Advduo mentions at the top of its website that it’s definitely not a Ponzi scheme. With that in mind, let’s take a closer look at how Advduo claims to work.
How Does Advduo Work?
Advduo is a bitcoin investment scheme that promises to provide member-to-member direct payments and hassle-free payment processing.
The Advduo platform is currently listed as being in “beta”. It’s a product of Duo Business Limited, a corporation that claims to be registered in the UK.
The very first sentence on the Advduo website specifically claims that it’s “not a PTC, shares or any Ponzi scheme.” When an investment feels the need to mention this statement immediately, that’s a red flag. If that wasn’t enough of a red flag for you, the next sentence on the page claims that you can “start with $5 and make unlimited $281250 guaranteed.”
Yes, Advduo claims it’s not a Ponzi scheme, and then advertises “guaranteed” earnings of over $280,000 USD.
Do you want to make millions of dollars with no hard work, skills, or experience required? Advduo may be the right opportunity for you.
Advduo – which is totally not a Ponzi scheme – advertises all of the following features:
- No subscription forcing
- Member to member direct payments
- No admin interference with payments
- Free advertising credits for each upgrade
- Be the leader of your own downline
- Free referrals through system spillover
- Hassle-free payment processing
- Secure and friendly user interface
In other words, Advduo lets you make money with no work, experience, or networking required. You get free advertising and free referrals. The platform will literally pay you money in exchange for doing nothing.
What Does Advduo Sell?
Like most Ponzi schemes and pyramid schemes, Advduo doesn’t appear to sell any product or service. The only reason the company exists is to make money through new memberships.
Officially, however, the company markets itself as an “earning & advertising company.” You can buy advertising space through the company. However, that advertising space is only available on Advduo.com. Furthermore, the ads are only designed to direct people to Advduo memberships. In other words, this is a clumsy way for the company to make it look like they sell a product or service – when in reality, the entire company revolves around new memberships.
The reason pyramid schemes are illegal is because they’re unsustainable businesses. The pyramid scheme will only continue operating for as long as new members are recruited to the platform. When new members cannot be recruited, the company collapses and the creator of the pyramid scheme – along with some high-level members – disappear with all of the money.
We’re not saying Advduo is definitely a pyramid scheme or Ponzi scheme. However, the Advduo.com website gives us absolutely no information to suggest it’s a legitimate investment opportunity, or that anyone has ever made money through the company.
How To Use Advduo
Advduo claims that becoming a millionaire through its platform is as easy as following these steps:
Step 1) Create an account. Signing up for an account is free, although you can’t actually do anything with a free account. If you want to participate in any aspect of Advduo, then you’ll need to pay to upgrade your account. Once you’ve paid to upgrade, your money gets funneled to the top of the pyramid, and you receive your own downline invitation link to try to recruit people to the scam beneath you.
Step 2) Invite friends. The next step is to try to convince friends to join the scam and pay money to you to join the company.
Step 3) Become a millionaire. The Advduo website guarantees you can turn your $5 investment into $281,000+ in earnings in a short period of time.
Who’s Behind Advduo?
Advduo is run by a company called Duo Business Limited. That company appears to be a legitimate registered corporation in the United Kingdom. You can view the company’s corporate registration document. They were incorporated on July 17, 2017 and have the company number 10870181. That document doesn’t mention any names or addresses associated with the company. However, the Advduo.com website claims the site is run by someone named Samuel Sullivan.
A Google search for that corporation registration listing returns no results – so it’s possible that it’s a forgery (the only search result is from the Advduo.com website itself). In addition, Samuel doesn’t post any information about himself, his location, or why he’s qualified to provide investment advice.
We can find no evidence suggesting that Advduo is a legitimate investment opportunity. The company appears to be a blatant pyramid scheme that will continue operating until it gets shut down. There are so many red flags surrounding the Advduo opportunity that we can’t list them all here. The biggest red flag is that the company advertises guaranteed earnings of over $280,000. They specifically claim you can turn a $5 investment into $281,250 “guaranteed”.
When somebody guarantees an ROI of several thousand percent guaranteed with no risk, then you can be almost certain that you’re being scammed. We can find no proof that Advduo is a legitimate investment opportunity, and it seems to be a blatant scam, pyramid scheme, or Ponzi scheme.