UltimateLine World fails to offer possession or government data on its web site.
UltimateLine World’s web site area (“ultimatelineglobal.com”), was first registered in January 2023. The personal registration was final up to date on March seventeenth.
The one UltimateLine World advertising video featured on its web site is an AI avatar robodub effort:
That is typical of non-native English talking admins.
Though it claims to be a “UK-based, skilled foreign exchange and cryptocurrency buying and selling agency”, UltimateLine World offers a company tackle in Switzerland on its web site.
It’s presumed UltimateLine World has nothing to do with both the UK or Switzerland.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
UltimateLine World’s Merchandise
UltimateLine World has no retailable services or products.
Associates are solely in a position to market UltimateLine World affiliate membership itself.
UltimateLine World’s Compensation Plan
UltimateLine World associates make investments cryptocurrency on the promise of marketed returns:
- First Line – make investments $99 to $4999 and obtain 4% every week (8% every week if reinvested)
- Second Line – make investments $5000 to $14,999 and obtain 8% every week (12% every week if reinvested)
- Third Line – make investments $15,000 to $39,999 and obtain 12% every week (16% every week if reinvested)
- Fourth Line – make investments $40,000 or extra and obtain 16% every week (31% every week if reinvested)
- Final Gold – make investments $30,000 or extra and obtain 70% after 3 days
UltimateLine World pays referral commissions on invested funds by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, with each personally recruited affiliate positioned immediately beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
UltimateLine World caps payable unilevel group ranges at 4.
Referral commissions are paid as a proportion of cryptocurrency invested throughout these 4 ranges as follows:
- degree 1 (personally recruited associates) – 2%
- degree 2 (should recruit three associates) – 4%
- degree 3 (should recruit 5 associates) – 8%
- degree 4 (should recruit ten associates) – 16%
Becoming a member of UltimateLine World
UltimateLine World affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $99 funding.
UltimateLine World Conclusion
UltimateLine World’s referral commissions are slightly odd, in that percentages go up as an alternative of down.
Sometimes MLM corporations emphasize incentivize recruitment with increased private recruitment fee charges. Downline recruitment is usually a residual bonus.
I imagine the rationale for that, and baked in recruitment necessities, is as a result of UltimateLine World is a reboot of the collapsed Edge Capital PLC Ponzi scheme.
Edge Capital PLC pitched returns of as much as 20% every week. It collapsed both earlier this month or final month.
Curiously once I punched in UltimateLine World’s Swiss tackle into Google, InfiniteLine World got here up.
From the identify alone it’s apparent the identical scammers are behind each Ponzi schemes (and Edge Capital PLC).
BehindMLM reviewed InfiniteLine World again in March. The net developer who put collectively InfiniteLine World’s web site claims a Nigerian nationwide going by “Sunday “Sunnydays” Paul was behind it.
SimilarWeb tracks negligible site visitors to InfiniteLine World as of July 2023. Placing all of this collectively, now we have InfiniteLine World collapsing, the Edge Capital PLC reboot collapsing and now UltimateLine World.
UltimateLine World’s Ponzi ruse is crypto funding, actual property and international alternate.
It needs to be famous that the “over 15+ years of expertise in asset administration” declare is bogus – UltimateLine World shouldn’t be even a number of months previous.
Naturally UltimateLine World fails to offer proof it generates exterior income from any supply.
As with InfiniteLine World and Edge Capital PLC, all UltimateLine World does is recycle invested funds to pay withdrawals. This makes it a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve UltimateLine World of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.