Plexico Review: Boris CEO MLM crypto Ponzi
Plexico fails to provide ownership or executive information on its website.
Plexico’s website domain (“plexico.io”), was registered on February 19th, 2024. The private registration was last updated on March 1st, 2025.
After its domain was registered, nothing much seems to have happened till Plexico began to market itself around February 2026.
I’m not sure if this is because the opportunity was dead or whether they decided to soft reboot having found an actor to play founder and CEO “Vladimir Podpletny”.

“Vladimir Podpletny” appears in a marketing video embedded on Plexico’s website and in offsite marketing.
Up until very recently Plexico had created an Instagram page for Podpletny, however that’s either since been disabled or deleted.

The actor playing Podpletny has an eastern European accent. This is typical of Boris CEO scams being run by eastern European scammers (Russia, Ukraine and Belarus).
I don’t have a name but in 2016, the actor playing Podpletny attended a DJ KhariSon set at RedCups Lounge in Mariupol, Ukraine:

Ten years have passed but the actor has a very distinctive ear shape.
While it’s possible the Plodpletny actor has teamed up with Russians, it’s likely Plexico is being run by Ukrainian scammers.
In an attempt to appear legitimate, Plexico provides registration details for an unnamed Florida company.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, whatever the name of Plexico’s purported Florida shell company doesn’t matter.
For the purpose of MLM due-diligence shell companies registered in any country are meaningless. Notwithstanding Plexico has no verifiable ties to Florida.
It should be noted that despite only existing from February 2025 at the earliest, in its marketing materials Plexico falsely represents its fictional founder started the company in 2022.
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.
Plexico’s Products
Plexico has no retailable products or services.
Promoters are only able to market Plexico promoter membership itself.
Plexico’s Compensation Plan
Plexico solicits investment in cryptocurrency, which is then converted into its own Plexico Utility Token (PUT). Plexico represents an internal $1 PUT token value.

Through PUT tokens, Plexico pitches consumers on LifeFlow and XXX investment plans.
LifeFlow
LifeFlow investment plans pay weekly on investments of 500 to 500,000 PUT for up to 60 months.
The standard LifeFlow ROI rate is 13% to 16% a month (again paid weekly), with bonus monthly ROI rates available the longer a Plexico promoter invests:
- invest for 12 months and receive the standard LifeFlow ROI rate
- invest for 18 months and receive a 2.5% bonus ROI rate
- invest for 24 months and receive a 5% bonus ROI rate
- invest for 30 months and receive a 7.5% bonus ROI rate
- invest for 36 months and receive a 10% bonus ROI rate
- invest for 48 months and receive a 12.5% bonus ROI rate
- invest for 60 months and receive a 15% bonus ROI rate
DailyFlow
DailyFlow investment plans pay daily on investments of 100 to 499,999 PUT:
- invest 100 to 499 PUT and receive 65% of the monthly 13% to 16% ROI rate
- invest 500 to 2499 PUT and receive 70% of the monthly 13% to 16% ROI rate
- invest 2500 to 4999 PUT and receive 75% of the monthly 13% to 16% ROI rate
- invest 5000 to 9999 PUT and receive 80% of the monthly 13% to 16% ROI rate
- invest 10,000 to 19,999 PUT and receive 85% of the monthly 13% to 16% ROI rate
- invest 20,000 to 49,999 PUT and receive 90% of the monthly 13% to 16% ROI rate
- invest 50,000 to 499,999 PUT and receive 95% of the monthly 13% to 16% ROI rate
Note Plexico punishes DailyFlow investors for withdrawing before 360 days with high fees:
- withdraw after 180 days and pay a 40% fee
- withdraw after 210 days and pay a 35% fee
- withdraw after 240 days and pay a 30% fee
- withdraw after 270 days and pay a 25% fee
- withdraw after 300 days and pay a 20% fee
- withdraw after 330 days and pay a 15% fee
- withdraw after 360 days and withdrawal fee is waived
The MLM side of Plexico pays on recruitment of promoter investors.
Note that while USD amounts are quoted, Plexico pays MLM commissions and bonuses out in its PUT token.
Plexico Promoter Ranks
There are twelve promoter ranks within Plexico’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Rank 1 – sign up as a Plexico promoter and invest $100 or more
- Rank 2 – maintain a minimum $100 investment and generate $2500 in downline investment volume
- Rank 3 – maintain a minimum $100 investment and generate $10,000 in downline investment volume
- Rank 4 – invest $300 and generate $25,000 in downline investment volume
- Rank 5 – invest $1000 and generate $50,000 in downline investment volume (at least $10,000 from 2 recruitment legs)
- Rank 6 – invest $3000 and generate $100,000 in downline investment volume (at least $25,000 from 2 recruitment legs)
- Rank 7 – invest $6000 and generate $200,000 in downline investment volume (at least $50,000 from 3 recruitment legs)
- Rank 8 – invest $10,000 and generate $500,000 in downline investment volume (at least $100,000 from 3 recruitment legs)
- Rank 9 – invest $20,000 and generate $1,000,000 in downline investment volume (at least $200,000 from 3 recruitment legs)
- Rank 10 – invest $50,000 and generate $2,500,000 in downline investment volume (at least $500,000 from 3 recruitment legs)
- Rank 11 – invest $150,000 and generate $10,000,000 in downline investment volume (at least $1,000,000 from 3 recruitment legs)
- Rank 12 – invest $400,000 and generate $25,000,000 in downline investment volume (at least $2,500,000 from 3 recruitment legs)
Referral Commissions
Plexico pays a referral commission on cryptocurrency invested by personally recruited promoters.
Referral commission rates are determined by rank:
- Rank 1 promoters receive a 4% referral commission rate
- Rank 2 promoters receive a 6% referral commission rate
- Rank 3 promoters receive a 7.5% referral commission rate
- Rank 4 promoters receive a 9% referral commission rate
- Rank 5 promoters receive a 10% referral commission rate
- Rank 6 promoters receive an 11% referral commission rate
- Rank 7 promoters receive a 12% referral commission rate
- Rank 8 promoters receive a 13% referral commission rate
- Rank 9 promoters receive a 14% referral commission rate
- Rank 10 promoters receive a 15% referral commission rate
- Rank 11 promoters receive a 15.5% referral commission rate
- Rank 12 promoters receive a 16% referral commission rate
PUT Bonus
If a Plexico promoter generates $25,000 in downline investment volume, they receive a 750 PUT bonus.
First Month Boost
If a Plexico promoter generates $5000 in downline investment within their first thirty days, they receive a 100 PUT First Month Boost bonus.
Once $5000 in downline investment is reached, another 200 PUT is paid out per $10,000 in downline investment reached within the thirty-day limit.
Leadership Bonus
Rank 6 and higher ranked Plexico promoters qualify for the Monthly Leadership Bonus.
The Monthly Leadership Bonus is a bonus percentage, paid on total downline investment volume generated each month:
- generate $50,000 in monthly downline investment volume and receive a bonus 2% that month
- generate $100,000 in monthly downline investment volume and receive a bonus 4% that month
- generate $200,000 in monthly downline investment volume and receive a bonus 6% that month
- generate $500,000 in monthly downline investment volume and receive a bonus 8% that month
Note that for counted downline investment, a 50% cap on a promoter’s strongest recruitment leg (by investment volume) is applied.
Rank Achievement Bonus
Plexico rewards promoters who qualify at Rank 3 and higher with a one-time Rank Achievement Bonus:
- qualify at Rank 3 and receive $250
- qualify at Rank 4 and receive $750
- qualify at Rank 5 and receive $2000
- qualify at Rank 6 and receive $3500
- qualify at Rank 7 and receive $6000
- qualify at Rank 8 and receive $10,000
- qualify at Rank 9 and receive $50,000
- qualify at Rank 10 and receive $100,000
- qualify at Rank 11 and receive $300,000
- qualify at Rank 12 and receive $800,000
Joining Plexico
Plexico promoter membership is free.
Full participation in the attached income opportunity requires a minimum 100 PUT investment ($100 in cryptocurrency).
Plexico Conclusion
Plexico represents it generates external revenue through a “liquidity management fund”.

No verifiable evidence of this fund existing is provided.
Furthermore, Plexico’s business model fails the Ponzi logic test.
Is Plexico already operates a “liquidity management fund” pumping out up to 16% a month, what does it need your money for?
Especially if we buy into Plexico’s claimed 2022 founding year. 13% to 16% a month is a lot of money.
But, as with its fictional CEO, Plexico’s claimed “liquidity management fund” doesn’t exist.
As it stands the only verifiable source of revenue entering Plexico is new investment.
Using new investment to pay ROI withdrawals would make Plexico a Ponzi scheme.
As with all MLM Ponzi schemes, once promoter recruitment dries up so too will new investment.
This will starve Plexico of ROI revenue, eventually prompting a collapse.
Note that Plexico’s investment plans are designed to trap as much money in the system for as long as possible. This, along with PUT token being completely worthless outside of Plexico, allows Plexico to maximize investor losses at collapse.
Math guarantees that when a Ponzi scheme collapses, the majority of participants lose money.

