Newcrest Investments Review: Bitcoin Ponzi factory
Newcrest Investments provides no credible executive information on their website.
Newcrest’s website is full of poorly photoshopped stock photos of offices:
A list of Newcrest Investments’ Board of Directors is provided…
…however none of these people appear to exist in the real world.
Where some of them do exist is on PayWot’s Board of Directors:
Paywot is a collapsed Ponzi scheme that was put together in 2020. The scam didn’t launch though until mid 2021.
Heading up Paywot was an actor standing in front of a green screen.
In the source-code of Newcrest Investments’ website we find reference to “capitalshares.ltd“:
Capital Shares in yet another Ponzi scheme. Newcrest Investments’ website is a clone of Capital Shares’ website.
And so we have Paywot –> Capital Shares –> Newcrest Investments, all from the same group of scammers. Note there are likely other Ponzi schemes out from the same group too.
Although they don’t publicise it, Newcrest Investments has its own YouTube channel, on which they have Fiverr testimonials.
This strategy was used both for Paywot and Capital Shares.
In an attempt to appear legitimate, Newcrest Investments provides incorporation details for Newcrest Investments LTD.
Newcrest Investments LTD was incorporated in the UK in October 2020. Considering Newcrest Investments’ website domain was only registered in February 2022, the UK incorporation appears to be unrelated.
Capital Shares represented it was being run through a Singapore shell company. Paywot went the dodgy Cyprus/UK route.
I did note that a white paper PDF on Paywot’s website was created by “Sunny King”. There is a crypto developer going by this name but it’s an alias.
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.
Newcrest Investments’ Products
Newcrest Investments has no retailable products or services.
Affiliates are only able to market Newcrest Investments affiliate membership itself.
Newcrest Investments’ Compensation Plan
Newcrest Investments solicits investment in bitcoin on the promise of advertised returns:
- Bronze Plan – invest $100 to $14,999 and receive 2% a day for 6 days (112% ROI)
- Standard Plan – invest $15,000 to $29,999 and receive 2.5% a day for 6 days (115% ROI)
- Premium Plan – invest $30,000 to $49,999 and receive 3% a day for 6 days (118% ROI)
- Newcrest Tycoon Plan – invest $50,000 or more and receive 4% a day for 6 days (124% ROI)
The MLM side of Newcrest Investments pays on recruitment of affiliate investors.
Newcrest Investments pays a 10% referral commission on bitcoin invested by personally recruited affiliates.
Downline Investment Bonuses
Newcrest Investments rewards affiliates who convince others to invest with the following rewards:
- NCI Regional Representative – invest $10,000 in bitcoin, build a downline who together have invested $100,000 and receive $3500 a month plus a Rolex watch
- NCI Director – invest $20,000 in bitcoin, build a downline who together have invested $300,000 and receive $7000 a month plus “a trip to the company headquarters and 24hrs free shopping”
- NCI Ambassador – invest $30,000, build a downline who together have invested $500,000 and receive $10,000 a month plus a Ferrari
Joining NewCrest Investments
Newcrest Investments affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment in bitcoin.
Newcrest Investments Conclusion
Newcrest Investments represent they generate eternal revenue via “forex markets, bitcoin mining, venture capital and the digital exchange”.
Putting aside that doesn’t even make sense, no evidence of any of the claimed activities is provided.
That’s because, like everything else on Newcrest Investments’ website, it’s baloney.
Newcrest Investments is a simple Ponzi scheme, run by a team of serial Ponzi scammers.
Funnily enough, these Ponzi schemes have been getting lazier and lazier.
Paywot had an actor introduction video. Capital Shares had a robovoice stock footage intro video. Newcrest Investments gets a non-narrated Powerpoint presentation video.
If it wasn’t obvious, Newcrest Investments is a zero-effort Ponzi cash grab.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Newcrest Investments of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.