Team Plutus Review: Plutus points Ponzi investment scheme
There is no information on the Team Plutus website indicating who owns or runs the business.
The Team Plutus website domain (“team-plutus.com”) was registered on the 3rd of March 2016, however the domain registration is set to private.
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 Team Plutus Product Line
Team Plutus has no retailable products or services, with affiliates only able to market Team Plutus affiliate membership itself.
The Team Plutus Compensation Plan
The Team Plutus compensation plan sees affiliates sign up and receive 125 Plutus points.
Team Plutus pays an advertised daily ROI of 0.4% on the Plutus points for 7 days.
After 7 days a Team Plutus needs to invest real funds if they wish to continue to earn money (free affiliates cannot withdraw).
- invest $10 and receive 15 Plutus points (60 day affiliate subscription)
- invest $50 and receive 100 Plutus points (360 day affiliate subscription)
- invest $100 and receive 300 Plutus points (720 day affiliate subscription
Once invested funds are deposited, the Team Plutus affiliate continues to earn a 0.4% daily ROI for the life of their subscription.
An affiliate can increase the daily ROI by purchasing Plutus points directly from other affiliates as follows:
- purchase 100 Plutus points and receive a 0.7% daily ROI rate
- purchase 250 Plutus points and receive a 0.75% daily ROI rate
- purchase 500 Plutus points and receive a 0.8% daily ROI rate
- purchase 1000 Plutus points and receive a 0.9% daily ROI rate
- purchase 2500 Plutus points and receive a 1% daily ROI rate
Although not explicitly clarified on the Team Plutus website, I believe Plutus points are sold at a rate of 1 Plutus point = $1.
Referral commissions in Team Plutus are paid out 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.
Commissions are paid at a rate of 25% of funds invested by personally recruited affiliates.
This continues up the unilevel team, with each affiliate in a higher level earning 25% of any funds their level 1 affiliates receive.
Eg. If an affiliate on the fourth level of your unilevel team invested $100, the affiliate who recruited them (your level 3) would receive $25.
The affiliate who recruited them (your level 2) would receive 25% of 25 ($6.25).
The affiliate who recruited them (your level 1) would receive 25% of $6.25 ($1.56)
You would then receive 25% of $1.56 (39 cents) and your upline 25% of 39 cents etc.
Joining Team Plutus
Affiliate membership with Team Plutus is $5 for 30 days, $50 for 360 days or $100 for 720 days.
Team Plutus convert real funds invested by affiliates into Plutus points.
Plutus points hold no value outside of the Team Plutus income opportunity, despite Team Plutus paying daily monopoly money ROIs on them.
Team Plutus convince affiliates they’ve made substantial amounts of money in their backoffice, however the only way to realize those funds is to find suckers to purchase accumulated Plutus points.
Plutus points cannot be sold back to Team Plutus.
The Team Plutus admin receives affiliate subscription fees and have no doubt allocated themselves a healthy balance of Plutus points.
New affiliates who want to increase their daily ROI must thus purchase points from the Team Plutus admin (at least until other affiliates are in a position to offload points).
By the time other affiliates are in a position to offload points, it’s likely that recruitment of new Team Plutus affiliates will have died down.
This will result in no internal demand for Plutus points, resulting in Team Plutus wanting to offload points but having nobody to dump them on.
The flow of money from new affiliates to pay off existing affiliates makes Team Plutus a Ponzi scheme, irrespective of whether affiliates are trading points among themselves.
Team Plutus have created Plutus points, the vehicle for investment tracking and ROI payments within the scheme.
Of note is that Team Plutus use bitcoin, meaning that although the majority of funds paid in are likely to wind up with the anonymous admin(s) of the scheme, recovery of funds in the event of a collapse will be difficult.
Great for the Team Plutus admin, not so great for the majority of affiliates who lose money.