to $49,999 and receive 3.3% a day
  • LV5 (must recruit 90 affiliates) – invest $50,000 to $200,000 and receive 3.6% a day
  • LV6 (must recruit 150 affiliates) – invest $250,000 to $500,000 and receive 4% a day

Recruited affiliates must have invested to count towards the above criteria.

Note that ITP Corp’s charges withdrawal fees based on how much an affiliate has invested:

  • LV1 and LV2 tier affiliates pay a 7% withdrawal fee
  • LV3 and LV4 tier affiliates pay a 6% withdrawal fee
  • LV5 and LV6 tier affiliates pay a 5% withdrawal fee

The MLM side of ITP Corp pays on recruitment of affiliate investors.

ITP Corp pays referral commissions on daily returns paid out down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 12%
  • level 2 – 4%
  • level 3 – 2%

Joining ITP Pro

ITP Pro affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $100 investment.

ITP Pro Conclusion

ITP Pro represents it generates revenue via broken English nonsense;

Since its establishment, ITP Corporation has continuously increased the share in the global cryptocurrency investment of market, constantly refreshing the best results in history, and creating business miracles one after another.

With the mature application of global 4G technology and the advent of 5G technology, it has accelerated the promotion and coverage of blockchain technology and cryptocurrency investment wave on a global scale.

It’s likely this is AI generated waffle.

In any event, ITP Pro’s business model fails the Ponzi logic test.

If ITP Pro was able to legitimately generate 4% a day, what do they need your money for?

On the regulatory front, ITP Pro’s passive investment opportunity constitutes a securities offering.

If we ignore ITP Pro is being run by Chinese scammers, being based out of the US requires ITP Pro to register with the SEC.

A search of the SEC’s Edgar database reveals ITP Pro is not registered with the SEC.

Why would ITP Pro commit securities fraud and opt to operate illegally?

Because they’re running a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve ITP Pro of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.

 

Update 25th November 2023 – ITP Corp has collapsed.