Ride2Success Review: 360% ROI in 60 days Ponzi
Ride2Success, which also goes by “R2SInternational”, launched in late 2021.
The company’s website domain (“r2sinternational.com”), was registered on November 14th, 2021.
Heading up Ride2Success is Ariel Sunga (right).
Sunga’s FaceBook profile places him in Manila, Philippines.
Sunga appears to have a history of running Ponzi schemes:
Team Boss Manager touts a passive 270% to 400% ROI. Sunga represents Team Boss Manager has been running since 2016.
Team Boss Manager appears to have collapsed in late 2021. This would make it the precursor for Ride2Success.
On January 13th, the Philippine SEC issued a securities fraud warning against Ride2Success and Ariel Sunga.
This appears to have impacted operation of the scheme. At time of publication Ride2Success’ company website was mostly inaccessible.
Read on for a full review of Ride2Success’ MLM opportunity.
Ride2Success has no retailable products or services.
Affiliates are only able to market Ride2Success affiliate membership itself.
Ride2Success’ Compensation Plan
Ride2Success affiliates invest $40 to $40,000 on the promise of a 6% daily ROI.
Ride2Success returns cap out at 360% after 60 days.
Attached to this are some busy-body tasks, click ads, play some stupid game etc., but this has nothing to do with Ride2Success’ MLM opportunity.
To keep funds trapped in Ride2Success for as long as possible, a 300% bonus ROI is rewarded if invested funds are rolled over for an additional 16 days.
The MLM side of Ride2Success pays on recruitment of affiliates who invest.
Commissions are paid down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- level 2 – 2%
- level 3 – 1%
Ride2Success affiliate membership is free.
Full participation in the attached income opportunity requires an initial $40 to $40,000 investment.
Ride2Success is a simple Ponzi scheme. You invest, accrue monopoly money returns in your backoffice and, when the time comes to withdraw, hope there’s still money left for you to steal.
Despite the SEC’s warning, at time of publication Ariel Sunga is still running Ride2Success’ official FaceBook group.
The group was created on December 19th and currently has 1900 members. Most of these are likely carried over from Team Boss Manager.
Being a bonafide serial Ponzi scammer, Sunga appears to have attracted criticism in the Philippines.
Evidently Sunga doesn’t take to being called out as a scammer well:
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Ride2Success of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Given Sunga is on the SEC’s radar, there’s a chance they may take further action against him.
Promotion of Ride2Success in the Philippines runs the risk of criminal prosecution. This is punishable with a maximum 21 year prison sentence and/or 5 million PHP fine (~$97,790 USD).