Profit Venture Review: Two-tier revshare cycler Ponzi
There is no information on the Profit Venture website indicating who owns or runs the business.
The Profit Venture website domain (“profit-venture.com”) was registered on the 22nd of April 2016, however the domain registration is set to private.
The official Profit Venture Facebook group lists one admin, Mark Sanchez.
The Mark Sanchez profile is likely fake, having only been created on April 10th, just shy of two weeks before the Profit Venture website domain was registered.
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.
The Profit Venture Product Line
Profit Venture has no retailable products or services, with affiliates only able to market Profit Venture affiliate membership itself.
Once signed up, Profit Venture affiliates purchase either revshare or matrix cycler positions.
Bundled with each position purchase are a series of advertising credits, which can be used to display advertising on the Profit Venture website.
The Profit Venture Compensation Plan
The Profit Venture compensation plan is the combination of a four-tier revshare scheme and three-tier matrix cycler.
Profit Venture affiliates invest $1 to $25 on the promise of an advertised ROI:
- invest $1 and receive a 110% ROI after 20 days
- invest $5 and receive a 120% ROI after 30 days
- invest $10 and receive a 125% ROI after 42 days
- invest 25 and receive a 130% ROI after 52 days
A referral commission of 10% is paid out on revshare position purchases made by personally recruited affiliates.
Profit Venture operate a three-tier matrix cycler.
The cycler uses a
- 3×1 matrix requiring three positions to be filled
- a 4×1 matrix requiring four positions to be filled and
- a 5×1 matrix requiring five positions to be filled
Commissions are paid out on each cycler matrix as follows:
- 3×1 matrix (positions cost $10) – no commission and cycles into a 4×1 matrix
- 4×1 matrix – $20 commission and cycles into a 5×1 matrix
- 5×1 matrix – $130 commission and cycles into a new 3×1 matrix
A matching bonus of $20 is paid when personally recruited affiliates cycle out of a 5×1 matrix.
A referral commission of 10% is also paid when personally recruited affiliates purchase a matrix cycler position.
Joining Profit Venture
Affiliate membership with Profit Venture is free, however affiliates must purchase at least one revshare or matrix cycler position to participate in the attached MLM opportunity.
Profit Venture offers investment in a two-tier Ponzi scheme.
The revshare component sees affiliates invest in “Ad Packs”, which pay a ROI of up to 130%.
The matrix cycler component sees affiliates invest $10 on the promise of an eventual $150 ROI.
Both components use newly invested funds to pay off existing investors, making Profit Venture a Ponzi scheme.
The advertising credits bundled with position purchases are neither here nor there. According to the SEC, advertising credits in adcredit Ponzi schemes serve only as pseudo-compliance.
As with all Ponzi schemes, once newly invested funds run out Profit Venture will be unable to meet its ROI obligations.
This will see the matrix cycler tiers stall and Ad Pack ROI requests denied. At that point Profit Venture will have collapsed, with most investors taking a loss.