What Is GreenGold? Save The Rainforest Ponzi Scheme!

GreenGold is a MLM or multi-level marketing company disguised with the objective about helping the government. But in fact, it’s nothing more than a Ponzi scheme. 

The program was created by “eco-entrepreneur” Adam Durand with the help of his outside “partners”.  

Outside of GreenGold, we can't find any information about Durand. He claims to be born in Finland and moved to the US not too long ago. Google doesn’t return any other info about Durand except for his involvement with GreenGold. 

And we know why. 

Adam Durand is nothing more than a character played by an actor named Danilo Ferraz. This is a common MO used by a Russian Ponzi scheme (what the industry experts call a Boris Scam). 

As of this writing, their marketing videos were deleted from their YouTube channel after Ferraz was outed.

GreenGold promises that you’re investing to help the Amazon Rainforest, but you’re participating in a Russian Ponzi scheme (Boris Scheme).

GreenGold Product Line

GreenGold has no retail products or services. Members are only able to invest in the income opportunity. 

Does The Product Work?

GreenGold claims that they generate external income via selling wood and carbon credits, but there’s no proof that they are carrying out any of these activities. 

It’s even more absurd that they claim they’re soliciting investments via Bitcoin. They offer a passive income opportunity, which constitutes securities offering. But they are not registered to offer securities in any country or jurisdiction. 

Like most of the Ponzi schemes that we reviewed, the math does not check out because the source of income comes from new member investment. 

The new member investments are used to pay out the older members, or those that were already in the program before you. 

As long as you are the bottom of the tier, you’re not making any money here. 

Some important updates: 

As of June 5, 2021, GreenGold announced their exit scheme once their founder was outed as an actor. 

As of June 6, they deleted their marketing videos from their YouTube channels, indicating they’re ready to exit. 

BehindMLM reports that they already exited their scheme on the 6th.

There’s only one way to make money from GreenGold and that’s through recruitment. Your ROI isn’t generated by trading or anything else they promise. You’re paid once you get people into the program. 

How To Get Started with GreenGold?

GreenGold membership is tied to your investment, with a minimum of $25 and up to $1,000 in Bitcoin. The more you invest, the more money you make. 

GreenGold Compensation Plan

GreenGold invest Bitcoin on the promise of earning 0.3% up to 3% daily ROI. 

There are six investment tiers made in Bitcoin, but the marketing documents are quoted in USD:

• Eco25 – $25
• Eco50 – $50
• Eco100 – $100
• Eco250 – $250
• Eco500 – $500
• Eco1000 – $1000

GreenGold claims their daily returns are paid for at least twelve years. The rest of their compensation plan revolves around recruiting people. 

Referral Commissions

GreenGold pays out 15% referral commissions on BTC invested by your personally recruited members. 

Residual Commissions

GreenGold pays out residual commissions following a binary compensation structure. Two positions are split under you and labeled as your left and right leg. 

Members you recruit are placed under these legs. These legs will spawn two positions each, and goes on infinitely in theory. 

More legs open up when the upper positions are filled. 

GreenGold tallies up new investments on both sides of the binary team. Residual commissions are based on how much members invest: 

• Eco25 tier affiliates can earn up to $50 a day
• Eco50 tier affiliates can earn up to $100 a day
• Eco100 tier affiliates can earn up to $200 a day
• Eco250 tier affiliates can earn up to $500 a day
• Eco500 tier affiliates can earn up to $1000 a day
• Eco1000 tier affiliates can earn up to $2500 a day

Once the weaker side of the binary team is paid out, they’re matched against the stronger binary team and flushed. Any leftover volume from the stronger binary team is carried over. 

Once weaker side binary volume is paid out on, it is matched against the stronger binary team side and flushed.

Any leftover volume on the stronger binary team side carries over.

#1 Ponzi Scheme!

The only thing this program has going is that it’s a Ponzi scheme. The income opportunity relies on new member investment, which is done via recruiting people. 

You’re not generating any ROI through whatever platform or tool they promise. 

#2 No Proof of Income

They don’t have proof that they’re generating income other than through recruitment. There’s also the fact that they are offering securities even though they’re not registered to carry out these kinds of transactions. 

#3 Fake Actor!

Let’s not forget the fact that the scheme is about to collapse because their founder was outed as an actor. This is typical of Russian Ponzi schemes because they usually put a face to a name.

There’s nothing to like about GreenGold. It’s a Ponzi scheme. 

GreenGold is nothing more than a Ponzi scheme, and there’s no proof that they’re a legitimate investment platform that supposedly helps the Amazon Rainforest. 

Hiding behind their paid actor and behind a Rainforest background, GreenGold tries to mislead you with their environmental goals. 

There’s no proof here that they’re generating income other than through recruitment, which makes it a Ponzi scheme. 

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...