Waszupp Global Review: $35 matrix Ponzi cycler
I first came across Waszubb Global under the company name Waszupp Network.
Further research however reveals Ash Sahib (full name: Ashraf Ash H Sahib) is credited as founder and CEO.
In Waszupp Mentor Network marketing material Sahib is credited as a “billionaire from Dubai”.
Somewhat curiously though, his name only appears on the Waszupp Mentor Network website in the description of company conference calls.
On Facebook Sahib (right) cites himself as Chairman and CEO at Waszupp Global.
As far as I can tell, Waszupp Mentor Network isn’t a company in and of itself, rather it’s a downline group within Waszupp Global.
On May 8th Sahib published an article “Success Breeds Success”, on which he used a header for “We Share Success”.
We Share Success was a failed brand of Wazzub. The company name first surfaced in late 2014 as a platform for Wazzub to offer virtual shares through.
That concept ultimately flopped, with Wazzub going on launch a Ponzi scheme in mid 2016.
Today the Wazzub website (Perfect Internet) informs visitors that it’s part of something called the “Unicorn Network”. The MLM opportunity itself appears to have finally collapsed.
I wasn’t able to tie Ash Sahib directly to Wazzub, but the similarities between the two company names is hard to ignore.
In 2014 Sahib was running 4x TradeBiz, a forex income opportunity that appears to have since collapsed.
Read on for a full review of the Waszupp Global MLM opportunity.
Waszupp Global Products
Waszupp Global has no retailable products or services, with affiliates only able to market Waszupp Global affiliate membership itself.
The Waszupp Global Compensation Plan
Waszupp Global affiliates sign up, pay $35 and are then paid to recruit other affiliates who do the same.
Waszupp Global pay recruitment commissions via a 3×8 matrix.
A 3×8 matrix places a Waszupp Global affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each (9 positions).
Levels three to eight of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
A Waszupp affiliate signs up and pays $35. They must then personally recruit three affiliates who fill up the first level of their matrix.
This generates a $25 commission and unlocks level 2 of the matrix.
Level two of the matrix is filled as other affiliates fill level 1 of their matrix.
Once level 2 of the matrix is filled, a $292 commission is paid out and level three is unlocked.
Levels three to eight of the matrix operate in the same manner, with commissions paid across all eight levels as follows:
- level 1 – recruit three affiliates and receive $25
- level 2 – generates a $292 commission and unlocks level 3
- level 3 – generates a $1710 commission and unlocks level 4
- level 4 – generates a $45,000 commission and unlocks level 5
- level 5 – generates a $1,017,000 commission and unlocks level 6
- level 6 – generates a commission is paid out (not disclosed) and unlocks level 7
- level 7 – generates a commission (undisclosed) and unlocks level 8
- level 8 – generates a commission (undisclosed)
Note at the time of publication Waszupp Global has yet to confirm payments across levels 6 to 8 of the matrix.
The company’s compensation plan states only that affiliates will make “more money than you can imagine” across these levels.
Joining Waszupp Global
Waszupp Global affiliate membership is $35.
At its core, Waszupp Global is nothing more than a typical matrix cycler Ponzi.
You pay $35, get others to do the same and the more people who cough up, the higher your ROI.
Revenue generated through the matrix is sourced exclusively from newly recruited affiliates paying $35. With each level passing up more and more money to Waszupp Global leaders and management.
While the business model is an uninspired cookie-cutter Ponzi, what’s interesting about Waszupp Global is how it’s being marketed.
Marketing copy sent out less than twenty-four hours ago paints the picture of one Waszupp Global affiliate having a wet dream over First Lady Melania Trump.
When Ash Sahib, the billionaire from Dubai, and the Global Directors closed the call, I couldn’t fall asleep right away.
I was deeply impressed what I just heard.
Here were men with integrity talking about the greatest opportunity for mankind in this decade…
Suddenly, I must have entered the dream state, I had a meeting with beautiful looking Melania Trump.
I was asking for her endorsement of our Waszupp Crowdfunding program.
It has been a long meeting.
Melania wanted to know everything about this global program.
She also wanted to know more about CEO and founder, Ash Sahib, and his pledge in memory of his son.
As you can imagine, I did my best to answer all her questions, still not believing that I had the honor to talk with her.
I had the feeling she was asking me all these questions because of her humble background and her feeling of love for the not so fortunate people in the world.
I cannot remember if I got her endorsement.
The last thing I remember was her big smile before she disappeared.
I am still baffled.
You’re not the only one buddy.
And then there was this Waszupp Global marketing video, which at [14:10] features a Photoshop job of Ethan Vanderbuilt appearing to endorse the company:
Ethan Vanderbuilt runs a blog by the same name and refers to himself as a “scam buster”. To date he has not written about Waszupp Global in any capacity.
As with all Ponzi schemes, once affiliate recruitment dies down so too will newly invested funds.
This will see Waszupp Global’s company-wide matrix slow down, before ultimately grinding to a halt and collapsing.
Those who join in early steal the majority of invested funds and the rest of the Waszupp Global affiliate-base lose out.
Oh and if Waszupp Global truly is a reincarnation of Wazzub, expect years of broken promises and marketing hype to string you along.
Update 11th May 2018 – Following the collapse of Waszupp Global’s original business model reviewed above, the company has relaunched with a new compensation plan.