Vitru International operates within the cryptocurrency MLM area of interest. The corporate doesn’t present a company handle on its web site.
Vitru International’s web site area (“vitruglobal.com”), was privately registered on March twenty seventh, 2023.
Vitru International represents it’s headed by co-founder Ravinder Singh and CEO Frank Tornatore.
No verifiable details about both govt is supplied.
Vitru International internet online affiliate marketing suggests Singh is from India and Germany, and Tornatore is from Spain.
I wasn’t capable of independently confirm this data, which is a crimson flag.
My first although was that Singh and Tornatore could be Boris CEOs. I used to be nevertheless capable of confirm they’re being represented by actual folks:
The above is from an April 2022 Vitru International Zoom webinar. It seems to be the one Vitru International footage that includes the pair obtainable.
On FaceBook Tornatore pitches himself as “Authorized counsel specialise in inheritance Advertising (and) Specialist on-line and Blockchain”.
Pictures over the previous couple of years counsel Tornatore has, on the very least, attended numerous blockchain bro occasions.
The very first thing you see on Ravinder Singh’s FaceBook web page is a pinned submit selling the Solmax International Ponzi scheme.
Solmax International was a Ponzi scheme that primarily focused Pakistan and neighboring international locations.
Solmax International collapsed in October 2021. A reboot was introduced however by no means went wherever.
Singh was nonetheless selling crypto Ponzis proper up till Vitru International was arrange in late March 2023.
Finex Prime seems to have collapsed simply earlier than Vitru International launched.
Learn on for a full evaluate of Vitru International’s MLM alternative.
Vitru International’s Merchandise
Vitru International has no retailable services or products.
Associates are solely capable of market Vitru International affiliate membership itself.
Vitru International affiliate membership gives entry to “Vitru Academy buying and selling programs”:
Vitru International’s Compensation Plan
Vitru International associates make investments USD equivalents in cryptocurrency.
That is executed on the promise of marketed day by day weekday returns:
- Starter – make investments $50 to $2500 and obtain 0.5% to 1% a day, capped at 400%
- Advance – make investments $2501 to $10,000 and obtain 0.6% to 1.5% a day, capped at 450%
- Enterprise – make investments $10,001 to $25,000 and obtain 0.8% to 1.75% a day, capped at 500%
- Premium – make investments $25,001 to $50,000 and obtain 0.9% to 2% a day, capped at 550%
The MLM aspect of Vitru International pays on recruitment of affiliate buyers.
Vitru International Affiliate Ranks
There are eight affiliate ranks inside Vitru International’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Jade – generate $1500 in downline funding
- Sapphire – generate $4000 in downline funding
- Ruby – generate $10,000 in downline funding
- Emerald – generate $25,000 in downline funding
- Diamond – generate $50,000 in downline funding
- Blue Diamond – generate $100,000 in downline funding
- Black Diamond – generate $200,000 in downline funding
- Crown Diamond – generate $400,000 in downline funding
Referral Commissions
Vitru International pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned instantly beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Vitru International caps payable unilevel crew ranges at ten.
Referral commissions are paid as a share of cryptocurrency invested throughout these ten ranges primarily based on how a lot a Vitru International affiliate has invested:
- Starter – 8% on stage 1 (personally recruited associates), 5% on stage 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
- Advance – 9% on stage 1, 6% on stage 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
- Enterprise – 10% on stage 1, 7% on stage 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
- Premium – 12% on stage 1, 9% on stage 2, 2% on ranges 3 and 4, 1% on ranges 5 to eight and 0.5% on ranges 9 and 10
Be aware that unlocking residual commissions on ranges 5 and on seems to be tied to recruitment.
E.g. recruit 5 associates to unlock stage 5 of the unilevel crew. Recruit six associates to unlock stage 6 and many others.
Advance Bonus
If a Vitru International affiliate recruits 5 associates who make investments the identical or extra as they invested inside 5 days of signing up, they obtain a 15% bonus on the quantity they invested.
Matured Bonus
If a Vitru International affiliate recruits ten associates who make investments the identical or extra as they invested inside 10 days of signing up, they obtain a 25% bonus on the quantity they invested
Tremendous Bonus
If a Vitru International affiliate recruits fifteen associates who make investments the identical or extra as they invested inside 15 days of signing up, they obtain a 50% bonus on the quantity they invested
Rank Achievement Bonus
Vitru International rewards associates who qualify at Jade and better with the next one-time Rank Achievement Bonuses:
- qualify at Jade and obtain a “$350 cellular”
- qualify at Sapphire and obtain a “$750 laptop computer”
- qualify at Ruby and obtain a “$2000 watch”
- qualify at Emerald and obtain a “$7000 automobile”
- qualify at Diamond and obtain a “$12,000 automobile”
- qualify at Blue Diamond and obtain a “$20,000 automobile”
- qualify at Black Diamond and obtain a “$30,000 automobile”
- qualify at Crown Diamond and obtain a “$75,000 automobile”
Founders Membership
Vitru International rewards the primary ten folks from every nation who make investments $25,000 or extra with a share in 2% of month-to-month company-wide funding.
Becoming a member of Vitru International
Vitru International affiliate membership is free.
Full participation within the hooked up earnings alternative requires an preliminary $50 to $50,000 funding.
Vitru International solicits funding in numerous cryptocurrencies.
Vitru International Conclusion
Vitru International represents it already has substantial property and generates exterior income by way of buying and selling.
Vitru International are [sic] worldwide holdings firm that owns a number of companies, particularly in Monetary Markets, expertise & Actual Property.
It owns enterprise facilities throughout the globe, particularly within the Center East.
We’re a crew of extremely certified monetary analysts, asset managers, shares and crypto merchants, reuiniting our abilities to conceptualize and develop modern and worthwhile options for 100% risk-free buying and selling.
The truth is Vitru International is run by a pair of middle-aged crypto bros, one in every of whom has a verifiable historical past of serial promotion of Ponzi schemes.
On that notice, neither Frank Tornatore or Ravinder Singh strike me as having arrange Vitru International. I may very well be unsuitable however I think they’re working with undisclosed accomplices.
On the regulatory entrance, Vitru International pitches passive returns…
…which constitutes a securities providing.
Vitru International gives no proof it has registered its securities providing with monetary regulators.
This consists of Nigeria and South Africa, which seem like focused primarily based on Vitru International’s latest promos:
Vitru International not registering its securities providing equates to securities fraud. It additionally means Vitru International’s exterior income claims can’t be verified (no matter whether or not they make sense or not).
Because it stands, the one verifiable income getting into Vitru International is new funding.
Utilizing new funding to pay buyers a day by day return makes Vitru International a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Vitru International of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.