Crypto Wealth, found online at CryptoWealth.info, is a multilevel marketing scheme built around bitcoin. Find out how it works today in our Crypto Wealth review.
What is Crypto Wealth?
Crypto Wealth is a bitcoin investment scheme that promises to help you get rich quick in the cryptocurrency world.
The website tosses around phrases like “financial freedom” and “be your own boss” – which are instant signs that you’re dealing with a multilevel marketing scheme.
In any case, Crypto Wealth claims to be the “world’s first donation rotation plan.” All you need to do to become rich is to give the company a bunch of money. Your money will be placed into “4 amazing bitcoin earning plans leading them to financial freedom,” explains the official website.
Obviously, there are plenty of pyramid schemes and investment scams in the bitcoin community. Let’s take a closer look at Crypto Wealth to see if there’s anything legitimate behind this “investment opportunity.”
How Does Crypto Wealth Work?
Crypto Wealth promises to help you get rich quick with little work or risk required. The company even claims that its scheme will “destroy poverty worldwide” and “help the misfortunate.”
The entire scheme is rolled into a “donation” program. Three different donation packages are available, including:
- CW Bronze: $50 USD (in bitcoin)
- CW Silver: $125
- CW Gold: $5,000
After you give money to the company, your money will be placed into four different pyramid schemes. Crypto Wealth calls this program the “donation rotation plan”. Basically, it just means that Crypto Wealth is taking your money and placing it into different pyramid schemes, multilevel marketing companies, and sleazy investment companies across the internet.
The four companies listed on the Crypto Wealth website include:
- APPI Travels
- Planet Matrix Advertisement Portal
- Bitclub Network
- The CryptoWealth Foundation
In reality, it seems most of your money just goes towards the last organization – the CryptoWealth Foundation. As far as we can tell, CryptoWealth.info is just a feeder or funnel for that organization.
All of the offers listed on the Crypto Wealth website are blatant scams. APPI Travels promises to pay you $30,000 to travel around the world, for example, while BitClub Network promises to make you a millionaire through bitcoin mining.
Who’s Behind Crypto Wealth?
Obviously, there are lots of red flags behind Crypto Wealth, and it’s a blatant scam in every way. One of the easiest ways to spot a scam is when the creator of a website refuses to disclose his or her identity – which is especially worrying when the website asks you to “donate” up to $5,000.
As you might expect, there’s no information about the makers of CryptoWealth.info available online. The company refuses to disclose any information about who’s running the website, or why they’re qualified to handle your investment.
Ultimately, as far as we can tell, CryptoWealth.info is just a funnel to the larger Crypto Wealth Foundation, which is another well-known pyramid scheme and bitcoin scam.
Conclusion On Crypto Wealth
It takes a special type of person to lure investors into a sleazy investment opportunity. However, it takes an even worse person to take someone’s money for charity, then promise to make them rich while simultaneously solving global poverty. Crypto Wealth aims to lure people into a pyramid scheme by promising them easy money and charitable donations. Unfortunately, it appears to be one big scam – nothing about Crypto Wealth is legitimate, and your money will just be funneled up the pyramid until the scheme collapses.
When someone promises to make you “financially free” online with no work, risk, or skills required, you’re almost definitely being scammed. Don’t fall for scams like CryptoWealth.info or the Crypto Wealth Foundation.