Marcello Fornelos Jose Pereira, a Florida resident, appears as the chairman of 8Elos, a scheme registered in the British Virgin Islands, which demands up to a $3,000 buy-in from new participants. The 8Elos website, registered on July 4, 2014, provides no retail products or services. Instead, it promises high returns on investment packages, a hallmark of a Ponzi operation.

The company's operational structure adds another layer of obfuscation. While the 8elos.com domain lists "8 Elos Finest Jewelry Limited" in the British Virgin Islands as its owner, the firm's Terms and Conditions cite a different address. This second location, 20 Rue Adrien Lachenal, 1207 Geneva, Switzerland, belongs to SFM Corporate Services. SFM specializes in setting up offshore companies and bank accounts, advertising Swiss company formation for 3,320 EUR. The British Virgin Islands functions as a common jurisdiction for multi-level marketing schemes seeking to avoid regulatory oversight. 8Elos's terms explicitly route all disputes to BVI arbitration and courts, ensuring the company operates under BVI law while maintaining a nominal presence in Switzerland.

Compensation plan materials offer a vague description of ownership, stating 8Elos belongs to "a holding company controlled for investors Brazilians and North Americans that act in the sectors of fuel, fashion, transport, vehicles and financials." This broad statement covers almost every sector, offering little specific insight.

An affiliate presentation slide names "Mark Pereira" as Chairman, featuring an Abraham Lincoln quote instead of a biography. This "Mark Pereira" is Marcello Fornelos Jose Pereira. A photo circulating online shows Pereira with Sannderly Rodrigues, a top investor in the notorious TelexFree Ponzi scheme. Details of Pereira's past legal entanglements in Portuguese courts remain unclear.

Affiliates must purchase one of four packages to join: Elos Start ($300), Elos 1 ($1,000), Elos 2 ($2,000), or Elos 3 ($3,000). This initial purchase triggers an 8% recruitment commission for the referrer, ranging from $24 to $240 depending on the package tier.

8Elos designates 8% of its total monthly affiliate package revenue for distribution to "eligible associates." To qualify, an affiliate must recruit two individuals who each purchase an Elos 1 package or higher. Each package held by an eligible associate represents one share in this pool. The company advertises guaranteed annual returns: Elos 1 promises $1,600, Elos 2 yields $3,200, and Elos 3 pays $4,800. These payouts are scheduled over twelve months.

A 2x8 matrix structure pays residual commissions at 0.8% per filled position, extending eight levels deep. A binary compensation plan adds another layer, paying 8% on the weaker team's volume, with a daily cap of $18,000. Affiliates unlock rank bonuses by achieving volume milestones in their weaker binary leg. "Earl" status, requiring $150,000 in volume, comes with a $1,000 bonus. The highest rank, "Emperor," demands $150 million in volume and awards $1 million plus an Audi R8.

A Global Bonus pool allocates 0.8% of company-wide package sales to affiliates who have recruited 24 individuals at the $3,000 tier. The frequency of these payouts is not specified. A "Promotional Bonus of Travel" promises trips but offers no details. All packages expire yearly, necessitating re-investment to continue participation. A $50 "back office" charge also appears in company materials, possibly as an annual fee.

The 8Elos website extensively mentions emeralds, but these stones are not integrated into the compensation plan as a product or service. Affiliates reportedly receive a small stone with their package purchase, serving primarily as window dressing for what is fundamentally an investment fraud.

The scheme generates revenue exclusively from new affiliates buying packages. These funds then pay earlier investors their advertised returns. This money flow defines a textbook Ponzi operation, compounded by pyramid recruitment commissions. The monthly ROI payments allow Marcello Pereira time to extract funds before the inevitable collapse. The company's terms explicitly prohibit refunds, stating, "The value delivered to the purchase of this package is non-refundable." This means funds from new investors are immediately used to pay previous investors.

A September 7th Facebook post by Pereira showed Sann Rodrigues promoting what appeared to be an 8Elos referral link. Entering Rodrigues's affiliate code revealed the account was registered under Pereira's name. Rodrigues faces a preliminary injunction ordering him to "cease conducting any further fraud involving securities or otherwise." As TelexFree's self-proclaimed top investor, he extracted approximately $3 million from victims before its collapse. The Securities and Exchange Commission is currently pursuing him through courts. Weeks before his activity with 8Elos surfaced, Rodrigues was promoting iFreeX, claiming thousands in his downline, which triggered a Massachusetts Securities Division investigation. The SEC continues its legal pursuit of Rodrigues, seeking to recover funds for victims of the TelexFree scheme.