What Is Geton Global? A 700% Total ROI Ponzi Scheme Exposed!
Welcome to my Geton Global review!
Cryptocurrency MLM’s are pyramid schemes in disguise, most of the time. We’ve yet to review a legitimate cryptocurrency MLM, so that’s how prevalent these scams are in the industry. But why are people getting reeled in to these scams? These schemes promise get-rich-quick income opportunities, mostly through huge passive ROI’s.
From a legitimate investing standpoint, ROI’s are dependent on your investment (duh!). If you invest small, your ROI is going to be small no matter how long you let it sit. On the other hand, if your investment is huge, you get a huge payout as well.
But for pyramid schemes, every payout is guaranteed huge.
Today, we’re reviewing Geton Global and figure out why you shouldn’t Geton this scheme (get it?).
First of all, I must Congratulate you for taking your time to do your own research before buying into any "seemingly good" product.
That's the way to avoid scams and find the legitimate way to make money online!
Let me be completely transparent with you, I'm not associated with Geton Global in any form.
So, rest assured that I'm not here to pitch or sell anything to you.
Instead, I'm here to reveal what this program is all about...
Geton Global Review Summary
Product Name: Geton Global
Founder: Milan Kozlevcar
Product Type: Cryptocurrency Investment Ponzi Scheme
Price: Various investment packages
Best For: No one
Summary: Geton Global is a cryptocurrency investment Ponzi scheme that's being promoted by two nefarious people in the Ponzi schme circle. One of them happens to be from the one and only OneCoin, and another one was involved in Slovenian-based Ponzi schemes. If that's not enough, their compensation plan has all the red flags of a Ponzi scheme.
Rating: 1/100
Recommended: No!
More...
What is Geton Global?
Geton Global is a cryptocurrency investment MLM or multi-level marketing company that only recently came up in the later parts of 2020. Their landing page doesn’t really tell us who runs the company, but their marketing videos presents otherwise.
What Is Geton Global - Landing Page
Domain name information is tricky because they used a Slovenian name-server provider. Their marketing videos presents someone that we’re all familiar with the pyramid scheme circle.
Kari Wahlroos appears on their YouTube marketing videos, and for those of you who don’t know, he’s one of the prominent figures behind the notorious Ponzi scheme called OneCoin.
What Is Geton Global - Kari Wahlroos
The last time we heard of Wahlroos was his involvement with another pyramid scheme called Wantage One Ponzi scheme. We guess that didn't work out the way he wanted it to. His involvement with Geton Global revealed the News feature of the website. Here, it was revealed that the CEO and founder of the company is Milan Kozlevcar.
We weren’t able to find any digital footprints that showed Kozlevcar’s involvement with previous MLM companies or projects.
What we did find was his involvement with numerous Ponzi schemes, as seen in this Reddit post.
Geton Global Product Line
Geton Global offers no retail products or services, which is supposed to be part and parcel of any legitimat MLM company. What they do have to offer is membership into their income opportunity.
You have to invest a minimum amount to take part in their compensation plan and have others do the same thing.
I'm Jerry!
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Does The Product Work?
Geton Global markets their services by promising their members that they’ll receive a “711% market cap growth of hosted blockchain companies”.
This is an odd claim because the only blockchain companies being offered right now belong to… drumroll please… Milan Kozlevcar.
They don’t also specify how their returns are generated, but they do mention that PiplCoin PronCoin are blockchain companies.
Piplcoin was launched in 2017 and was tagged as a useless coin. Its purpose is to provide high-grade liquidity for a blockchain project called PiplShare. PiplShare is marketed as a worldwide freelancing platform, or at least that’s what they wanted to showcase it as. Now it just sounds like a smart-contract Ponzi. There are about 7 million PiplCoins to exist during its lifetime and this was counted back in july 2017.
PiplCoin is publicly tradeable and was valued at 9 cents, but the shitcoin dump a few times ago devalued it at $0.000655.
Geton Global’s founder holds a lot of PIPL and PRON coins, so we can see why he’s eager to have other people invest on it.
His program just aims to increase the value of these coins and cash out once it reaches a price ceiling that he’s set.
But that’s not our biggest concern here. Geton Global’s investment opportunity doesn’t really say how it generates ROI for its members. Since they are not registered with any financial regulatory agency, they’re not permitted to carry out financial transactions on behalf of their members.
What this means is that they’re committing securities fraud at the bare minimum, which also means jail time.
Plus you have two prominent scammers promoting this program, so that’s another red flag in itself.
How To Make Money with Geton Global?
Geton Global offers two ways to make money from their compensation plan:
ROI’s or returns on investment
Recruitment commissions
How To Get Started with Geton Global?
Their membership is tied to different investment tiers.
Geton Global membership is €50 EUR
Geton Trading membership is €100 EUR
Geton Trading Premium affilite membership is €12,500 EUR
Full participation requires an additional €1 to €12,500 EUR investment.
Geton Global Compensation Plan
Geton Global’s investment plan is thoroughly explained on their landing page. This investment part is referred to as Geton Investments, which consists of:
Geton Global Investments
Geton Global members invest their funds on the promise of a 100-day ROI.
Invest €1 to €499 EUR and receive 0.5% a day
Invest €500 to €2499 EUR and receive 0.75% a day
Invest €2500 to €9999 EUR and receive 1% a day
Invest €10,000 to €12,500 EUR and receive 1.25% a day
There is a 50% fee if you withdraw before the 100 days is over.
You have to pay €50 EUR affiliate membership fee, which the company uses to fund the commissions. This follows a 5x9 matrix compensation plan and you earn as follows:
Level 1 (5 positions) – 6%
Level 2 (25 positions) – 5%
Level 3 (125 positions) – 4%
Level 4 (625 positions) – 6%
Level 5 (3125 positions) – 5%
Level 6 (15,625 positions) – 4%
Level 7 (78,125 positions) – 3%
Level 8 (390,625 positions) – 2%
Level 9 (1,953,125 positions) – 1%
Geton Trading
Investment tiers start out at €1 EUR.
Invest €1 to €2499 EUR and receive 0.75% a day
Invest €2500 to €9999 EUR and receive 1% a day
Invest €10,000 to €12,500 EUR and receive 1.25% a day
There is also a 50% withdrawal fee if you withdraw before 100 days. Geton Global members pay either €100 EUR or €12,500 EUR for regular and premium membership respectively.
This is also used to fund commissions. Commissions follow a 4x8 Matrix:
Level 1 (4 positions) – 6%
Level 2 (16 positions) – 5%
Level 3 (64 positions) – 5%
Level 4 (256 positions) – 6%
Level 5 (1024 positions) – 5%
Level 6 (4096 positions) – 4%
Level 7 (16,384 positions) – 3%
Level 8 (65,536 positions) – 2%
Geton Global Ugly Truths Revealed!
#1 It’s Run By Popular Scammers!
It’s already a huge flag in itself when the company is run and promoted by two prominent figures in the pyramid scheme circle. OneCoin made headlines a couple of years ago by swindling billions of dollars’ worth of member payouts.
#2 Recruitment Incentives?
In the eyes of the FTC and other regulatory agencies that govern MLM activity, a program that incentivizes recruitment more than sales is flagged as a pyramid scheme. When they’re flagged, investigations are carried out and penalties will be enforced.
In other words, you only make money via Geton Global by recruiting other people into the program.
#3 Securities Fraud
As mentioned earlier, you’re more likely to commit securities fraud if you get involved with Geton Global. They are not authorized to carry out financial transactions and they’re not registered with any regulatory agency.
If you promote the program and you make money off of the people you recruited, you can land some serious jail time. If you don’t believe us, look at what happened to the OneCoin founders and members.
What I Like About Geton Global?
There’s nothing to like about Geton Global. It’s just one big Ponzi scheme.
Is Geton Global a Scam?
Geton Global is a scam, and that much we can guarantee. The fact that it’s being promoted by two popular figures in the Ponzi scheme circle means that the program’s probably bogus as well.
The incentives you get are all based on how many people you recruit. There’s no trading or investing being done here by Geton Global or their members.
Stay away from this program.
How I Make a Living Online?
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.
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In fact, with affiliate marketing...
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