World Way Capital Review: Sergiu Valuta fronts another Ponzi scheme
World Way Capital provides no information on its website about who owns or runs the business.
Despite a cock and bull timeline presentation dating back to 2011, World Way Capital didn’t exist until October 2018.
World Way Capital provide incorporation documents for World Way Capital in Ontario, Canada.
The incorporation address is a residential address, purportedly shared by a number of other businesses.
This suggests the address itself is baloney, and that World Way Capital has no actual physical presence in Canada.
According to a provided certificate, World Way Capital LP appears to have been set up through Sergiu Valuta of Delacroix Enterprises.
Delacroix Enterprises only seems to exist in conjunction with incorporation of third-party companies.
This suggests it’s primary business is providing incorporation services to clients for a fee.
A different generic office building address in Canada is provided in the footer of the World Way Capital website.
Additional ambiguous addresses for Vietnam, Kenya, the Philippines are also provided.
A video titled “CEO of World Way Capital John Walters”, was uploaded to the official World Way Capital website on May 14th.
The amusing video is narrated by someone with a thick European accent. Footage of an actor representing Walters is combined with stock footage.
The actor representing John Walters can repeatedly be seen reading from a script (follow his eyes). His voice is also poorly dubbed over.
Obviously John Walters, as depicted in the video, doesn’t exist.
In an attempt to prevent people from pointing any of this out, World Way Capital has disabled comments for the video.
Funnily enough BehindMLM ran into a Sergui Valuta in connection with the Buy Time Ponzi scheme.
That was back in 2017 and back then it was the “Damitra Group”. Same fake CEO model.
Valuta is believed to be based out of Europe, which fits the broken English on the World Way Capital website.
At the time of publication Alexa pegs Iran (27%) and the US (15%) as top sources of traffic to World Way Capital’s website.
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.
World Way Capital Products
World Way Capital has no retailable products or services, with affiliates only able to market World Way Capital affiliate membership itself.
The World Way Capital Compensation Plan
World Way Capital affiliates invest USD and bitcoin on the promise of an advertised ROI.
USD Investment Plans
- WWC Forex – invest $20 to $499 and receive a 124% ROI after 16 weekdays
- WWC Nasdaq – invest $500 to $4999 and receive a 143% ROI after 24 weekdays
- WWC SP – invest $5000 to $24,999 and receive a 164% ROI after 32 weekdays
- WWC Xetr – invest $25,000 to $49,999 and receive a 188% ROI after 40 weekdays
- WWC DJ – invest $50,000 to $149,999 and receive a 110% ROI after 46 days
Bitcoin Investment Plans
- BTC Light – invest 0.005 to 1.4999 BTC and receive a 182% ROI after 70 days
- BTC Medium – invest 1.5 to 4.999 BTC and receive a 196% ROI after 70 days
- BTC Heavy – invest 5 to 200 BTC and receive a 210% ROI after 70 days
World Way Capital pays referral 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.
How many levels World Way Capital affiliates earn referral commissions on is determined by how much they’ve invested, as well as how much those recruited under them invest.
- sign up as a World Way Capital affiliate – 4% on level 1 (personally recruited affiliates), 3% on level 2 and 1% on level 3
- invest $1000 and convince others to invest $50,000 – 5% on level 1, 3% on level 2, 2% on level 3 and 1% on level 4
- invest $2000 and convince others to invest $200,000 – 5% on level 1, 3% on level 2, 2% on levels 3 and 4 and 1% on level 5
- invest $10,000 and convince others to invest $500,000 – 5% on level 1, 3% on levels 2 and 3, 2% on level 4 and 1% on levels 5 and 6
- invest $15,000 and convince others to invest $1,000,000 – 7% on level 1, 3% on levels 2 and 3, 2% on levels 4 and 5 and 1% on level 6
- invest $25,000 and convince others to invest $2,000,000 – 7% on level 1, 3% on levels 2 and 3 and 2% on levels 4 to 7
- invest $100,000 and convince others to invest $5,000,000 – 8% on level 1, 3% on levels 2 and 3, 2% on levels 4 to 6 and 1% on levels 7 and 8
- invest $500,000 and convince others to invest $10,000,000 – 9% on level 1, 3% on levels 2 to 4, 2% on levels 5 and 6 and 1% on levels 7 to 9
- invest $1,000,000 and convince others to invest $30,000,000 – 10% on level 1, 4% on levels 2 and 3, 3% on levels 4 and 5, 2% on levels 5 and 6 and 1% on levels 7 and 8
Joining World Way Capital
World Way Capital affiliate membership is free.
Full participation in the attached MLM opportunity however requires a $1,000,000 investment in USD and/or bitcoin.
The only thing that separates World Way Capital from your standard MLM Ponzi scheme is the Canadian shell incorporation.
It’s a superficial difference at best, seeing as in terms of investor due-diligence it means absolutely nothing.
World Way Capital is clearly offering a passive investment opportunity. This is known as a security, and requires registration with financial regulators in any jurisdiction World Way Capital operates in.
As opposed to a shell company incorporation set up through scammers, to operate legally in Canada World Way Capital would need to register with the Ontario Securities Commission.
They haven’t, and so in Ontario alone are operating are illegally.
Iran is subject to US sanctions, meaning any company doing business in the US is at risk if they do business in Iran.
World Way Capital’s primary source of investment is currently Iran. Their second largest source of investment is the US.
There is no legal way to mix funds invested by US residents with those invested by Iranians.
For a legitimate business this would result in prosecution at some point, but World Way Capital is a shell company run by persons unknown.
Secondary regulatory concerns in the US require World Way Capital to be registered with the SEC, which again it is not.
Even without the Iran sanctions issue, World Way Capital is illegally soliciting investment from US residents.
And seeing as World Way Capital fails to provide evidence of having registered itself with any financial regulator, that illegality can be expanded to any country that regulate securities (pretty much all of them).
Securities law aside, World Way Capital’s business model also fails the Ponzi logic test.
World Way Capital claims to generate ROI revenue via “investment ideas presented by our team of professionals”.
No evidence of “investment ideas” or any other external source of revenue is provided.
Furthermore, if World Way Capital was indeed capable of legally generating a consistent daily 3% ROI, why would they be sharing it with randoms over the internet?
As it stands the only verifiable source of revenue entering World Way Capital is new investment.
The use of newly invested funds to pay existing affiliates a daily ROI makes World Way Capital a Ponzi scheme.
World Way Capital’s business model seems to be to steal as much money as possible from as many gullible investors as they can.
By the time the Ontario Securities Commission catches up or links to Iran are investigated, World Way Capital will have likely collapsed.
Seems like they’re going hard after Asia and Africa, two jurisdictions recognized for having lax regulation.
Also jurisdictions with investors likely to be duped with bogus shell company incorporations and fake CEO YouTube videos.
No doubt some of them will shortly be along in the comments below to testify as to the legitimacy of World Way Capital.
Based of course on nothing more of course than them getting paid.
With a current Alexa ranking of 22,170, it seems World Way Capital has found no shortage of gullible investors to cough up.
Two, maybe three maturity cycles at best before something goes wrong and withdrawal excuses begin.
Update June 5th 2019 – The Bank of Canada has issued a press-release stating it has nothing to do with World Way Capital.
The regulator also asserts World Way Capital is operating as a fraudulent investment scam.
Update June 14th 2019 – World Way Capital collapsed on June 12th. The company has been rebooted as Extra World.