The Ads Team Review: OneCoin scammers launch new Ponzi scheme
The Ads Team website identifies three owners of the company; Muhammad Azam, Najam Ul-Hassan and Muhammad Imran.
All three owners of The Ads Team appear to be based out of the UK.
Prior to launching The Ads Team, Azam, Ul-Hassan and Imran were promoting the OneCoin Ponzi scheme.
Azam appears to have joined OneCoin earlier this year and stopped around August.
On September 29th Najam Ul-Hassan bought a new Mercedes car, crediting “network marketing” as the reason he was able to afford the purchase.
Thanks to All Mighty and Network Marketing that I was able to buy Brand New Mercedes.
The Journey from Working for someone to Becoming my own Boss has been extraordinary.
It’s going to get better as we are getting ready for the Biggest launch of my whole career. It’s going to be game changer and trend setter.
Prior to signing up as a OneCoin affiliate, Muhammad Imran was an affiliate with ACN.
Update 25th October 2016 – Muhammad Imran has been in touch and advised that, as of October 24th, he is ‘not longer belong to TheAdsTEAM any more’.
Why Imran chose to leave The Ads Team was not provided.
As at the time of this update Imran is still listed on The Ads Team’s “about us” website page and a member of the official The Ads Team Facebook group./end update
Azam, Ul-Hassan and Imran all appear to have been recruited into the same OneCoin downline earlier this year. Whether they are still affiliates with the company is unclear.
Read on for a full review of The Ads Team MLM opportunity.
The Ads Team Product Line
The Ads Team has no retailable products or services, with affiliates only able to market The Ads Team affiliate membership itself.
Once signed up, The Ads Team affiliates invest in Ad Packs to participate in the income opportunity.
Bundled with each Ad Pack investment are a series of ad credits, which can be used to display advertising on The Ads Team website.
The Ads Team Compensation Plan
The Ads Team compensation plan sees affiliates invest $10, $25 or $50 in Ad Packs, on the promise of an advertised 120% ROI.
- invest $10 and receive a 110% ROI (maximum 200 active deposits)
- invest $25 and receive a 115% ROI (maximum 500 active deposits)
- invest $50 and receive a 120% ROI (maximum 2000 active deposits
Daily ROI payments are based on how much a The Ads Team affiliate has invested:
- invest $10 and receive up to 2.5% a day
- invest $25 and receive up to 2.25% a day
- invest $50 and receive up to 2% a day
Note that in order to qualify for the daily ROI, a The Ads Team affiliate must watch ten company-supplied ads each day.
Referral commissions in The Ads Team 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.
The Ads Team cap payable unilevel levels at five, with commissions paid as a percentage of funds invested and reinvested by affiliates in the unilevel team:
- level 1 (personally recruited affiliates) – 8%
- level 2 – 2%
- levels 3 to 5 – 1%
Joining The Ads Team
The Ads Team affiliate membership is free, however an affiliate must invest a minimum $10 to $50 to participate in the attached MLM opportunity.
As per The Ads Team FAQ;
Is TheAdsTeam an investment opportunity?
No. We are not an investment or HYIP that tells you how much you will make daily or fixed plan.
OneCoin’s commission withdrawal problems are an open secret.
A visit to the OneCoin Facebook pages is all that’s needed to confirm affiliates are unable and have been unable to withdraw non-recruitment commissions for months.
If I had to guess, I’d say OneCoin recruitment died down for Muhammad Azam, Najam Ul-Hassan and Muhammad Imran around August, prompting them to launch their own Ponzi scheme.
Under the guise of selling advertising, The Ads Team uses newly invested funds to pay existing affiliates an up to 120% ROI.
In an effort to justify Ponzi fraud, The Ads Team claims
any program that claims a ROI (Return on investment) but has NO PRODUCT IS A SCAM! But TheAdsTeam Advertising Platforms sell ADVERTISING SPACE!
The reality is that it is the use of newly invested funds to pay off existing investors the defines The Ads Team as a Ponzi scheme.
As per the SEC, what is bundled to that core flow of money within an MLM opportunity is irrelevant.
Of note is the SEC’s recent shutdown of Traffic Monsoon, who used the same adcredit Ponzi model as The Ads Team.
Another attempt to legitimize Ponzi fraud by The Ads Team is the inclusion of third-party affiliate banners on their site.
Again, this is external to the core investment mechanic of the scheme and does not negate the use of newly invested The Ads Team affiliate funds to pay off existing affiliates.
As with all Ponzi schemes once recruitment of new affiliates dries up so too will new fund entering the system.
This will see The Ads Team unable to meet its advertised ROI obligations.
At that point the scheme collapses, leaving the majority of The Ads Team affiliates with a loss.