The People’s Options Review: Daily crypto mining/trading ROI + lottery
The People’s Options provide no information on their website about who owns or runs the business.
The People’s Options website domain (“thepeoplesoptions.com”) was first registered on December 18th, 2015. The domain registration was last updated on December 23rd, 2016.
Steven Tiffany of Papa Group LLC is listed as the owner, with an address in the US sate of Minnesota also provided.
Further research reveals this address is actually that of a UPS Store.
I wasn’t able to find any information on Steven Tiffany’s role within The People’s Options.
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 People’s Options Product Line
The People’s Options has no retailable products or services, with affiliates only able to market The People’s Options affiliate membership itself.
The People’s Options Compensation Plan
The People’s Options affiliates invest on the promise of a daily Mining and Trading pool ROI.
- Silver ($150 a year) – $15 invested in both the Mining and Trading Pools
- Gold ($500 a year) – $50 invested in both the Mining and Trading Pools
- Platinum ($1500 a year) – $1500 invested in both the Mining and Trading Pools
The Mining Pool pays out daily for 9 months, the Trading Pool sixty days. Both see the principal investment amount refunded upon maturity.
Which tier a The People’s Options affiliate invests in affects how much they can withdraw:
- Silver affiliates are charged an “up to 35%” management fee, a 4% withdrawal fee and can withdraw up to $2000 a month
- Gold affiliates are charged an “up to 30%” management fee, a 3% withdrawal fee and can withdraw up to $3000 a month
- Platinum affiliates are charged an “up to 25%” management fee, a 2% withdrawal fee and have no monthly withdrawal restrictions
Referral Commissions
Referral commissions are paid down three levels of recruitment (unilevel), on both initially invested amounts and daily ROI payouts.
Silver affiliates receive
- $12 for recruiting a Silver, Gold or Platinum affiliate on level 1 (personally recruited affiliates)
- $8 for a Silver, Gold or Platinum affiliate recruited on level 2
- $6 for a Silver, Gold or Platinum affiliate recruited on level 3
Gold affiliates receive
- $12 for recruiting a Silver affiliate on level 1
- $40 for recruiting a Gold or Platinum affiliate on level 1
- $8 for a Silver affiliate recruited on level 2
- $27 for a Gold or Platinum affiliate recruited on level 2
- $20 for a Gold or Platinum affiliate recruited on level 2
Platinum affiliates receive
- $12 for recruiting a Silver affiliate on level 1
- $40 for recruiting a Gold affiliate on level 1
- $120 for recruiting a Platinum affiliate on level 1
- $8 for a Silver affiliate recruited on level 2
- $27 for a Gold affiliate recruited on level 2
- $80 for a Platinum affiliate recruited on level 2
- $6 for a Silver affiliate recruited on level 3
- $20 for a Gold affiliate recruited on level 3
- $60 for a Platinum affiliate recruited on level 3
All affiliates receive
- 5% on level 1, 3% on level 2 and 1% on level 3 for Mining Pool ROI payments and
- 5% on level 1, 3% on level 2 and 2% on level 3 for Trading Pool ROI payments
CryptoShuffle Lottery
The CryptoShuffle Lottery is described as follows on The People’s Options website:
Each purchased CryptoShuffle Ticket generates a random alphanumeric value.
When all CryptoShuffle Ticket are sold, the assigned numbers are shuffled and a winner is chosen.
After a winner is declared, the next shuffle begins
CryptoShuffle Tickets are awarded when The People’s Options affiliates sign up and invest.
- Silver affiliates receive thirty CryptoShuffle tickets
- Gold affiliates receive one hundred CryptoShuffle tickets
- Platinum affiliates receive three hundred Crypto Shuffle tickets
CryptoShuffle Tickets can also be purchased separately, however pricing is not provided on The People’s Options website.
Referral commissions on ticket purchases (including initial investment) are paid out down six levels of recruitment:
- $0.0086 per ticket on level 1 (personally recruited affiliates) and level 2
- $0.00645 on level 3
- $0.0043 on levels 4 and 5
- $0.01075 on level 6
Joining The People’s Options
The People’s Options affiliate membership is tied to an annual investment of $150 to $1500:
- Silver – $150 a year
- Gold – $500 a year
- Platinum – $1500 a year
The primary difference between the above affiliate investment levels is income potential through The People’s Options compensation plan.
There is also a free Bronze level, however Bronze affiliates do not participate in the MLM opportunity.
Conclusion
The ruse behind The People’s Options daily ROI payouts is cryptocurrency mining and trading.
Naturally The People’s Options provides no evidence of any mining or trading taking place.
The only verifiable source of revenue entering The People’s Options is affiliate investment, the use of which to pay a daily ROI makes it a Ponzi scheme.
On top of that you have pyramid fraud by way of recruitment commissions, as well as gaming violations through the CryptoShuffle lottery.
The “cryptocurrency trading/mining” Ponzi model is enjoying popularity throughout the MLM underbelly at the moment.
Tons of companies have launched with the model over the past twelve months, none of which are able to provide any proof of trading and/or mining taking place.
The People’s Options is no different, with a collapse inevitable once affiliate recruitment slows down.
Great write up as usually OZ. I have a question about the gaming violiations that you mention due to their lottery.
Obviously this is not a U.s. company and is based in the Phillipines so I am wondering the impact of such statement.
My understanding is that they trade cryptocurrency, you can participate in the the various risk factor “BUCKETS” that they offer and they have nothing to do with the U.S. or any of the said reguarlations… Is this true???
Also, the person that actually runs the trading side is a very transparent persson whose name is HENRY.
You think a Ponzi scheme like The People’s Options has registered itself with any local government agency?
en.wikipedia.org/wiki/Gambling_in_the_Philippines#Government_agencies_and_firms
Lotteries are heavily regulated the world over. Doesn’t matter what country a scam is operating from.
It’s a ponzi scheme, no matter what it “pretends” to be and ponzi schemes are illegal the world over.
In any case, legal or illegal, the vast majority of participants are going to lose their money.
If anyone wants to gamble they are smarter than mathematics, it’s their choice
HERE is the good news! I am a forex TRADER and currency TRADER…so they say they hire TRADER….so I will report if that is true ! I will find out next week if first I can apply for the job and if they say no… I will report.
By the way you were right about options rider…. and the sunrise etc etc…. I should have lisned to you OZ…. I was the only one they use me at optionrider to pay me back all plus $5000 earned….
STEVE TIFFANY, who runs and owns the scam TPO, hearing from a bunch of investors, Steve has stole everybody’s money and ran.
As expected, the fraudster blamed it on a rogue trader he was using, but anybody that had any dealings with Steve directly, got the feeling he was unethical, besides being a pompous piece of crap, knows he’s put the funds in his pocket.
Hopefully someone will track him down and make him pay for the pain he has caused others.
STEVE TIFFANY is at it again with his BITPALINT.COM conducting an ICO.
Of course he is. Everyone in the MLM underbelly is a cryptocurrency expert now.
I had a look and couldn’t see an MLM opportunity on the BitPal website, just some business partner thing (earn commission on merchant transactions).
Steve Tiffany and Henry the (Scapegoat / Ghost Partner)….. Their TPO SCAM got many of us.
I reported to the NBI of Philippines. NBI still investigating.
Hope they live long enough to enjoy some of their stolen Crypto. Low life scums!!! Karma is coming!!!!!!
Steve Tiffany, an American from Minnesota had been arrested by the Philippines’ Bureau of Immigration last Wednesday from a Resort he supposedly owns and manages via Virtual Assist Inc.
He is currently at the BI Detention Center in Bicutan, Taguig.
The People’s Options collapsed ages ago. Is Tiffany still involved in MLM, or is the resort the fruits of running Ponzis and then disappearing?
Also if the arrest is immigration related, probably beyond the scope of what BehindMLM reports. But thanks for the update nonetheless.