Wiseling Review – A Sneaky But Collapsed Ponzi Scheme!

Wiseling is a MLM or multi-level marketing company that operates in the financial services niche. They have a physical address in Finland listed on their website to make us think that they’re legitimate. 

The address turns out to be a virtual office owned by Regus. Unlike most Ponzi schemes, they have owners listed on their website: Matias Lappo and Elias Mattila. Or at least, we think they’re real people running a company. 

Lappo is the face behind a lot of Wiseling’s marketing videos, which are hosted in rented office spaces. On the other hand, Mattila is the man behind their social media activity. He currently runs their Facebook, Twitter, and YouTube channel. 

But apart from Wiseling, there’s no evidence that Mattila exists anywhere else. It’s like he just came out of the waterworks or something to promote a scam. 

Wiseling Product Line

There are no retail products or services offered by Wiseling. They only offer membership into their income opportunity via investments. 

Does The Product Work?

Wiseling is a typical MLM Ponzi scheme because it promises a lot of things. For one thing, they claim that they’re generating ROI via “fiat currency, cryptocurrency, and industrial assets” but there’s no proof anywhere that there’s any of that being done. 

This is made obvious by the fact that they’re misleading their customers with fictional generated returns on social media, as seen below. 

They also promote a passive investment opportunity, which constitutes securities offering. As of this writing, we have no proof that they’re registered to carry out these kinds of financial activities at all. 

As it stands, the only verifiable proof of income is through new member recruitment. Recruiting is done to get new member investments. New member investments are used to pay off existing members. As long as you’re on the lowest tier, you’re never getting paid a single cent. 

Like most Ponzi schemes, once recruitment stops, the money stops coming in too.

There’s only one way to make money with Wiseling and that’s through new member recruitment. 

How To Get Started with Wiseling?

Wiseling membership is free, but to get into their income opportunity, you need to invest a minimum of $50. 

Wiseling Compensation Plan

Wiseling’s compensation plan is tied to USD and Bitcoin investment plans.

USD Investment Plans

1. Fiat – invest $50 or more and earn a 0.8% to 1.3% daily ROI for 16 days
2. Medical Industry – invest $500 or more and earn a 2.7% daily ROI for 180 days
3. Forex – invest $3000 or more and earn a 1.1% to 1.6% daily ROI for 24 days
4. Stock Market – invest $15,000 or more and earn a 1.3% to 1.8% daily ROI for 30 days
5. Commodity Exchanges – invest $50,000 or more and earn a 1.5% to 2% daily ROI for 36 days
6. IT Industry – invest $50,000 or more and earn a 3% daily ROI for 200 days
7. Futures Market – invest $150,000 or more and earn a 1.8% to 2.4% daily ROI for 42 days

Bitcoin Investment Plans

1. White – invest 0.01 BTC or more and earn a 2% daily ROI for 100 days
2. Red – invest 5 BTC or more and earn a 2.4% daily ROI for 100 days
3. Black – invest 15 BTC or more and earn a 2.7% daily ROI for 100 days

Referral Commissions

Wiseling’s referral commissions follow a unilevel compensation structure. If you are unfamiliar with this structure, it works like this: 

Any personal or direct recruits made by you are placed under you and marked as your level 1. When your level 1 recruits get new people, they are placed under them and marked as their level 1’s and your level 2’s. 

And this goes on infinitely in theory. Wiseling caps it out at 12 levels, so that’s still a lot of people.

• Status 1 – sign up and invest and earn a 4% referral commission rate
• Status 2 – generate $2000 in downline investment volume and earn a 6% referral commission rate
• Status 3 – generate $15,000 in downline investment volume and earn an 8% referral commission rate
• Status 4 – generate $60,000 in downline investment volume and earn a 10% referral commission rate
• Status 5 – generate $300,000 in downline investment volume and earn a 12% referral commission rate
• Status 6 – generate $750,000 in downline investment volume and earn a 14% referral commission rate
• Status 7 – generate $1,500,000 in downline investment volume and earn a 16% referral commission rate
• Status 8 – generate $4,000,000 in downline investment volume and earn an 18% referral commission rate
• Status 9 – generate $15,000,000 in downline investment volume and earn a 20% referral commission rate
• Status 10 – generate $30,000,000 in downline investment volume and earn a 22% referral commission rate
• Status 11 – generate $60,000,000 in downline investment volume and earn a 24% referral commission rate
• Status 12 – generate $100,000,000 in downline investment volume and earn a 27% referral commission rate

Referral commission rates are coded, meaning a maximum of 27% is paid out on all Wiseling investment.

This works by paying the referring affiliate (the affiliate who recruited the affiliate investing), the referral commission that corresponds with their rank.

E.g. If the referring affiliate was Status 7, they earn their 16% referral commission rate.

#1 Various Government Warnings

Wiseling received various government warnings for securities fraud. Finland and Ghana are just two of the countries that issued these warnings. 

This means that government agencies are keeping an eye out for companies like Wiseling and are putting a stop to them. 

#2 Verge of Collapse

Wiseling reportedly stopped membership withdrawals in February this year, citing that they’re doing something behind the scenes to fix the system. The announcement was made on February 18th. 

Withdrawals were supposed to resume on the 19th, but it was postponed to a later date. Unfortunately for members, the withdrawals never resumed. 

The site and YouTube channels were closed shortly after, with only their social media pages still active.

#3 Owners Have Exited!

We have reason to believe that the owners of Wiseling have exited the company along with members’ funds. Preventing membership withdrawals and closing down the site were the biggest clues. 

Wiseling is a Ponzi scheme and we think it’s already collapsed because no one’s invested on the program anymore. 

There’s nothing to like about the program.

Wiseling is a Ponzi scheme, nothing more and nothing less. The program’s main focus is recruitment. You’re incentivized to recruit people to get them to invest and to get your money back. 

There’s no proof here that they are making money here outside of recruitment. They also got government warnings issued against them, so that’s enough for us to let us know that they’re worthless and operating illegally.

I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.

Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.

The reason is simple...

• You don't have to recruit anyone to make money
• You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
• It's Free to get started

In fact, with affiliate marketing...