Pinnpai Review: Management assets firm ruse Ponzi
Pinnpai fails to provide ownership or executive information on its website.
Pinnpai’s website domain (“pinnpai.com”), was privately registered on August 26th, 2023.
It’s worth noting that Pinnpai’s website is riddled with grammatical errors. You can see an example of this in Pinnpai’s logo above.
This suggests that Pinnpai is being run by non-native English speakers.
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.
Pinnpai has no retailable products or services.
Affiliates are only able to market Pinnpai affiliate membership itself.
Pinnpai’s Compensation Plan
Pinnpai affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised returns:
- Silver Package – invest $50 to $2000 and receive 3% a day for 7 days
- Golden Package – invest $1000 to $5000 and receive 5% a day for 7 days
- Earthly Plan – invest $2000 to $10,000 and receive 50% over 10 days
Pinnpai pays referral commissions on invested cryptocurrency down two levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 4%
- level 2 – 2%
Pinnpai “Leaders” qualify for higher referral commission rates:
- level 1 – 10%
- level 2 – 5%
Note that Pinnpai does not publish Leader qualification criteria on its website.
Pinnpai affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $50 investment.
Pinnpai solicits investment in various cryptocurrencies.
Pinnpai pitches itself as a “trading and management assets firm”.
No verifiable evidence of these claims are provided.
Furthermore, Pinnpai’s business model fails the Ponzi logic test.
If Pinnpai is already trading and managing assets, such that it’s able to legitimately generate 5% a day on a consistent basis, what do they need your money for?
As it stands the only verifiable source of revenue entering Pinnpai is new investment.
Using new investment to pay affiliate withdrawals would make Pinnpai a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Pinnpai of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.