Eagle Gates Group Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Eagle Gates Group has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Eagle Gates Group in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Eagle Gates Group.
I wanted to gather all the information about Eagle Gates Group in my Eagle Gates Group Review in order for you to make a decision about joining Eagle Gates Group.
Is Eagle Gates Group legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Eagle Gates Group.
Read on to find out what you need to know.
What The Heck Is Eagle Gates Group?
On the Eagle Gates Group website, someone by the name of Eddy McClough is listed to be both the CEO and Founder of the company.
According to the Eagle Gates Group website, Eddy McClough “Has over 12 years of diversified financial services experience holding senior management roles spanning investment banking, private equity, investment management, and real estate in global financial services brands such as KPMG, Bank of America Securities and Merrill Lynch.”
That’s all fine and dandy for info on Eddy McClough, but what about Eagle Gates Group itself?
The website for the company says that it was “Founded on February 2005 in the United States, Eagle Gates Group is now one of the world’s leading index futures investment and asset management company.”
I decided to do a bit more digging into Eagle Gates Group, and I found some rather interesting and peculiar information.
For starters, while the domain name for the company website was registered in 2005, the content that was present on the domain back then had nothing at all to do with the Eagle Gates Group that exists today.
In fact, that domain didn’t show any content for Eagle Gates Group until earlier this year.
Up until March 2016, the domain name showed content for some sort of electrical gate retailer, a company that has nothing at all to do with the Eagle Gates Group that I’m reviewing today.
Moving back to Eddy McClough, I wasn’t able to find any info on the man at all outside of his involvement with Eagle Gate Groups.
Perhaps the most interesting thing I found was a video that features McClough.
The video is a staged interview between him and a paid actress, and it’s made to look like an interview that was conducted on CNN. However, when you look at the poor acting, McClough noticeable reading from a script, the poor lighting, and the lackluster audio, it becomes quite obvious that the video has no connection at all to the real and legit CNN.
McClough does have a LinkedIn profile, but the only information this provides is the fact that McClough supposedly lives in New York. This ties in nicely with the New York address that’s featured as a corporate address on the Eagle Gates Group website, but I discovered that this address is actually a “virtual office business center.”
With that being the case, the fact of the matter is that Eagle Gates Group and Eddy McClough only exist in New York for the namesake, and I’m not so sure Eddy McClough is really involved with the business side of things with Eagle Gates Group.
Alexa rankings for the Eagle Gates Group suggest that a whopping 72.5% of all the traffic it receives is generated out of Thailand, meaning that this is likely where the company is actually based out off.
What Are The Eagle Gates Group Products?
As if that background information wasn’t bad enough, things just get worse form here.
Eagle Gates Group has made the decision to not include any sort of product line with their business, and this is a move that’s going to cause for nothing but trouble later on down the road.
Product lines are absolutely essential for any legitimate MLM opportunity, and when one doesn’t exist with an opportunity like this that I review, it’s usually a telling sign that we’re dealing with a scheme of some sort.
Judging by the lack of product line and lack of real background info that I’ve already gone over, I would be surprised at all if Eagle Gates Group does turn out to be some sort of scheme or scam.
What About The Compensation Plan For Eagle Gates Group?
Looking at the compensation plan that Eagle Gates Group is advertising, affiliates set out to invest as much as $10,000 a pop with the idea that they’ll be able to earn a monthly ROI from it.
Eagle Gates Group offers three different stages for affiliates to invest in, with each stage allowing affiliates to earn their ROI over the course of different time periods.
Those stages work out in the following manner –
- 1st Stage – earn a monthly ROI during the first 90 days after investing
- 2nd Stage – earn a monthly ROI during days 91 and 180 after investing
- 3rd Stage – earn a monthly ROI from the 181st day and beyond
As for the actual value of those monthly ROIs, there are three different packages for affiliates to invest in. A $1000, $5000, and $10,000 package exist, with each one offer more earnings potential than the last one.
Essentially, investing more will allow you to earn more.
Eagle Gates Group also offers referral commissions, and these get paid out both directly and residually.
Direct referral commissions come in the form of a 10% commission based off of funds that are invested by personally recruited affiliates, and residual referral commissions are paid out through the use of a unilevel system.
What’s The Cost Of Joining Eagle Gates Group?
If you’d like to become an affiliate for Eagle Gates Group for whatever reason, you’ll need to invest either $1000, $5000, or $10,000 into the three available packages that I previously outlined.
Here, investing more will allow you to potentially earn more.
So, Is There A Eagle Gates Group Scam Going On?
Have you been hearing rumours that Eagle Gates Group is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Eagle Gates Group scam going on?
If I am being perfectly honest, Eagle Gates Group isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Eagle Gates Group Review And Conclusion!
It shouldn’t come as too much of a surprise that Eagle Gates Group has nothing legitimate going on at all with the opportunity that it’s offering.
Eagle Gates Group is lying about the dated that it was formed, they completely ripped off CNN with their little interview video, and there’s no concrete information provided at all on the Eagle Gates Group website in regards to who really owns it or who’s behind it. Eddy McClough is sold as the Founder and CEO, but with no information about him existing outside of Eagle Gates Group, I find this very hard to believe,
Top all of this off with the fact that the company is likely being run out of Thailand, and you’ve got yourself one train-wreck of an opportunity.
There’s no identifiable source of income coming into Eagle Gates Group outside of affiliate investments, and with the company using newly invested funds to pay off existing affiliates, Eagle Gates Group falls into the tropes of a Ponzi scheme.
As all Ponzi schemes tend to go, Eagle Gates Group will run into serious trouble once new affiliates stop joining the company.
This will cause the funds to stop coming in, and thanks to the extremely long maturity periods for the ROIs, the folks behind Eagle Gates Group won’t have any difficulty at all making off with the majority of the earnings before their affiliates have any idea what’s going on.
I really hope you have gained value from my Eagle Gates Group Review.
I wanted to make sure you had all the information you needed, because most other Eagle Gates Group reviews are just trying to sell you something.
If you really do decide to join Eagle Gates Group, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!