Serving Planet Review: MMM Global “give help, get help” clone
Although there’s no mention of who owns or runs Serving Planet on their website, a marketing presentation names Draymond Guerra as CEO of the company.
Draymond Guerra (right) is based out of Florida in the US, which is presumably where Serving Planet is being operated from.
Read on for a full review of the Serving Planet MLM opportunity.
Serving Planet Products
Serving Planet has no retailable products or services, with affiliates only able to market Serving Planet affiliate membership itself.
The Serving Planet Compensation Plan
Serving Planet affiliates invest $20 to $10,000 in bitcoin on the promise of a 100% monthly ROI.
Note that to withdraw a ROI payment after 30 days, a Serving Planet affiliate must have recruited enough investors to generate equal to what they are withdrawing at any given time.
All Serving Planet affiliates are capped from withdrawing up to $2000 in bitcoin a day.
Referral commissions are paid on invested funds 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.
Referral commissions are paid out as a percentage of funds invested across the unilevel team as follows:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 4%
- level 3 – 3%
- level 4 – 2%
- level 5 – 1%
- level 6 and deeper – 0.5%
With the exception of level 1 residual commissions, Serving Planet affiliates must unlock level 2 and deeper of the unilevel team as follows:
- level 2 – personally invest at least $100 and convince at least 10 others to invest
- level 3 – personally invest at least $200 and have at least 100 investors in your unilevel team
- level 4 – personally invest at least $300 and have at least 200 investors in your unilevel team
- level 5 – personally invest at least $500 and have at least 1000 investors in your unilevel team
- level 6 and deeper – personally invest at least $1000 and have at least 2000 investors in your unilevel team
Joining Serving Planet
Serving Planet affiliate membership is free, however a minimum $20 investment is required to participate in the attached MLM opportunity.
Taken from the Serving Planet website, here’s how the company markets itself;
You pronounce the readiness to give assistance “Give Help”.
GET HELP sum will begin to develop from the moment of deposit.
Also, the rate of growth is level 100% every month.
The terms “provide help” and “get help” were coined by Sergey Mavrodi’s MMM Global Ponzi scheme.
Numerous clones have adopted the terms, with Serving Planet being no different.
So why is Draymond Guerra, who isn’t registered to offer securities in the US, operating a blatant Ponzi scheme out of Florida?
There is no Community Wallet, where all the cash streams to (and where it can be effectively stolen from :-
All the cash is circulated between the members themselves! On a great deal of millions wallets.
Members exchange BITCOINS specifically to each other, without mediators! (What are they for?)
Truth be told, SERVING PLANET just manages the procedure and nothing more.
Draymond Guerra is under the misguided belief that once caught, US authorities can’t go after his ill-gotten gains and those of his investors.
As far as Serving Planet’s business model. All the incriminating evidence of Ponzi fraud you need is provided right there on its website.
Serving Planet affiliates invest funds, those funds are withdrawn by existing affiliates and then they wait for subsequent investment to be made to in turn steal.
As with MMM Global, this isn’t a sustainable business model.
Around the time Serving Planet affiliate recruitment dies down, ROI withdrawals will slow to a crawl and eventually cease.
In MMM Global scamspeak, this translates to get help withdrawal request exceeding provide help deposits.
By that stage it’ll be too late for Serving Planet victims. Guerra will have disappeared and be working towards keeping whatever bitcoin he’s managed to steal.
In order for Guerra and a few early adopters to steal large sums of money, the rest of the Serving Planet affiliate-base has to lose it.