Opix Technology fails to provide verifiable ownership or executive information on its website.

Opix Technology’s website domain (“opixtech.com”), was first registered in 2017. The private registration was last updated on June 17th, 2023.

Through the WayBack Machine, we can see Opix Technology’s website went live in late 2022.

Opex Technology represents it is run through Opix Technology Limited, purportedly a Seychelles shell company.

Opix Technology Limited is registered in the Republic of Seychelles (Registration number: 193365)

Seychelles is a tax haven with little to no active MLM regulation. Opix Technology representing it has a shell company in Seychelles is an immediate red flag.

Supposedly heading up Opix Technology we have “Joseph Culter”.

Culter, as represented on Opix Technology’s website and in its marketing material, doesn’t exist. This makes Culter a prime Boris CEO candidate.

Over on Opix Technology’s official YouTube channel, we find the actor playing Culter has an eastern-European accent.

Culter doesn’t feature in many Opix Technology videos. Instead they are fronted by “James Rossi” and “Raymond Wong”.

Rossi appears to be a North American actor who has appeared in campaigns from Chinese (Hong Kong) and Taiwanese companies. I couldn’t find anything definitive so I’ll leave it there.

If I’m not mistaken, the actor playing Raymond Wong has a Malaysian accent.

This ties in to Opix Technology’s official FaceBook page being managed from Malaysia:

Whereas Boris CEO schemes are typically run by Russians, it’s clear Opix Technology has ties to Malaysia.

This presents three scenarios;

  1. Russian scammers operating out of Malaysia
  2. Russian scammers working with Malaysian scammers out of Malaysia; or
  3. Malaysian scammers operating out of Malaysia

Oh and as per the Raymond Wong screenshot above, any MLM company representing ties or any association with Dubai raises an immediate insurmountable red flag.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

  1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
  2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Opix Technology, read on for a full review.

Opix Technology’s Products

Opix Technology has no retailable products or services.

Affiliates are only able to market Opix Technology affiliate membership itself.

Opix Technology’s Compensation Plan

Opix Technology affiliates invest $100 to $30,000 for up to 12 months.

This is done on the promise of advertised passive returns:

  • invest $100 and receive $5 a month for 1 month, $5.50 a month for 3 months, $6.30 a month for 6 months or $7.60 a month for 12 months
  • invest $500 and receive $25.20 a month 1 month, $27.30 a month for 3 months, $31.50 a month for 6 months or $37.80 a month for 12 months
  • invest $1000 and receive $50.40 a month for 1 month, $54.60 a month for 3 months, $63 a month for 6 months or $75.60 a month for 12 months
  • invest $3000 and receive $200.20 a month for 3 months, $231 a month for 6 months or $277.20 a month for 12 months
  • invest $5000 and receive $327.60 a month for 3 months, $378 a month for 6 months or $453.60 a month for 12 months
  • invest $10,000 and receive $655.20 a month for 3 months, $756 a month for 6 months or $907.20 a month for 12 months
  • invest $20,000 and receive $1310.40 a month for 3 months, $1512 a month for 6 months or $1814.40 a month for 12 months
  • invest $30,000 and receive $2429.7 a month for 3 months, $2803.50 a month for 6 months or $3364.20 a month for 12 months

The MLM side of Opix Technology pays on recruitment of affiliate investors.

Opix Technology Affiliate Ranks

There are eight affiliate ranks within Opix Technology’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  1. IB – sign up as an Opix Technology affiliate and invest $100
  2. SIB – invest $1000, recruit three IBs and generate $5,000 in personally recruited affiliate investment volume and $25,000 in total downline investment volume
  3. GIB – invest $5000, recruit three SIBs and generate $20,000 in personally recruited affiliate investment volume and $100,000 in total downline investment volume
  4. PIB – invest $10,000, recruit three GIBs and generate $50,000 in personally recruited affiliate investment volume and $500,000 in total downline investment volume
  5. JIB – invest $30,000, recruit three PIBs and generate $120,000 in personally recruited affiliate investment volume and $2,000,000 in total downline investment volume
  6. DIB – invest $50,000, recruit two JIBs and generate $180,000 in personally recruited affiliate investment volume and $6,000,000 in total downline investment volume
  7. BDIB – invest $70,000, recruit two DIBs and generate $250,000 in personally recruited affiliate investment volume and $12,500,000 in total downline investment volume
  8. RDIB – invest $100,000, recruit two BDIBs and generate $350,000 in personally recruited affiliate investment volume and $25,000,000 in total downline investment volume

Note that investments must be active to count towards rank qualification criteria.

ROI Matching Bonus

Opix Technology pay an “up 30%” match on passive returns earned by personally recruited affiliates.

  • SIBs earn a 10% ROI Matching Bonus
  • GIBs earn a 15% ROI Matching Bonus
  • PIBs earn a 20% ROI Matching Bonus
  • EIBs earn a 25% ROI Matching Bonus
  • DIBs earn a 30% ROI Matching Bonus

Rebate Bonus

Opix Technology represents passive returns are generated via trading. This can be broken down into trading lots, depending on how much is invested.

  • $100 = 0.55 to 0.6 lots
  • $500 = 2.75 to 3 lots
  • $1000 = 5.5 to 6 lots
  • $3000 = 19.8 to 21.6 lots
  • $5000 = 33 to 36 lots
  • $10,000 = 66 to 72 lots
  • $20,000 = 132 to 144 lots
  • $30,000 = 246 to 267 lots

These amounts appear to be over a recurring twenty-one day period.

Opix Technology pays a “rebate” per lot. Rebate rates are determined by rank:

  • IBs receive $1 per lot
  • SIBs receive $3 per lot
  • GIBs receive $5 per lot
  • PIBs receive $7 per lot
  • JIBs receive $9 per lot
  • DIBs receive $11 per lot
  • BDIBs receive $12 per lot
  • RDIBs receive $13 per lot

Opix Technology pays a $13 rebate on each lot generated, allowing higher ranked affiliates to earn the difference between their rank and lower-ranked downline affiliates.

The rebate bonus is tracked via a unilevel team compensation structure:

Lower-ranked affiliates can be anywhere in the unilevel team. The difference between their rank rebate bonus and $13 is always passed up until the full $13 has been paid out.

Note that nothing is passed up from RDIB ranked affiliates, as they are always paid the full $13 rebate bonus amount (or whatever is left of the $13 to pay out).

Parallel Ranking Bonus

PIB and higher ranked Opix Technology affiliates qualify for the Parallel Ranking Bonus.

The Parallel Ranking Bonus pays 10% on total earnings by downline affiliates at the same or higher rank.

Note that Opix Technology uses some weird math to calculate the Parallel Ranking Bonus. Earnings by affiliates appear to be deducted from earned downline commissions, and the full 10% is only paid out to same-ranked downline affiliates.

None of this is really explained so I’ll just provide the Parallel Ranking Bonus example from Opix Technology’s compensation documentation for reference:

Joining Opix Technology

Opix Technology affiliate membership is tied to a minimum $100 investment.

An active investment must be maintained to earn through Opix Technology’s compensation plan.

Opix Technology Conclusion

Opix Technology presents as your typical Malaysian forex scam. I don’t know what it is about the country but the MLM scam model of choice for Malaysian scammers has been forex trading for as long as I can remember.

Specific to Opix Technology we have advertised passive returns, purportedly tied to forex trading.

Opix Trading has been around since late 2022. They’ve had plenty of time to register with regulators and file audited financial reports – but haven’t.

This constitutes verifiable securities and commodities fraud.

Meanwhile with nothing marketing or sold to retail customers, the MLM side of Opix Technology operates as a pyramid scheme.

As it stands, the only verifiable source of revenue entering Opix Technology is new investment.

Using new investment to pay ROI withdrawals would make Opix Technology a Ponzi scheme. Verifiable securities fraud and commodities fraud further lends itself to Opix Technology being a Ponzi scheme.

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

This will starve Opix Technology of ROI revenue, eventually prompting a collapse.

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