HSCC operates within the cryptocurrency MLM area of interest.
The corporate is headed up by CEO Rav Singh (aka Ravinder Singh Dhillon), Continent Coordinator Asia Naresh Kashyap, and CMO Daniel Schwartz (aka Dan Schwartz).
Singh and Kashyap I’ve by no means heard of however BehindMLM is aware of Schwartz.
Schwartz MLM Ponzi scamming goes again to not less than 2016 as COO of YoCoin.
BehindMLM first got here throughout Daniel Schwartz as CEO of 3T Networks in 2018.
3T Networks was an MLM crypto Ponzi scheme mixed with journey.
By 2022 3T Networks had long-since collapsed. Early that very same 12 months Schwartz resurfaced as COO of Elef, an NFT grift Ponzi.
Elef collapsed by April 2022, prompting Schwartz and very long time partner-in-crime Ron Cartey to launch BNB Robotic.
BNB Robotic, one other MLM crypto Ponzi scheme, collapsed twice by July 2022. The second iteration of BNB Robotic lasted simply eight days.
Schwartz rebooted BNB Robotic as QunoMine in August 2022. QunoMine collapsed in September 2022.
Previous to launching HSCC in 2022, Ravinder Singh Dhillon was operating real-estate funding scams by means of UK Property Membership, London Property Group Group and Parkmount Group.
Naresh Kashyap was selling Modicare till late 2022.
HSCC operates from the area (“thehscc.co.uk”), privately registered on April 14th, 2022. The area registration was final up to date on April 14th, 2023.
By means of the Wayback Machine we will see Dan Schwartz was added to HSCC’s web site on or round March 2023.
Cross-referencing with SimilarWeb, it seems the unique iteration of HSCC collapsed in early 2022. It was rebooted after Schwartz was introduced on circa April 2023.
HSCC represents it’s primarily based out of London, UK. This ties into Rav Singh additionally being primarily based out of the UK.
Naresh Kashyap relies out of India and Dan Schwartz is believed to nonetheless be hiding out in Thailand.
Learn on for a full overview of HSCC’s MLM alternative.
HSCC’s Merchandise
HSCC has no retailable services or products.
Associates are solely in a position to market HSCC affiliate membership itself.
HSCC’s Compensation Plan
HSCC associates make investments USD equivalents of cryptocurrency. That is completed on the promise of marketed returns:
- Commonplace – make investments $50 to $4999 and obtain 0.7% a day for 300 days
- Professional – make investments $5000 to $9999 and obtain $5000 to $9999 for 263 days
- Superior – make investments $10,000 to $24,999 and obtain 0.9% a day for 234 days
- HSCC VIP – make investments $25,000 or extra and obtain 1% a day for 210 days
Observe that if at any time a HSCC affiliate earns 10 occasions what they’ve invested by means of a mix of each day returns and MLM commissions, reinvestment is required to proceed incomes.
The MLM facet of HSCC pays on recruitment of affiliate traders.
HSCC Affiliate Ranks
There are 9 affiliate ranks inside HSCC’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Noble – enroll as a HSCC affiliate and make investments
- Eques – generate $10,000 in downline funding quantity on either side of the binary crew
- Baron – generate $100,000 in downline funding quantity on either side of the binary crew
- Comes – generate $500,000 in downline funding quantity on either side of the binary crew
- Earl – generate $2,500,000 in downline funding quantity on either side of the binary crew
- Marchio – generate $7,500,000 in downline funding quantity on either side of the binary crew
- Prorex – generate $15,000,000 in downline funding quantity on either side of the binary crew
- Knight – generate $30,000,000 in downline funding quantity on either side of the binary crew
- Monarch – generate $50,000,000 in downline funding quantity on either side of the binary crew
Withdrawal Restrictions
HSCC restricts how a lot an affiliate can withdraw primarily based on their rank:
- Nobles to Barons can solely withdraw 2% of earned commissions a day
- Involves Marchios can solely withdraw 1% of earned commissions a day
- Prorexs to Monarchs can solely withdraw 0.5% of earned commissions a day
Referral Commissions
HSCC associates earn 5% of cryptocurrency invested by personally recruited associates.
Residual Commissions
HSCC pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary crew, cut up into two sides (left and proper):
The primary stage of the binary crew homes two positions. The second stage of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary crew are crammed by way of direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary crew can develop.
On the finish of every day HSCC tallies up new funding quantity on either side of the binary crew.
Residual commissions are paid as a proportion of recent funding quantity on the weaker binary crew facet.
- Nobles earn a ten% residual fee charge
- Eques’ earn an 11% residual fee charge
- Barons earn a 12% residual fee charge
- Comes’ earn a 13% residual fee charge
- Earls earn a 14% residual fee charge
- Marchios earn a 15% residual fee charge
- Prorexs earn a 20% residual fee charge
- Knights earn a 25% residual fee charge
- Monarchs earn a 30% residual fee charge
Observe that HSCC caps each day residual commissions at $25,000 no matter rank.
Matching Bonus
HSCC pays a Matching Bonus on revenue earned by personally recruited associates.
- recruit ten associates and earn a 5% Matching Bonus
- recruit twenty associates and earn a 7% Matching Bonus
- recruit fifty associates and earn a ten% Matching Bonus
Becoming a member of HSCC
HSCC affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $50 funding.
HSCC solicits funding in varied cryptocurrencies.
HSCC Conclusion
HSCC represents it generates exterior income by way of automated cryptocurrency arbitrage buying and selling.
Generate threat free each day income with 100% environment friendly and correct HSCC buying and selling bots.
HSCC has created an revolutionary but easy world crypto arbitrage buying and selling ecosystem that’s obtainable to everybody.
The notion {that a} failed real-estate funding schemer, a promoter of an Amway clone in India and serial Ponzi promoter awoke at some point and had a buying and selling bot able to 1% a day, is laughable in and of itself.
On the regulatory entrance, HSCC’s passive funding alternative clearly constitutes a securities providing.
Ravinder Dhillon being primarily based out of the UK requires each HSCC and himself to be registered with the FCA.
A search of the FCA’s Monetary Companies Register reveals neither HSCC or Dhillon are registered with the FCA.
Which means that, at a minimal, HSCC is committing securities fraud.
MLM and securities fraud goes hand in hand with HSCC working as a Ponzi scheme.
HSCC’s extreme withdrawal restrictions, as excessive as 0.5% a day, additional help HSCC working a Ponzi scheme. The thought behind the restriction is clearly to extend HSCC’s inevitable collapse.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve HSCC of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.