Morez Review: Another “get help” MMM Global clone
There is no information on the Morez website indicating who owns or runs the business.
The Morez website domain (“morez.help”) was registered on the 4th of April 2016, however the domain registration is set to private.
Alexa currently estimate that India, South Africa and Pakistan are the primary sources of traffic to the Morez website, coming in at 32.5%, 15.9% and 9.4% respectively.
It’s probably a good bet that whoever is running Morez is based out of or at least from one of these three countries.
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 Morez Product Line
Morez has no retailable products or services, with affiliates only able to market Morez affiliate membership itself.
The Morez Compensation Plan
The Morez compensation plan sees affiliates invest $20 to $5000 on the promise of an advertised 100% or 120% ROI. Commissions are also paid out on the recruitment of new Morez affiliates.
Morez affiliates have the option of investing in two offered monthly (30 day) plans:
- Growth Value 1 – invest $20 to $800 and receive a 100% ROI
- Growth Value 2 – invest $810 to $5000 and receive a 120% ROI
Affiliates who invest within 24 hours of joining the company receive a 5% bonus on their invested funds.
Note that 20% of all ROIs Morez pay out must be reinvested.
Referral commissions are available on funds invested by recruited affiliates, paid out via a unilevel compensation plan.
A unilevel compensation plan places a Morez affiliate at the top of a unilevel team, withe every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Morez cap payable unilevel levels at six, with commissions paid out as a percentage of funds invested at each level:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 4%
- level 3 – 3%
- level 4 – 2%
- level 5 – 1%
- level 6 – 0.05%
Note that these levels are tied to Morez affiliate ranks (referred to as “Guiders”), however Morez fail to provide any rank qualification criteria.
Morez affiliate membership is tied to a minimum $20 investment.
Note that investments and ROIs in Morez are paid in and out via bitcoin.
Morez is one of the MMM Global clones that popped up almost immediately after its collapse last month. Zewang is another one we reviewed about a month ago.
The premise of Morez is the same as MMM Global: You invest in bitcoin, your funds are used to pay off existing investors and you hope that enough people join after you so you get paid.
MMM Global similarly offered 100% a month ROIs and lasted just over two years. Morez is obviously being run by former MMM Global investors, who likely profited from the scheme.
The use of “get help, give help” Ponzi rhetoric is prevalent in Morez, along with reference of “guiders” to describe affiliate ranks – all borrowed from MMM Global.
MMM Global’s collapse left most investors out of pocket, with Morez likely pitched intentionally as a way of recouping lost funds.
What you wind up is a reload scheme full of MMM Global victims sending money to a few who have already scammed them. If you weren’t an MMM Global investor, you’ve been pitched on Morez with the hope you’ll pay them out this time around.
That likewise means when Morez inevitably collapsed, you’ll be the one left holding the bag.
The use of bitcoin should be of particular concern, as a collapse means you have next to no way of getting your money back.
Don’t believe me? Just ask the Morez affiliate trying to recruit you. There’s a good chance they lost money in MMM Global and, if they’re honest, will tell you the use of bitcoin meant they had no redress.
Reload schemes never last as long as their predecessors, so expect Morez to be a short-lived blip on the Ponzi radar.
MMM was and Morez is a SOCIAL FINANCING NETWORK. Meaning you are giving help to people before you, with no expectation of return. Social Financing is a great term for these programs, as “Social” and “Financing” is how these programs operate.
MMM had “THIS IS A COMMUNITY OF MUTUAL FINANCIAL HELP, participate only with spare money” displayed prominently in the back office.
MMM never claimed they were an Investment, Mavorodi told it like it was, that his program was a Social Financing Network. he never guaranteed 100% per month.
So why do you write:
SOCIAL FINANCING is different from INVESTING.
There, fixed it for ya.
Yeah, because the authorities are so stupid, right ???
You can call it whatever you want. Using newly invested funds to pay off existing investors is still financial fraud.
I’m $10,000 behind in property taxes. when can I expect that check to help prevent me from losing the house?