What Is Apex Financial? Ponzi Scheme Made By A Serial Ponzi Scammer!

Apex Financial is a MLM or multi-level marketing company that operates in the cryptocurrency niche. The domain name was registered in January 2021. We assume that they’re a reboot of an old Ponzi scheme that shut down earlier. 

Apex Financial lists down several executives on their website, but we believe they’re not real. The only person who’s real is James Ward, a notorious Ponzi schemer. James Ward lists himself as the head of marketing, but we know too well that he’s the owner of the program. 

He first appeared on our radar when he was the CEO of LGN Prosperity in 2010, a travel program Ponzi schene. You bought travel vouchers that generated positions into a 2x2 matrix cycler. 

By 2011, LGN Prosperity transformed into LGN International, which now added commissions for each travel booking made. But the company shut down in 2013. 

By 2015, he started 2SL Start Living, which was another attempt at a Ponzi scheme within the travel niche. This was another short-lived scheme because it died in the same year. By 2016, he launched Pangea, another company with a travel-based Ponzi scheme business model. 

Pangea collapsed in 2017, but was rebooted to a 2.0 version of the company. But they didn’t last long. Ward then hid from public view and only resurfaced back in 2019 with another company called Sports Trading BTC, a crypto Ponzi scheme.

This scheme only lasted up until December 2019 and rebooted into the Global Credits Network. This site collapsed sometime in April 2020. By June the same year, Ward launched Lion’s Share. One can assume that Apex Financial is the reboot of Lion’s Share.

In an attempt to appear legitimate, Ward incorporated the company, which has absolutely no meaning for what they want to do.

Other two owners of Apex Financial are Jason Rose and Hitesh Juneja. They, together with Ward, created Rise Network sometime in November 2019. Word is that the site is still active but they’re on the verge of collapse. 

Apex Financial Product Line

Apex Financial offers no retail products or services. All they have to offer is membership into their income opportunity.

Does The Product Work?

Apex Financial produces their own cryptocurrency called AFT Token. This is nothing more than an ERC-20 Ponzi shit token. 

When we say shit-token, it’s a cryptocurrency created by the developers behind a particular Ponzi scheme. It has no value outside of the program it’s being promoted in. 

Member returns are paid out through these tokens, but you invest in the program with either BitCoin or Ethereum. This doesn’t make sense because you’re getting shit for something valuable. 

What happens when AFT loses its value? You lose money. 

Because there’s no liquidity offered to members, there are no withdrawals offered. This is how Apex Financial would carry out their exit strategy. 

Focusing on their income opportunity, they constitute a securities offering due to them offering ROI’s. They are not registered to carry out these activities by any financial regulatory agency. 

Their incorporation is meaningless because it doesn’t give them the right to transact on behalf of their members. 

As it stands, the only source of income is through new member recruitment. Recruitment has people investing funds into the program. These funds are used to pay off the higher tiers and trinkle their way down. 

Once the recruitment stops, the money stops coming in.

There’s only one way to make money from Apex Financial and that’s through new member recruitment. 

How To Get Started with Apex Financial?

Apex Financial membership is free, but to participate in the income opportunity, you need to invest a minimum of $500 in AFT Tokens. These investments come in the form of BTC, ETH, and Litecoin. 

Apex Financial Compensation Plan

Apex Financial members are sold tokens at a 1:$1 exchange rate. Once tokens are purchased, they are parked so members can generate the advertised returns:

1. Apex Rise – invest 500 AFT or more and receive 0.3% to 0.6% a day, paid over 90 weekdays
2. Apex Scale – invest 2000 AFT or more and receive 0.4% to 0.7% a day, paid over 180 weekdays
3. Apex Soar – invest 5000 AFT or more and receive 0.5% to 0.85% a day, paid over 360 weekdays

Tokens are locked till maturity and Apex Financial takes out 30% of returns paid out. 

Referral Commissions

Apex Financial pays out their referral commissions via a unilevel compensation structure. This places you at the top of the unilevel team. 

Every personally recruited member is placed below you and labeled as Level 1. 

When your Level 1’s recruit, these new members are placed below them and labeled as their Level 1’s. These new members are your Level 2’s. 

This goes on infinitely in theory. Apex Financial caps out the structure at 20 levels, paying out commission as follows:

• level 1 (personally recruited affiliates) – 2.5%
• levels 2 to 5 – 1%
• levels 6 and 7 – 0.5%
• levels 8 to 14 – 0.25%
• levels 15 to 20 – 0.125%

Performance Bonus

Apex Financial pays out 30% as daily returns through AFT Tokens. 90% of that 30% are used to pay out Performance Bonus. This follows the same structure as referral commissions and pays out per level: 

• level 1 – 25%
• levels 2 to 5 – 10%
• levels 6 and 7 – 5%
• levels 8 to 14 – 2.5%
• levels 15 to 20 – 1.25%

#1 Ponzi Scheme!

As you can see from their income opportunity, recruitment is the name of the game. People have to recruit in order to get paid by the company. As if they’re even getting paid at all. 

To make it worse, the owner is a notorious Ponzi schemer so he’ll be able to exit on a whim and you can’t do anything about it. 

#2 Securities Fraud!

As mentioned earlier, they are not registered to carry out investment activities on behalf of their clients. They are committing securities fraud, which is a serious crime and could land you some jail time if you make money from Apex Financial. 

#3 Shit-Coin Generator! 

Apex Financial is one of the Ponzi schemes that create their own shit-coin. Shit-coin is a term we use to refer to cryptocurrency that has absolutely no value to the market. These coins are arbitrarily controlled by the owner behind Apex Financial, so it goes up and down in value depending on what they want to do with it. 

The moment they drop the value to 0, that’s the time they’ll exit the company and close it down.

There’s nothing to like about Apex Financial. It’s just a Ponzi scheme.

Apex Financial is a reboot of an old Ponzi scheme and we have reason to believe that there’s nothing legitimate going on here. 

From securities fraud to creating worthless tokens, they will do anything to get your money. It’s bad enough that the owner will just close down this company and reboot it into something else.

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...