Xion Cash Review: Omega Group scammers return
Xion Cash provides no information on its website about who owns or runs the business.
A few months ago the Omega Group Ponzi scheme collapsed. This prompted CEO Bartosz Nafalski to claim he was a victim.
How much money Nafalski cheated Omega Group’s near 100,000 investors has never been disclosed.
Evidently it wasn’t enough though, prompting Nafalski to return with Xion Cash:
Perhaps appointing himself CEO again would be too obvious, so Nafalski is Xion Cash’s “chief consultant”.
He’s joined by Alexander Saveliev, which goes a long way to explain the use of Russian in Xion Cash’s marketing material.
At the time of publication Alexa ranks Ukraine as the only notable source of traffic to Xion Cash’s website (57%).
Xion Cash’s official Facebook page is also primarily managed from Ukraine.
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.
Xion Cash’s Products
Xion Cash has no retailable products or services, with affiliates only able to market Xion Cash affiliate membership itself.
Xion Cash’s Compensation Plan
Xion Cash affiliates invest $500 to $16,000 on the promise of an advertised 0.66% daily return.
Upon receiving invested funds, Xion Cash converts them to Noix points ($1 = 1 Noix).
Returns are paid in Noix points for 365 days.
Note that in order to qualify for daily returns Xion Cash has affiliates perform pointless tasks.
No specifics are provided but from examples I’ve seen investors are required to visit external websites or click their mouse a few times on Xion Cash’s website.
Referral Commissions
Xion Cash affiliates receive a percentage of funds invested by personally recruited affiliates.
- invest $500 and receive a 6% referral commission rate
- invest $1000 and receive a 7% referral commission rate
- invest $2000 and receive an 8% referral commission rate
- invest $4000 and receive a 9% referral commission rate
- invest $8000 and receive a 10% referral commission rate
- invest $16,000 and receive an 11% referral commission rate
Residual Commissions
Xion Cash pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
- invest $500 and receive a 6% residual commission rate
- invest $1000 and receive a 7% residual commission rate
- invest $2000 and receive an 8% residual commission rate
- invest $4000 and receive a 9% residual commission rate
- invest $8000 and receive a 10% residual commission rate
- invest $16,000 and receive an 11% residual commission rate
How often Xion Cash calculate binary commissions is not disclosed.
Typically MLM companies calculate residual commissions, daily, weekly or monthly.
Matrix Commissions
Xion Cash affiliates receive a position in an undisclosed matrix. Further details are not provided.
Seeing as membership fees and investment are Xion Cash’s only source of revenue, it is assumed matrix commissions are tied to investor recruitment.
Rank Bonuses
Xion Cash rewards affiliates who convince others to invest with the following rewards:
- Manager – invest $1000, convince others to invest $10,000 and receive a pen
- Senior Manager – invest $2000, convince others to invest $25,000, have two Managers in your downline (in separate recruitment legs) and receive a pin
- Sales Manager – invest $4000, convince others to invest $50,000, have two Senior Managers in your downline (in separate recruitment legs) and receive an iPhone 11
- Team Manager – invest $8000, convince others to invest $200,000, have two Sales Managers in your downline (in separate recruitment legs) and receive a MacBook
- Director – invest $16,000, convince others to invest $500,000, have two Team Managers in your downline (in separate recruitment legs) and receive a “golden watch”
- Senior Director – invest $32,000, convince others to invest $2,000,000, maintain two Team Managers in your downline (in separate recruitment legs) and receive an Audi Q8 or a Mercedes GLE
- Country Director – invest $70,000, convince others to invest $5,000,000, have two Senior Directors in your downline (in separate recruitment legs) and receive a Ferrari
- Board Director – invest $250,000, convince others to invest $20,000,000, have two Country Directors in your downline (in separate recruitment legs) and receive a “penthouse”
Joining Xion Cash
Xion Cash affiliate membership is $20.
Full participation in the attached income opportunity requires an additional $500 to $16,000 investment.
Conclusion
Xion Cash is a simple reboot of the Omega Group Ponzi scheme. Instead of “bitbonds” this time around its “niox”.
The more astute of you probably noticed that “niox” is just “xion” reversed.
Niox are Ponzi points and hold no value outside of Xion Cash itself.
Affiliates invest, Xion Cash converts investment into Niox points and provided monopoly money returns.
Cashing out takes place through an internal exchange, with Xion Cash honoring withdrawal requests with subsequently invested funds.
Everything else in Xion Cash’s compensation plan is tied to recruitment, adding an additional pyramid layer to the scheme.
As with Omega Group, when withdrawals exceed new investment the scheme collapses.
Cue Bartosz Nafalski putting up another YouTube video, claiming he was duped by yet another group of people he was comfortable working with.
I’d wager Nafalski made a handsome sum out of Omega Group, and as the head of Xion Cash he’s looking to do it again.
Unfortunately that money has to come from investors.
As with all MLM Ponzi schemes, recruitment dying down means reduced new investment.
This will eventually starve Xion Cash of ROI revenue, leaving them unable to pay withdrawal requests.
At that point Xion Cash disappears, just like Omega Group did.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Come on Oz. We all know that this time it will be different. They have learned from their past mistakes and this time they know how to do it right.
Besides, they were victims just like their members were and were taken advantage of by unscrupulous people. It wasn’t their fault, but this time they are only doing business with people they know and trust.
Did I get all the typical cliche excuses in?
I’m afraid not, Lynn. You forgot to mention the hackers who made off with all the money from Omega Group.
You also forgot to tell us how you personally met the founders, and what noble and wonderful guys they are who rescued a dozen kittens from a burning building, once.
No scam apology is complete without personal attacks. You must not forget to tell Oz he’s an idiot who only has opinions to offer against your #FACTS, or how he’s a jealous “looser” who will never get anywhere in life because of his negative attitude.
Finally, be sure to accuse Oz of being a mouthpiece for a competing MLM, because everyone has a hidden agenda, you know.
You’re welcome.
I failed to mention that my list was only for the initial push for people to join. Once they join and things start going south is when you are right Amos_Nndy those excuses will begin in earnest.
Right now they are hoping their BS will fool enough people to join the new Ponzi. Sadly there are people who will buy into this BS and join. The only question that remains is how many and how many new people can they sucker into joining.
Oh and when the excuses start for things not going well, there will then be a third stage of excuses.
They will consist of: data breach, website under DDS attack, fraud by members so they have to do an audit before any more payments can be made, someone hacked the database and was able to steal money from the company, members abused the system and need to be weeded out before payments can continue, and the list goes on and on and on.
Yes Mr. Bartosz Nafalski is a big scammer!
In my opinion is this his new business 100% SCAM just like OMEGA! Be warned and do not join this business!
Check please YouTube video: Bartosz Nafalski the lying game. There is everything!
What else is there? Omega Group collapsed and now Nafalski is back with Xion Cash to steal even more money.