Ollorun Review: FlashMoni OZTG token Ponzi reboot
Ollorun operates in the cryptocurrency MLM niche.
The company represents it is incorporated and based out of the UK. To that end Ollorun Network Limited was incorporated in the UK on June 10th, 2020.
UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.
For the purpose of performing MLM due-diligence, UK incorporation is meaningless.
Heading up Ollorun is founder Serge Maurice Lobreau.
BehindMLM came across Lobreau through the failed Flash4People Ponzi scheme.
In a nutshell FlashMoni ran an ICO for OZT tokens in 2018, purportedly raising $72 million.
Intended only to provide money to Lobreau and his partner Mru Patel (now an Ollorun “Network Partner”), after its ICO OZT flopped and followed the familiar “sorry for your loss” cryptocurrency trajectory.
Through Flash4People, Lobreau had hoped to resurrect OZT as OZTG, and scam even more money out of people. Those plans however fell through due to scammer infighting.
Prior to launching FlashMoni Lobreau was a prominent promoter of the GetEasy Ponzi scheme.
Lobreau is based out of France which, as opposed to the UK, is where Ollorun is being operated from.
Read on for a full review of Ollorun’s MLM opportunity.
Ollorun affiliates are able to purchase personal care products through various package tiers:
- White & White – €149 EUR
- Slim & Bum – €199
- Forever Young – €399 EUR
- My Daily Beauty – €499
Ollorun also runs an online storefront, through which non-branded personal care products can be purchased.
Whether this is part of the company’s MLM opportunity is unclear.
Ollorun’s Compensation Plan
Ollorun affiliates invest USDT in OZTG, on the representation of future passive profits.
Note that quoted Ollorun investment amounts are in euro:
- Standard – €126 EUR
- Silver – €335 EUR
- Premium – €620 EUR
- Platinum – €1250 EUR
Presumably there’s some backoffice conversion at some point, as Ollorun currently lists an internal OZTG value of 0.137 USDT.
As stated on Ollorun’s website;
Choose your WEALTH package: Standard, Silver, Premium, Platinum.
Choose the period of “Locking” 30 / 90 / 180 / 360 days.
Receive “Rewards” every day!
“Rewards” are presumably paid in OZTG tokens. Returns are cashed out through an internal OJA exchange, at whatever the current internal value is.
Ollorun affiliates are paid up to 30% of sales volume (BV) generated by investment by personally recruited affiliates.
30% on the cost of the personal care package purchases is also paid out as a recruitment commission.
BV across Ollorun’s investment and personal care packages is as follows:
- Standard – 70 BV
- White & White – 75 BV
- Slim & Bum – 100 BV
- Silver – 150 BV
- Forever Young – 200 BV
- My Daily Beauty – 250 BV
- Premium – 300 BV
- Platinum 600 BV
Ollorun pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each week Ollorun tallies up new BV generated on both sides of the binary team.
Residual commissions are paid as 10% of BV generated on the weaker binary team side, capped at €8 million EUR a week.
Note that to qualify for residual commissions, an Ollorun affiliate must recruit two affiliates who’ve invested in/purchased a package (one placed on either side of the binary team).
Residual Commissions Matching Bonus
Ollorun pays a Matching Bonus on residual commissions earned by downline affiliates.
The residual commissions Matching Bonus is paid out via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with 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.
Ollorun caps the residual commissions Matching Bonus at ten unilevel team levels.
The Matching Bonus is paid out as a percentage of residual commissions paid across these ten levels as follows:
- level 1 (personally recruited affiliates) 5%
- levels 2 to 8 – 5%
- level 9 – 2%
- level 10 – 1%
Fast Start Bonus
In addition to recruitment commissions detailed above, Ollorun also pays 10% of generated BV as a Fast Start Bonus.
This is BV generated by personally recruited affiliates investing in or purchasing Ollorun packages.
A match on Fast Start Bonuses is paid via the same unilevel compensation structure as the residual commissions Matching Bonus (see above).
The Fast Start Bonus matching bonus is paid across ten unilevel team levels, as a percentage of the 10% Fast Start Bonus earned by affiliates on these levels:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 4%
- level 3 – 3%
- level 4 – 2%
- level 5 – 1%
- level 6 – 0.5%
- level 7 – 0.1%
- level 8 – 0.05%
- level 9 – 0.02%
- level 10 – 0.03%
Daily ROI Matching Bonus
Ollorun pays a Matching Bonus on daily returns paid to downline affiliates.
The daily ROI Matching Bonus is paid out again through the ten-level deep unilevel team:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 4%
- level 3 – 3%
- levels 4 and 5 – 2%
- levels 6 to 10 – 1%
Global and Dark Pools
As stated on Ollorun’s website, the Global and Dark Pools are paid ‘according to your “Leadership Position”’
Qualification criteria for the Global Pool appears to be tied to Diamond and higher rank qualification.
Dark Pool qualification appears tied to Crown Diamond and Crown Ambassador rank qualification.
How the Global and Dark Pools are paid out is not specified. For rank qualification criteria refer to “Rank Achievement Bonuses” below.
Rank Achievement Bonuses
Ollorun rewards affiliates with Rank Achievement Bonuses as follows:
- Sapphire – generate 6000 PGV and receive a “smartphone”
- Ruby – generate 12,000 PGV and receive a “MacBook Pro”
- Emerald – generate 24,000 PGV and receive a Tesla
- Diamond – generate 96,000 PGV and receive a “trip”
- Blue Diamond – generate 384,000 PGV and receive a “supercar”
- Black Diamond – generate 1,536,000 PGV and receive “1kg of 24 karat gold”
- Crown Diamond – generate 6,144,000 PGV and receive a “luxury house”
- Crown Ambassador – generate 24,576,000 PGV and receive a “luxury house”
Ollorun affiliate membership is €29 EUR.
Full participation in the attached investment opportunity requires an additional €126 to €1250 EUR investment (see conclusion below).
Serge Lobreau are sitting on a bunch of OZTG tokens they generated out of thin air a few years ago.
They want to offload these worthless tokens onto unsuspecting victims who will pay them euros or USDT. Enter Ollorun.
In a nutshell, Ollorun is a Ponzi scheme wrapped up in ecommerce personal care pseudo-compliance.
For the sake of due-diligence, we can ignore the personal care side of Ollorun completely. It has nothing to do with nor justifies the investment side of Ollorun.
New Ollorun affiliates are recruited and invest in OZTG. Commissions are paid on investment, returns are paid in OZTG and withdrawals are cashed out via the internal OJA exchange.
This is your typical MLM Ponzi points scheme.
It’s also worth noting that whereas investment packages presented on Ollorun’s website max out at a tame €1250, a €65,370 EUR investment tier is available through the ecommerce platform.
Ollorun affiliates invest on the projection of future passive profits, which constitutes a securities offering.
Neither Serge Lobreau or Ollorun are registered to offer securities in any jurisdiction. This means that, at a minimum, Ollorun is committing securities fraud.
This has been an ongoing regulatory concern with FlashMoni since the OZT ICO launch in 2018.
Given almost three years have passed since OZT’s early 2018 ICO, the only conclusion to draw is that Lobreau isn’t interested in operating legally.
As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve Ollorun of ROI withdrawal revenue, eventually prompting a collapse.
At that point Lobreau can either just do a runner with what’s left of invested funds, or dump OZTG on some dodgy exchange and then disappear.
Either way, the majority of investors in Ponzi schemes are guaranteed to lose money.