TresMore Review: Saivian daily Ponzi ROI clone
Tresmore operate in the cashback MLM niche and provide a corporate address in the US state of Georgia on their website.
Further research reveals this address belongs to “Thanks Matrix”, which Tresmore marketing material suggests is an umbrella corporation:
Thanks Matrix cite the same Tresmore corporate address as their global headquarters. A Korean headquarters corporate address is also provided.
Thanks Matrix itself appears to have previously tried to launch an MLM opportunity through Go7Shop.
Go7Shop is an e-commerce platform with an attached MLM compensation plan. Alexa traffic estimates for the Go7Shop suggest it never took off.
In the Tresmore marketing slide above, Joseph Lee (right) is cited as the CEO and President of Thanks Matrix.
The Tresmore website cites Lee as President of the company and co-CEO with Peter Sohn.
The Tresmore corporate bios for Lee and Sohn contain marketing copy and provide no information about either individual.
I tried to suss out MLM histories for Lee and Sohn and turned up nothing. This in itself is highly suspicious.
A third member of corporate manage is named on the Tresmore website, Michael Krause.
Again, nothing comes up other than Krause holding the same position in TMWellbeing, another company connected to Thanks Matrix.
Read on for a full review of the Tresmore MLM opportunity.
TresMore Products
Tresmore has no retailable products or services.
Once signed up, Tresmore affiliates have access to a mobile app based cashback platform.
Through the app Tresmore affiliates nominate up to ten stores they currently use (excludes utility bills and services).
Receipts for products purchased with a nominated credit or debit card are uploaded through the app at the end of each month.
After a thirty-day “validation period”, Tresmore claim they will pay up to 20% cashback on purchases made.
The maximum cashback claimable in a month is $260 a month and/or $3120 a year.
The Tresmore Compensation Plan
Tresmore affiliates pay $130 a month and receive a daily ROI, based on how many affiliates they recruit.
Tresmore’s daily ROI is tracked via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.
Tresmore pay affiliates a daily ROI based on affiliate recruitment into their binary team.
- Silver – personally recruit 3 affiliates and receive a daily $5 ROI
- Gold – have 12 affiliates in your binary team (six on either side) and receive a $20 daily ROI
- Platinum – have 36 affiliates in your binary team (eighteen on either side) and receive a $30 daily ROI
- Diamond – have 80 affiliates in your binary team (forty on either side) and receive a $50 daily ROI
- Double Diamond – have 150 affiliates in your binary team (seventy-five on either side) and receive a $100 daily ROI
- Triple Diamond – have 300 affiliates in your binary team (one hundred and fifty on either side) and receive a $150 daily ROI
- Crown – have 500 affiliates in your binary team (two hundred and fifty on either side) and receive a $200 daily ROI
- Royal Crown – have 750 affiliates in your binary team (three hundred and seventy-five on either side) and receive a $300 daily ROI
At this point a third binary leg is opened up, with affiliates able to increase their daily ROI through continued recruitment.
- Premiere – have 1000 affiliates in your binary team (three hundred and fifty in two legs, 300 in the third) and receive a $500 daily ROI
- Star Premiere – have 2000 affiliates in your binary team (seven hundred in two legs, six hundred in the third) and receive a $750 daily ROI
- Gold Premiere – have 4000 affiliates in your binary team (one thousand four hundred in two legs, one thousand two hundred in the third) and receive a $1000 daily ROI
- Diamond Premiere – have 6000 affiliates in your binary team (two thousand one hundred in two legs, one thousand eight hundred in the third) and receive a $2000 daily ROI
- Crown Premiere – have 8000 affiliates in your binary team (two thousand eight hundred in two legs, two thousand four hundred in the third) and receive a $3000 daily ROI
Leadership Bonus
Tresmore’s Leadership Bonus is a 5% matching bonus on ROI payouts to downline affiliates, paid down three levels of recruitment (unilevel).
Global Pool Bonus
Tresmore take 3% of company-wide affiliate fees each month and place them into a Global Pool.
The Global Pool is split into five separate pools, corresponding with affiliate ranks:
- Premier – 30% pool
- Star Premier – 25% pool
- Gold Premier – 15% pool
- Diamond Premier – 15% pool
- Crown Premier – 15% pool
Affiliates at the Premier rank or higher receive a share in the corresponding Global Pool each month.
Joining Tresmore
Tresmore affiliate membership is $130 a month.
Conclusion
When analyzing Tresmore’s business model, the first obvious question is how are they generating revenue to pay the cashback with?
As per a Tresmore marketing presentation, the company would have you believe it’s through ‘analysis of consumer habits leading to better marketing management for businesses‘.
No proof whatsoever of data being collected and sold aside, this doesn’t make much sense.
Data gathering is typically laser-focused and packaged with specific client needs in mind.
Tresmore accept receipts from any product-selling business from anywhere in the world, for any product purchased for any amount.
What data resale value this might generate, if any, is going to be extremely limited.
Of course just like the company it was modeled on, Tresmore’s cashback portal is merely a marketing carrot.
The big money in Tresmore is in paying $130 a month and recruiting others who do the same.
Those with the largest downlines of affiliates paying a monthly fee receive a daily ROI of up to $3000 a day.
This is a clone of the Saivian Ponzi business model.
Saivian launched back in 2015 and, just shy of the typical two-year period in which online Ponzi schemes collapse, recently relaunched as SaiviWorld.
Tresmore is obviously hoping to capitalize on the same fraudulent model, even down to who they’re targeting.
When Saivian launched it was presented as an American business run by Americans.
Some initial interest aside, Saivian flopped in the US. Elsewhere in the world however the “pay a fee, recruit others and collect a daily Ponzi ROI” model took off.
China quickly established itself as the primary source of revenue from recruited investors. Even to this day SaiviWorld’s largest source of website traffic is China (52%), followed by Japan (16%).
Not surprisingly, Tresmore’s two largest sources of website traffic are also China (51%) and Japan (32%).
With virtually no US investors, it’s unclear whether US regulators will take any notice of Tresmore.
Like Saivian/SaiviWorld, Tresmore has not registered their securities offering with the SEC.
Saivian certainly slipped through the cracks, despite the likelihood of most investors today having already lost their money.
Reboot scams are, after all, rarely as successful as their initial incarnations. Ditto clone scams like Tresmore.
The daily ROI model will see Tresmore affiliates start to lose money when affiliate recruitment dies down.
This will start with those newly recruited unable to make back their $130 monthly investment.
Soon enough they stop paying their fee, which means those above them either take a cut in their daily ROI or stop getting paid.
They stop paying their fee and, well before you know it Tresmore has collapsed and they’re rebooting under a different name (TresWorld?).
Don’t be fooled by the cashback lure. Tresmore is primarily about collecting a daily ROI of up to $3000.
Someone has to cough up that money and unfortunately that will ultimately result in the majority of Tresmore affiliates losing money.
There’s a separate tresmore-cn.com website in Chinese, but it’s no longer online. There’s also a tresmoretw.com and tresmore.info
Also, something’s not right with the website. “Michael Krause” stuff appears to have been copied exactly from a website called tmwellbeing.com but has a different photo. And guess what? TMWellbeing is a part of the Tresmore “network”.
How can the same guy have two different photos?
Something is NOT kosher with this company.
I did see that photo, it’s the same guy – minus beard and Donald Trump toupe.
The resumes are tmwellbeing.com is clearly fake.
Michael Krause’s resume is not even in chronological order. And who the heck get a computer science degree, then law school (in only 4 years), leaves a huge 5 year gap in between graduation and next employment, works at an IP attorney firm, but also worked at year at Cisco WHILE working at the IP attorney firm?
Lynn Ou’s resume makes no sense either. There is a Bunka Gakuen school… of fashion. It’s also known as Bunka Fashion Graduate University. But it’s not in Kobe, but in Tokyo. There is no such school as University of Kobe Bunka Fukuso Gakuin.
As far as I know, the Georgia address given belongs to Vystar Corporation, which is completely unrelated. Vystar is a public company complete with EDGAR filings.
Given that Suite 300 (next door) belongs to Regus… I’d say this address is virtual.
Georgia corp search says Tresmore LLC wasn’t registered until 3/11/2017 (Business ID 2315812). And it’s REAL address is STE 290B, with a registered agent of Chae Chang, and signed by a “Sang Lee”.
Chinese scammers losing money in Saivian decided to launch their own clone Ponzi?
Not finding anything on either Chae Chang or Sang Lee in Georgia that can be nailed to Tresmore.
There’s a domain “eubliss.com” that’s linked to tmwellbeing. It is the same website as tmwellbeing but displays eubliss logo. Same template.
Both domains are reg by proxy blocked.
TMWellbeing LLC is registered by a “Sean Lee” and Chae Chang at 9/30/2016 … office is Regus (Suite 300)
TM POS INC was registered by a Sanggon Lee and attorney Sang D Cho in 10/26/2015, one person corp with address in Suwanee GA, not Duluth. It apparently started as an LLC, was dissolved and reformed as an INC in 11/29/2016.
No sign of TM Pro Consulting.
No sign of Thanks Trucking.
There is a esolutionTG LLC same address as Suwanee GA earlier, by Seongya Kim registered in 11/21/2014.
ThanksDigit LLC is registered 3/8/2017 by Sean Lee (and Chae Chang), Duluth Address.
Nothing on Thanks Matrix, TM Unviersity, Go7Shop or GoLawCase.
IMHO, is a three or four friends with unrelated businesses pretending to be a lot bigger than they are with shell companies.
What clued me in is the quality of those logos. Those look like they came out of those $10 “Logo Creator” software you buy in OfficeDepot.
Apparently, on Facebook, Tremore is directly pitched as a successor to Saivian. Hahaha. 🙂
If Saivian’s collapse makes you go mad, Tresmore is your new sky to build your dreams in.
Wow, so poetic. 😉
So Kasey,
This is definitely a scam. So after being in this business for 2 years, are you saying a pyramid scheme will collapse?
In this case this business will collapse, so people who get in early will get all their money back and more? Please respond back asap.
Kasey,
Your comments are very much appreciated. Most people will not go and do thorough research such as yourself. It’s hitting our islands right now.
Online Ponzi schemes collapse when they run out of newly invested funds.
This typically happens within two years.
I don’t know when it will collapse. I’m simply pointing out that even with my limited Google skills, I can easily find enough holes in their story to drive through a couple large trucks. And I did that in a few hours.
People are just too… gullible at times.
I think I figured it out. These guys are basically equating the websites they built and friends who used their backend as “business partners”.
The “real” company is eSolutionTG, which is a B2B consultancy.
eSolutionTG named their CRM platform ThanksMatrix, and gave it its own website, and apparently has a MLM comp referal plan for people who can promote it (isn’t that illegal referal marketing?)
Which also lead to Go7Shop (and its own MLM plan)
Then they launched TM POS INC because they want to sell point-of-sales solutions to people who don’t need the whole CRM package.
Then they decided they want a full IT consulting business, thus TM Pro Consulting, which of course, goes back to use ThanksMatrix.
They also spread back to Korea, and some trucking company (which I’ve yet to locate in Korea) decided to join in (also use ThanksMatrix?) and named itself Thanks Trucking (Korea).
GoLawCase is basically ThanksMatrix optimized for lawyers, probably because they want to sell their system to attorneys.
ThanksBless is the same system, optimized for churches and such.
Elsewhere…
ThanksDigit is the SAME folks getting into CryptoMining.
TMWellbeing is the same folks getting into cosmetics called eubliss (or was it u-bliss?)
So basically, it’s ONE company, eSolutionTG, claiming its CLIENTS are “business partners”.
And none of that had anything to do with 20% cashback of TresMore, otehr than they may share the ThanksMatrix backend.
So out of the 12 “business partners” of TresMore… Tresmore itself is registered by Chae Chang / Sean Lee.
eSolutionTG is real company, registered by Songgya Kim.
ThanskMatrix is a platform, not a company. NOT REAL
Go7Shop is a website/product, not a company. NOT REAL
GoLawCase is a website/product, not a company. NOT REAL
ThanksBless is a website/product, not a company, NOT REAL
ThanksTruck (Korea) — UNDETERMINED
TM POS Inc — real, but part of eSolutionTG, Sanggon Lee aka Sang Lee
TM Pro Consulting — part of eSolutionTG to implement ThanksMatrix, not a separate company
TM University — website/product to teach ThanksMatrix, NOT company
ThanksDigit — real, but part of eSolutionTG clientele, registered by Chae Chang/Sean Lee
TMWellbeing — real, part of eSolution clientele, Chae Chang/Sean Lee again!
So out of the twelve business partners…
One, eSolutionTG, is a developer, and two more are associated with it.
THREE had nothing to do with Tresmore, other than they share the same backend.
Five are just websites and products, not true partners
One is undetermined.
Given Sean Lee and Sang Lee / Sanggon Lee / Sang G Lee keep popping up next to Chae Chang, I wonder if all these S. Lee references are to the same person?
All these are summarized here:
amlmskeptic.blogspot.com/2017/08/can-you-trust-this-new-company-called.html
Nice research Kasey.