Storm Paid HYIP Review: Cryptocurrency trading = 1320% daily ROI?
Storm Paid HYIP provide no information on their website about who owns or runs the business.
The Storm Paid HYIP website domain (“stormpaidhyip.com”) was privately registered on October 8th, 2017.
The company claims it is “officially listed in Hong Kong”, however no evidence of this claim is provided.
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.
Storm Paid HYIP Products
Storm Paid HYIP has no retailable products or services, with affiliates only able to market Storm Paid HYIP affiliate membership itself.
The Storm Paid HYIP Compensation Plan
Storm Paid HYIP affiliates invest $1 to $25,000 on the promise of an advertised ROI.
There are three ROI rates Storm Paid HYIP offer affiliates:
- 165% every 3 hours
- 175% every 7 hours or
- 600% every 3 days
Referral commissions are available on funds invested by downline affiliates, paid out down three levels of recruitment:
- 10% on level 1 (personally recruited affiliates)
- 1% on levels 2 and 3
The ruse behind Storm Paid HYIP’s ROI revenue is cryptocurrency trading.
Since 2015, our company offers trust assets management of the highest quality on the basis of foreign exchange and profitable trade through Bitcoin exchanges.
We watched the emergence and rapid growth of cryptocurrency and took an active part in market trade and exchange to eventually offer the best investment terms to our customers.
We are only able to offer the conditions under which your deposit will run on an ongoing basis, bringing you steady income up to 1000% on a Plans.
Putting aside the fact that Storm Paid HYIP has only existed for a few months, these claims completely fail the Ponzi logic test.
If the anonymous admin(s) behind Storm Paid HYIP were able to legitimately and consistently generate a daily ROI of up to 1320%, much the less since 2015, why on Earth would they be sharing that with randoms over the internet?
The reality behind Storm Paid HYIP’s business model is that new affiliate investment is the only verifiable source of revenue.
Using newly invested funds to pay off existing investors makes Storm Paid HYIP a Ponzi scheme.
And if the facts aren’t enough for you, it’s right there in the name of the company.
“HYIP” stands for High Yield Investment Program, and in the MLM underbelly it’s code for “Ponzi scheme”.
As with all Ponzi schemes, once affiliate recruitment slows down so too will new funds entering the system. This will see Storm Paid HYIP unable to meet their ROI obligations, prompting a collapse.
Mathematics guarantees that when a Ponzi scheme collapses, the majority of investors lose money.
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