Scorpio fails to offer verifiable possession or govt info on its web site.
Supposedly Scorpio is headed up by CEO Willard Chapman.
Chapman doesn’t exist exterior of Scorpio’s advertising. I believe, together with Scorpio’s different executives, that these are AI generated profile photographs.
In the event you look carefully at Chapman’s physique, you’ll see his arm is wonky inside his swimsuit and he’s crossed his arms on the pectoral degree. Chapman’s left hand can also be lacking.
All three Scorpio executives are additionally posed in precisely the identical method at precisely the identical angle with bizarre non-uniform lighting. Collectively these observations are indicative of AI-generated pictures.
Scorpio’s web site area (“scorpiovc.com”), was registered on October tenth, 2023. The personal registration was final up to date on July 2nd, 2024.
By means of the Wayback Machine, the earliest model of Scorpio’s present web site was tracked in mid January 2024. Scorpio’s official FaceBook group was created in November 2023.
Regardless of being 9 months outdated on the newest, on its web site Scorpio falsely claims it “began its journey in 2018”.
It’s additionally price noting Scorpio’s FaceBook web page is adminned by “Isabel Snyder”. The Snyder account has is populated with what seems to be stolen photographs and in any other case has no content material.
As of June 2024, SimilarWeb tracks high sources of visitors to Scorpio’s web site as Hungary (68%), Germany (19%) and Switzerland (6%).
Versus web site representations Scorpio relies out of the US and Hong Kong, whoever is definitely working it probably has ties to Europe.
As at all times, if an MLM firm just isn’t overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Scorpio’s Merchandise
Scorpio has no retailable services or products.
Associates are solely capable of market Scorpio affiliate membership itself.
Scorpio’s Compensation Plan
Scorpio associates make investments tether (USDT). That is performed on the promise of passive returns:
- make investments 100 USDT or extra for 2 months and obtain 2.03% to 2.26% a day
- make investments 100 USDT or extra for 3 months and obtain 1.54% to 1.77% a day
- make investments 500 USDT or extra for 2 months and obtain 2.06% to 2.26% a day
- make investments 500 USDT or extra for 3 months and obtain 1.57% to 1.79% a day
- make investments 10,000 USDT or extra for 2 months and obtain 1.74% to 1.93% a day
- make investments 10,000 USDT or extra for six months and obtain 1.41% to 1.7% a day
The MLM aspect of Scorpio pays on recruitment of affiliate buyers.
Referral Commissions
Scorpio pays referral commissions on invested USDT by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, 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 workforce.
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.
Scorpio caps payable unilevel workforce ranges at 5.
Referral commissions are paid as a share of USDT invested throughout these 5 ranges as follows:
- degree 1 (personally recruited associates) – 7%
- degree 2 – 4%
- degree 3 – 3%
- degree 4 – 2%
- degree 5 – 1%
Downline Funding Bonus
Scorpio rewards associates for reaching downline funding milestones:
- generate 1000 USDT in downline funding and obtain 50 USDT
- generate 5000 USDT in downline funding and obtain 100 USDT
- generate 10,000 USDT in downline funding and obtain 200 USDT
- generate 20,000 USDT in downline funding and obtain 500 USDT
- generate 50,000 USDT in downline funding and obtain 1000 USDT
- generate 100,000 USDT in downline funding and obtain 2500 USDT
Observe that Scorpio solely counts downline funding throughout 5 ranges of the unilevel workforce:
- degree 1 (personally recruited associates) – 100% of invested USDT counted
- degree 2 – 70% of invested USDT counted
- degree 3 – 50% of invested USDT counted
- degree 4 – 30% of invested USDT counted
- degree 5 – 20% of invested USDT counted
Becoming a member of Scorpio
Scorpio affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal 100 USDT funding.
Scorpio Conclusion
Scorpio represents it generates exterior income by way of shares, blockchain and enterprise capital funding.
Scorpio fails to offer proof it generates exterior income of any form. Moreover, Scorpio’s enterprise mannequin fails the Ponzi logic take a look at.
If Scorpio is already capable of generate as much as 2.26% a day, what do they want your cash for? And why is Scorpio offering you entry to astronomical returns for free of charge?
Because it stands the one verifiable income getting into Scorpio is new funding.
Utilizing new funding to pay withdrawals would make Scorpio a Ponzi scheme. Moreover, with nothing marketed or bought to retail prospects, the MLM aspect of Scorpio capabilities as a pyramid scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Scorpio of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.