Wealth Rising Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Wealth Rising is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Wealth Rising, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Wealth Rising as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Wealth Rising in my Wealth Rising Review – now you can learn all you need to know about it.
Is Wealth Rising really a legit business?
Is Wealth Rising a safe business to join?
Let me show you in my review of Wealth Rising.
Exactly What Is Wealth Rising?
There are lots of new MLM opportunities that are launched every single day, and one of the most recent ones to do so goes by the name of Wealth Rising.
Wealth Rising’s website looks good enough, but it’s lacking considerably when it comes to the available background information.
Or should I say, the lack thereof.
No info is present on who owns Wealth Rising, where it’s physically based out of, who originally founded it, etc.
Furthermore, the domain name registration is very sparse of any info as well.
I was able to see that the domain (wealthrising.net) was registered on May 11, 2016, but info on where the registration took place or who the owner is are absent as a result of the registration being done privately.
Roadblocks aside, I was able to determine that someone by the name of Gerhard Rempel is the current CEO and Founder of Wealth Rising.
Rempel claims this title in the video description for a YouTube video that’s published to his channel on the video sharing website, and if that name sounds at all familiar to you, that’s because Wealth Rising isn’t Rempel’s first rodeo in the MLM realm.
Gerhard Rempel first got started with MLM back in 2013 as the co-owner of Belizers. Named after his residency in Belize, Belizers was a Ponzi scheme that asked its members to invest between $10 and $25 in order to receive an ROI payout of 150%.
Belizers was relaunched under the name of Fast Perpetual Cash Cyclone in mid-2015, and then Rempel launched an entirely new opportunity called Crowd Rising in 2016.
Crowd Rising was a type of cash gifting scheme, but current Alexa rankings for its website suggest that the company has finally collapsed.
The collapse of Crowd Rising is more than likely what prompted Rempel to create and launch Wealth Rising, and with that said, this is what the man’s latest opportunity in the MLM world is bringing to the table.
What Is The Wealth Rising Product Line?
As you might be able to guess based off of Wealth Rising’s initial fist impression, there’s not too much to talk about when it comes to the company’s product line.
Why you may ask?
Wealth Rising doesn’t have any sort of product line to speak of.
Nothing is being sold or marketed to retail customers, and affiliates have nothing more than the affiliate membership to try and sell to those that might be interested in it.
This also creates for a situation in which there’s a total lack of any retail sales activity, and this is never a good thing to see when you consider that retail sales often serve as the backbone and lifeline for any legitimate MLM opportunity.
What Can You Tell Me About The Compensation Plan For Wealth Rising?
Moving over to the compensation plan, affiliates for Wealth Rising are required to invest money into the operation in order to earn an advertised ROI.
The value of the ROI is dependent on which of the four investment levels members decide to go with, and those different levels work as follows –
- Affiliates who choose the Minimizer level invest $20 to $100 in order to get an ROI valued at 130% after 15 days
- Affiliates who choose the Kick Starter level invest $110 to $300 in order to get an ROI valued at 120% after 15 days
- Affiliates who choose the Optimizer level invest $100 to $1000 in order to get an ROI valued at 146% after 30 days (requirement of having to reinvest 20% of all ROI earnings)
- Affiliates who choose the Maximizer level invest $300 to $5000 in order to get an ROI valued at 150% after 30 days (requirement of having to reinvest 25% of all ROI earnings)
In addition to the available ROIs, affiliates of Wealth Rising can earn even more cash through the company’s referral commissions.
These commissions are paid out to four levels of recruitment, with more money becoming available as you increase the depth and size of your downline.
What Will It Cost To Join Wealth Rising?
Interested in becoming a member for Wealth Rising? You’ll need to invest between $20 and $5000 in order to get started with the compensation plan.
Just like many other opportunities that operate in a similar fashion, choosing to invest more money will allow you to receive a larger payment.
Is Wealth Rising A Scam?
If you have heard that Wealth Rising is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Wealth Rising a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Wealth Rising Review
Wrapping up this review, what’s the final word on Wealth Rising?
Here we’ve got a company with no identifiable source of income aside from affiliate investments, a total absence of retail sales, and ROIs up to 150% being offered to affiliates who are okay with investing up to $5000 into the company.
At the end of the day, Wealth Rising is nothing more than yet another Ponzi scheme from the mind of Gerhard Rempel.
Newly invested funds are used to cover ROIs and commissions that are owed to existing members, and this sort of activity will only be able to take place as long as more and more people continue to join the opportunity.
Once recruitment and investment eventually dies down, Wealth Rising will be faced with no other choice but to collapse and shut down all business operations.
Rempel is the only person that will earn anything of real value once all is said and done, as the majority of affiliates will end up losing out due to the way Wealth Rising is structured.
I definitely hope you have found value in my Review of Wealth Rising.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Wealth Rising, make sure you take the time to learn how to market yourself!
My training below can help you with that.