Automated Passive Earnings, or API for brief, fails to offer possession or govt data on its web site.
API’s web site area (“apibusiness.on-line”), was privately registered on January twenty second, 2023.
Of be aware is API’s web site that includes an “imprint” part. That is obligatory for German-speaking international locations.
This ties to API providing its web site in English and German. API’s official FaceBook web page can also be managed from Switzerland:
Curiously, clicking via API’s web site “imprint” hyperlink takes us to the area “sparissimo.com”.
Bardhyl Salijaj (proper) is listed because the “licensed consultant” of Sparissimo’s web site. Seeing as API’s web site hyperlinks right here, presumably Salijaj represents it too.
Launched in late 2022, Sparissimo seems to be a failed ecommerce web site. As of October 2024, Sparissimo’s web site site visitors was too low for SimilarWeb to trace.
Matching API’s FaceBook web page, on LinkedIn Bardhyl Salijaj represents he’s based mostly out of Switzerland.
API may also have ties to Dubai;
As a result of proliferation of scams and failure to implement securities fraud regulation, BehindMLM ranks Dubai because the MLM crime capital of the world.
BehindMLM’s tips for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re making an attempt to rip-off you.
- If an MLM firm relies out of or represents it has ties to Dubai, it’s a rip-off.
If you wish to know particularly how this is applicable to Automated Passive Earnings, learn on for a full overview.
Automated Passive Earnings’s Merchandise
Automated Passive Earnings has no retailable services or products.
Associates are solely in a position to market Automated Passive Earnings affiliate membership itself.
Automated Passive Earnings’s Compensation Plan
Automated Passive Earnings associates buy $50 positions in a three-tier matrix cycler.
Automated Passive Earnings makes use of 3×3 and three×5 matrices in its cycler.
A 3×3 matrix locations an affiliate on prime of a matrix, with three positions straight beneath them:
These three positions type the primary stage of the matrix. The second stage of the matrix is generated by splitting every of those first three positions into one other three positions every (9 positions).
Stage 3 of the matrix is generated in the identical method and homes twenty-seven positions.
A 5×3 matrix locations an affiliate on the prime of a matrix with 5 positions on the primary stage:
A 5×3 matrix homes three ranges, with ranges two and three being multiples of 5 of the earlier stage (as above).
Positions in every matrix tier are crammed through direct and oblique recruitment.
Commissions are paid as positions are crammed. And as soon as all positions are crammed, the place cycles into the following tier of the matrix.
Funds throughout all three tiers of Automated Passive Earnings’s cycler are as follows:
- Bronze ($50 entry, 3×3 matrix) – $7.50 per place crammed on the primary stage, $5 on the second stage and $2.50 on the third stage
- Silver ($100 entry, 5×3 matrix) – $15 per place crammed on the primary stage, $10 on the second stage, $5 on the third stage, $200 bonus on matrix completion and generates 4 new Bronze tier positions
- Gold ($200 entry, 5×3 matrix) – $30 per place crammed on the primary stage, $20 on the second stage and $10 on the third stage
Direct Recruitment Fee
Automated Passive Earnings associates earn $8 per affiliate recruited.
Passive Earnings
Automated Passive Earnings guarantees associates passive revenue, purportedly generated through “on-line retailers”.
- the primary passive revenue place is awarded on completion of the Bronze tier matrix
- the second passive revenue place is awarded on recruitment of fifty associates
- the third and fourth passive revenue positions are awarded on completion of the Silver tier matrix
- the fifth and sixth passive revenue positions are awarded on completion of the Gold tier matrix
Passive revenue related to these positions is represented to be 1% of gross sales generated by shops featured on Sparissimo platform.
Regardless of the apparent variables concerned, Automated Passive Earnings claims this quantities to $180 to $300 a month in passive revenue.
Passive Earnings Matching Bonus
Automated Passive Earnings pays a Matching Bonus on passive revenue positions awarded down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 0.5% match
- ranges 2 and three – 0.25% match
Becoming a member of Automated Passive Earnings
Automated Passive Earnings affiliate membership is tied to the acquisition of at the very least one $50 cycler place.
Automated Passive Earnings Conclusion
Automated Passive Earnings associates pay a $50 charge. Commissions are paid when recruited associates do the identical.
It is a easy pyramid scheme.
On prime of Automated Passive Earnings’s pyramid scheme is a questionable passive returns scheme.
The $180 to $300 a month Automated Passive Earnings guarantees is purportedly derived from gross sales attributed to companies on the Sparissimo platform.
My drawback with that is two-fold.
First now we have a securities providing whereby $180 to $300 is conditionally supplied off a $50 preliminary funding.
Automated Passive Earnings fails to offer proof it has registered with monetary regulators in any jurisdiction.
Secondly, the qualification situation has nothing to do with purported companies producing income however moderately recruitment of affiliate buyers.
This lends itself to Automated Passive Earnings working a Ponzi scheme (both partly or wholly).
Taking the regulatory facet of issues out of the equation, if $50 run via Automated Passive Earnings and Sparissimo turns into $180 to $300 a month on a constant foundation, why does Automated Passive Earnings exist?
The elephant within the room is Sparissimo is verifiably useless. No person is utilizing it.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will commissions.
This can see matrices inside Automated Passive Earnings stall, ultimately resulting in a collapse.
Math ensures that once they collapse, the vast majority of members in MLM pyramid schemes lose cash.