MathINV Review: 175% Ponzi ROI every 70 days
There is no information on the MathINV website indicating who owns or runs the business.
On their website MathINV claim to be “working with” CNPJ Individual Entrepreneur, a business purportedly incorporated in Brazil.
The name “Mario Sergio Bittencourt” appears on a Brazilian certificate of incorporation.
Further research reveals the official MathINV has one admin, .
Bittencurt’s profile cites his location as Rio de Janeiro in Brazil. Other than a newspaper clipping from October 2nd and shared posts, there is no content on the Matheus Bittencurt profile.
In the MathINV Terms and Conditions, the company refers to itself as “Group MathBitte Investments”.
The MathINV website domain (“mathinv.com”) was registered on the 27th of October, 2016. Mario Sergio Bittencourt is listed as the owner, with an address in Rio de Janeiro, Brazil also provided.
Possibly due to language barriers, I was unable to find any further information Bittencourt (Bittencurt), including his specific role within MathINV.
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 MathINV Product Line
MathINV has no retailable products or services, with affiliates only able to market MathINV affiliate membership itself.
The MathINV Compensation Plan
The MathINV compensation plan sees affiliates invest $10 to $50,000 on the promise of a 2.5% daily ROI for 70 days (175%).
Referral commissions are available on funds invested by downline affiliates, paid out down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 6%
- level 2 – 3%
- level 3 – 1%
MathINV affiliate membership is free. Free MathINV affiliates however can only earn referral commissions.
Full participation in the MathINV income opportunity requires an investment of between $50 to $50,000.
Unlike many offers in the market, here we are dealing with real work and not just words and false promises of earnings, the MATHINV is real, the Administrator behind it is real, we have real CNPJ, proving the data as well as name and even home address!
Despite the above reassurances, the only verifiable source of revenue entering MathINV is newly invested affiliate funds.
MathINV using newly invested funds to pay off existing investors constitutes a Ponzi scheme.
Specifically regarding MathINV’s claim of “real work” behind its 70 day ROI payouts, this fails a simple logic test.
If MathINV was able to consistently generate a 175% ROI every 70 days, they’d have no need to solicit funds from affiliates. Even a modest bank loan would, over time, generate an incredible profit within a few years.
The only reason MathINV needs funds from new investors is to pay off existing investors, which brings us back to it being a Ponzi scheme.
As with all Ponzi schemes, once recruitment of new affiliates dies down, MathINV will be unable to meet its ROI obligations.
When can I withdraw my principal investment?
Our customers can not withdraw your principal investment at any time.
Daily ROIs will still likely be shown in affiliate backoffices, with affiliates unaware MathINV has collapsed until withdrawal requests are left pending or denied.
We reserve the right to change the rules, commissions and rates of the program at any time and at our sole discretion without notice.
At that point Mario Sergio Bittencourt does a runner, along with everybody’s money.