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.
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
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.
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.
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.
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.