ABC Holdings fails to offer possession or govt info on its web site.
ABC Holdings has two identified web site domains:
- abcholdings.io – privately registered on September twenty eighth, 2023
- abcmining.me – privately registered on October twenty seventh, 2023
- abcai.me – privately registered on October twenty ninth, 2023
On each of ABC Holdings’ web sites there are references to “Arkbit Capital Holdings”.
Arkbit Capital was an MLM crypto Ponzi that launched in late 2022.
Heading up Arkbit Capital was Boris CEO “Thomas Brewer”.
Brewer was performed by US actor Mike Wolfe. Aside from the identical picture showing on ABC Holdings’ web site (“abcmining.me”), Wolfe doesn’t function in ABC Holdings’ advertising.
It seems Wolfe stopped taking part in Brewer previous to BehindMLM’s January 2023 Arkbit Capital evaluation.
On December third, 2022, Arkbit Capital uploaded a YouTube video revealing new CEO “Delmar Estabrook”.
I don’t have a reputation however the man taking part in Estabrook has a North American accent. Like Wolfe, he’s possible an actor picked up from someplace.
As of November 2023, the actor taking part in Estabrook nonetheless featured in ABC Holdings’ advertising:
Within the video above, Estabrook notes Arkbit Capital’s rebranding to ABC Holdings. This adopted a June 2023 securities fraud stop and desist order from the Arkansas Securities Division.
BehindMLM famous Arkbit Capital’s collapse on November twenty fourth, 2023. ABC Holdings is an efficient reboot.
Whereas we will’t say for positive who’s behind ABC Holdings, Boris CEO MLM Ponzi schemes are sometimes the work of jap European scammers (Russia and/or Ukraine).
As all the time, if an MLM firm just isn’t brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
ABC Holdings’ Merchandise
ABC Holdings has no retailable services or products.
Associates are solely capable of market ABC Holdings affiliate membership itself.
ABC Holdings’ Compensation Plan
ABC Holdings associates make investments USD equivalents in cryptocurrency.
That is completed on the promise of a passive return:
- Novice – make investments $50 to $4999 and obtain 1.6% a day
- Plus – make investments $5000 to $9999 and obtain 1.9% a day
- Proficient – make investments $10,000 to $24,999 and obtain 2.2% a day
- Supreme – make investments $25,000 to $49,999 and obtain 2.5% a day
The MLM facet of ABC Holdings pays on recruitment of recent buyers.
Referral Commissions
ABC Holdings pays a 6% fee on cryptocurrency invested by personally recruited associates.
Residual Commissions
ABC Holdings pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary staff, break up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are stuffed through direct and oblique recruitment of associates. Be aware there is no such thing as a restrict to how deep a binary staff can develop.
On the finish of every day ABC Holdings tallies up new funding quantity on each side of the binary staff.
Associates are paid 10% of recent funding quantity on their weaker binary staff facet.
As soon as paid out, quantity is matched towards the stronger binary staff facet and flushed. Any leftover quantity on the stronger binary staff facet carries over.
Becoming a member of ABC Holdings
ABC Holdings affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $50 funding.
ABC Holdings Conclusion
Arkbit Capital’s Ponzi ruse was cryptocurrency mining operations in Arkansas. In issuing their order, ASD confirmed this was baloney.
ABC Holdings’ Ponzi ruse is supplying fictional power to Arkbit Capital’s fictional mining operations.
This purportedly takes place by means of “ARK Energies”, with knowledge middle and AI ruses additionally cited:
Regardless of ASD confirming Arkbit Capital had no operations in Arkansas, ABC Holdings maintains the facade.
With no verifiable enterprise operations producing exterior income, it’s apparent all Arkbit Capital and now ABC Holdings does is recycle newly invested funds to repay current buyers.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve ABC Holdings of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.