Prime College Evaluation: Unregistered buying and selling securities fraud


Prime College fails to offer possession or government particulars on its web site.

In actual fact Prime College explicitly hides details about itself, having disabled its web site area:

It goes with out saying that any MLM firm that engages on this follow is probably going doing so to cowl up fraud of some type.

To entry Prime College, promoters and potential recruits have to go to two subdomains; “hub.prime-university.com” and backoffice.prime-university.com”.

Each subdomains act as log-in gateways for Prime College associates.

For reference, Prime College’s “prime-university.com” web site area was privately registerd on Could 2nd, 2024.

As all the time, if an MLM firm will not be brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.

Prime College’s Merchandise

Prime College has no retailable services or products.

Associates are solely in a position to market Prime College affiliate membership itself.

Prime College affiliate membership offers entry to a number of in-house companies:

  • Skillz – “every day coaching classes with multimillionaire mentors”
  • Quantum Commerce (aka Quantum AI) – “absolutely automated” buying and selling scheme pitching 2% to over 12% a month in passive returns
  • Swift – buying and selling indicators service
  • Coachify – “digital teaching service”
  • Coin Elite – crypto funding information

How a lot a Prime College affiliate spends on membership determines what they achieve entry to:

  • Prime – $99 a month for entry to Skillz, Coachify, Swift, Quantum Commerce and “one high-potential crypto monthly”
  • Bronze – $199 after which $99 a month, provides “massive capitalization” and Coin Elite Bronze
  • Silver – $499 after which $99 a month, provides Coin Elite Silver
  • Gold – $999 after which $99 a month, provides “medium capitalization”, “small capitalization” and Coin Elite Gold
  • Premium – $2500 after which $99 a month, provides “crypto premium lists”, “non-public technique”, “personalized technique”, lifetime updates”, entry to a “memecoin, RWA lists and AI gaming venture”, entry to presale crypto investments and “a % of shares of the corporate”
  • Grasp – $5000 after which $99 a month, provides “shitcoin crypto record” and entry to “non-public group highway to x100”
  • Elite – $10,000 after which $99 a month, provides entry to “non-public investments” and “CEO’s Whatsapp”
  • Founder 10K – $10,000 after which $99 a month, provides “dynamic curiosity primarily based on the efficiency of the buying and selling” and “highway rally occasion yearly”
  • Founder 25K – $25,000 after which $99 a month, no specified additions
  • Founder 50K – $50,000 after which $99 a month, no specified additions

Prime College’s Compensation Plan

Prime College associates join entry to the corporate’s companies (detailed above in “Prime College’s Merchandise”).

Commissions are paid on recruitment of associates.

Prime College Affiliate Ranks

There are twelve affiliate ranks inside Prime College’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  1. Supervisor – generate $297 in month-to-month payment quantity and recruit three associates
  2. Director – generate $1980 in month-to-month payment quantity and keep three personally recruited associates
  3. Senior Director – generate $3960 in month-to-month payment quantity and keep three personally recruited associates
  4. Govt Director – generate $7920 in month-to-month payment quantity and keep three personally recruited associates
  5. Space Director – generate $14,850 in month-to-month payment quantity and keep three personally recruited associates
  6. Regional Director – generate $39,600 in month-to-month payment quantity and recruit 4 associates
  7. Nationwide Director – generate $74,250 in month-to-month payment quantity and recruit six associates
  8. Worldwide Director – generate $99,000 in month-to-month payment quantity and recruit seven associates
  9. Space Vice President – generate $198,000 in month-to-month payment quantity and recruit eight associates
  10. Regional Vice President – generate $396,000 in month-to-month payment quantity and recruit 9 associates
  11. Nationwide Vice President – generate $594,000 in month-to-month payment quantity and recruit ten associates
  12. Senior Vice President – generate $891,000 in month-to-month payment quantity and recruit eleven associates

Be aware that recruited associates are required to be break up evenly on each side of the binary workforce (Supervisor could be 2/1 or 1/2).

Referral Commissions

Prime College pays a 50% referral fee on private recruitment.

Residual Commissions

Prime College pays residual commissions weekly primarily based on rank:

  • Managers obtain $25 every week
  • Administrators obtain $125 every week
  • Senior Administrators obtain $225 every week
  • Govt Administrators obtain $375 every week
  • Space Administrators obtain $750 every week
  • Regional Administrators obtain $1250 every week
  • Nationwide Administrators obtain $2250 every week
  • Worldwide Administrators obtain $3750 every week
  • Space Vice Presidents obtain $6250 every week
  • Regional Vice Presidents obtain $12,500 every week
  • Nationwide Vice Presidents obtain $18,750 every week
  • Senior Vice Presidents obtain $25,000 every week

2 For Free

2 For Free is a recruitment bonus paying $100 (a month?).

Prime College’s advertising and marketing states the two For Free Bonus is meant to cowl “the worth of your Prime subscription”.

Rank Achievement Bonuses

Prime College rewards associates for qualifying at Nationwide Director and better with the next one-time Rank Achievement Bonuses:

  • qualify at Nationwide Director and obtain a “journey to Dubai”
  • qualify at Worldwide Director and obtain $10,000
  • qualify at Space Vice President and obtain a leased Audi RS6
  • qualify at Regional Nationwide Director and obtain $40,000
  • qualify at Nationwide Vice Director and obtain a leased Lamborghini
  • qualify at Senior Vice President and obtain $80,000

Becoming a member of Prime College

Prime College membership is $99 to $50,000 after which $99 a month.

  • Bronze – $199
  • Silver – $499
  • Gold – $999
  • Non-public Circle – $2500
  • Grasp – $5000
  • Elite – $10,000
  • Founder 10K – $10,000
  • Founder 25K – $25,000
  • Founder 50K – $50,000

Further Prime College backoffice companies seem to price $29 after which $15 a month:

Prime College Conclusion

Prime College as an MLM alternative, which I imagine is known as “Prime Hub”, presents itself as a easy AI grift pyramid scheme:

Recruited Prime College associates join, pay a payment and receives a commission to recruit others who do the identical.

At no level throughout this course of is something marketed or bought to retail prospects.

Hooked up to Prime College’s pyramid scheme is securities and commodities fraud.

There are two main vectors Prime College’s securities and commodities fraud takes place by means of; Quantum Commerce and shady attachments to its “founder” memberships.

Figuring out a securities providing inside Quantum Commerce is simple sufficient;

Passive returns are pitched starting from 2% to over 12% a month, by means of “absolutely automated” buying and selling.

To be legally compliant, this triggers each securities and commodities registration necessities.

Placing apart Prime College doesn’t have a consumer-facing web site, the corporate offers no indication it has registered with securities and/or commodities regulators in any jurisdiction.

Secondary securities and/or commodities fraud is probably going happening by means of founder membership entry to shitcoin, memecoin and crypto presale funding alternatives.

To summarize, Prime College affords an MLM pyramid scheme hooked up to a minefield of regulatory non-compliance.

As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will commissions.

This can see these on the backside of the Prime College pyramid ultimately cease paying month-to-month charges.

This in flip will see these above them cease getting paid. Except new suckers are discovered, ultimately these associates can even cease paying month-to-month charges.

When sufficient Prime College associates cease paying month-to-month charges, an irreversible collapse is triggered.

Math ensures that when a pyramid schemes collapses, nearly all of contributors lose cash.