Newcrest Limited fails to provide verifiable ownership or executive information on its website.

While a a list of purported executives is provided on Newcrest Limited’s website, none of them exist outside of the company’s own marketing.

Newcrest Limited’s website domain (“newcrest-limited.com”), was privately registered on September 3rd, 2023.

Interestingly, Newcrest Limited’s website points to Terms and Conditions hosted on another domain:

Meridian Investment appears to tie into an Australian trust company that dates back to the 1990s. Details are provided if one clicks the “company number” link on Newcrest Limited’s website.

I haven’t provided specific details because, quite obviously, the Australian trust company has nothing to do with Newcrest Limited. I suspect Newcrest Limited was originally going to be named Meridian Investment.

Either way, we appear to have serial fraudsters running a cookie-cutter scam template script. This is further confirmed by generic code comments in Newcrest Limited’s website source-code.

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 Limited’s Products

Newcrest Limited has no retailable products or services.

Affiliates are only able to market Newcrest Limited affiliate membership itself.

Newcrest Limited’s Compensation Plan

Newcrest Limited affiliates invest USD equivalents in cryptocurrency.

This is done on the promise of advertised passive returns:

  • Starter – invest $10 to $10,000 and receive 0.075% an hour for 240 hours
  • Builder – invest $1000 to $25,000 and receive 0.1% an hour for 360 hours
  • Booster – invest $2500 to $100,000 and receive 0.125% an hour for 480 hours
  • Ultimate – invest $5000 or more and receive 0.15% an hour for 600 hours

Newcrest Limited initially pays a 5% referral commission.

Once a Newcrest Limited affiliate has generated $3000 in downline investment, referral commissions are increased to 5% across three levels of recruitment:

Joining Newcrest Limited

Newcrest Limited affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $10 investment.

Newcrest Limited solicits investment in various cryptocurrencies.

Newcrest Limited Conclusion

Newcrest Limited represents it generates external revenue via cryptocurrency mining:

No verifiable evidence of Newcrest Limited generating external revenue of any kind is provided. Instead, Newcrest Limited serves up this major red flag:

Why is Newcrest limited Investment corp information not disclosed?

We are a collection of experts in the fields of information technology and finance. With the cryptocurrency market very potential for the future, we have created AI technology combined with a super powerful cryptocurrency mining server system.

But in order to optimize the costs and strict regulations in countries on cryptocurrency mining, anonymization of company information is essential to protect investors.

Legitimate business operations don’t need to be conducted anonymously. In addition to confirming fraud, the above also confirms non-native English speaking scammers are behind Newcrest Limited.

Finally, Newcrest Limited’s “we have created AI technology combined with a super powerful cryptocurrency mining server system” claim fails the Ponzi logic test.

If Newcrest Limited has already created a crypto mining server system, what do they need your money for?

As it stands, the only verifiable source of revenue entering Newcrest Limited is new investment.

Using new investment to pay ROI withdrawals would make Newcrest Limited a Ponzi scheme.

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

This will starve Newcrest Limited of ROI revenue, eventually prompting a collapse.

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