Turbo Crypto Review: 20% a day Ponzi scheme
Turbo Crypto provides no information on its website about who owns or runs the company.
Turbo Crypto’s website domain (“turbocrypto.biz”) was privately registered on June 23rd, 2021.
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.
Turbo Crypto’s Products
Turbo Crypto has no retailable products or services.
Turbo Crypto affiliates are only able to market Turbo Crypto affiliate membership itself.
Turbo Crypto’s Compensation Plan
Turbo Crypto affiliates invest cryptocurrency on the promise of advertised returns:
- Silver – invest $20 to $50,000 and receive 10% a day for 20 days (200% ROI)
- Gold – invest $4000 to $50,000 and receive 20% a day for 10 days (200% ROI)
Note that while the above investment amounts are quoted in USD, Turbo Crypto only solicits investment in cryptocurrency.
Turbo Crypto pays referral commissions down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 7%
- level 2 – 2%
- level 3 – 1%
Joining Turbo Crypto
Turbo Crypto affiliate membership is free.
Full participation in the attached income opportunity requires a minimum initial $20 investment.
Turbo Crypto solicits investment in bitcoin, litecoin, dogecoin, ethereum and bitcoin cash.
Turbo Crypto Conclusion
Turbo Crypto claims invested funds “are managed by a team of investment experts”.
No evidence of these experts existing is provided. Nor is there any evidence of Turbo Crypto generating external revenue of any kind.
In contrast, Turbo Crypto identifies itself as a “high yield investment program”. Otherwise known as HYIPs, this is MLM underbelly code for “Ponzi scheme”.
What should also be obvious is anyone capable of legitimately generating 20% a day, isn’t buying HYIP Ponzi scripts to run low-effort scams.
The scammer behind Turbo Crypto bought a script from somewhere, uploaded a website and cryptocurrency lol here we are.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Turbo Crypto of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.