MavWealth Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, MavWealth 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 MavWealth in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for MavWealth.
I wanted to gather all the information about MavWealth in my MavWealth Review in order for you to make a decision about joining MavWealth.
Is MavWealth 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 MavWealth.
Read on to find out what you need to know.
What The Heck Is MavWealth?
MavWealth is the latest subject that’s up for my full review process, and in this case, we’ve got another MLM opportunity that apparently doesn’t know how to make a good first impression.
There’s very little background information available on the company’s official website, meaning that info on who the owner is, where the company is located, and more are all absent here.
In other words, the MavWealth website is pretty much a dead end in regards to relevant background info.
With this being the case, I moved my research over to the domain name registration for the MavWealth website domain name, and this revealed that the domain was initially registered on December 2nd of 2015.
The registration was just updated a few days ago on January 7th, 2017, but there isn’y any info in regards to who the owner of the domain is or where in the world the registration physically took place.
Going back to the MavWealth website, there is an address provided that’s located in the United Kingdom, but after looking into this address that’s present on the site, I was able to learn that it belongs to a company by the name of “British Monomarks.”
From what I can tell, British Monomarks is a company that claims to be London’s “premier post box address provider”, so with that being the way it is, I think it’s pretty safe to assume that MavWealth doesn’t have any real physical presence in the UK at all.
What Are The MavWealth Products?
As for the product line that MavWealth is brining to the table, there’s honestly not a whole lot to talk about here at all.
MavWealth is one of those MLM opportunities that’s trying to make it big without any real product line in place, meaning that there aren’t any goods or services available for retail customers to purchase.
This sort of setup results in a situation in which there isn’t any retail sales activity at all, and that’s never a good thing to see.
If and when someone does decide that they’d like to become an affiliate for MavWealth, they must then invest between $50 and $99,999 in order to participate in the income opportunity that the company is advertising.
Once this money has been invested, affiliates are then given bids that they can use in the MavWealth penny auction service that is run on the company’s website.
What About The Compensation Plan For MavWealth?
Moving right along to the compensation plan side of things, affiliates for MavWealth are able to earn a direct ROI after investing so much money into the company.
There are three main levels of investments that affiliates have access to, with each one offering a different ROI payout.
All ROIs are paid out on a daily basis, and they all last for a total of 100 days.
With that being said, the three available levels of investment are as follows –
- Explorer – invest between $50 and $9999 in order to get an ROI of 1.5%
- Pro – invest between $10,000 and $49,999 in order to get an ROI of 1.75%
- Achiever – invest between $50,000 and $99,999 in order to get an ROI of 2%
In order for an affiliate to get the ROIs being advertised here, they must make one bid on MavWealth’s penny auction platform each and every day.
Referral commissions are also present here, and just like the direct ROIs above, choosing to invest more money into the company will allow you to earn more money.
In this particular case, the three investment levels and their resulting payout is as follows –
- Affiliates who invest in the Explorer package earn a referral commission of 5%
- Affiliates who invest in the Pro package earn a referral commission of 10%
- Affiliates who invest in the Achiever package earn a referral commission of 15%
What’s The Cost Of Joining MavWealth?
If MavWealth sounds like the next great MLM opportunity for you (which it really shouldn’t), you’ll need to invest in one of the three investment levels that I’ve previously outlined.
This means that you’ll have to invest anywhere from $50 up to $99,999, and along with this, the FAQ section of the MavWealth website indicates there’s another way to join by investing $50,000 in order to become an “Agent” for the company.
As per the website, “We have kept a minimum condition of $50000 to ensure that we have Agents who are serious of joining us, believe in the potential of our product and are fully focused on the growth of our network.
If you think you have other capabilities and qualities which can distinguish you, reach out to our support team and we should be able to discuss this out.”
So, Is There A MavWealth Scam Going On?
Have you been hearing rumours that MavWealth 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 MavWealth scam going on?
If I am being perfectly honest, MavWealth 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 MavWealth Review And Conclusion!
With MavWealth, it’s pretty obvious what kind of opportunity we’re looking at.
Here’s a company with no products or services to sell to customers, resulting in a complete and total absence of any retail sales activity.
Affiliates are asked to invest between $50 and $99,999 into the company in order to earn direct ROIs, and they are also incentivized to recruit more and more people to do the exact same thing.
Newly invested funds are used to pay off existing affiliates within MavWealth, and all of this put together results in the company operating as a hybrid between both a Ponzi and pyramid scheme.
As both types of these schemes tend to go, MavWealth will only be around as long as more people continue to join and invest money into their operation. Once this activity dies down, MavWealth is going to run into some serious trouble.
This lack in activity will eventually cause MavWealth to come to a complete and total collapse, and at this point in time, only the anonymous admin(s) will make anything of real value.
Everyone else will be left to end up losing out on this deal, and that’s likely going to be the reality for most people who get wrapped up with MavWealth.
I really hope you have gained value from my MavWealth Review.
I wanted to make sure you had all the information you needed, because most other MavWealth reviews are just trying to sell you something.
If you really do decide to join MavWealth, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!