Farad Join fails to offer possession or government data on its web site.
Actually as I write this, Farad Join’s public-facing homepage is nothing greater than an affiliate login/enroll kind:
An MLM firm not disclosing details about itself to shoppers is an instantaneous pink flag.
Additional analysis reveals Farad Join advertising and marketing citing Nick VandenBrekel as “architect and founder” of the corporate:
VandenBrekel (proper), initially from the Netherlands however now residing in Florida, first appeared on BehindMLM in 2019.
VandenBrekel was the “architect” of ORU Market, an MLM pyramid scheme constructed round ORU Ponzi factors.
Right this moment ORU Market’s web site is disabled:
Farad Join operates from the web site area “faradconnect.web”, first registered in June 2023. The personal registration was final up to date on June twenty fourth, 2024.
In researching this assessment, different corporations I got here throughout that VandenBrekel is related to embody Positron Magnetics and Grange Group.
Positron Magnetics is a few malarkey about “decentralized electrical energy”. Grange Group claims it “excels at leisure life-style actual property initiatives”.
Learn on for a full assessment of Farad Join’s MLM alternative.
Farad Join’s Merchandise
Farad Join has no retailable services or products.
Associates are solely in a position to market Farad Join affiliate membership itself.
Farad Join’s Compensation Plan
Farad Join associates pay $5.95 a month. Commissions are paid after they recruit others who do the identical.
Recruitment Commissions
Farad Join pays referral commissions down two ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – $2.50
- stage 2 – 1500 Earth Factors
Residual Commissions
Farad Join associates obtain 500 Earth Factors every month personally recruited associates pay their $5.95 price.
Becoming a member of Farad Join
Farad Join affiliate membership is $5.95 a month.
Farad Join Conclusion
Although I’m going to get into it I need to stress that Farad Join’s advertising and marketing has nothing to do with its MLM alternative.
The MLM facet of Farad Join is a straight-up pyramid scheme. At no level is something marketed or offered to retail clients. You enroll, pay a price and receives a commission to recruit others who do the identical.
There may be some securities fraud occurring with “Earth Factors” and FARAD token however we’ll get to that in a bit.
Simply so there’s no confusion, I’ll let Nick VandenBrekel himself clarify the advertising and marketing behind Farad Join;
[2:12] All of it begins with the know-how, which is the Positron know-how.
For us it began with {an electrical} engineering know-how that’s been some thirty-plus years within the making. It’s definitely a ardour of mine over time, that sought to revolutionize the way in which electrical energy is being made.
And to pursue a brand new method of electrical energy manufacturing that we name decentralized electrical energy manufacturing. That’s to say you make energy the place it’s wanted.
[3:19] The present Positron know-how, which is a particle accelerator that may be very, very small. It’s concerning the measurement of a suitcase that you’d carry to the airport in your solution to your vacation spot.
Inside that enclosure are a number of, what we name, proton energy cells. These energy cells will not be batteries. They’re constructed round a course of we designed that makes use of graphite.
It’s in fact renewable, it’s net-zero, it has no transferring elements, it’s a stable state machine.
Positron Magnetics’ web site options inventory pictures and CGI renders. There isn’t a picture of its purported magical vitality machine, which is telling.
Again in Farad Join’s advertising and marketing we discover reference to a purported “patented vitality blockchain”.
The Farad Meter computing system determines when the quantity {of electrical} vitality generated by the facility era
supply reaches a predetermined increments (10 kWH ) of generated energy.The Farad Meter generates a digital unit (token) primarily based on a correlation to the predetermined increment of generated energy, whereby the digital unit contains a novel hashed digital signature that features token traceability knowledge.
The Farad Meter computing system shops the digital unit inside a decentralized ledger accessible by the supervised knowledge acquisition system.
So we now have these magical energy mills that are going to generate energy, one thing one thing blockchain, and for each 10kWH generated a FARAD token pops out.
When you’re questioning what FARAD token is I’m assuming it’s comparable or simply one other title for no matter “Earth Factors” are. FARAD token specifics are absent however a hidden web page on Farad Join’s web site suggests FARAD launched 10 months in the past:
Each FARAD and Earth Factors will not be publicly tradeable. FARAD token appears DOA however Earth Factors can purportedly be ” transformed to money every week.”
That’s in fact solely inside Farad Join and so long as promoters are paying $5.95 a month to fund withdrawals. Earth Factors are in any other case nugatory exterior of Farad Join.
I’m going to exit on a limb right here and say if VandenBrekel had a magical vitality machine, he wouldn’t be losing his time attaching it to a $5.95 a month pyramid scheme.
Notably, ORU Market was $30.94 to affix after which $5.95 a month. And connected to this was ORU factors.
ORU Market’s “enterprise software program and knowledge know-how firm” ruse has been switched out for “magic vitality machine”, however in any other case the enterprise mannequin is identical.
Pay a month-to-month price –> recruit suckers –> revenue.
ORU Market’s collapse created a bunch of ORU bagholders who have been ultimately pressured to appreciate their losses. Farad Join will do the identical with FARAD tokens and Earth Factors.
The one individuals who make any cash are VandenBrekel and buddies. Named executives on Farad Join’s web site are Alain Grange, Max Hooper, Roy Reid, Invoice Findley, William Cumbie, Heather Stiles, Mohammed Sajin, Vishnu M., Neha Thomas, Philip Francis and Anand Pillai. We will additionally add a number of prime promoters to this listing.
Like every MLM pyramid scheme, all people else in the end loses out.