CryptoPros.biz Review: Is the Crypto Pros Founder a Renowned Scammer?
Crypto Pros does not have an active website. Surprisingly, the platform registers new clients using Google forms and links on YouTube. Although the payments are supposedly made through cryptopros.biz, no website is registered under this domain name.
The platform is operated by Frank Hester, a notorious scammer known for launching fraudulent schemes called Coinpressions and Coinpression2. Usually, frank markets his products through YouTube as well as Facebook.
Crypto Pros Products
As of now, Crypto Pros does not offer any products to its members. Instead, existing members are enrolled to an affiliate program where they earn commissions for referring new clients.
To earn commissions, Crypto Pros affiliates must buy positions in a 2*20 matrix. This model features the affiliate on the topmost tier, with two individuals below them. The individuals in the second tier have two others below them, and it continues in that fashion until the 20th tier.
It is worth noting that an affiliate’s matrix must be full for them to get compensation. The positions are filled when the affiliate convinces other individuals to purchase their own matrix. Each position is worth $2; however, Crypto Pros sells them in bundles of 15, 31, 63, and 127.
Every position filled on the 2*20 matrix earns the affiliate a 4.5% commission. Moreover, the affiliate earns a 100% matching bonus when their recruits fill their respective matrices.
As mentioned above, interested parties are required to purchase matrix positions to join Crypto Pros. To increase the potential earnings, users are encouraged to buy more matrix positions.
Frank Hester, the founder of Crypto Pros, has a reputation of operating cryptocurrency Ponzi schemes. Therefore, it is almost guaranteed that Crypto Pros is yet another scamming project. Also, in this regard, Crypto Pros follows the operational model of a pyramid scheme because profits are generated from recruiting new members.