Is We Share Abundance a Scam? A 50% ROI Ponzi Scheme Exposed!

We Share Abundance is a MLM or multi-level marketing company that works in the investment and finance niche. It promises a 50% ROI for your investments, which indicates that this program does investments and trading on behalf of its members. 

The owners of the company are Graham Frame and Rosa Frame. If these names sound familiar, then you might’ve been to one of their presentations for their numerous companies such as Success Lifestyles and All-In-One Profits. 

Both of which are considered to be a Ponzi scheme and cash gifting scheme respectively. 

Frame was also involved in Empower Network, which he used to funnel people into another scam called SimpleFastCash. 

In 2016, he also came up with Classified That Pay, which was a $5 pyramid scheme.

We Share Abundance Product Line

Just like its predecessors, We Share Abundance does not offer retail products or services. You’re only paying for membership into the income opportunity, which comes in the form of investments. 

Does The Product Work?

We Share Abundance is nothing more than a Ponzi scheme. Members invest into the program thinking that they get paid out daily returns, but it’s nothing more than a gimmick to get them to invest more. 

The matrix side of the compensation plan draws out unsuspecting victims and makes them think that the more they recruit, the more money they get. 

All of the investments are being tracked by their WESA tokens, which Graham Frame can generate at no cost at all. Just like all the shit-tokens we exposed, WESA tokens have no value outside of We Share Abundance. It can’t be traded publicly nor can it be used for any other transaction. 

Withdrawals are also encouraged once the investment has been paid out, but We Share Abundance has changed tactics to prevent people from doing that. You see, they could pay out as long as the money’s still there. 

But when withdrawals exceed the amount of investments, it then goes into a deficit. This makes it the biggest reason why We Share Abundance is a Ponzi scheme. 

There’s no proof that trading or investing is being done to generate profits for both the company and the members. There’s no other source of income coming into the company other than member investments.

We Share Abundance offers only one way to make money and that’s through recruiting people. 

How To Get Started with We Share Abundance?

We Share Abundance’s membership is tied to a minimum of $2.50 investment, but it doens’t get you into you the full program. 

You’d have to pay $125 to enjoy the full benefits of their compensation plan. 

If you invest $125, you get $25 back in WESA tokens within 48 hours. 

We Share Abundance Compensation Plan

We Share Abundance invest funds on the promise of advertised ROI’s:

Pool 1 – invest $2.50 and receive 10 cents a day

Pool 2 – invest $3.75 and receive 25 cents a day

Pool 3 – invest $6.25 and receive 50 cents a day

Pool 4 – invest $12.50 and receive $1 a day

Pool 5 – invest $25 and receive $2 a day

Pool 6 – invest $75 and receive $5 a day

These pools have to be invested in sequential order and requires affiliates to login daily to their dashboard to receive the returns. 

There’s no mention of any term limits on the We Share Abundance investment.

Referral Commissions

We Share Abundance members receive 10% of commissions from funds invested by their personally recruited members.

Matrix Commissions

Everyone who’s invested into We Share Abundance gets placed randomly into the matrix and receive commissions every month. 

There are six matrices, based on the 6 investment tiers from We Share Abundance. 

One example made by Frame shows the company using the 5XX matrix structure, meaning it’s a 5-level by X matrix. The size of the matrix depends on how many positions are in that investment tier. 

These are paid out based on the levels of the matrix. Each affiliate with an investment position is placed randomly in a matrix tier. 

There’s no mention of specific percentages per matrix tier or level.

#1 WSA Is Using KYC To Restrict Withdrawals

To prevent the company from collapsing due to the investment deficits, We Share Abundance enforced KYC to restrict withdrawals. KYC, or Know Your Customer, simply means that members have to provide proof of identification before withdrawals can be made. 

Identification such as driver’s licenses, passports, and any other government-signed ID are required. Some also require the first and last 6 digits of the credit card, expiration date, and name of cardholder. 

So, if you think your money is in danger here, you’re right. Your personal information is also at risk for the KYC requirements they enforced. Don’t ever think that you can get your money out. It’s not worth risking your personal information. 

#2 Members Are Being Funneled To Another Ponzi

We Share Abundance also funnels its members to another scheme called OnPassive, which is marketed as a “GoFounders” prelaunch website. Both OnPassive and GoFounders had their domains registered in mid 2018. But OnPassive’s landing page is a placeholder that claims “Only Qualified Founders Are Accepted In Prelaunch via Invitation”. 

When you go to the prelaunch website of GoFounders, it will show the CEO, Ash Mufareh, marketing the company. Mufareh is known for his involvement with GFI Fusion as CEO and founder. GFI Fusion is a marketing team that works with Global Domains International. 

#3 Owners’ Reputation With Ponzi Schemes

We honestly don’t know how We Share Abundance’s owners, Graham Frame and Rosa Frame, are able to get away with whatever it is they’re doing. All of the companies they were involved in, whether they created it or not, were all Ponzi schemes. 

They were also notorious for funneling members from one scam to the next, which is quite distasteful. In the future, if you see any company with their names on it, it’s safe to assume that it’s a Ponzi scheme.

There’s nothing to like about We Share Abundance. It’s just one big Ponzi scheme.

Without a doubt, We Share Abundance is a Ponzi scheme and is a scam. There’s nothing legitimate going on around here. 

1. They have no proof that investments or trading is being done to generate profits for both company and member. 

2. They added KYC requirements to make withdrawals harder. KYC require more personal information such as government-issued ID’s and credit card information. This puts you at risk for being breached and exploited by hackers. 

3. The owners are known for their creativity with other Ponzi schemes before We Share Abundance was created. They just funnel their members from one scam to the next, regardless if it’s their company or not. 

Stay away from the company!

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In fact, with affiliate marketing...