Roosevelt Belongings fails to supply verifiable possession or government info on its web site.
Roosevelt Belongings’ web site area (“rooseveltassets.com”), was privately registered on Might fifteenth, 2023.
Regardless of solely present for a couple of months, on its web site Roosevelt Belongings falsely claims to have “20 years of expertise”. Bogus testimonials with photoshopped avatars are additionally offered.
In an try to look professional, Roosevelt Belongings supplies a company tackle within the UK.
The hyperlink is clickable, and sends guests to a Russian language model of Google Maps.
This strongly means that japanese Europeans are behind Roosevelt Belongings. Sometimes this implies Russians or Ukrainians.
Moreover, that is from Roosevelt Belongings’ “whitepaper”;
The corporate’s builders have created probably the most safe cryptocurrency platforms.
The platform lets you make investments any quantity in cryptocurrency funding swimming pools.
The FCA banned MLM cryptocurrency funding schemes within the UK on October eighth, 2023. Such to the extent Roosevelt Belongings has any precise ties to the UK, the corporate is working illegally.
A listing of misappropriated government identities can be offered in Roosevelt Belongings’ web site and whitepaper:
As all the time, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Roosevelt Belongings’ Merchandise
Roosevelt Belongings has no retailable services or products.
Associates are solely in a position to market Roosevelt Belongings affiliate membership itself.
Roosevelt Belongings’ Compensation Plan
Roosevelt Belongings associates make investments USD equivalents in cryptocurrency.
That is accomplished on the promise of marketed returns:
- Begin – make investments $10 to $500 and obtain 1.4% a day for 15 days
- Primarily based – make investments $500 to $2500 and obtain 1.8% a day for 30 days
- Superior – make investments $2500 to $5000 and obtain 2% a day for 35 days
- Professional – make investments $5000 to $10,000 and obtain 2.3% a day for 40 days
- Most – make investments $10,000 to $50,000 and obtain 2.7% a day for 45 days
- Excessive-Finish – make investments $50,000 to $100,000 and obtain 3% a day for 50 days
Roosevelt Belongings pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned immediately beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel crew.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Roosevelt Belongings caps payable unilevel crew ranges at ten.
Referral commissions are paid as a proportion of cryptocurrency invested throughout these ten ranges as follows:
- degree 1 (personally recruited associates) – 7%
- degree 2 – 2%
- ranges 3 to five – 1%
- ranges 6 to 10 – 0.5%
Becoming a member of Roosevelt Belongings
Roosevelt Belongings affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $10 funding.
Roosevelt Belongings solicits funding in numerous cryptocurrencies.
Roosevelt Belongings Conclusion
Roosevelt Belongings represents it generates exterior income through actual property funding.
We put money into numerous actual property funds that generate returns, permitting our buyers to attain their monetary targets.
No proof of Roosevelt Belongings paying withdrawals with exterior income is offered.
It’s because, like Roosevelt Belongings’ faux testimonials, executives and UK tackle, there isn’t any actual property funding.
Moreover, Roosevelt Belongings’ enterprise mannequin fails the Ponzi logic check.
On its web site and regardless of solely present for a couple of months, Roosevelt Belongings claims to have $1.7 billion “property beneath administration”.
At 3% a day that might be producing $51 million a day. But right here’s Roosevelt Belongings, offering any random particular person entry for simply $10.
Because it stands, the one verifiable income getting into Roosevelt Belongings is new funding. Utilizing new funding to pay affiliate withdrawals would make Roosevelt Belongings a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Roosevelt Belongings of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.