Bivexo fails to supply possession or government data on its web site.
Bivexo’s web site area (“bivexo.com”), was first registered in 2020. The personal registration was final up to date on February eighth, 2024.
By means of the Wayback Machine we will see Bivexo’s web site area was on the market till it was acquired earlier this yr.
After Bivexo’s nameless house owners bought the area, Bivexo’s present web site went stay in or round April 2024.
Regardless of solely current for just a few months, on its web site Bivexo performs into its area identify being initially registered in 2020.
In 2020 … is the story of the creation of Bivexo Group LTD (BGL), a Hong Kong firm with roots deep in Bolivian soil and energy-intensive useful resource manufacturing in China.
Pursuant to this fraudulent declare, Bivexo supplies a bunch of doctored Hong Kong shell firm certificates on its web site:
There’s a bunch of different certificates, none of which have something to do with Bivexo by means of most of them being predated earlier than Bivexo existed.
Merely put, Bivexo didn’t exist till early 2024. As for Hong Kong, Bolivia and China, Bivexo fails to supply verifiable proof it has any ties to those international locations.
Along with mendacity about its firm formation, Bivexo additionally supplies a suspect listing of “companions” on its web site:
This seems to be an try at legitimacy through affiliation. Bivexo fails to supply verifiable proof it has partnered with any of those firms.
Bivexo advertising and marketing movies on its web site are hosted by what seems to be an actor in a rented workplace:
Actors in places of work is often the work of Russian scammers. Bivexo’s actor nevertheless speaks Chinese language, which suggests Chinese language scammers might be behind Bivexo.
Of be aware is SimilarWeb monitoring 100% of Bivexo’s web site site visitors from Kazakhstan as of August 2024.
Russian is spoken in Kazakhstan, which tracks with lots of Bivexo advertising and marketing being in Russian:
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s operating or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Bivexo’s Merchandise
Bivexo has no retailable services or products.
Associates are solely in a position to market Bivexo affiliate membership itself.
Bivexo’s Compensation Plan
Bivexo associates make investments USD equivalents in cryptocurrency. That is completed on the promise of marketed passive returns:
- make investments $49 to $249 and obtain 13% a month for 46 days
- make investments 149 to $749 and obtain 14% a month for 53 days
- make investments $299 to $1499 and obtain 15% a month for 60 days
- make investments $449 to $2249 and obtain 16% a month for 67 days
- make investments $559 to $2999 and obtain 17% a month for 74 days
- make investments $749 to $3749 and obtain 18% a month for 81 days
- make investments $899 to $4499 and obtain 19% a month for 88 days
- make investments $999 to $4999 and obtain 20% a month for 95 days
- make investments $1999 to $9999 and obtain 21% a month for 102 days
- make investments $4999 to $24,999 and obtain 22% a month for 109 days
- make investments $9999 to $49,9999 and obtain 23% a month for 116 days
- make investments $14,999 to $74,999 and obtain 24% a month for 123 days
- make investments $24,999 to $124,999 and obtain 25% a month for 130 days
Observe that though ROI charges are supplied per 30 days, they’re calculated and paid day by day.
Observe that whichever funding plan is chosen, Bivexo associates are solely in a position to withdraw as soon as per week.
The MLM facet of Bivexo pays on recruitment of affiliate buyers.
Bivexo Affiliate Ranks
There are ten affiliate ranks inside Bivexo’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Trainee – generate $9999 in downline funding quantity
- Specialist – generate $20,000 in downline funding quantity
- Supervisor – generate $50,000 in downline funding quantity
- Supervisor – generate $100,000 in downline funding quantity
- Chief – generate $150,000 in downline funding quantity
- Ambassador – generate $250,000 in downline funding quantity
- High Supervisor – generate $500,000 in downline funding quantity
- Director – generate $1,000,000 in downline funding quantity
- Vice President – generate $2,000,000 in downline funding quantity
- President – generate $5,000,000 in downline funding quantity
Observe that Bivexo rigs counted downline funding quantity as follows:
- 100% of funding quantity from personally recruited associates is counted
- 50% of funding quantity from stage 2 recruitment is counted
- 25% of funding quantity from stage 3 recruitment is counted
- 15% of funding quantity from ranges 4 to 10 is counted
- no funding quantity from stage 11 and deeper is counted
Referral Commissions
Bivexo pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned instantly beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Bivexo caps payable unilevel crew ranges at ten.
Referral commissions are paid as a share of cryptocurrency invested throughout these ten ranges based mostly on rank:
- Trainees earn 5% on stage 1 (personally recruited associates)
- Specialists earn 5% on stage 1 and 4% on stage 2
- Supervisors earn 5% on stage 1, 4% on stage 2 and a pair of.75% on stage 3
- Managers earn 5% on stage 1, 4% on stage 2, 2.75% on stage 3 and 1.75% on stage 4
- Leaders earn 5% on stage 1, 4% on stage 2, 2.75% on stage 3, 1.75% on stage 4 and 1.5% on stage 5
- Ambassadors earn 5% on stage 1, 4% on stage 2, 2.75% on stage 3, 1.75% on stage 4, 1.5% on stage 5 and 1.25% on stage 6
- High Managers earn 5% on stage 1, 4% on stage 2, 2.75% on stage 3, 1.75% on stage 4, 1.5% on stage 5, 1.25% on stage 6 and 1% on stage 7
- Administrators earn 5% on stage 1, 4% on stage 2, 2.75% on stage 3, 1.75% on stage 4, 1.5% on stage 5, 1.25% on stage 6, 1% on stage 7 and 0.75% on stage 8
- Vice Presidents earn 5% on stage 1, 4% on stage 2, 2.75% on stage 3, 1.75% on stage 4, 1.5% on stage 5, 1.25% on stage 6, 1% on stage 7, 0.75% on stage 8 and 0.5% on stage 9
- Presidents earn 5% on stage 1, 4% on stage 2, 2.75% on stage 3, 1.75% on stage 4, 1.5% on stage 5, 1.25% on stage 6, 1% on stage 7, 0.75% on stage 8, 0.5% on stage 9 and 0.25% on stage 10
MoneyBox BGL Funding
Upon investing within the above plans, Bivexo associates are then additionally in a position to put money into “Moneybox BGL”.
Funding into Moneybox BGL pays 1% a day for 180 days.
Bivexo pays a ten% fee on cryptocurrency invested into MoneyBox BGL by personally recruited associates.
Observe that MoneyBox BGL commissions are solely paid per $5000 invested into MoneyBox BGL.
Crowdfunding Funding
Bivexo affords further funding plans it clothes up as “crowdfunding”:
- fuel stations – make investments $1000 or extra and obtain 30% a month, paid out after 4 months after which month-to-month
- saline – make investments an unknown minimal quantity and obtain 30% to 40% a month
A ten% referral fee is paid on crowdfunding funding by personally recruited associates.
Rank Achievement Bonus
Bivexo rewards associates for qualifying at Trainee and better with the next Rank Achievement Bonuses:
- qualify at Trainee and obtain $200
- qualify at Specialist and obtain $500
- qualify at Supervisor and obtain $1000 plus a 0.1% day by day ROI fee improve
- qualify at Supervisor and obtain $2000 plus a 0.15% day by day ROI fee improve
- qualify at Chief and obtain $4000 plus a 0.2% day by day ROI fee improve
- qualify at Ambassador and obtain $8000 plus a 0.25% day by day ROI fee improve
- qualify at High Supervisor and obtain an “electrical automobile or equal monetary reward”
- qualify at Director and obtain $20,000 plus a 0.3% day by day ROI fee improve
- qualify at Vice President and obtain $50,000 plus a 0.35% day by day ROI fee improve
- qualify at President and obtain $100,000 plus a 0.4% day by day ROI fee improve
Observe that ROI fee will increase don’t stack.
Becoming a member of Bivexo
Bivexo affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $25 funding.
Bivexo solicits funding in varied cryptocurrencies.
Bivexo Conclusion
Bivexo represents it generates exterior income through quite a lot of random ruses:
- uncooked materials extraction
- li-ion batteries
- silicate trade
- chemical trade
- petroleum merchandise
- medication
- metallurgy
- lasers
- fuel drying
- nuclear vitality
- optics
- purification methods
- pyrotechnics and
- electrical fuelling stations
No verifiable proof Bivexo generates exterior income from any supply is supplied.
Moreover and placing apart the truth that Bivexo is only some months outdated, if Bivexo is already in a position to generate 1% a day from these ruses, what does Bivexo want your cash for?
And why is Bivexo providing entry to those unhear of ROI charges at no cost?
Amongst all of the doctored certificates, licenses and annual experiences Bivexo supplies, tellingly there is no such thing as a signal of paperwork that matter.
Bivexo’s passive returns funding scheme constitutes a securities providing. This requires periodic submitting of audited monetary experiences with regulators.
Bivexo fails to supply proof it has registered with any monetary regulator. Thus, at a minimal, Bivexo is committing securities fraud.
Because it stands, the one verifiable income coming into Bivexo is new funding. Utilizing new funding to pay withdrawals would make Bivexo a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Bivexo of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.