Spey Invest Review – Is This A Good Opportunity Or Big Scam?
Spey Invest has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling Spey Invest.
I have simply gathered for you all the facts in this Spey Invest Review in order for you to make a proper decision about it.
So, is it true? Is Spey Invest a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is Spey Invest?
Right off the bat, the Spey Invest website showcases a message claiming that it was, “set up in 2014 as the pilot online project of trading business by a group of enthusiasts headed by Daniil Solopov.
Despite the relatively young age of the Company, SPEY INVEST LTD has become well known to field-specific experts in Great Britain and also abroad as soon as one and a half years of its activity.”
This is fine on its own, but the reality of what’s taking place starts to quickly reveal itself once you look a little deeper.
For one thing, it’s likely that nobody you know has even the slightest idea as to what Spey Invest is. There are a couple mentions of the company on HYIP scam website, but aside from this, Spey Invest is an unknown anomaly.
Additionally, despite Spey Invest claiming to have been around since 2014, the domain name for the company’s website was just registered on March 16, 2017.
Now let’s talk about Daniil Solopov.
I did find profiles for Solopov on Facebook and LinkedIn, but there’s nothing here to indicate that Solopov is a real person and not just a namesake that’s being used.
There are a few random images on the Facebook profile, but aside from this, there’s no real content to be found since it was created in 2014 — typical of Facebook accounts that are purchased and not legitimately owned.
Solopov has a full bio and photograph on Spey Invest’s, “About Us” page, but this only makes matters worse for the story the company is trying to sell.
The profile photo being used for Solopov looks fine at first, but after further research, I discovered that it’s nothing more than a stock photo from ShutterStock that has been flipped and Photoshopped to show the Spey Invest logo in the background.
There’s also a signature for Daniil Solopov at the bottom of the About Us page, but this has also been stolen from a Russian website for generating signatures.
Because of all this, it’s very likely that Spey Invest is truthfully being run by scammers somewhere in Russia.
What Are The Products For Spey Invest?
When it comes to Spey Invest’s product line, there’s really nothing to talk about.
You won’t find any goods or services being sold to retail customers, and this leaves affiliates with only the affiliate membership to offer to folks that are interested in it.
There’s simply no chance for retail sales activity to take place within Spey Invest, and in the world of MLM, this is about the last thing you want to run across.
What Is The Compensation Plan For Spey Invest?
Should you decide to join Spey Invest, you’ll earn your money by investing into the company.
There are three investment tiers to choose from, and as you might expect, choosing to invest more will allow you to potentially earn more from the offered ROIs.
Affiliates who invest at the Silver plan must sink in between $10 and $99 in order to earn a daily ROI of 1% for 200 days.
Choosing to invest between $1000 and $9999 will place you in the Gold tier, and this will make you eligible to earn a 1.2% daily ROI for 250 days.
Lastly, Platinum affiliates earn a 1.4% daily ROI for 300 days by investing between $10,000 and $50,000.
Referral commissions are also open for affiliates to earn on, and Spey Invest pays these through a unilevel payment structure.
Affiliates are capped at earning on seven levels down of recruitment, and those levels earn as follows:
- 7% commission from level 1 affiliates
- 3% commission from level 2 affiliates
- 2% commission from level 3 affiliates
- 1% commission from level 4 affiliates
- 0.5% commission from level 5, 6, and 7 affiliates
What’s Does It Cost To Join Spey Invest?
Although the affiliate membership for Spey Invest is free, you’ll need to make an investment of at least $10 if you want to earn on the income opportunity that the company is touting.
Is Spey Invest A Scam?
Have you heard from a friend that Spey Invest is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about Spey Invest – is it a scam or legit?
Good news – Spey Invest is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
Spey Invest Review Conclusion
According to Spey Invest, the company is able to offer ROIs to members thanks to cryptocurrency trading.
On the Spey Invest website, it’s stated that, “The Company specializes in trust management of finance, consulting and analytics of processes of cryptocurrency trading.”
Here’s the problem.
Like many other MLM entities that claim to be involved with cryptocurrency trading, there’s no proof to show that this activity is really taking place. Instead, Spey Invests asks that you simply take them it for its word.
The only funds evidently coming into Spey Invest are from affiliate investments, and as such, newly invested money is being used to pay ROIs that Spey Invest owes to other members.
Because of this, Spey Invest is operating as a Ponzi scheme.
Once people stop joining the company and dumping money into it, Spey Invest will be no more.
The anonymous admin(s) will make off with the majority of money that’s invested, and this will leave most affiliates to lose out.
Unless you’re a fan of losing cash, my advice is to stay very far away from this one.
I sure hope that you have found my Spey Invest review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my Spey Invest review to have all the information for you.
If you decide to carry forward with Spey Invest, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.