Platinam Capital Review: Cancer medication = 300% ROI in 45 days?
Platinam Capital provide no information about who owns or runs the company on their website.
The Platinam Capital website domain (“platinam.org”) was privately registered on November 6th, 2017.
An address in London, UK is provided on the Platinam Capital website. Further research however reveals the address is that of a Post Office, who on their website advertise virtual office services.
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.
Platinam Capital Products
Platinam Capital has no retailable products or services, with affiliates only able to market Platinam Capital affiliate membership itself.
The Platinam Capital Compensation Plan
Platinam Capital affiliates invest funds on the promise of an advertised ROI:
- Gestation – invest $10 to $5000 and receive a 3% daily ROI for 50 days
- Stable – invest $501 to $10,000 and receive a 3.3% daily ROI for 50 days
- Mature – invest $10,001 to $100,000 and receive a 3.5% daily ROI for 50 days
- Advanced – invest $100 to $5000 and receive a 150% ROI after 20 days (might be 15 days, two figures given on the website)
- Platinum – invest $15,000 to $20,000 and receive a 300% ROI after 45 days
Platinam Capital pay referral commissions 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.
Platinam Capital cap payable unilevel levels at five, with commissions paid out as a percentage of funds invested across these five levels as follows:
- level 1 (personally recruited affiliates) – 15.5%
- level 2 – 4%
- level 3 – 3%
- level 4 – 2%
- level 5 – 1%
Joining Platinam Capital
Platinam Capital affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the Platinam Capital MLM opportunity requires a minimum $10 investment.
As far as Ponzi tall tales go, Platinam Capital is one of the best I’ve seen in a while.
Unlike many other players, who do not diversify investments with the view to mitigate chances of sudden closure owing to unforeseen losses, Platinum Capital is different.
We do not only invest in crypto currencies but also invest in manufacture and distribution of essential yet rare life-saving Cancer Medication.
By so doing, the Company has guaranteed its continued survival even during the very tough Global Recession until such a time when the Share Holders decided at the June 2015 Board Meeting Held at Vancouver, Canada to now open the Company to the Broader Worldwide Market by way of presenting a rare opportunity to the medium as well as low income earners to be a part of the ever-growing success of Platinum Capital Ltd.
Putting aside the fact that Platinam Capital only came into existence two months ago, really?
So you’re selling cancer medication and generating a 300% ROI every 45 days… and you’re sharing that with randoms over the internet?
Naturally Platinam Capital provide no evidence they are selling cancer medication or investing in cryptocurrency.
That leaves new affiliate investment as the only verifiable source of revenue, the use of which to pay existing affiliates a ROI makes Platinam Capital a Ponzi scheme.
As with all Ponzi schemes, once affiliate recruitment dies down so too will newly invested funds.
That will starve Platinam Capital of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.