Wealth Rising Review: $20 to $5000 Ponzi investment scheme
There is no information on the Wealth Rising website indicating who owns or runs the business.
The Wealth Rising website domain (“wealthrising.net”) was privately registered on May 11th, 2016.
Further research reveals Gerhard Rempel identifying himself as Wealth Rising’s CEO and founder:
Rempel (right) is based out of Belize and first appeared on BehindMLM’s radar back in 2013, as co-owner of Belizers.
Belizers saw affiliates invest between $10 and $25 on the promise of an advertised 150% ROI.
In mid-2015 Rempel resurfaced as the admin of Fast Perpetual Cash Cyclone. In 2016 Rempel launched Crowd Rising, a ten-tier cash gifting scheme.
Alexa statistics for the Crowd Rising website suggest the scheme has collapsed. This is likely behind the launch of Wealth Rising.
Read on for a full review of the Wealth Rising MLM opportunity.
The Wealth Rising Product Line
Wealth Rising has no retailable products or services, with affiliates only able to market Wealth Rising affiliate membership itself.
The Wealth Rising Compensation Plan
Wealth Rising affiliates invest in four investment plans on the promise of a daily ROI:
- Minimizer – invest $20 to $100 and receive a 130% ROI after 15 days
- Kick Starter – invest $110 to 300 and receive a 120% ROI after 15 days (10% mandatory reinvestment)
- Optimizer – invest $100 to $1000 and receive a 146% ROI after 30 days (20% mandatory reinvestment)
- Maximizer – invest $300 to $5000 and receive a 150% ROI after 30 days (25% mandatory reinvestment)
Referral commissions are available on funds invested by recruited affiliates, paid out down four levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 2%
- level 2 – 2%
- level 3 – 3%
- level 4 – 5%
If a Wealth Rising affiliate recruits at least twelve affiliates who each invest $100 or more, they receive a bonus 5% referral commission on level 1.
Joining Wealth Rising
Wealth Rising affiliate membership is free, however affiliates must invest $20 to $5000 to participate in the attached income opportunity.
The only verifiable source of revenue entering Wealth Rising is affiliate investment.
As per the Wealth Rising website, the company described itself as a “Global Cooperative Member to Member Assistance Project”.
What this means is new member money is used to pay old members, making Wealth Rising a Ponzi scheme.
In addition to Ponzi fraud, recruitment commissions add an additional pyramid layer to the scheme.
This is in line with Gerhard Rempel’s previous MLM launches, all of which have been gifting or outright Ponzi schemes.
As with all such schemes, once affiliate recruitment dies down so too will new revenue to pay off existing investors.
When this happens Wealth Rising will find itself unable to meet its advertised ROI obligations, prompting a collapse.
Mathematically the collapse of a Ponzi scheme guarantees the majority of investors will lose money.
He says that he’s in Belize, but his websites seem to indicate that he’s in Winkler, Manitoba.
They are introducing outside revenue soon which will allow growth. They also have a internal insurance fund that will allow for sustainabiilty.
This place has alot going on and maybe it is not fully going yet…. it will rock soon.
No they aren’t.
No they don’t.
Sounds like Wealth Rising is already on the verge of collapse then.
This guy is nothing but a lowlife scammer!
uh, too late. already illegal.
The Cash Reserve Fund started about 2 weeks ago. this assures that all gifts are completed in 48 hours no matter what.
The Outside Revenue Source was announced about a month ago and this involves professional Forex Traders who make WAY MORE then what Wealth Rising pays out.
Lastly, Cash Gifting is completely legal in the U.S.. However, this company is not based in the U.S. so that does not apply.
P.S. Gerhard and Uncle Pete are the farthest from LOW LIFE Scammers. They are caring, Honest, and will make Wealth Rising a Legacy for DECADES to come.
Do your homework next time instead of writing such a shallow review…
Good luck fellows and gals.
No it’s not.
“cash gifting” is classified as a “pyramid” or “endless chain recruiting” and is therefore illegal in all states of the USA and most Western countries.
100% of funds entering Wealt Rising are sourced from affiliates. Call it what you want, you’re still playing with a fixed affiliate investment balance that will eventually be depleted.
Not being able to pay out more than is invested is basic math.
Right. Because it makes total sense for them contribute their earnings to a Ponzi scheme.
Proof of forex trades tied to Wealth Rising ROI payments? *crickets*
No it isn’t. It’s wire fraud.
Living in the US? Yeah, it applies.
Tell that to victims of Belizers, Fast Perpetual Cash Cyclone and Crowd Rising.
Just like all the aforementioned scams? Give me a break.
lol. wacky scammer. can’t even keep his excuse timeline straight.
Sorry Curt, but “cash gifting” is a felony crime in at least half of the states, as well as under Federal law.
Now that you’ve expressed such a criminal attitude, I feel comfortable letting people know that you live in North Dakota and use the username kazoo2020 on a wide range of websites both legal and Ponzi.
Try looking up Donna Bello and her conviction for cash gifting a few years ago. Or visit BehindMLM’s sister site Realscam and read the forum they have there specifically for discussion of cash gifting and cash gifters.
A friend of mine has bought into this Wealth Rising thing and told me that they have created their own Crypto Currency and that he just bought 14,000 coins for $560. And is being told that in 40 days WR will go public and sell their coins on the Ethereum network.
There he is being led to believe that it will go up to $1-2 per coin.
Keep in mind that the WR site uses bitcoin when members buy in. So now they are being led to use the bitcoin they have made (and from their own personal contributions) from the site to buy into their new crypto currency.
This looks like a final drain of all the members money into the hands of it’s creaters; who ever this may really be!