What Is Elysium Network? It’s Definitely Not Something Legit!

Elysium Network is a MLM or multi-level marketing company that’s tailored to the financial investment niche. Unlike most of the pyramid schemes that we reviewed, this company actually has a real person behind it.

The owner and CEO of Elysium Network is Fred Pascal Stege, and has an impressive resume.

His MLM experience goes back in 2005, working with MLM companies such as Vemma (also known as Origin Pure) and Jeunesse.

After his involvement with Jeunesse in 2019, he went on to create Elysium Network.

Elysium Network Product Line

Elysium Network offers investments through what they call their Elysium Capital Pinnacle Portfolio, which is described as a world-class portfolio and has achieved high performance on top of a solid risk-to-reward ration.

The external revenue of the company is generated through Currency Trading, Manual Trading, and HFT or High Frequency Trading.

Does The Product Work?

Now let’s look at how their business operates. They claim that they generate ROI through their authorized prime brokers and liquidity providers registered under the Swedish Financial Supervisory Authority or FSA. They have full transparency offered and have segregated accounts with different European banks such as Barcllays and Swedbank.

Now, this is good and all, but how about their passive investment income opportunity? You know, the one that they’re actively promoting.

In order to carry out investments and other financial activities, they need to be authorized by these financial institutions. It’s one thing to register your business with them, and another thing to get authorization to operate like this.

Unfortunately, I couldn’t find any information on their registration or any authorization that would allow them to invest legally.

So why are they doing something illegal? Shouldn’t the owner, with all of his MLM experience, know any better?

Without being authorized to carry out investments, it means they are not legally required to be audited by third-party accounting filing. We will never know if they are paying returns based on external revenue.

Right off the bat, this is securities fraud.

On top of that, their compensation plan (which we’ll discuss below) is focused on recruiting and not on the selling.

This means that they are operating as a pyramid scheme. If you don’t believe us, check out what the FTC and SEC have to say about it:

Elysium Network presents its income opportunity by letting you think that you can make money from:

• ROI or return on investments from investments made
• Referral and recruitment commissions from signing people up and getting them to invest

How To Get Started with Elysium Network?

The membership into Elysium Network will cost you €548.95 EUR and then €79.95 EUR a month

Elysium Network affiliate membership is €548.95 EUR or about $650USD and then €79.95 EUR or $93.95USD a month.

There’s a cheaper option of €179.90 EUR but it doesn’t allow you to participate in the compensation plan.

Elysium Network Compensation Plan

Direct Commissions

Elysium Network pays out commissions to members when they sponsor new affiliates:

• Make €25 EUR on the sponsoring of a €179.90 EUR affiliate
• Make €100 EUR on the sponsoring of a €548.95 EUR affiliate

Unilevel Residual Commissions

Elysium Network pays out a commission following a unilevel residual compensation structure. Members you personally recruit are placed under you and are marked as the 1^st level.

Their recruits are placed on the 2^nd level, and goess on from there.

You earn a commission per level. The deeper the level, the lower the commission percentage.

Binary Residual Commissions

They also have commissions based on a binary compensation structure. Members are placed into your left and right side, or what you call as legs. This is the first level.

Their recruits are placed on your second level, and they branch off into two more spots (that would have you with 4 members for that level).

This goes on indefinitely, and commission is based on the monthly fee paid by the recruits.

#1 Securities Fraud?

As mentioned earlier, Elysium Network puts itself at risk for securities fraud for not having the right authorizations from the financial regulators.

They are not authorized to carry out investments in Sweden, USA, or any part of the world.

This is their regulatory failing, and charts like these are no substitute for auditing:

Also, if they brag so much about their software, why isn’t available to non-affiliates or non-members?

And why is there no information provided on how these bots work?

#2 Pyramid Recruitment Incentives

With regards to their incentives, everything is focused on recruitment. This is as suspicious as it gets when we want to consider it a pyramid scheme.

Members are given access to a back-office software, which the program is supposed to be selling. But even then, Elysium Network doesn’t go into complete detail on how that program is supposed to work.

What you’re actually left with is paying these membership fees and getting paid to recruit others.

There’s nothing to like about the program. There’s just a lot of things wrong, and it’s wrong to say anything otherwise.

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...