WeWe Global Review: WEWEX Ponzi points scheme
I was disappointed to learn WeWe Global wasn’t a nod to urine aficionados around the world.
Instead the company’s name is an acronym for “World Enhanced Wealth Ecosystem Global”. I much prefer WeWe Global though so we’ll stick with that.
WeWe Global provides no information on its website about who owns or runs the company.
WeWe Global’s website domain (“wewe.global”) was registered in January 2020.
The owner of the domain is “DigiTech Service LTD”, through an incomplete address in the British Virgin Islands.
In the FAQ section of WeWe Global’s website, the company claims it is owned by “WEWE-DAO and company “DIGITECH SERVICES LTD” BVI”.
The British Virgin Islands is a scam-friendly jurisdiction with no active regulation of MLM related fraud.
For this reason you should avoid any MLM company incorporated or representing it is incorporated there.
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.
WeWe Global’s Compensation Plan
WeWe Global affiliates sign up and invest in WEWEX tokens.
- MegaNode – invest $100 and receive 100 WEWEX
- GigaNode – invest $300 and receive 300 WEWEX
- TeraNode – invest $500 and receive 500 WEWEX
- Petanode – invest $1500 and receive 1500 WEWEX
- ExaNode – invest $3500 and receive 3500 WEWEX
- ZetaNode – invest $7500 and receive 7500 WEWEX
Affiliates invest in WEWEX tokens on the promise of returns. To generate returns, once invested in, WEWEX tokens are parked with the company (staking).
Note that WeWe Global withholds 30% of daily returns for mandatory reinvestment.
A return is realized when WeWe Global affiliates dump their WEWEX tokens on another affiliate through WeWe Global’s internal exchange.
The MLM side of WeWe Global pays on recruitment of affiliate investors.
Note that all WeWe Global commissions and bonuses are paid out in WEWEX tokens.
WeWe Global Affiliate Ranks
There are twenty-one affiliate ranks within WeWe Global’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Affiliate – sign up and invest in WEWEX tokens
- Beginner – recruit one Affiliate
- Junior – recruit two or more Affiliates who together invest at least $300, generate $600 in total downline investment volume
- Senior – recruit three or more Affiliates who together invest at least $400, generate $800 in total downline investment volume
- Junior Director – generate $500 in personally recruited affiliate investment volume and $1000 in total downline investment volume
- Director 1 Star – personally invest $300, recruit four or more Affiliates who together invest at least $700, and generate $5000 in total downline investment volume
- Director 2 Star – generate $800 in personally recruited affiliate investment volume and $15,000 in total downline investment volume
- Director 3 Star – personally invest $500, recruit five or more Affiliates who together invest at least $1000, and generate $50,000 in total downline investment volume
- Director 4 Star – generate $2000 in personally recruited affiliate investment volume and $100,000 in total downline investment volume
- Director 5 Star – personally invest $4000, recruit ten or more Affiliates who together invest at least $4000, and generate $200,000 in total downline investment volume
- Ambassador 6 Star – personally invest $5000, recruit eleven or more Affiliates who together invest at least $8000, and generate $300,000 in total downline investment volume
- Ambassador 7 Star – personally recruit twelve or more Affiliates who together invest at least $16,000, and generate $700,000 in total downline investment volume
- Ambassador 8 Star – personally recruit fifteen or more Affiliates who together invest at least $20,000, and generate $1,000,000 in total downline investment volume
- Ambassador 9 Star – personally invest $12,500 and generate $5,000,000 in total downline investment volume
- Ambassador 10 Star – generate $7,500,000 in total downline investment volume
- Ambassador 11 Star – personally invest $15,000, generate $25,000 in personally recruited affiliate investment volume and $15,000,000 in total downline investment volume
- Ambassador 12 Star – generate $25,000,000 in total downline investment volume
- Crown Ambassador – personally invest $18,000, generate $30,000 in personally recruited affiliate investment volume and $40,000,000 in total downline investment volume
- Crown Ambassador Gold – generate $40,000 in personally recruited affiliate investment volume and $65,000,000 in total downline investment volume
- Crown Ambassador Diamond – personally invest $25,000, generate $50,000 in personally recruited affiliate investment volume and $90,000,000 in total downline investment volume
- Master of Ambassadors – personally invest $30,000, generate $75,000 in personally recruited affiliate investment volume and $120,000,000 in total downline investment volume
Note that WeWe Global affiliate ranks must be qualified for in sequential order.
Recruitment Commissions
WeWe Global affiliates receive a 5% commission on funds invested by personally recruited affiliates.
Residual Commissions
WeWe Global pays residual commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
WeWe Global caps payable unilevel team levels at twenty.
Residual commissions are paid as a percentage of 50% of funds invested across these twenty levels as follows:
- level 1 (personally recruited affiliates) – 3%
- levels 2 and 3 – 3%
- levels 4 to 6 – 2%
- levels 7 to 9 – 1%
- levels 10 to 20 – 0.5%
Note that affiliates must qualify for unilevel team levels based on rank.
Juniors earn on one unilevel team level, Seniors earn on two levels, Junior Directors earn on three levels and so on and so forth.
WeWe Global withholds 30% of residual commissions for mandatory reinvestment.
Infinity Bonus
The Infinity Bonus pays a percentage of total downline investment volume each month.
Infinity Bonus percentage rates correspond with affiliate rank:
- Director 3 Stars earn a 3% Infinity Bonus rate
- Director 4 Stars earn a 4% Infinity Bonus rate
- Director 5 Stars earn a 5% Infinity Bonus rate
- Ambassador 6 Stars earn a 6% Infinity Bonus rate
- Ambassador 7 Stars earn a 7% Infinity Bonus rate
- Ambassador 8 Stars earn an 8% Infinity Bonus rate
- Ambassador 9 Stars earn a 9% Infinity Bonus rate
- Ambassador 10 Stars earn a 10% Infinity Bonus rate
- Ambassador 11 Stars earn an 11% Infinity Bonus rate
- Ambassador 12 Stars earn a 12% Infinity Bonus rate
- Crown Ambassadors earn a 13% Infinity Bonus rate
- Crown Ambassador Gold earn a 14% Infinity Bonus rate
- Crown Ambassador Diamonds earn a 15% Infinity Bonus rate
- Master of Ambassadors earn a 16% Infinity Bonus rate
WeWe Global withholds 30% of the Infinity Bonus for mandatory reinvestment.
Rewards Bonus
WeWe Global’s Rewards Bonus is a rank achievement bonus with additional volume qualifiers.
- qualify as a Beginner with $37,500 in new investment and $37,500 in reinvestment and receive $500
- qualify as a Senior with $67,500 in new investment and $67,500 in reinvestment and receive an iPhone
- qualify as a Director 2 Star with $300,000 in new investment and $300,000 in reinvestment and receive a MacBook Pro
- qualify as a Director 3 Star with $600,000 in new investment and $600,000 in reinvestment and receive “travel”
- qualify as a Director 5 Star with $1,312,500 in new investment and $1,312,500 in reinvestment and receive a Rolex Submariner
- qualify as an Ambassador 6 Star with $2,225,000 in new investment and $2,225,000 in reinvestment and receive a Rolex Daytona
- qualify as an Ambassador 7 Star with $4,500,000 in new investment and $4,500,000 in reinvestment and receive a Mercedes-Benz CLA
- qualify at Ambassador 8 Star with $11,250,000 in new investment and $11,250,000 in reinvestment and receive a Mercedes-Benz AMG
- qualify at Ambassador 9 Star with $15,000,000 in new investment and $15,000,000 in reinvestment and receive a Lamborghini
Note that downline volume qualifiers are tracked and reset quarterly.
Best Performer Bonus
WeWe Global rewards the affiliate who generates the highest personally recruited affiliate investment volume each month.
The affiliate who generates the most personally recruited affiliate investment volume for the month receives $10,000.
Note that no more than $7,500 investment volume can be counted from any one recruited affiliate.
Daily Returns Commission
WeWe Global affiliates earn a matching bonus on daily returns paid to their downline.
The Daily Returns Commission is paid out using the same unilevel team used to pay residual commissions (see above).
- Beginners earn a 15% daily ROI match on level 1 (personally recruited affiliates)
- Juniors earn a 15% daily ROI match on level 1 and 10% on level 2
- Seniors earn a 15% daily ROI match on level 1, 10% on level 2 and 5% on level 3
- Junior Directors earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3 and 2% on level 4
- Director 1 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3 and 2% on levels 4 and 5
- Director 2 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3 and 2% on levels 4 to 6
- Director 3 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on level 7
- Director 4 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 and 8
- Director 5 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 9
- Ambassador 6 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 10
- Ambassador 7 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 11
- Ambassador 8 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 12
- Ambassador 9 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 13
- Ambassador 10 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 14
- Ambassador 11 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 15
- Ambassador 12 Stars earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 16
- Crown Ambassadors earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 17
- Crown Ambassador Golds earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 18
- Crown Ambassador Diamonds earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 19
- Master of Ambassadors earn a 15% daily ROI match on level 1, 10% on level 2, 5% on level 3, 2% on levels 4 to 6 and 1% on levels 7 to 20
Joining WeWe Global
WeWe Global affiliate membership is $10 plus an initial $100 to $7500 investment in WEWEX tokens.
The more a WeWe Global affiliate invests the higher their income potential.
WeWe Global also charges a €1 EUR a month maintenance fee (WeWe Global’s compensation plan is in USD, their website is in EUR).
WeWe Global Conclusion
As I understand WeWe Global launched with WEWE token (I see you in the back there, stop snickering).
As a result of traffic to WeWe Global’s website going into decline, which corresponds to a decline in recruitment…
…WeWe Global announced WEWEX token.
Whereas WEWE token had a manipulated fluctuating internal value, WeWe Global represents WEWEX is pegged to the euro.
That will work until invested funds run dry.
Other than that WeWe Global is your typical Ponzi points scheme. You sign up, invest in a shit token, “stake” your shit token for more shit tokens and ultimately hope to cash out more than you initially invested.
There’s only one source of revenue entering WeWe Global; newly invested funds. Thus any withdrawals through the company’s “Billboard” internal exchange are paid out of subsequent investment.
To sell your WEWE, you can do it by peer-to-peer trading by opening an order on the Billboard page of your WEWE Global account.
WEWE Global provides the Billboard which is not an ordinary exchange but a system to connect those who want to give away their virtual tokens and those who need them to complete their purchase.
This makes WeWe Global a Ponzi scheme.
Attached to that you have some bullshit apps and a discount travel portal nobody cares about.
I don’t even know if it’s functioning because WeWe Global don’t provide much details on their website.
What are the travel vouchers?
Travel4You LTD is a provider for booking hotel stays and other travel experiences, which has been working for almost 20 years.
Travel4You selects the most advantageous price available, lower than the main booking travels websites.
In the terms and conditions of their website www.travel4you.io, you can find their licenses and authorizations to carry out online travel activities.
Travel4You’s website domain oddly enough wasn’t registered twenty years ago.
It was initially registered in 2019 and last updated in September 2020. Naturally it’s a private registration so who knows who owns it (probably the same scammers running WeWe Global).
Travel4U’s website terms and conditions appear to be stolen from Arrivia, a travel discount company operating in the US:
On the corporate side of things the only thing that comes up is a shell company in the UK. This is a red flag in and of itself.
Obviously WeWe Global’s travel scheme is marketing fodder. It’s not designed to be taken seriously.
The Ponzi scheme is what attracts potential affiliates to WeWe Global.
Having had one token flop, WEWEX will chug along till invested funds are depleted such that it’s time to pull the plug.
There are any number of exit-scams WeWe Global’s admins can take. We’ll have to wait and see which is selected.
What we do know is math guarantees the majority of participants in Ponzi schemes will lose money.
Update 3rd July 2022 – WeWe Global has expanded its Ponzi scheme through LyoFI and LYO tokens.
This has tied in LyoPay, which is headed up by CEO Luiz Goes.
Pending any additional updates, all signs point to Luiz Goes running WeWe Global and LyoFi out of Dubai.
Update 9th January 2023 – WeWe Global’s LYO token Ponzi scheme has collapsed.
This has prompted WeWe Global to launch a new LFI token Ponzi scheme.
Update 18th August 2023 – WeWe Global has collapsed for a third time.
The owner of Travel4U Ltd, is someone called Ioan Ciprian Iftimoaia (opencorporates.com/companies/gb/12859835).
There seems to be a famous criminal Ciprian Iftimoaia in Romania with a mafia name “Taragot” who likes to beat women, like his own sister:
(machine tralated from: bzi.ro/panica-in-iasi-temutul-interlop-taragot-filmat-in-timp-ce-lovea-cu-bestialitate-femei-si-barbati-foto-video-495125)
The photos of the Taragot seem to match with to the facebook profile of Ioan Ciprian Iftimoaia (facebook.com/ioanciprian.iftimoaia.1)
ip analysis of the wewe domain indicates that the same group is also running “smartstake.org” and “licworld.live”(<– don't recommend visting due to security reasons).
Taragot has an IT firm in Germany called International Soft UG (opencorporates.com/companies/de/F1103R_HRB168615).
It’s a good guess that’s it’s he uses to make these MLM-Ponzi fraud platform. Although Taragot seems to be a too troglodyte to be mastemind of anything, so it’s likely that he is just a patsy for some Romanian criminal group.
Looks like he is in the foorsteps of OneCoin’s Ventsislav Gerov aka Ventsi the Fox in that legendary robbers who are getting involved into MLM Ponzi schemes. 😉
Sounds like a swell guy. No wonder Travel4U looks dodgy as hell.
Jose Gordo, former OneCoin scammer, now recommends wewe.global. Details here:
https://behindmlm.com/companies/onecoin/two-more-arrests-in-argentinian-onecoin-crim-case/#comment-453529
Business presentation wewe.global English:
dropbox.com/s/9etufwuf6m2aqcj/ENG_WEWE_GLOBAL_2.pdf?dl=0
The management team with Luiz Góez as CEO:
share-your-photo.com/b643792b80
Gordo has an outstanding Argentinian indictment against him. He must be on some kind of international list
HyperVerse leaders are pitching this to their teams now.
Yeah I’ve seen the claim Kalpesh Patel has jumped ship.
Need source confirmation but I’ll address it in the HyperNation article later today.
Jose Gordo two days ago on Instagram:
share-your-photo.com/29ebb6853d
instagram.com/p/Cd-uyWXIjwO/
Invitation to a WeweGlobal webinar on April 16, 2022 with Diego Endrizzi (Global Master) and Jose Gordo (Ambassador 9 Star):
share-your-photo.com/c2a2f03b87
instagram.com/josegordo.eu/
In September 2021, Jose Gordo promoted Xifra:
share-your-photo.com/14adcc1a40
With every scam he recommends, he claims participants can become millionaires.
Please can we crowdfund a trip for Gordo to the US or Argentina or any other place we know or suspect he faces an indictment?
Has serial scammer Jose Gordo been scammed himself? Screenshot from Twitter:
share-your-photo.com/5b15391fe8
twitter.com/byjosegordo
Jose Antonio Gordo Valero also owns a company in Malaga (Spain) since March 2020.
ORQUIDEA EVENTOS SL (Orchid Events SL). Jose Gordo is sole administrator.
share-your-photo.com/d543763287
infoempresa.com/en-in/es/director/gordo-valero-jose-antonio
PS: The Sociedad de responsabilidad limitada (S.L.) is a Spanish corporation and roughly corresponds to the GmbH under German law.
On 1st November 2016 Jose Antonio Gordo Valero, born November 1975, incorporated UNITED COMMAND LIMITED with the spectacular amount of £1 in equity. On April 10, 2018 this company was dissolved.
share-your-photo.com/95643f573c
find-and-update.company-information.service.gov.uk/company/10456393/officers
Serial scammer Graham Laurie aka Cashmaster is now promoting.
No surprise, as he was last seen with one of his best friends, Kalpesh Patel in Dubai.
I saw the video Laurie filmed with Patel recently, where he was making excuses for Hyperverse’s withdrawal problems. Suffice to say, that video was promptly deleted after Patel exit-scammed his victims.
Now, Laurie is promoting Lyopay, which is a partner company of WeWe Global. Perhaps an updated review on Lyopay would be a good idea?
Thanks for the heads up. I’ve added Lyopay to the review list.
Just to clarify, it is the Lyofi cloud minting service that Laurie is promoting at lyofi dot com. This has the MLM element to it that WeWe global is managing.
Oz. Kalpesh is getting all of his African leaders in to WEWE now.
Im guessing he didn’t like GS Partners that much. May be WEWE Pee’ple gave him a better deal.
As I understand it the Hyper* Ponzi scammers split between Wewe and GSPartners.
If Kalpesh has already ditched GSPartners for Wewe, he’s just joining the rest of the Hyper* scammers.
IRELAND.
Take care friends as well known SCAMMERS Mick Mulcahy ( works in local radio ) and his Business Partner Ger Geary (taxi driver).
are now promoting We We Global. Two Nasty Men who will recruit anyone. They appear to have left Hyper where the rumor is they made a lot by scamming neighbors friends strangers alike.
Daniel Booth and Sharon James are holding multiple “zoomathon” meetings throughout today pitching the WeWe scam.
Hi People, This is Karan Khanna from India and I have been a member of wewe community from last 1 year.
Sometimes I feel trapped in this system because it lures you into buying more packages but I believe there is no such thing as easy money.
Then I began searching about how things work and what is the history behind all this and I came across this website and few others mentioning “One Coin Scam”.
I’m really worried now and would really like some enlightenment. Also this link “crunchbase.com/organization/wewe-global” shows that it was founded in 2016 but they started working in 2020.
After going through all the above comments I’m in no condition to say anything more about this. Someone please guide me what to do next.
You invested into a Ponzi scheme and your money is gone.
The best you can hope for is withdrawing what you invested before WeWe Global collapses. Actual withdrawals, not worthless WEWEX shitcoin or any other tokens they’re issuing.
If you withdraw more than you invested or already have, you’re a Ponzi scammer. That’s about as clear as I can make it.
I was introduced to WeWeGlobal lately. It all sounded very nice. Due to some bad experience in the past I started digging and came across your page.
Thank you guys. I suggest everybody stays away from this. When you really need your money back, I am quite sure they will freeze accounts.